Filing Details

Accession Number:
0001484778-21-000048
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-02 19:18:52
Reporting Period:
2021-08-02
Accepted Time:
2021-08-02 19:18:52
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
1201583 M Timothy Haley 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 2021-08-02 1,043,885 $0.00 1,043,885 No 4 C Indirect By Redpoint Ventures IV, L.P.
Class A Common Stock Acquisiton 2021-08-02 26,766 $0.00 26,766 No 4 C Indirect By Redpoint Associates IV, LLC
Class A Common Stock Disposition 2021-08-02 1,043,885 $23.16 0 No 4 S Indirect By Redpoint Ventures IV, L.P.
Class A Common Stock Disposition 2021-08-02 26,766 $23.16 0 No 4 S Indirect By Redpoint Associates IV, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Redpoint Ventures IV, L.P.
No 4 C Indirect By Redpoint Associates IV, LLC
No 4 S Indirect By Redpoint Ventures IV, L.P.
No 4 S Indirect By Redpoint Associates IV, LLC
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 1,043,885 $0.00 1,043,885 $0.00
Class A Common Stock Class B Common Stock Disposition 2021-08-02 26,766 $0.00 26,766 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,394,981 No 4 C Indirect
240,896 No 4 C Indirect
Footnotes
  1. 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.
  2. Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. The Reporting Person is a manager of RV IV LLC and RA IV, and disclaims beneficial ownership of the securities held by RV IV and RA IV, except to the extent of his pecuniary interest therein.
  3. 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, RV IV sold 1,043,885 shares of Class A Common Stock and RA IV sold 26,766 shares of Class A Common Stock, each at a price per share of $23.1588 (after underwriting discounts and commissions). RV IV and RA IV were selling stockholders in the registered public offering.
  4. 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.