SEC Form 4 · accession 0001104659-18-035137
Blue Apron Holdings, Inc. · APRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin C Singer
Officer — General Counsel and Secretary
Period of report
May 21, 2018
Accepted (ET)
May 22, 2018 · 5:30 pm EDT
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 | May 21, 2018 | C | 30,000 | $0.00 | A | 30,000 | D | |
| Class A Common Stock | May 21, 2018 | S | 30,000 | $3.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $1.25 | May 21, 2018 | M | 30,000 | D | — | Nov 9, 2024 | Class B Common Stock | 30,000 | 410,000 | D |
| Class B Common StockF4 | — | May 21, 2018 | M | 30,000 | A | — | — | Class A Common Stock | 30,000 | 30,000 | D |
| Class B Common StockF4,F5 | — | May 21, 2018 | C | 30,000 | D | — | — | Class A Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Represents the number of shares that were acquired upon conversion of the shares of Class B Common Stock into Class A Common Stock listed in Table II.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2017.
- F3The option, representing a right to purchase a total of 450,000 shares of Class B Common Stock, is scheduled to vest over four years, with 25% of the shares vesting on the first anniversary of November 10, 2014 and the remainder vesting over the ensuing three years in equal monthly installments.
- F4The Class B Common Stock is convertible into the issuer's Class A Common Stock on a 1-for-1 basis upon certain transfers of such shares and at the holder's election and has no expiration date.
- F5The holder elected to convert the shares of Class B Common Stock into Class A Common Stock on a 1-for-1 basis.