Christopher Homer - Mar 1, 2025 Form 4 Insider Report for ThredUp Inc. (TDUP)

Signature
/s/ Alon Rotem, Attorney-in-Fact
Stock symbol
TDUP
Transactions as of
Mar 1, 2025
Transactions value $
-$134,385
Form type
4
Date filed
3/4/2025, 05:21 PM
Previous filing
Jan 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDUP Class A Common Stock Options Exercise $0 +41.3K +5.06% $0.00 859K Mar 1, 2025 Direct
transaction TDUP Class A Common Stock Tax liability -$29.1K -12.3K -1.44% $2.36 847K Mar 1, 2025 Direct F1
transaction TDUP Class A Common Stock Options Exercise $0 +58.2K +6.88% $0.00 905K Mar 1, 2025 Direct
transaction TDUP Class A Common Stock Tax liability -$40.3K -17.1K -1.89% $2.36 888K Mar 1, 2025 Direct F1
transaction TDUP Class A Common Stock Options Exercise $0 +54.2K +6.1% $0.00 942K Mar 1, 2025 Direct
transaction TDUP Class A Common Stock Tax liability -$37.5K -15.9K -1.69% $2.36 926K Mar 1, 2025 Direct F1
transaction TDUP Class A Common Stock Options Exercise $0 +39.6K +4.27% $0.00 966K Mar 1, 2025 Direct
transaction TDUP Class A Common Stock Tax liability -$27.4K -11.6K -1.2% $2.36 954K Mar 1, 2025 Direct F1

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 -41.3K -3.5% $0.00 1.14M Mar 1, 2025 Class A Common Stock 41.3K Direct F2, F3
transaction TDUP Restricted Stock Units Options Exercise $0 -58.2K -5.1% $0.00 1.08M Mar 1, 2025 Class A Common Stock 58.2K Direct F2, F4
transaction TDUP Restricted Stock Units Options Exercise $0 -54.2K -5% $0.00 1.03M Mar 1, 2025 Class A Common Stock 54.2K Direct F2, F5
transaction TDUP Restricted Stock Units Options Exercise $0 -39.6K -3.85% $0.00 989K Mar 1, 2025 Class A Common Stock 39.6K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock that were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F2 Each 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 457,869 RSUs, which vested 6.25% in quarterly installments on each of June 1, 2022, September 1, 2022 and December 1, 2022, and beginning on March 1, 2023, vest 9.03% in quarterly installments on March 1, June 1, September 1 and December 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.
F4 On February 15, 2023, the Reporting Person was granted 698,841 RSUs, vesting in twelve 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.
F5 On February 26, 2024, the Reporting Person was granted 650,000 RSUs, vesting in twelve 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.
F6 On January 9, 2025, the Reporting Person was granted 475,000 RSUs, vesting in twelve 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.