Christopher Homer - 01 Mar 2025 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role: Chief Operating Officer
Signature: /s/ Alon Rotem, Attorney-in-Fact
Issuer symbol: TDUP
Transactions as of: 01 Mar 2025
Net transactions value: -$134,385
Form type: 4
Filing time: 04 Mar 2025, 17:21:54 UTC
Previous filing: 10 Jan 2025
Next filing: 02 Jun 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	+41,336	+5.1%	$0.000000	858,980	01 Mar 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	$29,106	-12,333	-1.4%	$2.36	846,647	01 Mar 2025	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+58,236	+6.9%	$0.000000	904,883	01 Mar 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	$40,339	-17,093	-1.9%	$2.36	887,790	01 Mar 2025	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+54,167	+6.1%	$0.000000	941,957	01 Mar 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	$37,522	-15,899	-1.7%	$2.36	926,058	01 Mar 2025	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+39,583	+4.3%	$0.000000	965,641	01 Mar 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	$27,418	-11,618	-1.2%	$2.36	954,023	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	-41,336	-3.5%	$0.000000	1,141,281	01 Mar 2025	Class A Common Stock	41,336		Direct	F2, F3
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-58,236	-5.1%	$0.000000	1,083,045	01 Mar 2025	Class A Common Stock	58,236		Direct	F2, F4
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-54,167	-5%	$0.000000	1,028,878	01 Mar 2025	Class A Common Stock	54,167		Direct	F2, F5
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-39,583	-3.8%	$0.000000	989,295	01 Mar 2025	Class A Common Stock	39,583		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 457,869 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 698,841 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 650,000 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 475,000 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.