Jesse Timmermans - Feb 28, 2022 Form 4 Insider Report for Revolve Group, Inc. (RVLV)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Jodi Lumsdaine Chapin, Attorney-in-fact
Stock symbol: RVLV
Transactions as of: Feb 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/2/2022, 03:27 PM
Previous filing: Nov 9, 2021
Next filing: Mar 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RVLV	Class A Common Stock	Award	$0	+4.27K		$0.00	4.27K	Feb 28, 2022	Direct	F1

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	RVLV	Stock Option (right to buy)	Award	$0	+87.6K		$0.00	87.6K	Mar 1, 2022	Class A common stock	87.6K	$45.65	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an equal number of restricted stock units ("RSUs"). Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests. These RSUs were granted subject to performance- and service-based vesting requirements. On February 28, 2022, the Compensation Committee of the Issuer's Board of Directors certified that the performance-based conditions had been satisfied. As a result, vested shares will be delivered to the reporting person on March 8, 2022, subject only to the reporting person's continued service through such date.
F2	The stock option vests over five years, with 1/5th of the total shares vesting and becoming exercisable annually beginning on March 1, 2023 such that the option is fully vested and exercisable on March 1, 2027, in each case subject to the Reporting Person's continued service to the Issuer or any parent or subsidiary of the Issuer through each such date.

Content

Represents an equal number of restricted stock units ("RSUs"). Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests. These RSUs were granted subject to performance- and service-based vesting requirements. On February 28, 2022, the Compensation Committee of the Issuer's Board of Directors certified that the performance-based conditions had been satisfied. As a result, vested shares will be delivered to the reporting person on March 8, 2022, subject only to the reporting person's continued service through such date.

The stock option vests over five years, with 1/5th of the total shares vesting and becoming exercisable annually beginning on March 1, 2023 such that the option is fully vested and exercisable on March 1, 2027, in each case subject to the Reporting Person's continued service to the Issuer or any parent or subsidiary of the Issuer through each such date.