0001628280-24-009736.txt : 20240307
0001628280-24-009736.hdr.sgml : 20240307
20240307175047
ACCESSION NUMBER: 0001628280-24-009736
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240305
FILED AS OF DATE: 20240307
DATE AS OF CHANGE: 20240307
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hasson Heather L.
CENTRAL INDEX KEY: 0001843821
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40448
FILM NUMBER: 24731580
MAIL ADDRESS:
STREET 1: C/O G SQUARED ASCEND MANAGEMENT I, LLC
STREET 2: 205 N MICHIGAN AVENUE SUITE 3770
CITY: CHICAGO
STATE: IL
ZIP: 60601
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIGS, Inc.
CENTRAL INDEX KEY: 0001846576
STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2834 COLORADO AVENUE
STREET 2: SUITE 100
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
BUSINESS PHONE: 420-500-8209
MAIL ADDRESS:
STREET 1: 2834 COLORADO AVENUE
STREET 2: SUITE 100
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
4
1
wk-form4_1709851833.xml
FORM 4
X0508
4
2024-03-05
0
0001846576
FIGS, Inc.
FIGS
0001843821
Hasson Heather L.
C/O FIGS, INC., 2834 COLORADO AVENUE
SUITE 100
SANTA MONICA
CA
90404
1
1
1
0
Executive Chair
1
Class A Common Stock
2024-03-05
4
S
0
1824
5.5375
D
497484
D
Class A Common Stock
8338
I
Held by the Heather Hasson Revocable Trust
Class A Common Stock
141
I
Held by Hollywood Capital Partners LLC
THIS FORM 4 CONCERNS THE VESTING AND SETTLEMENT OF RESTRICTED STOCK UNITS ("RSUs"), WHICH SERVE TO INCREASE THE NUMBER OF SHARES OF THE OUTSTANDING CAPITAL STOCK OF THE ISSUER OWNED BY THE REPORTING PERSON, AND THE RELATED SALE OF CERTAIN SHARES REQUIRED PURSUANT TO A 10B5-1 INSTRUCTION LETTER TO SATISFY THE TAX OBLIGATIONS OWED IN CONNECTION WITH THE VESTING AND SETTLEMENT OF SUCH RSUs. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION.
REPRESENTS THE AGGREGATE NUMBER OF SHARES SOLD BY THE REPORTING PERSON SOLELY TO COVER REQUIRED TAXES AND FEES DUE UPON THE VESTING AND SETTLEMENT OF RSUs. THE SALES WERE MADE PURSUANT TO A 10B5-1 INSTRUCTION LETTER DELIVERED TO THE ISSUER ON MAY 9, 2023, AND NONE OF THE SHARES REPORTED ON THIS FORM 4 WERE SOLD FOR ANY REASON OTHER THAN TO COVER REQUIRED TAXES AND FEES.
All but 77,898 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 2,814,480 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 13,825,576 shares of the Issuer's Class A Common Stock underlying vested options.
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.
/s/ Danielle Warner as Attorney-in-Fact for Heather Hasson
2024-03-07