TheRealReal, Inc. — Director's Dealing 2020

Dec 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TheRealReal, Inc. (REAL)
CIK: 0001573221
Period of Report: 2020-12-24

Reporting Person: Bjork Fredrik (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-24	Common Stock	M	7033	$1.74	Acquired	204811	Direct
2020-12-24	Common Stock	S	7033	$20.2448	Disposed	197778	Direct
2020-12-24	Common Stock	M	7033	$1.74	Acquired	204811	Direct
2020-12-24	Common Stock	S	7033	$20.2476	Disposed	197778	Direct
2020-12-24	Common Stock	M	2616	$2.56	Acquired	200394	Direct
2020-12-24	Common Stock	S	2616	$20.2712	Disposed	197778	Direct
2020-12-24	Common Stock	M	401	$2.56	Acquired	198179	Direct
2020-12-24	Common Stock	S	401	$20.2455	Disposed	197778	Direct
2020-12-24	Common Stock	M	14066	$2.56	Acquired	211844	Direct
2020-12-24	Common Stock	S	14066	$20.2455	Disposed	197778	Direct
2020-12-24	Common Stock	M	13450	$2.68	Acquired	211228	Direct
2020-12-24	Common Stock	S	13450	$20.059	Disposed	197778	Direct
2020-12-24	Common Stock	M	13665	$2.68	Acquired	211443	Direct
2020-12-24	Common Stock	S	13665	$20.2455	Disposed	197778	Direct
2020-12-24	Common Stock	M	4135	$2.68	Acquired	201913	Direct
2020-12-24	Common Stock	S	4135	$20.059	Disposed	197778	Direct
2020-12-24	Common Stock	M	7934	$1.74	Acquired	205712	Direct
2020-12-24	Common Stock	S	7934	$20.2712	Disposed	197778	Direct
2020-12-24	Common Stock	S	20602	$20.08	Disposed	177176	Direct
2020-12-24	Common Stock	S	16480	$20.24	Disposed	160696	Direct
2020-12-24	Common Stock	S	16480	$20.25	Disposed	144216	Direct
2020-12-24	Common Stock	S	12360	$20.27	Disposed	131856	Direct
2020-12-24	Common Stock	S	8240	$20.24	Disposed	123616	Direct
2020-12-24	Common Stock	S	8240	$20.25	Disposed	115376	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-24	Incentive Stock Option (right to buy)	$1.74	M	7033	Disposed	2025-02-19	Common Stock (7033)	Direct
2020-12-24	Incentive Stock Option (right to buy)	$1.74	M	7033	Disposed	2025-02-19	Common Stock (7033)	Direct
2020-12-24	Incentive Stock Option (right to buy)	$1.74	M	7934	Disposed	2025-02-19	Common Stock (7934)	Direct
2020-12-24	Incentive Stock Option (right to buy)	$2.56	M	2616	Disposed	2027-02-16	Common Stock (2616)	Direct
2020-12-24	Incentive Stock Option (right to buy)	$2.56	M	401	Disposed	2027-02-16	Common Stock (401)	Direct
2020-12-24	Incentive Stock Option (right to buy)	$2.56	M	14066	Disposed	2027-02-16	Common Stock (14066)	Direct
2020-12-24	Incentive Stock Option (right to buy)	$2.68	M	13450	Disposed	2027-09-21	Common Stock (13450)	Direct
2020-12-24	Incentive Stock Option (right to buy)	$2.68	M	13665	Disposed	2027-09-21	Common Stock (13665)	Direct
2020-12-24	Non-Qualified Stock Option (right to buy)	$2.68	M	4135	Disposed	2027-09-21	Common Stock (4135)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 25, 2019, as amended.

F2: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.87 to $20.66. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F3: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.91 to $20.66. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F4: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.77 to $20.75. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F5: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.77 to $20.65. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F6: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $20.00 to $20.32. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F7: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $20.00 to $20.43. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F8: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.77 to $20.72. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F9: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.77 to $20.68. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F10: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.89 to $20.66. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F11: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.87 to $20.73. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F12: Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.87 to $20.69. Reporting Person undertakes to provide TheRealReal, Inc., any security holder of TheRealReal, Inc., 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 ranges set forth in this Form 4.

F13: This stock option is fully vested at the time of exercise.

F14: This option vests in 48 substantially equal monthly installments beginning on July 1, 2017, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.

F15: This option vests in 48 substantially equal monthly installments beginning on October 21, 2017, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.