SEC Form 4 · accession 0001104659-18-070133

Blue Apron Holdings, Inc. · APRN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Lainie Cooney

Officer — Chief Human Resources Officer

Period of report

Nov 25, 2018

Accepted (ET)

Nov 27, 2018 · 5:31 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
Class A Common Stock^F1	Nov 25, 2018	M	8,817	—	A	8,817	D
Class A Common Stock^F1	Nov 25, 2018	M	40,679	—	A	49,496	D
Class A Common Stock^F2,F3	Nov 26, 2018	S	17,517	$1.0656	D	31,979	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 Units^F1,F4	—	Nov 25, 2018	M	8,817	D	—	—	Class A Common Stock	8,817	114,625	D
Restricted Stock Units^F1,F5	—	Nov 25, 2018	M	40,679	D	—	—	Class A Common Stock	40,679	122,037	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.
F2Represents the shares automatically sold by the reporting person pursuant to an election to satisfy tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale does not represent a discretionary trade by the reporting person.
F3Represents the weighted average sale price for shares sold in multiple transactions. Sale prices ranged from $1.0653 to $1.0957 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.
F4On February 25, 2018, the reporting person was granted 141,076 restricted stock units, vesting 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.
F5On November 25, 2017, the reporting person was granted 162,716 restricted stock units, vesting over four years, with 25% of the restricted stock units vesting on the first anniversary of November 25, 2017 and the remaining restricted stock units vesting in equal quarterly installments (on each February 25, May 25, August 25 and November 25) over the remaining three-year period following the first anniversary of November 25, 2017.