Alon Rotem - Jun 1, 2022 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role: Chief Legal Officer
Signature: /s/ Alon Rotem
Stock symbol: TDUP
Transactions as of: Jun 1, 2022
Transactions value $: $5,255
Form type: 4
Date filed: 6/3/2022, 05:08 PM
Previous filing: Apr 13, 2022
Next filing: Jun 7, 2022
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	Award	$5.25K	+1.48K	+3.15%	$3.55	48.4K	May 31, 2022	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+11K	+22.82%	$0.00	59.4K	Jun 1, 2022	Direct

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	-11K	-6.25%	$0.00	166K	Jun 1, 2022	Class A Common Stock	11K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares purchased pursuant to the ThredUp Inc. 2021 Employee Stock Purchase Plan.
F2	Each restricted stock unit ("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 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.