Upfront IV Ancillary, L.P.'s Form 4 filing
ThredUp Inc. (TDUP) · filed Aug 2, 2021
- Accession no.
- 0001484778-21-000049
- Filed
- Aug 2, 2021, 7:21 PM ET
- Trade date
- Aug 2, 2021
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 4 derivative transactions. Open-market sales total $23.5M. It was filed on the trade date.
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 |
|---|---|
| Upfront IV Ancillary, L.P.CIK 0001686789 | 10% Owner |
| Upfront Ventures Management, LLCCIK 0001852894 | 10% Owner |
| Upfront IV Ancillary GP, LLCCIK 0001852952 | 10% Owner |
| Upfront Growth II, L.P.CIK 0001852953 | 10% Owner |
| Upfront Growth GP II, LLCCIK 0001852954 | 10% Owner |
| Upfront Growth I, L.P.CIK 0001852958 | 10% Owner |
| Upfront Growth GP I, LLCCIK 0001852959 | 10% Owner |
| Upfront GP IV, L.P.CIK 0001852962 | 10% Owner |
| Upfront IV, L.P.CIK 0001853198 | 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 2, 2021 | Class A Common Stock | CConversionAcquired | +171,414 | $0.00F1 | $0 | 171,414 | Indirect | Duplicate filing |
| Aug 2, 2021 | Class A Common Stock | CConversionAcquired | +257,121 | $0.00F1 | $0 | 257,121 | Indirect | Duplicate filing |
| Aug 2, 2021 | Class A Common Stock | CConversionAcquired | +553,526 | $0.00F1 | $0 | 553,526 | Indirect | Duplicate filing |
| Aug 2, 2021 | Class A Common Stock | CConversionAcquired | +31,751 | $0.00F1 | $0 | 31,751 | Indirect | Duplicate filing |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −171,414 | $23.16 | −$3,969,742.54 | 0 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −257,121 | $23.16 | −$5,954,613.81 | 0 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −553,526 | $23.16 | −$12,818,997.93 | 0 | Indirect | |
| Aug 2, 2021 | Class A Common Stock | SSaleDisposed | −31,751 | $23.16 | −$735,315.06 | 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 2, 2021 | Class A Common Stock | CConversionDisposed | −171,414 | $0.00 | $0 | 1,542,727 | Indirect | Duplicate filing |
| Aug 2, 2021 | Class A Common Stock | CConversionDisposed | −257,121 | $0.00 | $0 | 2,314,091 | Indirect | Duplicate filing |
| Aug 2, 2021 | Class A Common Stock | CConversionDisposed | −553,526 | $0.00 | $0 | 4,981,748 | Indirect | Duplicate filing |
| Aug 2, 2021 | Class A Common Stock | CConversionDisposed | −31,751 | $0.00 | $0 | 285,749 | Indirect | Duplicate filing |
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.
- F1
Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the holder in connection with the registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated July 28, 2021, which offering was consummated on August 2, 2021.
Referenced by the price of 4 transactions in Table I.