Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
The Honest Company, Inc.
_____________________________________________________
(Name of Issuer)
Common Stock, $0.0001 par value per share
_____________________________________________________
(Title of Class of Securities)
438333 106
_____________________________________________________
(CUSIP Number)
December 31, 2021
_____________________________________________________
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 438333 106 | ||||||||||||||||||||||||||
| 1. | Names of Reporting Persons Jessica Warren | |||||||||||||||||||||||||
| 2. | Check the Appropriate Box if a Member of a Group (see instructions) | |||||||||||||||||||||||||
(a) | ||||||||||||||||||||||||||
(b) | ||||||||||||||||||||||||||
| 3. | SEC USE ONLY | |||||||||||||||||||||||||
| 4. | Citizenship or Place of Organization United States of America | |||||||||||||||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 1,685,833 (see Item 4 herein) | ||||||||||||||||||||||||
| 6. | Shared Voting Power 4,253,036 (see Item 4 herein) | |||||||||||||||||||||||||
| 7. | Sole Dispositive Power 1,685,833 (see Item 4 herein) | |||||||||||||||||||||||||
| 8. | Shared Dispositive Power 4,253,036 (see Item 4 herein) | |||||||||||||||||||||||||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 5,938,869 (see Item 4 herein) | |||||||||||||||||||||||||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions) | |||||||||||||||||||||||||
| 11. | Percent of Class Represented by Amount in Row 9 6.4% (See Item 4 herein) | |||||||||||||||||||||||||
| 12. | Type of Reporting Person (see instructions) IN | |||||||||||||||||||||||||
Item 1(a). | Name of Issuer: The Honest Company, Inc. (the “Issuer”) | ||||
Item 1(b). | Address of Issuer’s Principal Executive Offices: 12130 Millennium Drive, Suite 500, Los Angeles, CA 90094 | ||||
Item 2(a). | Name of Person Filing: Jessica Warren | ||||
Item 2(b). | Address of Principal Business Office or, if none, Residence: The address and principal business office of the Reporting Person is: c/o The Honest Company, Inc. 12130 Millennium Drive, Suite 500 Los Angeles, CA 90094 | ||||
Item 2(c). | Citizenship: United States of America | ||||
Item 2(d). | Title of Class of Securities: Common Stock, $0.0001 par value per share | ||||
Item 2(e). | CUSIP Number: 438333 106 | ||||
Item 3. | If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: | ||||
(a) | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); | ||||
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |||||
(c) | Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c); | ||||
(d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | ||||
(e) | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | ||||
(f) | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | ||||
(g) | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | ||||
(h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||||
(i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||||
(j) | A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); | ||||
(k) | Group, in accordance with §240.13d–1(b)(1)(ii)(K). | ||||
| If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ____ | |||||
Item 4. Ownership
Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1.
(a)Amount Beneficially Owned:
As of December 31, 2021, Ms. Warren beneficially owned 5,938,869 shares of the Issuer’s Common Stock, consisting of: (i) 4,253,036 shares held by the Warren Trust Dated 12/22/10, over which Ms. Warren and her husband share voting and investment power as trustees and (ii) 1,685,833 shares issuable pursuant to stock options held by Ms. Warren that are exercisable within 60 days of December 31, 2021.
(b)Percent of Class:
Percent of Common Stock is based on the denominator of (i) 91,512,140 shares of the Issuer’s Common Stock outstanding as of December 31, 2021, and (ii) 1,685,833 shares of the Issuer’s Common Stock issuable pursuant to stock options held by Ms. Warren that are exercisable within 60 days of December 31, 2021 and deemed as outstanding Common Stock for purposes of computing this percentage in accordance with Rule 13d-3(d) of the Securities Exchange Act of 1934, as amended.
Based on the above, Ms. Warren beneficially owned 6.4% of the Issuer’s outstanding Common Stock as of December 31, 2021.
(c)Number of shares as to which the person has:
(i)Sole power to vote or to direct the vote: 1,685,833
(ii)Shared power to vote or to direct the vote: 4,253,036
(iii)Sole power to dispose or to direct the disposition of: 1,685,833
(iv)Shared power to dispose or to direct the disposition of: 4,253,036
Item 5.Ownership of 5 Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following .
Item 6.Ownership of More than 5 Percent on Behalf of Another Person
Not applicable.
Item 7.Identifi
cation and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
Not applicable.
Item 8.Identification and Classification of Members of the Group
Not applicable.
Item 9.Notice of Dissolution of a Group
Not applicable.
Item 10.Certification
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| February 11, 2022 | |||||
| Date | |||||
/s/ Jessica Warren | |||||
Jessica Warren | |||||