Company: WRBY
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001504776-25-000027
Chunk: 66

Company: Warby Parker Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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.0001 per share, of which 750,000 shares are designated Class A common stock, 150,000 shares are designated Class B common stock, and 150,000 shares are designated Class C common stock. Class A common stock receives one vote per share, Class B common stock receives ten votes per share, and Class C common stock has no voting rights except as required by Delaware law. Common stock is not redeemable at the option of the holder.As of June 30, 2025, outstanding shares of common stock as well as shares of common stock attributable to equity awards are as follows:Class AClass BClass CCommon stock outstanding104,885 16,946 — Stock options outstanding233 1,422 — Restricted stock units (“RSUs”) outstanding2,726 1,132 — Performance stock units (“PSUs”) outstanding— 4,633 — Employee stock plans – available35,742 — — Shares of Class A common stock issuable upon conversion of all outstanding Class B common stock, stock options, RSUs, and PSUs24,133 — — Total common stock – outstanding or issuable167,719 24,133 — Shares authorized750,000 150,000 150,000 Common stock authorized and available for future issuance582,281 125,867 150,000 Preferred StockAs of June 30, 2025, 50,000 preferred shares were authorized and no shares were outstanding.

7. Stock-Based Compensation

Plans and AwardsThe Company’s eligible employees participate in various stock-based compensation plans, which are provided by the Company directly.In August 2021, the board of directors approved the 2021 Incentive Award Plan (the “2021 Plan”), which became effective on September 28, 2021. The Company no longer grants equity awards under its 2010 Equity Incentive Plan, 

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Table of ContentsWarby Parker Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements (Unaudited)(Amounts in thousands, except per share data)

2011 Stock Plan, 2012 Milestone Stock Plan, or 2019 Founder Stock Plan (collectively, the “Prior Plans”, and together with the 2021 Plan, the “Plans”), and shares available for issuance under the Prior Plans were made available for issuance under the 2021 Plan. The shares authorized under