Nakache Patricia's Form 4 filing
ThredUp Inc.TDUP · filed Jan 27, 2025
- Accession no.
- 0001415889-25-002152
- Filed
- Jan 27, 2025
- Trade date
- Jan 23-24, 2025
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Checked
This filing lists 12 non-derivative transactions and 6 derivative transactions. Open-market sales total $492.2K. 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.
| Owner | Relationship to the company |
|---|---|
| Nakache PatriciaCIK 0001597755 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 23, 2025 | Class A Common Stock | CConversionAcquired | +106,272 | $0.00F2 | $0 | 106,272 | Indirect | |
| Jan 23, 2025 | Class A Common Stock | CConversionAcquired | +616 | $0.00F2 | $0 | 1,052 | Indirect | |
| Jan 23, 2025 | Class A Common Stock | CConversionAcquired | +344 | $0.00F2 | $0 | 587 | Indirect | |
| Jan 23, 2025 | Class A Common Stock | SSaleDisposed | −106,272 | $2.10F4 | −$223,171.2 | 0 | Indirect | |
| Jan 23, 2025 | Class A Common Stock | SSaleDisposed | −1,052 | $2.10F4 | −$2,209.2 | 0 | Indirect | |
| Jan 23, 2025 | Class A Common Stock | SSaleDisposed | −587 | $2.10F4 | −$1,232.7 | 0 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | CConversionAcquired | +117,300 | $0.00F2 | $0 | 117,300 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | CConversionAcquired | +1,162 | $0.00F2 | $0 | 1,162 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | CConversionAcquired | +649 | $0.00F2 | $0 | 649 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | SSaleDisposed | −117,300 | $2.23F5 | −$261,579 | 0 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | SSaleDisposed | −1,162 | $2.23F5 | −$2,591.26 | 0 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | SSaleDisposed | −649 | $2.23F5 | −$1,447.27 | 0 | Indirect |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 23, 2025 | Class A Common Stock | CConversionDisposed | −106,272 | $0.00F7 | $0 | 4,711,033 | Indirect | |
| Jan 23, 2025 | Class A Common Stock | CConversionDisposed | −616 | $0.00F7 | $0 | 46,644 | Indirect | |
| Jan 23, 2025 | Class A Common Stock | CConversionDisposed | −344 | $0.00F7 | $0 | 26,036 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | CConversionDisposed | −117,300 | $0.00F7 | $0 | 4,593,733 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | CConversionDisposed | −1,162 | $0.00F7 | $0 | 45,482 | Indirect | |
| Jan 24, 2025 | Class A Common Stock | CConversionDisposed | −649 | $0.00F7 | $0 | 25,387 | Indirect |
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 $2.07 to $2.20 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 $2.08 to $2.29 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.