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Nakache Patricia's Form 4 filing

ThredUp Inc.TDUP · filed Jan 22, 2025

Accession no.
0001415889-25-001892
Filed
Jan 22, 2025
Trade date
Jan 17-22, 2025
Filing delay
5 days
Rule 10b5-1 plan
Checked

This filing lists 18 non-derivative transactions and 9 derivative transactions. Open-market sales total $1.26M. It was filed 5 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 17, 2025Class A Common StockCConversionAcquired+261,546$0.00F2$0261,546Indirect
Jan 17, 2025Class A Common StockCConversionAcquired+2,589$0.00F2$02,589Indirect
Jan 17, 2025Class A Common StockCConversionAcquired+1,445$0.00F2$01,445Indirect
Jan 17, 2025Class A Common StockSSaleDisposed−261,546$2.28F4−$596,324.880Indirect
Jan 17, 2025Class A Common StockSSaleDisposed−2,589$2.28F4−$5,902.920Indirect
Jan 17, 2025Class A Common StockSSaleDisposed−1,445$2.28F4−$3,294.60Indirect
Jan 21, 2025Class A Common StockCConversionAcquired+164,493$0.00F2$0164,493Indirect
Jan 21, 2025Class A Common StockCConversionAcquired+1,629$0.00F2$01,629Indirect
Jan 21, 2025Class A Common StockCConversionAcquired+909$0.00F2$0909Indirect
Jan 21, 2025Class A Common StockSSaleDisposed−164,493$2.26F5−$371,754.180Indirect
Jan 21, 2025Class A Common StockSSaleDisposed−1,629$2.26F5−$3,681.540Indirect
Jan 21, 2025Class A Common StockSSaleDisposed−909$2.26F5−$2,054.340Indirect
Jan 22, 2025Class A Common StockCConversionAcquired+120,542$0.00F2$0120,542Indirect
Jan 22, 2025Class A Common StockCConversionAcquired+1,629$0.00F2$01,629Indirect
Jan 22, 2025Class A Common StockCConversionAcquired+909$0.00F2$0909Indirect
Jan 22, 2025Class A Common StockSSaleDisposed−120,542$2.26F6−$272,424.920Indirect
Jan 22, 2025Class A Common StockSSaleDisposed−1,629$2.26F6−$3,681.54436Indirect
Jan 22, 2025Class A Common StockSSaleDisposed−666$2.26F6−$1,505.16243Indirect

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 17, 2025Class A Common StockCConversionDisposed−261,546$0.00F8$05,102,340Indirect
Jan 17, 2025Class A Common StockCConversionDisposed−2,589$0.00F8$050,518Indirect
Jan 17, 2025Class A Common StockCConversionDisposed−1,445$0.00F8$028,198Indirect
Jan 21, 2025Class A Common StockCConversionDisposed−164,493$0.00F8$04,937,847Indirect
Jan 21, 2025Class A Common StockCConversionDisposed−1,629$0.00F8$048,889Indirect
Jan 21, 2025Class A Common StockCConversionDisposed−909$0.00F8$027,289Indirect
Jan 22, 2025Class A Common StockCConversionDisposed−120,542$0.00F8$04,817,305Indirect
Jan 22, 2025Class A Common StockCConversionDisposed−1,629$0.00F8$047,260Indirect
Jan 22, 2025Class A Common StockCConversionDisposed−909$0.00F8$026,380Indirect

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 $2.20 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.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.06 to $2.35 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 $2.15 to $2.40 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)