James G. Reinhart - 01 Jun 2022 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role: Chief Executive Officer, Director
Signature: /s/ Alon Rotem, Attorney-in-Fact
Issuer symbol: TDUP
Transactions as of: 01 Jun 2022
Transactions value $: $0
Form type: 4
Filing time: 03 Jun 2022, 17:11:37 UTC
Previous filing: 13 Apr 2022
Next filing: 07 Jun 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	Options Exercise	$0	+53.1K	+357.45%	$0.00	68K	01 Jun 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	-53.1K	-6.25%	$0.00	797K	01 Jun 2022	Class A Common Stock	53.1K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2	On April 11, 2022, the Reporting Person was granted 850,329 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.