Alon Rotem - 01 Mar 2025 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
Chief Legal Officer
Signature
/s/ Alon Rotem
Issuer symbol
TDUP
Transactions as of
01 Mar 2025
Net transactions value
-$101,976
Form type
4
Filing time
04 Mar 2025, 17:21:17 UTC
Previous filing
10 Jan 2025
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 Options Exercise $0 +15,944 +5.6% $0.000000 300,247 01 Mar 2025 Direct
transaction TDUP Class A Common Stock Tax liability $19,109 -8,097 -2.7% $2.36 292,150 01 Mar 2025 Direct F1
transaction TDUP Class A Common Stock Options Exercise $0 +25,479 +8.7% $0.000000 317,629 01 Mar 2025 Direct
transaction TDUP Class A Common Stock Tax liability $30,536 -12,939 -4.1% $2.36 304,690 01 Mar 2025 Direct F1
transaction TDUP Class A Common Stock Options Exercise $0 +25,750 +8.5% $0.000000 330,440 01 Mar 2025 Direct
transaction TDUP Class A Common Stock Tax liability $30,859 -13,076 -4% $2.36 317,364 01 Mar 2025 Direct F1
transaction TDUP Class A Common Stock Options Exercise $0 +17,916 +5.6% $0.000000 335,280 01 Mar 2025 Direct
transaction TDUP Class A Common Stock Tax liability $21,471 -9,098 -2.7% $2.36 326,182 01 Mar 2025 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 Restricted Stock Units Options Exercise $0 -15,944 -3% $0.000000 522,915 01 Mar 2025 Class A Common Stock 15,944 Direct F2, F3
transaction TDUP Restricted Stock Units Options Exercise $0 -25,479 -4.9% $0.000000 497,436 01 Mar 2025 Class A Common Stock 25,479 Direct F2, F4
transaction TDUP Restricted Stock Units Options Exercise $0 -25,750 -5.2% $0.000000 471,686 01 Mar 2025 Class A Common Stock 25,750 Direct F2, F5
transaction TDUP Restricted Stock Units Options Exercise $0 -17,916 -3.8% $0.000000 453,770 01 Mar 2025 Class A Common Stock 17,916 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock that were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F2 Each 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, which vested 6.25% in quarterly installments on each of June 1, 2022, September 1, 2022 and December 1, 2022, and beginning on March 1, 2023, vest 9.03% in quarterly installments on March 1, June 1, September 1 and December 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.
F4 On February 15, 2023, the Reporting Person was granted 305,744 RSUs, vesting in twelve 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.
F5 On February 26, 2024, the Reporting Person was granted 309,000 RSUs, vesting in twelve 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.
F6 On January 9, 2025, the Reporting Person was granted 215,000 RSUs, vesting in twelve 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.