Rodrigo Brumana - 01 Jan 2023 Form 4 Insider Report for Poshmark, Inc.

Signature
/s/ Evan Ferl, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Jan 2023
Net transactions value
-$2,623,908
Form type
4
Filing time
04 Jan 2023, 19:32:13 UTC
Previous filing
14 Dec 2022
Next filing
09 Jan 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 +45,455 +7.3% $0.000000 670,425 01 Jan 2023 Direct
transaction POSH Class A Common Stock Tax liability $2,623,908 -146,751 -22% $17.88 523,674 03 Jan 2023 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 -45,455 -67% $0.000000 22,728 01 Jan 2023 Class A Common Stock 45,455 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person.
F2 Each RSU represents a contingent right to receive one share of 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. On January 1, 2023, the RSUs originally scheduled to vest over the course of 2023 were accelerated to vest on such date.