0000899243-21-036683.txt : 20210920
0000899243-21-036683.hdr.sgml : 20210920
20210920214846
ACCESSION NUMBER: 0000899243-21-036683
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210701
FILED AS OF DATE: 20210920
DATE AS OF CHANGE: 20210920
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Spear Catherine Eva
CENTRAL INDEX KEY: 0001820448
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40448
FILM NUMBER: 211264649
MAIL ADDRESS:
STREET 1: 16 FUNSTON AVENUE, SUITE A
STREET 2: THE PRESIDIO OF SAN FRANCISCO
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94129
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIGS, Inc.
CENTRAL INDEX KEY: 0001846576
STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-07-01
0
0001846576
FIGS, Inc.
FIGS
0001820448
Spear Catherine Eva
C/O FIGS, INC.
2834 COLORADO AVENUE, SUITE 100
SANTA MONICA
CA
90404
1
1
1
0
Co-Chief Executive Officer
Class A Common Stock
2021-09-20
4
C
0
1468324
A
1468324
I
Held by the Catherine Spear Revocable Trust
Class A Common Stock
2021-09-20
4
S
0
1468324
40.25
D
0
I
Held by the Catherine Spear Revocable Trust
Class A Common Stock
1804397
D
Class B Common Stock
2021-07-01
5
G
0
E
319734
D
Class A Common Stock
319734
983016
I
Held by the Wingaersheek Irrevocable Trust I u/a/d 10/15/2020
Class B Common Stock
2021-07-01
5
G
0
E
319734
A
Class A Common Stock
319734
2619810
I
Held by the Catherine Spear Revocable Trust
Class B Common Stock
2021-07-01
5
G
0
E
319734
D
Class A Common Stock
319734
983016
I
Held by the Wingaersheek Irrevocable Trust II u/a/d 10/15/2020
Class B Common Stock
2021-07-01
5
G
0
E
319734
A
Class A Common Stock
319734
2939544
I
Held by the Catherine Spear Revocable Trust
Class B Common Stock
2021-09-20
4
C
0
1468324
0.00
D
Class A Common Stock
1468324
1471220
I
Held by the Catherine Spear Revocable Trust
On September 20, 2021, the Reporting Person directed the sale of 1,468,324 shares of her Class B Common Stock, resulting in the automatic conversion of such shares of Class B Common Stock at a 1:1 ratio into shares of the Issuer's Class A Common Stock upon execution of the sale and pursuant to the terms of the Issuer's Amended and Restated Certificate of Incorporation.
These securities are restricted stock units ("RSUs") each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of the RSUs, the shares of the Issuer's Class A Common Stock held by the Reporting Person may be exchanged at a 1:1 ratio for shares of the Issuer's Class B Common Stock at the election of the Reporting Person pursuant to an equity award exchange right agreement between the Issuer and the Reporting Person, as previously approved by the Issuer's board of directors.
Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock. In addition, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock upon transfer or certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. All shares of Class B Common Stock, if not previously converted, will automatically convert into Class A Common Stock on June 1, 2031.
On July 1, 2021, the Reporting Person transferred 319,734 shares of Class B Common Stock of the Issuer from the Wingaersheek Irrevocable Trust I u/a/d 10/15/2020 to the Catherine Spear Revocable Trust, of each of which the Reporting Person is trustee. The Reporting Person has voting and investment control over these shares.
On July 1, 2021, the Reporting Person transferred 319,734 shares of Class B Common Stock of the Issuer from the Wingaersheek Irrevocable Trust II u/a/d 10/15/2020 to the Catherine Spear Revocable Trust, of each of which the Reporting Person is trustee. The Reporting Person has voting and investment control over these shares.
/s/ Danielle Warner, Attorney-in-Fact for Catherine Eva Spear
2021-09-20