SEC Form 4 · accession 0001246360-18-001773
Stitch Fix, Inc. · SFIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Katrina Lake
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jun 18, 2018
Accepted (ET)
Jun 20, 2018 · 7:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001576942
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F5 | Jun 18, 2018 | C | 66,666 | $0.00 | A | 66,666 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF7,F5 | Jun 18, 2018 | S | 39,550 | $25.27 | D | 27,116 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF8,F5 | Jun 18, 2018 | S | 27,116 | $26.1979 | D | 0 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF1,F5 | Jun 19, 2018 | C | 66,666 | $0.00 | A | 66,666 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF9,F5 | Jun 19, 2018 | S | 57,429 | $26.0583 | D | 9,237 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF10,F5 | Jun 19, 2018 | S | 9,237 | $26.4727 | D | 0 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF1,F5 | Jun 20, 2018 | C | 66,668 | $0.00 | A | 66,668 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF11,F5 | Jun 20, 2018 | S | 62,668 | $25.6266 | D | 4,000 | I | Katrina M. Lake Revocable Trust |
| Class A Common StockF12,F5 | Jun 20, 2018 | S | 4,000 | $26.1675 | D | 0 | I | Katrina M. Lake Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3,F5,F1 | — | Jun 18, 2018 | C | 66,666 | D | — | — | Class A Common Stock | 66,666 | 11,818,789 | I |
| Class B Common StockF5,F1 | — | Jun 19, 2018 | C | 66,666 | D | — | — | Class A Common Stock | 66,666 | 11,752,123 | I |
| Class B Common StockF5,F1 | — | Jun 20, 2018 | C | 66,668 | D | — | — | Class A Common Stock | 66,668 | 11,685,455 | I |
| Class B Common StockF2,F3,F1 | — | holding | — | — | — | — | — | Class A Common Stock | 1,350,595 | 1,350,595 | I |
Explanation of responses
- F1Each 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.
- F10The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $26.42 to $26.58 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.
- F11The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $25.04 to $26.025 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.
- F12The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $26.13 to $26.25 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.
- F2The shares are held by Katrina M, Lake, Trustee of The Katrina M. Lake 2017 Grantor Retained Annuity Trust - I dated April 24, 2017
- F3Since the Reporting Person's last report, 649,045 shares of Class B Common Stock were transferred from the Katrina M. Lake 2017 Grantor Retained Annuity Trust to the Katrina M. Lake Revocable Trust in satisfaction of an annuity payment.
- F4Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
- F5The shares are held by Katrina M. Lake, Trustee of The Katrina M. Lake Revocable Trust dated May 23, 2016.
- F6Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
- F7The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.80 to $25.79 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.
- F8The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $25.80 to $26.51 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.
- F9The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $25.42 to $26.415 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.