Sec Form 13G Filing - Salzberg Matthew B filing for Blue Apron Holdings Inc. (APRN) - 2023-01-31

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.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

(Amendment No. 7)*

Under the Securities Exchange Act of 1934

 

Blue Apron Holdings, Inc.

(Name of Issuer) 

 

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

 

09523Q 200

(CUSIP Number)

 

December 31, 2022

(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)
x 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 (“Exchange 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. 09523Q 200
1.

Names of Reporting Persons
I.R.S. Identification No. of Above Persons (Entities Only)

Matthew B. Salzberg

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*
423,110
6. Shared Voting Power*
1,250
7. Sole Dispositive Power*
423,110
8. Shared Dispositive Power*
1,250

9. Aggregate Amount Beneficially Owned by Each Reporting Person*
424,360
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11. Percent of Class Represented by Amount in Row (9)*
0.01%
12. Type of Reporting Person (See Instructions)
IN

 

* See Item 4 below.

 

 

 

 

1. Names of Reporting Persons
I.R.S. Identification No. of Above Persons (Entities Only)
Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement
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
New York

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
5. Sole Voting Power*
0
6. Shared Voting Power*
0
7. Sole Dispositive Power*
0
8. Shared Dispositive Power*
0

9. Aggregate Amount Beneficially Owned by Each Reporting Person*
0
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
11. Percent of Class Represented by Amount in Row (9)*
0.0%
12. Type of Reporting Person (See Instructions)
OO

 

* See Item 4 below.

 

 

 

 

Item 1.
 
  (a) Name of Issuer
Blue Apron Holdings, Inc.
  (b)

Address of Issuer’s Principal Executive Offices
28 Liberty Street

New York, NY 10005

 

Item 2.

 

  (a)

Name of Person(s) Filing
Matthew B. Salzberg

Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement

  (b)

Address of Principal Business Office or, if none, Residence
c/o Covington & Burling LLP

One CityCenter, 850 Tenth Street, NW

Washington, DC 20001

Attention: Matthew C. Franker

  (c)

Citizenship
Matthew B. Salzberg — United States of America

Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement — New York

  (d) Title of Class of Securities
Class A Common Stock, par value $0.0001 per share
  (e) CUSIP Number
09523Q 200

 

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:
   
  Not applicable
   
Item 4. Ownership

 

Matthew B. Salzberg and the Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement are filing this Amendment No. 7 to Schedule 13G to update their beneficial ownership of Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), of Blue Apron Holdings, Inc. (the “Issuer”).

 

(a)   Amount beneficially owned:

 

Reporting Person  Number of
Shares
 
Matthew B. Salzberg   424,360 
Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement   0 

 

(b)   Percent of class:

 

Reporting Person  Percent of
Shares
(1) 
 
Matthew B. Salzberg   0.01%
Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement   0.0%

 

 

 

 

(c)   Number of shares as to which the Reporting Person has:  

(i)Sole power to vote or direct the vote:

 

Reporting Person  Number of
Shares
 
Matthew B. Salzberg   423,110(2)
Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement   0 

 

  (ii) Shared power to vote or direct the vote:

 

Reporting Person  Number of
Shares
 
Matthew B. Salzberg   1,250(3) 
Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement   0 

 

  (iii) Sole power to dispose or direct the disposition of:
     

Reporting Person  Number of
Shares
 
Matthew B. Salzberg   423,110(2)
Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement   0 

 

  (iv) Shared power to dispose or direct the disposition of:

 

Reporting Person  Number of
Shares
 
Matthew B. Salzberg   1,250(3) 
Family Trust Created Under Article V of The Matthew Salzberg 2014 Annuity Trust Agreement   0 

 

(1)

Based upon 39,578,600 shares of the Issuer’s Class A Common Stock outstanding as of October 15, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q for the period ended September 30, 2022, which was filed with the U.S. Securities and Exchange Commission on November 7, 2022.

 

(2)Consists of (a) 420,000 shares of the Issuer’s Class A Common Stock underlying warrants held directly by Mr. Salzberg, and (b) 3,110 shares of the Issuer’s Class A Common Stock subject to options exercisable within 60 days of December 31, 2022.

 

(3) Consists of 1,250 shares of the Issuer’s Class A Common Stock held of record by Aspiration Growth Opportunities II GP, LLC, with respect to which Matthew B. Salzberg has shared investment and voting power.

Item 5.

 

Ownership of Five 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 five percent of the class of securities, check the following x
 
Item 6. Ownership of More than Five Percent on Behalf of Another Person
   
  Not applicable.
 
Item 7. Identification 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 Group
   
  Not applicable.
 
Item 10. Certification
   
  Not applicable.

 

 

 

 

SIGNATURES

 

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.

 

  MATTHEW B. SALZBERG
  /s/ Matthew B. Salzberg
 

 

 

FAMILY TRUST CREATED UNDER ARTICLE V OF THE MATTHEW SALZBERG 2014 ANNUITY TRUST AGREEMENT

  /s/ Matthew B. Salzberg
  Name: Matthew B. Salzberg
  Title: Co-trustee

 

Dated: January 31, 2023