Figs, INC Schedule 13D activist filings

Catherine Spear's Schedule 13D filing reveals beneficial ownership of 27,668,112 shares of FIGS, Inc. Class A Common Stock, representing 15.0% of the outstanding shares.

Heather L. Hasson, a key figure at FIGS Inc., has updated her beneficial ownership filing, reporting a 8.4% stake in the company following recent stock transactions.

FIGS, Inc. and Baron Capital Group amended their stockholders agreement to allow Baron to replace distributed shares, while Baron entities adjusted their beneficial ownership through market purchases and distributions.

Catherine Spear's latest Schedule 13D filing details a significant option repricing and a slight reduction in beneficial ownership due to tax-related share disposal.

FIGS co-founder Heather Hasson updated her beneficial ownership, including the repricing of over 3.5 million stock options to $6.63 per share.

Baron Capital Group and its affiliated entities, including Ronald Baron, have filed an Amendment No. 5 to their Schedule 13D, disclosing a combined beneficial ownership of 38.04% of FIGS, Inc.'s Class A Common Stock.

Baron Capital Group, a major investor in FIGS, Inc., has entered into a comprehensive Stockholders Agreement outlining voting limitations, transfer restrictions, and registration rights for its substantial Class A Common Stock holdings.

Thomas J. Tull, the reporting person, has ceased to be a beneficial owner of more than five percent of FIGS, Inc.'s Class A Common Stock following the completion of a pre-arranged share transfer.

Baron Capital Group, Inc. and its affiliates have significantly increased their beneficial ownership in FIGS, Inc. to 36.32% of Class A Common Stock by purchasing an additional 8.8 million shares for $6.25 per share.

FIGS, Inc. CEO Catherine Spear has filed an Amendment No. 8 to Schedule 13D, updating her beneficial ownership to 13.7% of the Class A Common Stock, totaling 25,508,446 shares.

Heather Hasson, Executive Chair of FIGS, Inc., filed an Amendment No. 8 to her Schedule 13D, disclosing a 10.1% beneficial ownership stake and recent share dispositions to cover tax obligations.

Thomas J. Tull, a major shareholder of FIGS, Inc., has significantly reduced his beneficial ownership to 5.4% after selling nearly 19 million shares of Class A Common Stock to BAMCO, Inc. for $6.25 per share.

Baron Capital has significantly increased its ownership in FIGS, Inc. through a $119 million share purchase and entered into a binding term sheet outlining future governance and voting arrangements.

BAMCO, Inc., a subsidiary of Baron Capital Group, Inc., has entered into a put-call agreement with Thomas J. Tull and related entities to potentially acquire up to 27.8 million shares of FIGS, Inc. Class A Common Stock at $6.25 per share.

Baron Capital Group, a major shareholder in FIGS, Inc., has publicly stated its opposition to the proposed 'going private' transaction and entered into a put-call agreement for a substantial block of shares, signaling active engagement in the company's future.