Filing Details
- Accession Number:
- 0001484778-21-000045
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-02 19:04:09
- Reporting Period:
- 2021-08-02
- Accepted Time:
- 2021-08-02 19:04:09
- 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 |
|---|---|---|---|---|---|---|---|
| 1228023 | Ajay Chopra | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | No | |
| 1231094 | K Lawrence Orr | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | No | |
| 1290449 | J Noel Fenton | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | No | |
| 1456065 | Trinity Ventures X Lp | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | No | |
| 1459208 | Trinity X Side-By-Side Fund, L.p. | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | No | |
| 1461710 | Trinity Tvl X, Llc | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | No | |
| 1461716 | Trinity X Entrepreneurs' Fund, L.p. | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | No | |
| 1597755 | Patricia Nakache | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | Yes | No | Yes | No | |
| 1605660 | C. Nina Labatt | 325 Sharon Park Dr., #458 Menlo Park CA 94025 | No | No | Yes | 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 | 2021-08-02 | 1,056,423 | $0.00 | 1,056,423 | No | 4 | C | Indirect | By Trinity Ventures X, L.P. |
| Class A Common Stock | Acquisiton | 2021-08-02 | 10,459 | $0.00 | 10,459 | No | 4 | C | Indirect | By Trinity X Entrepreneurs' Fund, L.P. |
| Class A Common Stock | Acquisiton | 2021-08-02 | 5,838 | $0.00 | 5,838 | No | 4 | C | Indirect | By Trinity X Side-By-Side Fund, L.P. |
| Class A Common Stock | Disposition | 2021-08-02 | 1,056,423 | $23.16 | 0 | No | 4 | S | Indirect | By Trinity Ventures X, L.P. |
| Class A Common Stock | Disposition | 2021-08-02 | 10,459 | $23.16 | 0 | No | 4 | S | Indirect | By Trinity X Entrepreneurs' Fund, L.P. |
| Class A Common Stock | Disposition | 2021-08-02 | 5,838 | $23.16 | 0 | No | 4 | S | Indirect | By Trinity X Side-By-Side Fund, L.P. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Trinity Ventures X, L.P. |
| No | 4 | C | Indirect | By Trinity X Entrepreneurs' Fund, L.P. |
| No | 4 | C | Indirect | By Trinity X Side-By-Side Fund, L.P. |
| No | 4 | S | Indirect | By Trinity Ventures X, L.P. |
| No | 4 | S | Indirect | By Trinity X Entrepreneurs' Fund, L.P. |
| No | 4 | S | Indirect | By Trinity X Side-By-Side Fund, L.P. |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2021-08-02 | 1,056,423 | $0.00 | 1,056,423 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-08-02 | 10,459 | $0.00 | 10,459 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-08-02 | 5,838 | $0.00 | 5,838 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 9,507,815 | No | 4 | C | Indirect | ||
| 94,131 | No | 4 | C | Indirect | ||
| 52,545 | No | 4 | C | Indirect |
Footnotes
- Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the holder in connection with the registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated July 28, 2021, which offering was consummated on August 2, 2021.
- Trinity TVL X, LLC is the General Partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the Trinity Entities), and the Management Members of Trinity TVL X, LLC share voting and dispositive power over the shares held by each of the Trinity Entities. The Management Members of Trinity TVL X, LLC are Ajay Chopra, Noel Fenton, Nina Labatt, Patricia Nakache and Larry Orr. Each of Trinity TVL X, LLC, Mr. Chopra, Mr. Fenton, Ms. Labatt and Mr. Orr disclaims beneficial ownership of the shares reported herein except to the extent of his, her or its respective pecuniary interest therein. Ms. Nakache is a director of the Issuer and files separate Section 16 reports.
- Pursuant to an underwriting agreement and in connection with the registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated July 28, 2021, which offering was consummated on August 2, 2021, Trinity Ventures X, L.P. sold 1,056,423 shares of Class A Common Stock, Trinity X Entrepreneurs' Fund, L.P. sold 10,459 shares of Class A Common Stock and Trinity X Side-By-Side Fund, L.P. sold 5,838 shares of Class A Common Stock, each at a price per share of $23.1588 (after underwriting discounts and commissions). The Trinity Entities were selling stockholders in the registered public offering.
- 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.
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