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Nakache Patricia's Form 4 filing

ThredUp Inc. (TDUP) · filed May 17, 2024

Accession no.
0001415889-24-013480
Filed
May 17, 2024
Trade date
May 15-16, 2024
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 12 non-derivative transactions and 6 derivative transactions. Open-market sales total $453.2K. It was filed 2 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 15, 2024Class A Common StockCConversionAcquired+184,686$0.00F2$0184,686Indirect
May 15, 2024Class A Common StockCConversionAcquired+1,829$0.00F2$01,829Indirect
May 15, 2024Class A Common StockCConversionAcquired+1,020$0.00F2$01,020Indirect
May 15, 2024Class A Common StockSSaleDisposed−184,686$2.02F4−$373,065.720Indirect
May 15, 2024Class A Common StockSSaleDisposed−1,829$2.02F4−$3,694.580Indirect
May 15, 2024Class A Common StockSSaleDisposed−1,020$2.02F4−$2,060.40Indirect
May 16, 2024Class A Common StockCConversionAcquired+35,740$0.00F2$035,740Indirect
May 16, 2024Class A Common StockCConversionAcquired+354$0.00F2$0354Indirect
May 16, 2024Class A Common StockCConversionAcquired+198$0.00F2$0198Indirect
May 16, 2024Class A Common StockSSaleDisposed−35,740$2.05F5−$73,2670Indirect
May 16, 2024Class A Common StockSSaleDisposed−354$2.05F5−$725.70Indirect
May 16, 2024Class A Common StockSSaleDisposed−198$2.05F5−$405.90Indirect

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 15, 2024Class A Common StockCConversionDisposed−184,686$0.00F7$07,372,550Indirect
May 15, 2024Class A Common StockCConversionDisposed−1,829$0.00F7$072,994Indirect
May 15, 2024Class A Common StockCConversionDisposed−1,020$0.00F7$040,746Indirect
May 16, 2024Class A Common StockCConversionDisposed−35,740$0.00F7$07,336,810Indirect
May 16, 2024Class A Common StockCConversionDisposed−354$0.00F7$072,640Indirect
May 16, 2024Class A Common StockCConversionDisposed−198$0.00F7$040,548Indirect

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 6 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 $1.97 to $2.06 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 $2.05 to $2.06 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.

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 6 transactions in Table II.

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