Filing Details

Accession Number:
0001209191-23-043881
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-31 18:07:58
Reporting Period:
2023-07-27
Accepted Time:
2023-07-31 18:07:58
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
1597755 Patricia Nakache C/O Trinity Ventures
325 Sharon Park Dr., #458
Menlo Park CA 94025
Yes No Yes 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 2023-07-27 1,588 $0.00 1,588 No 4 C Indirect By Trinity Ventures X, L.P.
Class A Common Stock Acquisiton 2023-07-27 16 $0.00 16 No 4 C Indirect By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock Acquisiton 2023-07-27 8 $0.00 8 No 4 C Indirect By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock Disposition 2023-07-27 1,588 $3.47 0 No 4 S Indirect By Trinity Ventures X, L.P.
Class A Common Stock Disposition 2023-07-27 16 $3.47 0 No 4 S Indirect By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock Disposition 2023-07-27 8 $3.47 0 No 4 S Indirect By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock Acquisiton 2023-07-28 47,652 $0.00 47,652 No 4 C Indirect By Trinity Ventures X, L.P.
Class A Common Stock Acquisiton 2023-07-28 471 $0.00 471 No 4 C Indirect By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock Acquisiton 2023-07-28 264 $0.00 264 No 4 C Indirect By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock Disposition 2023-07-28 47,652 $3.48 0 No 4 S Indirect By Trinity Ventures X, L.P.
Class A Common Stock Disposition 2023-07-28 471 $3.48 0 No 4 S Indirect By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock Disposition 2023-07-28 264 $3.48 0 No 4 S Indirect By Trinity X Side-By-Side Fund, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Trinity Ventures X, L.P.
No 4 C Indirect By Trinity X Entrepreneurs' Fund, L.P.
No 4 C Indirect By Trinity X Side-By-Side Fund, L.P.
No 4 S Indirect By Trinity Ventures X, L.P.
No 4 S Indirect By Trinity X Entrepreneurs' Fund, L.P.
No 4 S Indirect By Trinity X Side-By-Side Fund, L.P.
No 4 C Indirect By Trinity Ventures X, L.P.
No 4 C Indirect By Trinity X Entrepreneurs' Fund, L.P.
No 4 C Indirect By Trinity X Side-By-Side Fund, L.P.
No 4 S Indirect By Trinity Ventures X, L.P.
No 4 S Indirect By Trinity X Entrepreneurs' Fund, L.P.
No 4 S Indirect By Trinity X Side-By-Side Fund, L.P.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2023-07-27 1,588 $0.00 1,588 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-07-27 16 $0.00 16 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-07-27 8 $0.00 8 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-07-28 47,652 $0.00 47,652 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-07-28 471 $0.00 471 $0.00
Class A Common Stock Class B Common Stock Disposition 2023-07-28 264 $0.00 264 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,540,888 No 4 C Indirect
84,559 No 4 C Indirect
47,203 No 4 C Indirect
8,493,236 No 4 C Indirect
84,088 No 4 C Indirect
46,939 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 47 Direct
Class A Common Stock 132,801 Direct
Footnotes
  1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 9, 2023.
  2. Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration.
  3. The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Funds"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Funds. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.46 to $3.48 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.46 to $3.52 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  6. The Reporting Person is an executive officer and director of TVL Management Corp and shares voting and dispositive power over the shares held by TVL Management Corp. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein.
  7. 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.