Alon Rotem - 01 Jun 2022 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role: Chief Legal Officer
Signature: /s/ Alon Rotem
Issuer symbol: TDUP
Transactions as of: 01 Jun 2022
Net transactions value: +$5,255
Form type: 4
Filing time: 03 Jun 2022, 17:08:49 UTC
Previous filing: 13 Apr 2022
Next filing: 07 Jun 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	Award	$5,255	+1,479	+3.2%	$3.55	48,374	31 May 2022	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+11,037	+23%	$0.000000	59,411	01 Jun 2022	Direct

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	Restricted Stock Units	Options Exercise	$0	-11,037	-6.2%	$0.000000	165,570	01 Jun 2022	Class A Common Stock	11,037		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares purchased pursuant to the ThredUp Inc. 2021 Employee Stock Purchase Plan.
F2	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3	On April 11, 2022, the Reporting Person was granted 176,607 RSUs, vesting in sixteen equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.