Kapil Agrawal - 31 Aug 2021 Form 4 Insider Report for Poshmark, Inc.

Role: Interim CFO
Signature: /s/ Evan Ferl, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 31 Aug 2021
Net transactions value: -$304,349
Form type: 4
Filing time: 02 Sep 2021, 21:07:42 UTC
Previous filing: 20 Aug 2021
Next filing: 05 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POSH	Class A Common Stock	Sale	$289,064	-10,000	-12%	$28.91	75,480	31 Aug 2021	Direct	F1
transaction	POSH	Class A Common Stock	Sale	$15,285	-536	-0.71%	$28.52	74,944	02 Sep 2021	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.875 to $29.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.875 to $29.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 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.