0001104659-21-030161.txt : 20210301
0001104659-21-030161.hdr.sgml : 20210301
20210301172914
ACCESSION NUMBER: 0001104659-21-030161
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210225
FILED AS OF DATE: 20210301
DATE AS OF CHANGE: 20210301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Deutsch Meredith L
CENTRAL INDEX KEY: 0001607393
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38134
FILM NUMBER: 21699738
MAIL ADDRESS:
STREET 1: C/O MORGANS HOTEL GROUP CO.
STREET 2: 475 TENTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10018
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Blue Apron Holdings, Inc.
CENTRAL INDEX KEY: 0001701114
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
IRS NUMBER: 814777373
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 28 LIBERTY STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 347-719-4312
MAIL ADDRESS:
STREET 1: 28 LIBERTY STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
4
1
tm218288-2_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-02-25
0
0001701114
Blue Apron Holdings, Inc.
APRN
0001607393
Deutsch Meredith L
C/O BLUE APRON HOLDINGS, INC.
28 LIBERTY STREET
NEW YORK
NY
10005
0
1
0
0
General Counsel & Corp. Sec'y
Class A Common Stock
2021-02-25
4
M
0
3118
A
12704
D
Class A Common Stock
2021-02-25
4
M
0
416
A
13120
D
Class A Common Stock
2021-02-25
4
M
0
554
A
13674
D
Class A Common Stock
2021-02-25
4
M
0
833
A
14507
D
Class A Common Stock
2021-02-25
4
M
0
1666
A
16173
D
Class A Common Stock
2021-02-26
4
S
0
2993
8.6427
D
13180
D
Restricted Stock Units
2021-02-25
4
M
0
3118
0
D
Class A Common Stock
3118
34299
D
Restricted Stock Units
2021-02-25
4
M
0
416
0
D
Class A Common Stock
416
5001
D
Restricted Stock Units
2021-02-25
4
M
0
554
0
D
Class A Common Stock
554
5005
D
Restricted Stock Units
2021-02-25
4
M
0
833
0
D
Class A Common Stock
833
5001
D
Restricted Stock Units
2021-02-25
4
M
0
1666
0
D
Class A Common Stock
1666
5001
D
Performance Stock Unit
2021-03-01
4
A
0
53000
0
A
Class A Common Stock
53000
53000
D
Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis. This transaction represents the settlement of RSUs in shares of Class A Common Stock on their scheduled vesting date.
Represents the shares automatically sold by the reporting person pursuant to an election to satisfy tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale does not represent a discretionary trade by the reporting person.
Represents the weighted average sale price for shares sold in multiple transactions. Sale prices ranged from $8.6414 to $8.6980 per share. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
On November 25, 2019, the reporting person was granted 49,889 RSUs, scheduled to vest over four years, with 25% of the RSUs vesting on the one-year anniversary of November 25, 2019 and the remaining RSUs vesting in quarterly installments (on each November 25, February 25, May 25, and August 25) over the remaining three-year period following the one-year anniversary of November 25, 2019.
On February 26, 2020, the reporting person was granted 6,667 RSUs, scheduled to vest over four years in quarterly installments, with 6.25% of the RSUs vesting on each May 25, August 25, November 25 and February 25 over the four-year period following February 26, 2020.
On May 25, 2020, the reporting person was granted 6,667 RSUs, scheduled to vest over four years in quarterly installments, with 6.25% of the RSUs vesting on each August 25, November 25, February 25 and May 25 over the four-year period following May 25, 2020.
On August 25, 2020, the reporting person was granted 6,667 RSUs, scheduled to vest in 2/16 installments on each of November 25, 2020 and February 25, 2021 and thereafter in equal 1/16 quarterly installments (on each of November 25, February 25, May 25 and August 25) thereafter over the four-year period beginning on May 25, 2021.
On November 25, 2020, the reporting person was granted 6,667 RSUs, with 25% scheduled to vest on February 25, 2021 and the remainder scheduled to vest thereafter in equal quarterly installments, with 6.25% of the remainder vesting on each May 25, August 25, November 25, and February 25 thereafter over the four-year period beginning on May 25, 2021.
Each performance stock unit ("PSU") represents a right to receive one share of Class A Common Stock.
On March 1, 2021, the reporting person was granted 53,000 PSUs. Vesting of 50%, 25% and 25% of the PSUs is subject to the issuer's Class A Common Stock achieving certain minimum unweighted closing prices per share averaged over a 30 consecutive trading day period prior to February 25, 2024. PSUs that meet the stock price targets referred to in the prior sentence will vest (i) 50% on the later to occur of (A) the date a stock price target is met and (B) February 25, 2022 and (ii) 50% on February 25, 2024. Any PSUs that have not achieved the performance targets by February 25, 2024 shall expire and have no further force or effect.
/s/ Meredith L. Deutsch
2021-03-01