Jennifer Hyman - Feb 1, 2024 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Role
Chair, CEO & President, Director
Signature
/s/ Cara Schembri as Attorney in- fact for Jennifer Y. Hyman
Stock symbol
RENT
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/5/2024, 07:55 PM
Previous filing
Dec 19, 2023
Next filing
Feb 7, 2024

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 RENT Restricted Stock Units Options Exercise $0 -12.9K -100% $0.00* 0 Feb 1, 2024 Class B Common Stock 12.9K Direct F1
transaction RENT Class B Common Stock Options Exercise $0 +12.9K +1.13% $0.00 1.16M Feb 1, 2024 Class A Common Stock 12.9K Direct F2, F3
transaction RENT Restricted Stock Units Options Exercise $0 -3.18K -12.5% $0.00 22.3K Feb 1, 2024 Class B Common Stock 3.18K Direct F4
transaction RENT Class B Common Stock Options Exercise $0 +3.18K +0.28% $0.00 1.16M Feb 1, 2024 Class A Common Stock 3.18K Direct F2
holding RENT Class B Common Stock 123K Feb 1, 2024 Class A Common Stock 123K Held by spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of the Issuer's Class B common stock.
F2 Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Each share of Class B common stock will automatically convert into one share of Class A common stock upon certain sales or transfers. The Class B common stock does not expire, but will convert automatically to Class A common stock as provided in the Issuer's Twelfth Amended and Restated Certificate of Incorporation.
F3 The Reporting Person's Form 4s subsequent to November 1, 2023 overstated the number of shares of Class B common stock held by the Reporting Person by 6,205 shares, which has been corrected herein.
F4 Each RSU represents the contingent right to receive one share of the Issuer's Class B Common Stock. The RSUs vest in seven remaining substantially equal quarterly installments.