Paula Sutter - Nov 9, 2021 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role
Director
Signature
/s/ Alon Rotem, Attorney-in-Fact
Stock symbol
TDUP
Transactions as of
Nov 9, 2021
Transactions value $
$0
Form type
4
Date filed
11/12/2021, 03:21 PM
Previous filing
Nov 5, 2021
Next filing
Feb 16, 2022

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 +50K +400.83% $0.00 62.5K Nov 9, 2021 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 Stock Option (Right to Buy) Options Exercise $0 -50K -38.16% $0.00 81K Nov 9, 2021 Class B Common Stock 50K $0.86 Direct F2
transaction TDUP Class B Common Stock Options Exercise $0 +50K +312.91% $0.00 66K Nov 9, 2021 Class A Common Stock 50K Direct F1
transaction TDUP Class B Common Stock Conversion of derivative security $0 -50K -75.78% $0.00 16K Nov 9, 2021 Class A Common Stock 50K 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 The stock option vested in 24 equal monthly installments after January 1, 2015.