Menlo Ventures XI, L.P.'s Form 4 filing
Poshmark, Inc. (POSH) · filed Aug 3, 2021
- Accession no.
- 0001209191-21-049515
- Filed
- Aug 3, 2021, 9:25 PM ET
- Trade date
- Jul 30-Aug 3, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 20 non-derivative transactions and 4 derivative transactions. Open-market sales total $4.96M. It was filed 4 days after the trade.
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 |
|---|---|
| Menlo Ventures XI, L.P.CIK 0001503555 | 10% Owner |
| MV Management XI, L.L.C.CIK 0001503556 | 10% Owner |
| Mmef XI, L.P.CIK 0001503558 | 10% Owner |
| Menlo Special Opportunities Fund, L.P.CIK 0001672662 | 10% Owner |
| Msop GP, L.L.C.CIK 0001672666 | 10% Owner |
| Mmsop, L.P.CIK 0001674252 | 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Jul 30, 2021 | Class A Common Stock | CConversionAcquired | +186,245 | $0.00 | $0 | 186,245 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | CConversionAcquired | +4,826,295 | $0.00 | $0 | 4,826,295 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | CConversionAcquired | +289,412 | $0.00 | $0 | 289,412 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | CConversionAcquired | +4,706 | $0.00 | $0 | 4,706 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | JOtherDisposed | −186,245 | $0.00 | $0 | 0 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | JOtherDisposed | −4,826,295 | $0.00 | $0 | 0 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | JOtherDisposed | −693,032 | $0.00 | $0 | 693,032 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | JOtherDisposed | −693,032 | $0.00 | $0 | 0 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −28,551 | $36.71F9 | −$1,048,107.21 | 260,861 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −463 | $36.71F9 | −$16,996.73 | 4,243 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −24,008 | $37.71F10 | −$905,341.68 | 236,853 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −392 | $37.71F10 | −$14,782.32 | 3,851 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −20,486 | $38.51F11 | −$788,915.86 | 216,367 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −333 | $38.51F11 | −$12,823.83 | 3,518 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −99 | $39.33F12 | −$3,893.67 | 216,268 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −1 | $39.33F12 | −$39.33 | 3,517 | Indirect | |
| Aug 3, 2021 | Class A Common Stock | SSaleDisposed | −48,741 | $36.50F13 | −$1,779,046.5 | 167,527 | Indirect | |
| Aug 3, 2021 | Class A Common Stock | SSaleDisposed | −793 | $36.50F13 | −$28,944.5 | 2,724 | Indirect | |
| Aug 3, 2021 | Class A Common Stock | SSaleDisposed | −9,618 | $37.12F14 | −$357,020.16 | 157,909 | Indirect | |
| Aug 3, 2021 | Class A Common Stock | SSaleDisposed | −156 | $37.12F14 | −$5,790.72 | 2,568 | Indirect |
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 |
|---|---|---|---|---|---|---|---|---|
| Jul 30, 2021 | Class A Common Stock | CConversionDisposed | −186,245 | $0.00 | $0 | 186,245 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | CConversionDisposed | −4,826,295 | $0.00 | $0 | 4,826,564 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | CConversionDisposed | −289,412 | $0.00 | $0 | 0 | Indirect | |
| Jul 30, 2021 | Class A Common Stock | CConversionDisposed | −4,706 | $0.00 | $0 | 0 | Indirect |
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.
- F9
Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $36.16 - $37.14 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 2 transactions in Table I.
- F10
Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $37.17 - $38.16 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 2 transactions in Table I.
- F11
Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $38.20 - $39.16 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 2 transactions in Table I.
- F12
All shares were sold at this price.
Referenced by the price of 2 transactions in Table I.
- F13
Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $36.01 - $37.00 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 2 transactions in Table I.
- F14
Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $37.01 - $37.27 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 2 transactions in Table I.