0001209191-22-016501.txt : 20220304 0001209191-22-016501.hdr.sgml : 20220304 20220304200127 ACCESSION NUMBER: 0001209191-22-016501 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220113 FILED AS OF DATE: 20220304 DATE AS OF CHANGE: 20220304 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: 22715917 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 2022-01-13 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 2022-01-13 5 G 0 E 8338 0.00 D 1452041 D Class A Common Stock 2022-01-13 5 G 0 E 8338 0.00 A 8338 I Held by the Heather Hasson Revocable Trust Class A Common Stock 2022-03-02 4 J 0 169076 0.00 D 1282965 D Class B Common Stock 2022-01-13 5 G 0 E 799181 0.00 D Class A Common Stock 799181 0 D Class B Common Stock 2022-01-13 5 G 0 E 799181 0.00 A Class A Common Stock 799181 799181 I Held by the Heather Hasson Revocable Trust Class B Common Stock 2022-03-02 4 J 0 169076 0.00 A Class A Common Stock 169076 169076 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 THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS TRANSFERS MADE BY THE REPORTING PERSON TO HER TRUST AND THE EXCHANGE BY THE REPORTING PERSON OF CERTAIN SHARES OF THE ISSUER'S CLASS A COMMON STOCK FOR SHARES OF THE ISSUER'S CLASS B COMMON STOCK. SEE ADDITIONAL FOOTNOTES BELOW FOR MORE INFORMATION. On January 13, 2022, the Reporting Person transferred 8,338 shares of Class A Common Stock of the Issuer to the Heather Hasson Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. 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 (the "Equity Award Exchange Right Agreement"). All but 7,102 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. On January 13, 2022, the Reporting Person transferred 799,181 shares of Class B Common Stock of the Issuer to the Heather Hasson Revocable Trust, of which the Reporting Person is trustee. The Reporting Person is the sole beneficiary of the trust. The number of shares listed in column 5 of Table I and column 9 of Table II do not include stock options held by the Reporting Person. /s/ Danielle Warner, Attorney-in-Fact for Heather L. Hasson 2022-03-04