SEC Form 4 · accession 0001104659-18-056040
Blue Apron Holdings, Inc. · APRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ilia M Papas
Officer — Chief Technology Officer
Period of report
Sep 7, 2018
Accepted (ET)
Sep 10, 2018 · 5:00 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 | Sep 7, 2018 | C | 133,333 | $0.00 | A | 194,976 | D | |
| Class A Common StockF3 | Sep 7, 2018 | S | 133,333 | $1.78 | D | 61,643 | D |
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 StockF4,F5 | — | Sep 7, 2018 | C | 133,333 | D | — | — | Class A Common Stock | 133,333 | 5,881,377 | 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.
- F3Represents the weighted average sale price for shares sold in multiple transactions. Sale prices ranged from $1.70 to $1.84 per share. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- 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.