0001628280-22-024522.txt : 20220907
0001628280-22-024522.hdr.sgml : 20220907
20220907172212
ACCESSION NUMBER: 0001628280-22-024522
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220902
FILED AS OF DATE: 20220907
DATE AS OF CHANGE: 20220907
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: 221231940
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
wf-form4_166258570871935.xml
FORM 4
X0306
4
2022-09-02
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
Executive Chair
Class A Common Stock
2022-09-02
4
J
0
169076
0
D
1904990
D
Class A Common Stock
8338
I
Held by the Heather Hasson Revocable Trust
Class A Common Stock
141
I
Held by Hollywood Capital Partners LLC
Class B Common Stock
2022-09-02
4
J
0
169076
0
A
Class A Common Stock
169076.0
507228
D
Class B Common Stock
Class A Common Stock
942453.0
942453
I
Held by The Maple Tree Irrevocable Trust u/a/d 10/16/2020
Class B Common Stock
Class A Common Stock
799181.0
799181
I
Held by the Heather Hasson Revocable Trust
THIS FORM 4 DOES NOT CONCERN THE SALE OF ANY SHARES. IT ONLY CONCERNS 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.
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 21,306 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.
The Reporting Person is a managing member of Hollywood Capital Partners LLC and disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
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.
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
2022-09-07