0001209191-21-065340.txt : 20211117 0001209191-21-065340.hdr.sgml : 20211117 20211117205930 ACCESSION NUMBER: 0001209191-21-065340 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211115 FILED AS OF DATE: 20211117 DATE AS OF CHANGE: 20211117 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hasson Heather L. CENTRAL INDEX KEY: 0001843821 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40448 FILM NUMBER: 211422373 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] 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 2021-11-15 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 Co-Chief Executive Officer Class A Common Stock 2021-11-15 4 S 0 75164 34.289 D 1729233 D Class A Common Stock 2021-11-16 4 J 0 96874 0.00 D 1632359 D Class B Common Stock 2021-11-16 4 J 0 96874 0.00 A Class A Common Stock 96874 701397 D Class B Common Stock Class A Common Stock 942453 942453 I Held by The Maple Tree Irrevocable Trust u/a/d 10/16/2020 Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the vesting and settlement of Restricted Stock Units ("RSUs"). The Reporting Person did not sell any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.895 to $34.292 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Upon vesting and settlement of RSUs for shares of the Issuer's Class A Common Stock, such shares were 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 (the "Equity Award Exchange Right Agreement"). All but 4,140 of these securities are RSUs, each representing a contingent right to receive one share of the Issuer's Class A Common Stock. Upon vesting and settlement of certain of the RSUs, certain 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 the Equity Award Exchange Right Agreement. 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. /s/ Danielle Warner, Attorney-in-Fact for Heather L. Hasson 2021-11-17