GGV Capital V L.P.'s Form 4 filing
Poshmark, Inc. (POSH) · filed Aug 31, 2021
- Accession no.
- 0001209191-21-054183
- Filed
- Aug 31, 2021, 9:53 PM ET
- Trade date
- May 18-Aug 31, 2021
- Filing delay
- 105 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 10 non-derivative transactions and 2 derivative transactions. Open-market sales total $5.90M. It was filed 105 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| GGV Capital V L.P.CIK 0001605612 | 10% Owner |
| GGV Capital V Entrepreneurs Fund L.P.CIK 0001605614 | 10% Owner |
| GGV Capital V L.L.C.CIK 0001766305 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 18, 2021 | Class A Common Stock | CConversionAcquired | +181,470 | –F1 | – | 181,470 | Indirect | |
| May 18, 2021 | Class A Common Stock | CConversionAcquired | +4,944,697 | –F1 | – | 4,944,697 | Indirect | |
| Aug 27, 2021 | Class A Common Stock | SSaleDisposed | −2,142 | $28.52F4 | −$61,089.84 | 179,328 | Indirect | Duplicate filing |
| Aug 27, 2021 | Class A Common Stock | SSaleDisposed | −58,353 | $28.52F4 | −$1,664,227.56 | 4,886,344 | Indirect | Duplicate filing |
| Aug 30, 2021 | Class A Common Stock | SSaleDisposed | −1,507 | $28.64F5 | −$43,160.48 | 177,821 | Indirect | Duplicate filing |
| Aug 30, 2021 | Class A Common Stock | SSaleDisposed | −41,059 | $28.64F5 | −$1,175,929.76 | 4,845,285 | Indirect | Duplicate filing |
| Aug 30, 2021 | Class A Common Stock | SSaleDisposed | −1,721 | $29.25F6 | −$50,339.25 | 176,100 | Indirect | Duplicate filing |
| Aug 30, 2021 | Class A Common Stock | SSaleDisposed | −46,907 | $29.25F6 | −$1,372,029.75 | 4,798,378 | Indirect | Duplicate filing |
| Aug 31, 2021 | Class A Common Stock | SSaleDisposed | −1,876 | $28.88F7 | −$54,178.88 | 174,224 | Indirect | Duplicate filing |
| Aug 31, 2021 | Class A Common Stock | SSaleDisposed | −51,120 | $28.88F7 | −$1,476,345.6 | 4,747,258 | Indirect | Duplicate filing |
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 |
|---|---|---|---|---|---|---|---|---|
| May 18, 2021 | Class A Common Stock | CConversionDisposed | −181,470 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| May 18, 2021 | Class A Common Stock | CConversionDisposed | −4,944,697 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
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
Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration at the option of the Reporting Person and had no expiration date.
Referenced by the price of 2 transactions in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.80 to $28.76 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.
Referenced by the price of 2 transactions in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.85 to $28.83 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.
Referenced by the price of 2 transactions in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.85 to $29.50 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.
Referenced by the price of 2 transactions in Table I.
- F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.47 to $29.19 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.
Referenced by the price of 2 transactions in Table I.