Anthony Salvatore Marino - 17 Sep 2021 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
President
Signature
/s/ Alon Rotem, Attorney-in-Fact
Issuer symbol
TDUP
Transactions as of
17 Sep 2021
Net transactions value
-$8,000
Form type
4
Filing time
20 Sep 2021, 18:43:45 UTC
Previous filing
03 Sep 2021
Next filing
23 Sep 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 +400 $0.000000 400 17 Sep 2021 Direct F1
transaction TDUP Class A Common Stock Sale $8,000 -400 -100% $20.00 0 17 Sep 2021 Direct F2

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 Stock Option (Right to Buy) Options Exercise $0 -400 -0.16% $0.000000 248,848 17 Sep 2021 Class B Common Stock 400 $0.5500 Direct F3
transaction TDUP Class B Common Stock Options Exercise $0 +400 +4.1% $0.000000 10,060 17 Sep 2021 Class A Common Stock 400 Direct F1
transaction TDUP Class B Common Stock Conversion of derivative security $0 -400 -4% $0.000000 9,660 17 Sep 2021 Class A Common Stock 400 Direct F1
* 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 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.
F2 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 The stock option vested over four years after September 1, 2013.