Hans Tung - Jan 13, 2022 Form 4 Insider Report for Poshmark, Inc. (POSH)

Role: Director
Signature: /s/ Evan Ferl, Attorney-in-Fact
Stock symbol: POSH
Transactions as of: Jan 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/18/2022, 07:02 PM
Previous filing: Dec 14, 2021
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POSH	Class A Common Stock	Conversion of derivative security	$0	+2.08K		$0.00	2.08K	Jan 13, 2022	Direct
holding	POSH	Class A Common Stock						3.96M	Jan 13, 2022	GGV Capital V L.P.	F1
holding	POSH	Class A Common Stock						145K	Jan 13, 2022	GGV Capital V Entrepreneurs Fund L.P	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	POSH	Restricted Stock Units	Conversion of derivative security	$0	-2.08K	-100%	$0.00^*	0	Jan 13, 2022	Class A Common Stock	2.08K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares are held directly by GGV Capital V L.P. The Reporting Person is a managing director of GGV Capital V L.L.C., which is the general partner of GGV Capital V L.P., and the Reporting Person may be deemed to share voting and investment powers with regard to the securities held directly by such entity. The Reporting Person disclaims beneficial ownership of the securities held by such entity except to the extent of his pecuniary interest therein.
F2	The shares are held directly by GGV Capital V Entrepreneurs Fund L.P. The Reporting Person is a managing partner of GGV Capital V L.L.C., which is the general partner of GGV Capital V Entrepreneurs Fund L.P., and the Reporting Person may be deemed to share voting and investment powers with regard to the securities held directly by such entity. The Reporting Person disclaims beneficial ownership of the securities held by such entity except to the extent of his pecuniary interest therein.
F3	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4	The RSUs shall vest in full on the earlier of (i) January 13, 2022 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service on the Issuer's Board of Directors.