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Nakache Patricia's Form 4 filing

ThredUp Inc.TDUP · filed Mar 20, 2025

Accession no.
0001415889-25-008717
Filed
Mar 20, 2025
Trade date
Mar 18-20, 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 $739.3K. 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
Mar 18, 2025Class A Common StockCConversionAcquired+48,262$0.00F2$048,262Indirect
Mar 18, 2025Class A Common StockCConversionAcquired+478$0.00F2$0478Indirect
Mar 18, 2025Class A Common StockCConversionAcquired+267$0.00F2$0267Indirect
Mar 18, 2025Class A Common StockSSaleDisposed−48,262$2.24F4−$108,106.880Indirect
Mar 18, 2025Class A Common StockSSaleDisposed−478$2.24F4−$1,070.720Indirect
Mar 18, 2025Class A Common StockSSaleDisposed−267$2.24F4−$598.080Indirect
Mar 19, 2025Class A Common StockCConversionAcquired+165,638$0.00F2$0165,638Indirect
Mar 19, 2025Class A Common StockCConversionAcquired+1,639$0.00F2$01,639Indirect
Mar 19, 2025Class A Common StockCConversionAcquired+915$0.00F2$0915Indirect
Mar 19, 2025Class A Common StockSSaleDisposed−165,638$2.40F5−$397,531.20Indirect
Mar 19, 2025Class A Common StockSSaleDisposed−1,639$2.40F5−$3,933.60Indirect
Mar 19, 2025Class A Common StockSSaleDisposed−915$2.40F5−$2,1960Indirect
Mar 20, 2025Class A Common StockCConversionAcquired+89,686$0.00F2$089,686Indirect
Mar 20, 2025Class A Common StockCConversionAcquired+888$0.00F2$0888Indirect
Mar 20, 2025Class A Common StockCConversionAcquired+496$0.00F2$0496Indirect
Mar 20, 2025Class A Common StockSSaleDisposed−89,686$2.48F6−$222,421.280Indirect
Mar 20, 2025Class A Common StockSSaleDisposed−888$2.48F6−$2,202.240Indirect
Mar 20, 2025Class A Common StockSSaleDisposed−496$2.48F6−$1,230.080Indirect

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
Mar 18, 2025Class A Common StockCConversionDisposed−48,262$0.00F8$02,113,188Indirect
Mar 18, 2025Class A Common StockCConversionDisposed−478$0.00F8$020,923Indirect
Mar 18, 2025Class A Common StockCConversionDisposed−267$0.00F8$011,677Indirect
Mar 19, 2025Class A Common StockCConversionDisposed−165,638$0.00F8$01,947,550Indirect
Mar 19, 2025Class A Common StockCConversionDisposed−1,639$0.00F8$019,284Indirect
Mar 19, 2025Class A Common StockCConversionDisposed−915$0.00F8$010,762Indirect
Mar 20, 2025Class A Common StockCConversionDisposed−89,686$0.00F8$01,857,864Indirect
Mar 20, 2025Class A Common StockCConversionDisposed−888$0.00F8$018,396Indirect
Mar 20, 2025Class A Common StockCConversionDisposed−496$0.00F8$010,266Indirect

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 $2.19 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.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.26 to $2.48 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 $2.39 to $2.57 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)