Filing Details

Accession Number:
0001484778-22-000160
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-09-06 16:23:01
Reporting Period:
2022-09-01
Accepted Time:
2022-09-06 16:23:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1484778 Thredup Inc. TDUP Retail-Catalog & Mail-Order Houses (5961) 264009181
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1850186 Alon Rotem C/O Thredup Inc.
969 Broadway, Suite 200
Oakland CA 94607
Chief Legal Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-09-01 6,993 $0.00 62,611 No 4 A Direct
Class A Common Stock Disposition 2022-09-02 2,578 $2.31 60,033 No 4 S Direct
Class A Common Stock Acquisiton 2022-09-01 11,038 $0.00 71,071 No 4 M Direct
Class A Common Stock Disposition 2022-09-02 4,069 $2.31 67,002 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2022-09-01 11,038 $0.00 11,038 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
154,532 No 4 M Direct
Footnotes
  1. Settlement of shares from performance-based restricted stock units under the Issuer's 2021 Stock Option and Incentive Plan in a transaction exempt under Rule 16b-3. Each unit represents a right to receive one share of the Issuer's Class A Common Stock.
  2. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
  3. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
  4. On April 11, 2022, the Reporting Person was granted 176,607 RSUs, vesting in sixteen 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.