TheRealReal, Inc. — Director's Dealing 2020

Mar 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TheRealReal, Inc. (REAL)
CIK: 0001573221
Period of Report: 2020-03-16

Reporting Person: Bjork Fredrik (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-16	Common Stock	M	25000	$1.74	Acquired	271537	Direct
2020-03-16	Common Stock	M	5000	$1.74	Acquired	276537	Direct
2020-03-16	Common Stock	S	30000	$6.9016	Disposed	246537	Direct
2020-03-16	Common Stock	S	1557	$7.05	Disposed	244980	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-16	Stock Option (right to buy)	$1.74	M	25000	Disposed	2024-12-18	Common Stock (25000)	Direct
2020-03-16	Stock Option (right to buy)	$1.74	M	5000	Disposed	2025-02-19	Common Stock (5000)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2019, as amended on March 9, 2020.

F2: This option vested in 48 substantially equal monthly installments beginning on January 18, 2015, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.

F3: This option vested in 48 substantially equal monthly installments beginning on March 19, 2015, subject to the reporting person's continuous service as of each vesting date and subject to acceleration upon certain events.

F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transaction at prices ranging from $6.42 to $7.40 inclusive. The reporting person undertakes to provide to The RealReal Inc., any security holder of The RealReal 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 range set forth in footnote (4).