James G. Reinhart - 17 Nov 2023 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
Chief Executive Officer, Director
Signature
/s/ Alon Rotem, Attorney-in-Fact
Issuer symbol
TDUP
Transactions as of
17 Nov 2023
Net transactions value
$0
Form type
4
Filing time
21 Nov 2023, 18:22:16 UTC
Previous filing
08 Nov 2023
Next filing
05 Dec 2023
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 +29,048 +6.9% $0.000000 449,754 17 Nov 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 -29,048 -100% $0.000000* 0 17 Nov 2023 Class B Common Stock 29,048 $0.5500 Direct F2
transaction TDUP Class B Common Stock Options Exercise $0 +29,048 +6.5% $0.000000 475,165 17 Nov 2023 Class A Common Stock 29,048 Direct F1
transaction TDUP Class B Common Stock Conversion of derivative security $0 -29,048 -6.1% $0.000000 446,117 17 Nov 2023 Class A Common Stock 29,048 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.