Gilboa David Abraham's Form 4/A amendment
AmendedWarby Parker Inc. (WRBY) · filed Oct 8, 2021
- Accession no.
- 0001628280-21-019922
- Filed
- Oct 8, 2021
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Oct 1, 2021
This filing lists no transactions. It carries over 20 transactions from the original filing that it did not restate. Open-market sales total $2.54M.
This amendment restates part of 0001628280-21-019498 (filed Oct 1, 2021). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Gilboa David AbrahamCIK 0001883353 | Director, Officer (Co-Chief Executive Officer), 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001628280-21-019498 (filed Oct 1, 2021).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 29, 2021 | Class A Common Stock | CConversionAcquired | +20,998 | $0.00 | $0 | 20,998 | Direct | |
| Sep 29, 2021 | Class A Common Stock | SSaleDisposed | −20,998 | $54.03 | −$1,134,521.94 | 0 | Direct | |
| Sep 29, 2021 | Class A Common Stock | CConversionAcquired | +17,606 | $0.00 | $0 | 17,606 | Direct | |
| Sep 29, 2021 | Class A Common Stock | SSaleDisposed | −17,606 | $54.04 | −$951,428.24 | 0 | Direct | |
| Sep 29, 2021 | Class A Common Stock | CConversionAcquired | +6,712 | $0.00 | $0 | 6,712 | Direct | |
| Sep 29, 2021 | Class A Common Stock | SSaleDisposed | −6,712 | $54.04 | −$362,716.48 | 0 | Direct | |
| Sep 29, 2021 | Class A Common Stock | CConversionAcquired | +1,610 | $0.00 | $0 | 1,610 | Direct | |
| Sep 29, 2021 | Class A Common Stock | SSaleDisposed | −1,610 | $54.04 | −$87,004.4 | 0 | Direct |
Derivative securities (Table II)
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 29, 2021 | Class A Common Stock | MOption exerciseAcquired | +38,480 | $0.00 | $0 | 38,480 | Direct | |
| Sep 29, 2021 | Class A Common Stock | CConversionDisposed | −20,998 | $0.00 | $0 | 17,482 | Direct | |
| Sep 29, 2021 | Class A Common Stock | MOption exerciseAcquired | +30,299 | $0.00 | $0 | 30,299 | Direct | |
| Sep 29, 2021 | Class A Common Stock | CConversionDisposed | −17,606 | $0.00 | $0 | 12,693 | Direct | |
| Sep 29, 2021 | Class A Common Stock | MOption exerciseAcquired | +11,550 | $0.00 | $0 | 11,550 | Direct | |
| Sep 29, 2021 | Class A Common Stock | CConversionDisposed | −6,712 | $0.00 | $0 | 4,838 | Direct | |
| Sep 29, 2021 | Class A Common Stock | MOption exerciseAcquired | +1,610 | $0.00 | $0 | 1,610 | Direct | |
| Sep 29, 2021 | Class A Common Stock | CConversionDisposed | −1,610 | $0.00 | $0 | 0 | Direct | |
| Sep 29, 2021 | Class A Common Stock | MOption exerciseDisposed | 0 | $0.00 | $0 | 14,241 | Direct | |
| Sep 29, 2021 | Class A Common Stock | MOption exerciseDisposed | 0 | $0.00 | $0 | 42,419 | Direct | |
| Sep 29, 2021 | Class A Common Stock | MOption exerciseDisposed | 0 | $0.00 | $0 | 57,753 | Direct | |
| Sep 29, 2021 | Class A Common Stock | MOption exerciseDisposed | 0 | $0.00 | $0 | 940,752 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert intoshares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (i) transfer of Class B common stock to a person or entity that is not in the transferor's permitted ownership group, (ii) October 1, 2031, (iii) with respect to any Class B common stock held by any person or entity in Neil Blumenthal's permitted ownership group, (A) such time as Neil Blumenthal is removed or resigns from theboard of directors, or otherwise ceases to serve as a director, (B) such time as Neil Blumenthal ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Neil Blumenthal,
- F2
and (iv) with respect to any Class B common stock held by any person or entity in Dave Gilboa's permitted ownership group, (A) such time as Dave Gilboa is removed or resigns from the board of directors, orotherwise ceases to serve as a director, (B) such time as Dave Gilboa ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Dave Gilboa.
- F3
On October 1, 2021, the reporting person filed a Form 4 (the "Original Form 4") which misstated the number of shares of Class B Common Stock directly owned following the transactions reported therein. Immediately following the transactions reported therein, the Reporting Person directly owned 6,261,792 shares of Class B Common Stock.
- F4
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock.
- F5
The restricted stock units will vest in 48 monthly installments beginning on January 1, 2019 and will expire on May 1, 2026.
- F6
The Original Form 4 misstated the number of restricted stock units subject to this award following the transactions reported therein, and this amendment is being filed to correct that amount.