Catherine Spear - Mar 4, 2024 Form 4 Insider Report for FIGS, Inc. (FIGS)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Danielle Warner as Attorney-in-Fact for Catherine Spear
Stock symbol
FIGS
Transactions as of
Mar 4, 2024
Transactions value $
$0
Form type
4
Date filed
3/6/2024, 04:40 PM
Previous filing
Dec 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIGS Class A Common Stock Award $0 +652K +121.79% $0.00 1.19M Mar 4, 2024 Direct F1, F2
holding FIGS Class A Common Stock 797K Mar 4, 2024 Held by the Catherine Spear Revocable Trust
holding FIGS Class A Common Stock 141 Mar 4, 2024 Held by Hollywood Capital Partners LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Restricted Stock Units ("RSUs") vest as to 1/16th of the shares of Class A Common Stock underlying the RSUs on July 1, 2024 and as to 1/16th of the shares of Class A Common Stock underlying the RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date.
F2 All but 146,676 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. In addition to the securities reported in this column, the Reporting Person beneficially owns 5,469,161 shares of the Issuer's Class B Common Stock directly and indirectly through various trusts, which are convertible at any time at the option of the Reporting Person into one share of Class A Common Stock, and 16,245,767 shares of the Issuer's Class A Common Stock underlying vested options.
F3 The Reporting Person is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.