Cara Schembri - Feb 2, 2023 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
GC & Secretary
Signature
/s/ Cara Schembri
Stock symbol
RENT
Transactions as of
Feb 2, 2023
Transactions value $
-$4,551
Form type
4
Date filed
2/6/2023, 03:07 PM
Previous filing
Nov 4, 2022
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RENT Class A Common Stock Sale -$4.55K -1.01K -0.5% $4.51* 202K Feb 2, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing 10b5-1 instruction.
F2 Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer.
F3 The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $5.21 to $5.48, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.