Alon Rotem - 02 Jun 2021 Form 4 Insider Report for ThredUp Inc. (TDUP)

Signature
/s/ Alon Rotem
Issuer symbol
TDUP
Transactions as of
02 Jun 2021
Net transactions value
$0
Form type
4
Filing time
06 Jul 2021, 18:16:19 UTC
Next filing
31 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDUP Class A Common Stock Conversion of derivative security $0 +20,396 $0.000000 20,396 02 Jun 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 TDUP Class B Common Stock Conversion of derivative security $0 -20,396 -100% $0.000000* 0 02 Jun 2021 Class A Common Stock 20,396 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the holder.
F2 Each share of Class B is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.