Redpoint Ventures IV, L.P. - 09 Nov 2021 Form 4 Insider Report for ThredUp Inc. (TDUP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Nov 2021, 15:59:49 UTC
Prior SEC filing
26 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Redpoint Ventures IV, L.P. By: Redpoint Ventures IV, LLC, its General Partner By: /s/ Timothy M. Haley, Managing Director

Key filing fact

Redpoint Ventures IV, L.P. filed Form 4 for ThredUp Inc. (TDUP) on 12 Nov 2021.

Key facts

  • This page summarizes Redpoint Ventures IV, L.P.'s Form 4 filing for ThredUp Inc. (TDUP).
  • 8 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 12 Nov 2021, 15:59.

Change

  • Previous filing in this sequence was filed on 26 Oct 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TDUP transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+2,348,745
Change %
Price
$0.000000
Shares after
2,348,745
Date
09 Nov 2021
Ownership
Direct
Footnotes
F1
TDUP transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+60,224
Change %
Price
$0.000000
Shares after
60,224
Date
09 Nov 2021
Ownership
By Redpoint Associates IV, LLC
Footnotes
F1, F2
TDUP transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-2,348,745
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Nov 2021
Ownership
Direct
Footnotes
F3
TDUP transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-60,224
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Nov 2021
Ownership
By Redpoint Associates IV, LLC
Footnotes
F2, F4
TDUP transaction

Class A Common Stock

Other

Transaction value
$0
Shares
+23,487
Change %
Price
$0.000000
Shares after
23,487
Date
09 Nov 2021
Ownership
By Redpoint Ventures IV, LLC
Footnotes
F2, F5
TDUP transaction

Class A Common Stock

Other

Transaction value
$0
Shares
-23,487
Change %
-100%
Price
$0.000000*
Shares after
0
Date
09 Nov 2021
Ownership
By Redpoint Ventures IV, LLC
Footnotes
F2, F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TDUP transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-2,348,745
Change %
-25%
Price
$0.000000
Shares after
7,046,236
Date
09 Nov 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,348,745
Exercise price
Footnotes
F1, F7
TDUP transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-60,224
Change %
-25%
Price
$0.000000
Shares after
180,672
Date
09 Nov 2021
Ownership
By Redpoint Associates IV, LLC
Underlying class
Class A Common Stock
Underlying amount
60,224
Exercise price
Footnotes
F1, F2, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the holder in connection with the distributions described herein.

Footnote F2

Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.

Footnote F3

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by RV IV to its general partner and limited partners without additional consideration.

Footnote F4

Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by RA IV to its members without additional consideration.

Footnote F5

Represents receipt of shares in the distribution in kind described in footnote (3).

Footnote F6

Represents a pro rata in kind distribution, and not a purchase or sale of securities, by RV IV LLC to its members without consideration.

Footnote F7

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.

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