Paula Sutter - 09 Nov 2021 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
Director
Signature
/s/ Alon Rotem, Attorney-in-Fact
Issuer symbol
TDUP
Transactions as of
09 Nov 2021
Net transactions value
$0
Form type
4
Filing time
12 Nov 2021, 15:21:16 UTC
Previous filing
05 Nov 2021
Next filing
16 Feb 2022

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 +50,000 +401% $0.000000 62,474 09 Nov 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 Stock Option (Right to Buy) Options Exercise $0 -50,000 -38% $0.000000 81,042 09 Nov 2021 Class B Common Stock 50,000 $0.8600 Direct F2
transaction TDUP Class B Common Stock Options Exercise $0 +50,000 +313% $0.000000 65,979 09 Nov 2021 Class A Common Stock 50,000 Direct F1
transaction TDUP Class B Common Stock Conversion of derivative security $0 -50,000 -76% $0.000000 15,979 09 Nov 2021 Class A Common Stock 50,000 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 The stock option vested in 24 equal monthly installments after January 1, 2015.