Beverly K. Carmichael - Mar 23, 2023 Form 4 Insider Report for Blue Apron Holdings, Inc. (APRN)

Role: Director
Signature: /s/ Meredith Deutsch, as attorney-in-fact for Beverly Carmichael
Stock symbol: APRN
Transactions as of: Mar 23, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/24/2023, 04:07 PM
Previous filing: Mar 3, 2023
Next filing: Jun 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APRN	Class A Common Stock	Options Exercise		+2.67K			2.67K	Mar 23, 2023	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	APRN	Restricted Stock Units	Options Exercise	$0	-2.67K	-100%	$0.00^*	0	Mar 23, 2023	Class A Common Stock	2.67K		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis. This transaction represents the settlement of RSUs in shares of Class A Common Stock on their scheduled vesting date.
F2	On March 25, 2022, the Reporting Person was granted 2,674 RSUs, vesting in full on the one-year anniversary of March 23, 2022. Due to an administrative error, the Reporting Person filed a Form 4 reporting a grant of 9,116 RSUs instead of 2,674 RSUs.
F3	The Reporting Person has elected to defer settlement of the shares of Class A common stock underlying these RSUs until the earlier of (i) 30 days following the Reporting Person's "separation from service" with the issuer and (ii) a "change in control event," each as defined under Section 409A of the Internal Revenue Code of 1986, as amended.