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Stitch Fix, Inc. Director's Dealing 2021

Nov 15, 2021

32646_dirs_2021-11-15_4181e8a4-7c1e-4a8d-b421-ecc2214afe69.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Stitch Fix, Inc. (SFIX)
CIK: 0001576942
Period of Report: 2021-11-10

Reporting Person: Smith Mike C. (President and COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-10 Class A Common Stock C 20000 $0.00 Acquired 67356 Direct
2021-11-10 Class A Common Stock S 19468 $33.33 Disposed 47888 Direct
2021-11-10 Class A Common Stock S 532 $34.38 Disposed 47356 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-11-10 Employee Stock Option (Right to Buy) $1.30 M 5000 Disposed 2025-03-17 Class B Common Stock (5000) Direct
2021-11-10 Class B Common Stock $1.30 M 5000 Acquired Class A Common Stock (5000) Direct
2021-11-10 Class B Common Stock $ C 20000 Disposed Class A Common Stock (20000) Direct

Footnotes

F1: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

F2: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration
date.

F3: Shares disposed of pursuant to a previously established Rule 10b5-1 plan.

F4: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $33.02 to $34.00 per share. 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.

F5: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.02 to $34.60 per share. 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.

F6: Fully vested.

F7: 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 and has no expiration date. Class B Common Stock will convert automatically into Class A Common Stock on the earlier of (i) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock; (ii) ten years following the effective date of the Issuer's initial public offering; or (iii) the date specified by vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

F8: In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock (i) upon any transfer, whether or not for value (subject to certain exceptions), or (ii) in the event of the death or disability (as defined in the amended and restated certificate of incorporation of the Issuer) of the reporting person, shares of Class B Common Stock held by the reporting person or the reporting person's permitted estate planning entities will convert into Class A Common Stock.