SEC Form 4 · accession 0001104659-18-071874
Blue Apron Holdings, Inc. · APRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew B Salzberg
Director · 10% Owner
Period of report
Dec 4, 2018
Accepted (ET)
Dec 7, 2018 · 5:30 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 | Dec 4, 2018 | M | 33,245 | — | A | 71,251 | D | |
| Class A Common StockF2,F3 | Dec 6, 2018 | S | 17,862 | $1.1099 | D | 53,389 | 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 UnitsF1,F4 | — | Dec 4, 2018 | M | 33,245 | D | — | — | Class A Common Stock | 33,245 | 0 | 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 $1.0835 to $1.11 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 December 4, 2017, the reporting person was granted 33,245 restricted stock units, vesting in full on the first anniversary of December 4, 2017.