MV Management XI, L.L.C. - Aug 4, 2021 Form 4 Insider Report for Poshmark, Inc. (POSH)

Role
10%+ Owner
Signature
By: /s/ Venky Ganesan, Managing Member
Stock symbol
POSH
Transactions as of
Aug 4, 2021
Transactions value $
-$36,030
Form type
4
Date filed
8/6/2021, 05:51 PM
Previous filing
Aug 3, 2021
Next filing
Oct 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POSH Class A Common Stock Sale -$35.5K -984 -0.62% $36.03 157K Aug 4, 2021 See footnote F1, F2
transaction POSH Class A Common Stock Sale -$576 -16 -0.62% $36.03 2.55K Aug 4, 2021 See footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $36.00 - $36.05 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 These shares are held by Menlo Special Opportunities Fund, L.P. MSOP GP, L.L.C. is the general partner of Menlo Special Opportunities Fund, L.P. and may be deemed to have voting and investment power over the shares held by Menlo Special Opportunities Fund, L.P., but MSOP GP, L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
F3 These shares are held by MMSOP, L.P. MSOP GP, L.L.C. is the general partner MMSOP, L.P. and may be deemed to have voting and investment power over the shares held by MMSOP, L.P., but MSOP GP, L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.