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Nakache Patricia's Form 4 filing

ThredUp Inc. (TDUP) · filed May 14, 2024

Accession no.
0001415889-24-013165
Filed
May 14, 2024
Trade date
May 10-14, 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 $665.3K. 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 10, 2024Class A Common StockCConversionAcquired+147,058$0.00F2$0147,058Indirect
May 10, 2024Class A Common StockCConversionAcquired+1,456$0.00F2$01,456Indirect
May 10, 2024Class A Common StockCConversionAcquired+813$0.00F2$0813Indirect
May 10, 2024Class A Common StockSSaleDisposed−147,058$2.05F4−$301,468.90Indirect
May 10, 2024Class A Common StockSSaleDisposed−1,456$2.05F4−$2,984.80Indirect
May 10, 2024Class A Common StockSSaleDisposed−813$2.05F4−$1,666.650Indirect
May 13, 2024Class A Common StockCConversionAcquired+74,074$0.00F2$074,074Indirect
May 13, 2024Class A Common StockCConversionAcquired+733$0.00F2$0733Indirect
May 13, 2024Class A Common StockCConversionAcquired+410$0.00F2$0410Indirect
May 13, 2024Class A Common StockSSaleDisposed−74,074$2.06F5−$152,592.440Indirect
May 13, 2024Class A Common StockSSaleDisposed−733$2.06F5−$1,509.980Indirect
May 13, 2024Class A Common StockSSaleDisposed−410$2.06F5−$844.60Indirect
May 14, 2024Class A Common StockCConversionAcquired+100,086$0.00F2$0100,086Indirect
May 14, 2024Class A Common StockCConversionAcquired+991$0.00F2$0991Indirect
May 14, 2024Class A Common StockCConversionAcquired+553$0.00F2$0553Indirect
May 14, 2024Class A Common StockSSaleDisposed−100,086$2.01F5−$201,172.860Indirect
May 14, 2024Class A Common StockSSaleDisposed−991$2.01F5−$1,991.910Indirect
May 14, 2024Class A Common StockSSaleDisposed−553$2.01F5−$1,111.530Indirect

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 10, 2024Class A Common StockCConversionDisposed−147,058$0.00F7$07,731,396Indirect
May 10, 2024Class A Common StockCConversionDisposed−1,456$0.00F7$076,547Indirect
May 10, 2024Class A Common StockCConversionDisposed−813$0.00F7$042,729Indirect
May 13, 2024Class A Common StockCConversionDisposed−74,074$0.00F7$07,657,322Indirect
May 13, 2024Class A Common StockCConversionDisposed−733$0.00F7$075,814Indirect
May 13, 2024Common StockCConversionDisposed−410$0.00F7$042,319Indirect
May 14, 2024Class A Common StockCConversionDisposed−100,086$0.00F7$07,557,236Indirect
May 14, 2024Class A Common StockCConversionDisposed−991$0.00F7$074,823Indirect
May 14, 2024Class A Common StockCConversionDisposed−553$0.00F7$041,766Indirect

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 $2.05 to $2.07 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 3 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 $1.97 to $2.13 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.

F7

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)