Ebony Beckwith - 06 Aug 2021 Form 4/A - Amendment Insider Report for Poshmark, Inc.

Role
Director
Signature
/s/ Evan Ferl, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
06 Aug 2021
Net transactions value
+$356,927
Form type
4/A - Amendment
Filing time
08 Mar 2022, 15:25:41 UTC
Date Of Original Report
09 Aug 2021
Next filing
18 May 2022
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 Award $0 +4,301 +2867% $0.000000 4,451 06 Aug 2021 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 Stock Option (Right to Buy) Award $356,927 +10,195 $35.01 10,195 06 Aug 2021 Class A Common Stock 10,195 $35.01 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs will vest in 3 equal installments on September 1, 2022, September 1, 2023 and September 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Vested shares will be deferred in accordance with the Reporting Person's deferral election pursuant to the Rules and Conditions for the Poshmark, Inc. Non-Employee Directors' Deferred Compensation Program.
F2 The option vest and become exercisable in 3 equal annual installments starting on September 1, 2022 and ending September 1, 2024, subject to the Reporting Person's continued board service to the Issuer through each such vesting date.

Remarks:

This Form 4/A corrects the number of RSUs and stock options granted to the Reporting Person on August 6, 2021.