Mayfield XIII, a Cayman Islands Exempted Limited Partnership - Jan 5, 2023 Form 4 Insider Report for Poshmark, Inc. (POSH)

Role
10%+ Owner
Signature
Mayfield XIII, a Cayman Islands Exempted Limited Partnership By: Mayfield XIII Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership, its general partner By: Mayfield XIII Management (UGP), Ltd., a Cayman Islands Exempted Company, its gene
Stock symbol
POSH
Transactions as of
Jan 5, 2023
Transactions value $
$0
Form type
4
Date filed
1/6/2023, 03:30 PM
Previous filing
Jul 26, 2021

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 Class B Common Stock Disposition pursuant to a tender of shares in a change of control transaction $0 -15.7M -100% $0.00* 0 Jan 5, 2023 Class A Common Stock 15.7M $17.90 By Mayfield XIII, a Cayman Islands Exempted Limited Partnership F1, F2
transaction POSH Class B Common Stock Disposition pursuant to a tender of shares in a change of control transaction $0 -1.5M -100% $0.00* 0 Jan 5, 2023 Class A Common Stock 1.5M $17.90 By Mayfield Select, a Cayman Islands Exempted Limited Partnership F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mayfield XIII, a Cayman Islands Exempted Limited Partnership is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the Reporting Persons and has no expiration date.
F2 Mayfield XIII Management (UGP), Ltd., a Cayman Islands Exempted Company, or MF XIII UGP, is the general partner of Mayfield XIII Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership, which is the general partner of MF XIII, a Cayman Islands Exempted Limited Partnership, or MF XIII. Rajeev Batra, Navin Chaddha, and Vaneeta Varma are the directors of MF XIII UGP. As a result, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the shares owned by MF XIII, but each of the individuals disclaims such beneficial ownership.
F3 Mayfield Select Management (UGP), Ltd., a Cayman Islands Exempted Company, or MF Select UGP, is the general partner of Mayfield Select Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership, which is the general partner of MF Select, a Cayman Islands Exempted Limited Partnership, or MF Select. Rajeev Batra, Navin Chaddha, and Urshit Parikh are the directors of MF Select UGP. As a result, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the shares owned by MF Select, but each of the individuals disclaims such beneficial ownership.