GGV Capital V L.L.C. - Sep 3, 2021 Form 4 Insider Report for Poshmark, Inc. (POSH)

Role
10%+ Owner
Signature
GGV Capital V L.L.C., By: /s/ Hans Tung, Managing Director
Stock symbol
POSH
Transactions as of
Sep 3, 2021
Transactions value $
-$3,010,121
Form type
4
Date filed
9/8/2021, 05:20 PM
Previous filing
Sep 2, 2021
Next filing
Sep 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POSH Class A Common Stock Sale -$53.6K -1.97K -1.18% $27.15 166K Sep 3, 2021 See Footnote F1, F2
transaction POSH Class A Common Stock Sale -$1.46M -53.7K -1.18% $27.15 4.52M Sep 3, 2021 See Footnote F1, F3
transaction POSH Class A Common Stock Sale -$53K -1.95K -1.18% $27.15 164K Sep 7, 2021 See Footnote F2, F4
transaction POSH Class A Common Stock Sale -$1.44M -53.2K -1.18% $27.15 4.46M Sep 7, 2021 See Footnote F3, F4
* 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 $27.00 to $27.60 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 These shares are held by GGV Capital V Entrepreneurs Fund L.P. GGV Capital V L.L.C. is the general partner of GGV Capital V Entrepreneurs Fund L.P. and may be deemed to have voting and dispositive power over the shares held by GGV Capital V Entrepreneurs Fund L.P. GGV Capital V 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 GGV Capital V L.P. GGV Capital V L.L.C. is the general partner of GGV Capital V L.P. and may be deemed to have voting and dispositive power over the shares held by GGV Capital V L.P. GGV Capital V L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.00 to $27.68 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.