McDonald John Michael's Form 4/A amendment
AmendedPoshmark, Inc. (POSH) · filed Jan 6, 2022
- Accession no.
- 0001127602-22-001125
- Filed
- Jan 6, 2022
- Trade date
- Jan 5, 2022
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jan 6, 2022
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $63.3K. It was filed 1 day after the trade.
This amendment replaces 0001127602-22-001121 (filed Jan 6, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| McDonald John MichaelCIK 0001839146 | Officer (Chief Operating Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 5, 2022 | Class A Common Stock | SSaleDisposed | −3,964 | $15.97 | −$63,305.08 | 87,250 | Direct | |
| Jan 5, 2022 | Class A Common Stock | CConversionAcquired | +3,964 | $0.00 | $0 | 91,214 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 5, 2022 | Class A Common Stock | CConversionDisposed | −3,964 | $0.00 | $0 | 33,173 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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.
- F2
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.
Remarks
This amendment to Form 4 (this "Amendment") is filed solely to correct Column 5 of Table 1 in the Form 4 filed by the Reporting Person on January 6, 2022 (the "Original Form 4"). The Original Form 4 inadvertently included an incorrect amount of securities beneficially owned following the reported transactions. This Amendment corrects the error. All other information in the Original Form 4 remains unchanged.