Alon Rotem - Aug 27, 2021 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
Chief Legal Officer
Signature
/s/ Alon Rotem
Stock symbol
TDUP
Transactions as of
Aug 27, 2021
Transactions value $
-$114,000
Form type
4
Date filed
8/31/2021, 07:46 PM
Previous filing
Jul 6, 2021
Next filing
Sep 28, 2021
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 Conversion of derivative security $0 +6K +29.42% $0.00 26.4K Aug 27, 2021 Direct F1
transaction TDUP Class A Common Stock Sale -$114K -6K -22.73% $19.00* 20.4K Aug 27, 2021 Direct F2

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 Stock Option (Right to Buy) Options Exercise $0 -6K -4.48% $0.00 128K Aug 27, 2021 Class B Common Stock 6K $2.05 Direct F3
transaction TDUP Class B Common Stock Options Exercise $0 +6K $0.00 6K Aug 27, 2021 Class A Common Stock 6K Direct F1
transaction TDUP Class B Common Stock Conversion of derivative security $0 -6K -100% $0.00* 0 Aug 27, 2021 Class A Common Stock 6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 The stock option vested over four years after November 3, 2016.