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