SEC Form 4 · accession 0001104659-18-012863
Blue Apron Holdings, Inc. · APRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Smith
Officer — SVP&Gen. Mgr,Consumer Products
Period of report
Feb 25, 2018
Accepted (ET)
Feb 27, 2018 · 5:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001701114
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 25, 2018 | M | 5,806 | — | A | 34,192 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Feb 25, 2018 | A | 211,614 | A | — | — | Class A Common Stock | 211,614 | 211,614 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 25, 2018 | M | 5,806 | D | — | — | Class A Common Stock | 5,806 | 81,288 | D |
Explanation of responses
- F1Restricted stock units convert into Class A Common Stock on a one-for-one basis. This transaction represents the settlement of RSUs in shares of Class A Common Stock on their scheduled vesting date.
- F2Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F3The restricted stock units are scheduled to vest over four years in quarterly installments, with 6.25% of the restricted stock units vesting on each May 25, August 25, November 25 and February 25 over the four-year period following February 25, 2018.
- F4On August 25, 2017, the reporting person was granted 92,900 restricted stock units, vesting over four years in quarterly installments, with 6.25% of the restricted stock units vesting on each November 25, February 25, May 25 and August 25 over the four-year period following August 25, 2017.