Jeremy Liew - May 7, 2021 Form 4 Insider Report for Honest Company, Inc. (HNST)

Role
Director
Signature
/s/ Brendan Sheehey, Attorney-in-Fact
Stock symbol
HNST
Transactions as of
May 7, 2021
Transactions value $
-$1,322,368
Form type
4
Date filed
5/11/2021, 08:50 PM
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNST Common Stock Conversion of derivative security +547K 547K May 7, 2021 By Lightspeed Venture Partners Select, L.P. F1, F2
transaction HNST Common Stock Conversion of derivative security +64.9K +11.86% 612K May 7, 2021 By Lightspeed Venture Partners Select, L.P. F2, F3
transaction HNST Common Stock Sale -$1.32M -82.6K -13.51% $16.00* 529K May 7, 2021 By Lightspeed Venture Partners Select, L.P. F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HNST Series C Preferred Stock Conversion of derivative security $0 -517K -100% $0.00* 0 May 7, 2021 Common Stock 547K By Lightspeed Venture Partners Select, L.P. F1, F2
transaction HNST Series E Preferred Stock Conversion of derivative security $0 -64.9K -100% $0.00* 0 May 7, 2021 Common Stock 64.9K By Lightspeed Venture Partners Select, L.P. F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Series C Preferred Stock converted into shares of Common Stock on a 1-for-1.056925 basis immediately prior to the closing of the Issuer's initial public offering, and had no expiration date.
F2 Shares held by Lightspeed Venture Partners Select, L.P. ("Lightspeed Select"). Lightspeed General Partner Select, L.P. ("LGP Select") is the general partner of Lightspeed Select. Lightspeed Ultimate General Partner Select, Ltd. ("LUGP Select") is the general partner of LGP Select. Barry Eggers, Jeremy Liew, Ravi Mhatre and Peter Nieh are the directors of LUGP Select and share voting and dispositive power with respect to the shares held by Lightspeed Select. LGP Select, LUGP Select and Messrs. Eggers, Liew, Mhatre and Nieh disclaim beneficial ownership of the shares held by Lightspeed Select, except to the extent of their respective pecuniary interests therein.
F3 The shares of Series E Preferred Stock converted into shares of Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering, and had no expiration date.