Filing Details

Accession Number:
0001628280-21-006423
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-01 18:28:02
Reporting Period:
2021-03-30
Accepted Time:
2021-04-01 18:28:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1484778 Thredup Inc. TDUP () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1277624 R Jack Lazar C/O Thredup Inc.
969 Broadway, Suite 200
Oakland CA 94607
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-03-30 7,142 $14.00 17,856 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series E-1 Preferred Stock Disposition 2021-03-30 31,958 $0.00 31,958 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2021-03-30 31,958 $0.00 31,958 $0.00
Common Stock Stock Option (Right to Buy) Disposition 2021-03-30 281,994 $0.00 281,994 $2.05
Class B Common Stock Stock Option (Right to Buy) Acquisiton 2021-03-30 281,994 $0.00 281,994 $2.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
31,958 No 4 J Indirect
0 2027-07-06 No 4 J Direct
281,994 2027-07-06 No 4 J Direct
Footnotes
  1. Represents the purchase of shares of Class A common stock of the Issuer in the Issuer's directed share program in connection with its initial public offering.
  2. Immediately prior to the closing of the Issuer's initial public offering, each share of Series E-1 Preferred Stock automatically converted into one share of the Issuer's Common Stock, par value $0.0001 per share, on a one-for-one basis. The Series E-1 Preferred Stock had no expiration date.
  3. Each share of Class B 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.
  4. Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
  5. The stock option vests in 48 equal monthly installments after June 23, 2017, subject to the Reporting Person's continued service with the Issuer as of each vesting date.