Home > Insider Trading > Filing (0001127602-21-021641)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1825480	Poshmark Inc.	POSH	Retail-Catalog & Mail-Order Houses (5961)	274827616

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1838920	Anan Kashyap	C/O Poshmark, Inc. 203 Redwood Shores Parkway Redwood City CA 94065	Chief Financial Officer	No	Yes	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	2021-07-01	6,087	$0.00	58,833	No	4	C	Direct
Class A Common Stock	Disposition	2021-07-02	6,087	$43.96	52,746	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Restricted Stock Units	Disposition	2021-07-01	11,305	$0.00	11,305	$0.00
Class A Common Stock	Class B Common Stock	Acquisiton	2021-07-01	11,305	$0.00	11,305	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2021-07-01	6,087	$0.00	6,087	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
124,362	2027-08-19	No	4	M	Direct
270,814		No	4	M	Direct
264,727		No	4	C	Direct

Footnotes

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class B Common Stock.
The RSUs are subject to time- and performance-based vesting. The units shall satisfy the time-based vesting as to 25% of the units on April 1, 2021 and as to the remainder in 12 quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The performance-based vesting condition was satisfied upon the Issuer's initial public offering (as defined in the Issuer's 2011 Stock Option and Grant Plan).
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.