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Nakache Patricia's Form 4 filing

ThredUp Inc.TDUP · filed Jan 16, 2025

Accession no.
0001415889-25-001582
Filed
Jan 16, 2025
Trade date
Jan 14-16, 2025
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 18 non-derivative transactions and 9 derivative transactions. Open-market sales total $2.77M. 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
Jan 14, 2025Class A Common StockCConversionAcquired+615,995$0.00F2$0615,995Indirect
Jan 14, 2025Class A Common StockCConversionAcquired+5,342$0.00F2$06,099Indirect
Jan 14, 2025Class A Common StockCConversionAcquired+2,978$0.00F2$03,404Indirect
Jan 14, 2025Class A Common StockSSaleDisposed−615,995$1.95F4−$1,201,190.250Indirect
Jan 14, 2025Class A Common StockSSaleDisposed−6,099$1.95F4−$11,893.050Indirect
Jan 14, 2025Class A Common StockSSaleDisposed−3,404$1.95F4−$6,637.80Indirect
Jan 15, 2025Class A Common StockCConversionAcquired+502,373$0.00F2$0502,373Indirect
Jan 15, 2025Class A Common StockCConversionAcquired+4,973$0.00F2$04,973Indirect
Jan 15, 2025Class A Common StockCConversionAcquired+2,776$0.00F2$02,776Indirect
Jan 15, 2025Class A Common StockSSaleDisposed−502,373$2.18F5−$1,095,173.140Indirect
Jan 15, 2025Class A Common StockSSaleDisposed−4,973$2.18F5−$10,841.140Indirect
Jan 15, 2025Class A Common StockSSaleDisposed−2,776$2.18F5−$6,051.680Indirect
Jan 16, 2025Class A Common StockCConversionAcquired+192,368$0.00F2$0192,368Indirect
Jan 16, 2025Class A Common StockCConversionAcquired+1,905$0.00F2$01,905Indirect
Jan 16, 2025Class A Common StockCConversionAcquired+1,064$0.00F2$01,064Indirect
Jan 16, 2025Class A Common StockSSaleDisposed−192,368$2.26F6−$434,751.680Indirect
Jan 16, 2025Class A Common StockSSaleDisposed−1,905$2.26F6−$4,305.30Indirect
Jan 16, 2025Class A Common StockSSaleDisposed−1,064$2.26F6−$2,404.640Indirect

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
Jan 14, 2025Class A Common StockCConversionDisposed−615,995$0.00F8$06,058,627Indirect
Jan 14, 2025Class A Common StockCConversionDisposed−5,342$0.00F8$059,985Indirect
Jan 14, 2025Class A Common StockCConversionDisposed−2,978$0.00F8$033,483Indirect
Jan 15, 2025Class A Common StockCConversionDisposed−502,373$0.00F8$05,556,254Indirect
Jan 15, 2025Class A Common StockCConversionDisposed−4,973$0.00F8$055,012Indirect
Jan 15, 2025Class A Common StockCConversionDisposed−2,776$0.00F8$030,707Indirect
Jan 16, 2025Class A Common StockCConversionDisposed−192,368$0.00F8$05,363,886Indirect
Jan 16, 2025Class A Common StockCConversionDisposed−1,905$0.00F8$053,107Indirect
Jan 16, 2025Class A Common StockCConversionDisposed−1,064$0.00F8$029,643Indirect

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 $1.78 to $2.21 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 $2.00 to $2.37 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.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.13 to $2.41 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.

F8

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)