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Nakache Patricia's Form 4 filing

ThredUp Inc. (TDUP) · filed May 7, 2024

Accession no.
0001415889-24-012503
Filed
May 7, 2024
Trade date
May 3-7, 2024
Filing delay
4 days
Rule 10b5-1 plan
Checked

This filing lists 18 non-derivative transactions and 9 derivative transactions. Open-market sales total $813.5K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Nakache PatriciaCIK 0001597755Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 3, 2024Class A Common StockCConversionAcquired+295$0.00F2$0295Indirect
May 3, 2024Class A Common StockCConversionAcquired+3$0.00F2$03Indirect
May 3, 2024Class A Common StockCConversionAcquired+2$0.00F2$02Indirect
May 3, 2024Class A Common StockSSaleDisposed−295$1.80−$5310Indirect
May 3, 2024Class A Common StockSSaleDisposed−3$1.80−$5.40Indirect
May 3, 2024Class A Common StockSSaleDisposed−2$1.80−$3.60Indirect
May 6, 2024Class A Common StockCConversionAcquired+108,264$0.00F2$0108,264Indirect
May 6, 2024Class A Common StockCConversionAcquired+1,072$0.00F2$01,072Indirect
May 6, 2024Class A Common StockCConversionAcquired+598$0.00F2$0598Indirect
May 6, 2024Class A Common StockSSaleDisposed−108,264$1.91F4−$206,784.240Indirect
May 6, 2024Class A Common StockSSaleDisposed−1,072$1.91F4−$2,047.520Indirect
May 6, 2024Class A Common StockSSaleDisposed−598$1.91F4−$1,142.180Indirect
May 7, 2024Class A Common StockCConversionAcquired+309,263$0.00F2$0309,263Indirect
May 7, 2024Class A Common StockCConversionAcquired+3,062$0.00F2$03,062Indirect
May 7, 2024Class A Common StockCConversionAcquired+1,709$0.00F2$01,709Indirect
May 7, 2024Class A Common StockSSaleDisposed−309,263$1.92F4−$593,784.960Indirect
May 7, 2024Class A Common StockSSaleDisposed−3,062$1.92F4−$5,879.040Indirect
May 7, 2024Class A Common StockSSaleDisposed−1,709$1.92F4−$3,281.280Indirect

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
May 3, 2024Class A Common StockCConversionDisposed−295$0.00F6$08,295,981Indirect
May 3, 2024Class A Common StockCConversionDisposed−3$0.00F6$082,137Indirect
May 3, 2024Class A Common StockCConversionDisposed−2$0.00F6$045,849Indirect
May 6, 2024Class A Common StockCConversionDisposed−108,264$0.00F6$08,187,717Indirect
May 6, 2024Class A Common StockCConversionDisposed−1,072$0.00F6$081,065Indirect
May 6, 2024Common StockCConversionDisposed−598$0.00F6$045,251Indirect
May 7, 2024Class A Common StockCConversionDisposed−309,263$0.00F6$07,878,454Indirect
May 7, 2024Class A Common StockCConversionDisposed−3,062$0.00F6$078,003Indirect
May 7, 2024Class A Common StockCConversionDisposed−1,709$0.00F6$043,542Indirect

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.

F2

Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration.

Referenced by the price of 9 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 $1.80 to $1.99 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 6 transactions in Table I.

F6

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.

Referenced by the price of 9 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)