SEC Form 4 · accession 0001209191-17-062236
Stitch Fix, Inc. · SFIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Christopher J Schaepe
10% Owner
Barry Eggers
10% Owner
Ravi Mhatre
10% Owner
Peter Nieh
10% Owner
LIGHTSPEED VENTURE PARTNERS VIII LP
10% Owner
Period of report
Nov 22, 2017
Accepted (ET)
Nov 22, 2017 · 8:01 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001576942
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF2,F3,F1 | — | Nov 22, 2017 | C | 8,335,480 | D | — | — | Class B Common Stock | 8,335,480 | 0 | I |
| Series A-1 Preferred StockF2,F3,F4 | — | Nov 22, 2017 | C | 1,554,230 | D | — | — | Class B Common Stock | 1,554,230 | 0 | I |
| Series C Preferred StockF2,F3,F5 | — | Nov 22, 2017 | C | 448,460 | D | — | — | Class B Common Stock | 448,460 | 0 | I |
| Class B Common StockF2,F3,F6 | — | Nov 22, 2017 | C | 10,338,170 | A | — | — | Class A Common Stock | 10,338,170 | 10,338,170 | I |
Explanation of responses
- F1The Series A Preferred Stock automatically converted into shares of Class B Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The Series A Preferred Stock had no expiration date.
- F2Shares held by Lightspeed Venture Partners VIII, L.P. ("LVP VIII").
- F3Lightspeed Ultimate General Partner VIII, Ltd. ("LUGP VIII") is the sole general partner of Lightspeed General Partner VIII, L.P., which serves as the sole general partner of LVP VIII. Barry Eggers, Ravi Mhatre, Peter Y. Nieh and Christopher J. Schaepe, the directors of LUGP VIII, share voting and dispositive power with respect to the shares held of record by LVP VIII. Each reporting person disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.
- F4The Series A-1 Preferred Stock automatically converted into shares of Class B Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The Series A-1 Preferred Stock had no expiration date.
- F5The Series C Preferred Stock automatically converted into shares of Class B Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The Series C Preferred Stock had no expiration date.
- F6Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. Any holder's shares of Class B Common Stock will convert automatically into Class A Common Stock, on a one-to-one basis, upon any of the following: (i) sale or transfer of such share of Class B Common Stock; (ii) the death of a stockholder that is a natural person; or (iii) on the final conversion date, defined as the earlier of (a) the first trading day on or after the date on which the outstanding shares of Class B Common Stock represent less than 10% of the then outstanding Class A and Class B Common Stock; (b) the tenth anniversary of the Issuer's initial public offering; or (c) 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. Once transferred and converted into Class A Common Stock, the Class B Common Stock may not be reissued.