Bettinelli Greg's Form 4 filing
ThredUp Inc. (TDUP) · filed Nov 12, 2021
- Accession no.
- 0001484778-21-000126
- Filed
- Nov 12, 2021
- Trade date
- Nov 9-10, 2021
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 11 non-derivative transactions and 4 derivative transactions. Open-market sales total $389.1K. It was filed 3 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 |
|---|---|
| Bettinelli GregCIK 0001583198 | 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 9, 2021 | Class A Common Stock | CConversionAcquired | +371,973 | $0.00F1 | $0 | 371,973 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | CConversionAcquired | +557,960 | $0.00F1 | $0 | 557,960 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | CConversionAcquired | +1,201,169 | $0.00F1 | $0 | 1,201,169 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | CConversionAcquired | +68,898 | $0.00F1 | $0 | 68,898 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | JOtherDisposed | −338,157 | $0.00 | $0 | 33,816 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | JOtherDisposed | −507,236 | $0.00 | $0 | 50,724 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | JOtherDisposed | −1,091,972 | $0.00 | $0 | 109,197 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | JOtherDisposed | −62,635 | $0.00 | $0 | 6,263 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | JOtherAcquired | +30,637 | $0.00F4 | $0 | 30,637 | Direct | |
| Nov 10, 2021 | Class A Common Stock | SSaleDisposed | −19,028 | $19.48F6 | −$370,665.44 | 11,609 | Direct | |
| Nov 10, 2021 | Class A Common Stock | SSaleDisposed | −972 | $19.01F7 | −$18,477.72 | 10,637 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Nov 9, 2021 | Class A Common Stock | CConversionDisposed | −371,973 | $0.00 | $0 | 1,170,754 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | CConversionDisposed | −557,960 | $0.00 | $0 | 1,756,131 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | CConversionDisposed | −1,201,169 | $0.00 | $0 | 3,780,579 | Indirect | |
| Nov 9, 2021 | Class A Common Stock | CConversionDisposed | −68,898 | $0.00 | $0 | 216,851 | 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.
- F1
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 4 transactions in Table I.
- F4
Represents (i) 3,354 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront Growth I for no consideration on November 9, 2021, (ii) 2,270 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront Growth II for no consideration on November 9, 2021, (iii) 24,889 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront IV for no consideration on November 9, 2021, and (iv) 124 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront IV Ancillary. for no consideration on November 9, 2021. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-9 and 16a-13 of the Securities Exchange Act of 1934, as amended.
Referenced by the price of 1 transaction in Table I.
- F6
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.25 to $19.65 per share. 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 1 transaction in Table I.
- F7
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.03 per share. 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 1 transaction in Table I.