Filing Details
- Accession Number:
- 0001209191-23-045455
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-11 16:55:58
- Reporting Period:
- 2023-08-09
- Accepted Time:
- 2023-08-11 16:55:58
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1484778 | Thredup Inc. | TDUP | Retail-Catalog & Mail-Order Houses (5961) | 264009181 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1597755 | Patricia Nakache | C/O Trinity Ventures 325 Sharon Park Dr., #458 Menlo Park CA 94025 | Yes | 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 | 2023-08-09 | 196,960 | $0.00 | 196,960 | No | 4 | C | Indirect | By Trinity Ventures X, L.P. |
| Class A Common Stock | Acquisiton | 2023-08-09 | 1,948 | $0.00 | 1,948 | No | 4 | C | Indirect | By Trinity X Entrepreneurs' Fund, L.P. |
| Class A Common Stock | Acquisiton | 2023-08-09 | 1,088 | $0.00 | 1,088 | No | 4 | C | Indirect | By Trinity X Side-By-Side Fund, L.P. |
| Class A Common Stock | Disposition | 2023-08-09 | 196,960 | $3.88 | 0 | No | 4 | S | Indirect | By Trinity Ventures X, L.P. |
| Class A Common Stock | Disposition | 2023-08-09 | 1,948 | $3.88 | 0 | No | 4 | S | Indirect | By Trinity X Entrepreneurs' Fund, L.P. |
| Class A Common Stock | Disposition | 2023-08-09 | 1,088 | $3.88 | 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 | 2023-08-09 | 196,960 | $0.00 | 196,960 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2023-08-09 | 1,948 | $0.00 | 1,948 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2023-08-09 | 1,088 | $0.00 | 1,088 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,296,276 | No | 4 | C | Indirect | ||
| 82,140 | No | 4 | C | Indirect | ||
| 45,851 | No | 4 | C | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 47 | Direct | |
| Class A Common Stock | 139,405 | Direct |
Footnotes
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 9, 2023.
- Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration.
- The Reporting Person is a Management Member of Trinity TVL X, LLC, 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 Funds"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Funds. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.74 to $4.02 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The Reporting Person is an executive officer and director of TVL Management Corp and shares voting and dispositive power over the shares held by TVL Management Corp. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein.
- 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.
Billionaire Hedge Funds
