Hans Tung - May 27, 2022 Form 4 Insider Report for Poshmark, Inc. (POSH)

Role
Director
Signature
/s/ Evan Ferl, Attorney-in-Fact
Stock symbol
POSH
Transactions as of
May 27, 2022
Transactions value $
-$150,482
Form type
4
Date filed
6/1/2022, 05:42 PM
Previous filing
May 20, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POSH Class A Common Stock Sale -$121K -10.5K -0.3% $11.53 3.45M May 27, 2022 GGV Capital V L.P. F1, F3
transaction POSH Class A Common Stock Sale -$4.45K -386 -0.3% $11.53 127K May 27, 2022 GGV Capital V Entrepreneurs Fund L.P F1, F4
transaction POSH Class A Common Stock Sale -$23.9K -2.06K -0.06% $11.60 3.45M May 31, 2022 GGV Capital V L.P. F2, F3
transaction POSH Class A Common Stock Sale -$882 -76 -0.06% $11.60 127K May 31, 2022 GGV Capital V Entrepreneurs Fund L.P F2, F4
holding POSH Class A Common Stock 2.08K May 27, 2022 GGV Capital LLC F5
* 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 $11.50 to $11.65, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.81, 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.
F3 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.
F4 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.
F5 The shares are held directly by GGV Capital LLC. The Reporting Person is a managing director of GGV Capital LLC, 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.