John Michael McDonald - Dec 1, 2022 Form 4 Insider Report for Poshmark, Inc. (POSH)

Role: Chief Operating Officer
Signature: /s/ Evan Ferl, Attorney-in-Fact
Stock symbol: POSH
Transactions as of: Dec 1, 2022
Transactions value $: -$125,232
Form type: 4
Date filed: 12/5/2022, 08:04 PM
Previous filing: Oct 6, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POSH	Class A Common Stock	Options Exercise	$0	+10.9K	+12.01%	$0.00	101K	Dec 1, 2022	Direct
transaction	POSH	Class A Common Stock	Sale	-$125K	-7.03K	-6.94%	$17.81	94.3K	Dec 2, 2022	Direct	F1

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	Options Exercise	$0	-10.9K	-14.28%	$0.00	65.2K	Dec 1, 2022	Class A Common Stock	10.9K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3	1/8th of the RSUs will vest on September 1, 2022 and each three months thereafter, subject to the Reporting Person's continued service through the applicable vesting date.