Anthony Salvatore Marino - 20 Dec 2021 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
President
Signature
/s/ Alon Rotem, Attorney-in-Fact
Issuer symbol
TDUP
Transactions as of
20 Dec 2021
Net transactions value
$0
Form type
4
Filing time
22 Dec 2021, 16:04:28 UTC
Previous filing
13 Dec 2021
Next filing
13 Apr 2022
SEC
View on sec.gov

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 +39,000 +2185% $0.000000 40,785 20 Dec 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 -39,000 -21% $0.000000 148,103 20 Dec 2021 Class B Common Stock 39,000 $0.5500 Direct F2
transaction TDUP Class B Common Stock Options Exercise $0 +39,000 +404% $0.000000 48,660 20 Dec 2021 Class A Common Stock 39,000 Direct F1
transaction TDUP Class B Common Stock Conversion of derivative security $0 -39,000 -80% $0.000000 9,660 20 Dec 2021 Class A Common Stock 39,000 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 over four years after September 1, 2013.