0001573221-24-000074.txt : 20240509
0001573221-24-000074.hdr.sgml : 20240509
20240509161617
ACCESSION NUMBER: 0001573221-24-000074
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240508
FILED AS OF DATE: 20240509
DATE AS OF CHANGE: 20240509
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Madan Gopal Ajay
CENTRAL INDEX KEY: 0002016432
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38953
FILM NUMBER: 24930908
MAIL ADDRESS:
STREET 1: 55 FRANCISCO STREET SUITE 150
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94133
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TheRealReal, Inc.
CENTRAL INDEX KEY: 0001573221
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS RETAIL [5900]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 451234222
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 55 FRANCISCO STREET
STREET 2: SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94133
BUSINESS PHONE: 800-215-0566
MAIL ADDRESS:
STREET 1: 55 FRANCISCO STREET
STREET 2: SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94133
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0508
4
2024-05-08
0
0001573221
TheRealReal, Inc.
REAL
0002016432
Madan Gopal Ajay
C/O THEREALREAL
55 FRANCISCO STREET SUITE 150
SAN FRANCISCO
CA
94133
0
1
0
0
Chief Financial Officer
0
Common Stock
2024-05-08
4
A
0
550000
0.0
A
550000
D
Common Stock
2024-05-08
4
A
0
700000
0.0
A
1250000
D
Represents shares of The RealReal, Inc. (the "Company") common stock underlying performance-based restricted stock units ("PSUs") granted to the Reporting Person as a material inducement to employment, in accordance with Nasdaq Listing Rule 5635(c)(4).
The PSUs will time-vest annually in four tranches beginning on March 18, 2025, with each tranche's vesting and settlement subject to (i) the achievement of a performance-based vesting condition based on the 60-day volume-weighted average price of one share of the Company's common stock of $5.00, $7.50, $10.00 and $15.00, respectively, measured over a four-year performance period, and (ii) the Reporting Person's continuous service as of each vesting date.
Represents shares of The RealReal, Inc. (the "Company") common stock underlying restricted stock units ("RSUs") granted to the Reporting Person as a material inducement to employment, in accordance with Nasdaq Listing Rule 5635(c)(4).
The RSUs will vest as to 25% of the original number of shares subject to the restricted stock unit award on February 20, 2025, and in twelve (12) equal installments on a quarterly basis thereafter, subject to the Reporting Person's continuous service as of each vesting date and subject to acceleration upon certain events.
By: Todd Suko For: Ajay Madan Gopal
2024-05-09