James G. Reinhart - Oct 19, 2023 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
Chief Executive Officer, Director
Signature
/s/ Alon Rotem, Attorney-in-Fact
Stock symbol
TDUP
Transactions as of
Oct 19, 2023
Transactions value $
$0
Form type
4
Date filed
10/23/2023, 09:04 AM
Previous filing
Oct 13, 2023
Next filing
Nov 8, 2023

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 +343K +313.78% $0.00 453K Oct 19, 2023 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 -343K -92.2% $0.00 29K Oct 19, 2023 Class B Common Stock 343K $0.55 Direct F2
transaction TDUP Class B Common Stock Options Exercise $0 +343K +76.97% $0.00 790K Oct 19, 2023 Class A Common Stock 343K Direct F1
transaction TDUP Class B Common Stock Conversion of derivative security $0 -343K -43.49% $0.00 446K Oct 19, 2023 Class A Common Stock 343K 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 two years after January 1, 2014.