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Filing Details

Accession Number:: 0001415889-24-019869
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-07-22 17:03:56
Reporting Period:: 2024-07-18

Accepted Time:: 2024-07-22 17:03:56
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		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2024-07-18	62,577	$0.00	62,577	No	4	C	Indirect	By Trinity Ventures X, L.P.
Class A Common Stock	Acquisiton	2024-07-18	620	$0.00	620	No	4	C	Indirect	By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock	Acquisiton	2024-07-18	346	$0.00	346	No	4	C	Indirect	By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock	Disposition	2024-07-18	62,577	$2.05	0	No	4	S	Indirect	By Trinity Ventures X, L.P.
Class A Common Stock	Disposition	2024-07-18	620	$2.05	0	No	4	S	Indirect	By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock	Disposition	2024-07-18	346	$2.05	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class B Common Stock	Disposition	2024-07-18	62,577	$0.00	62,577	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-18	620	$0.00	620	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2024-07-18	346	$0.00	346	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
6,940,697	No	4	C	Indirect
68,718	No	4	C	Indirect
38,358	No	4	C	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	47	Indirect	By TVL Management Corp.
Class A Common Stock	240,438	Direct

Footnotes

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on March 15, 2024. The Reporting Person did not participate in the consideration or the adoption of the Rule 10b5-1 Plan.
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 $2.05 to $2.08 inclusive. The Reporting Person undertakes 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.