Reinhart James G.'s Form 4 filing
ThredUp Inc. (TDUP) · filed Dec 1, 2021
- Accession no.
- 0001484778-21-000135
- Filed
- Dec 1, 2021
- Trade date
- Oct 28-Nov 29, 2021
- Filing delay
- 34 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions and 8 derivative transactions. Open-market sales total $191.1K. It was filed 34 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Reinhart James G.CIK 0001849447 | Director, Officer (Chief Executive Officer) |
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 29, 2021 | Class A Common Stock | CConversionAcquired | +10,000 | $0.00F1 | $0 | 10,000 | Indirect | |
| Nov 29, 2021 | Class A Common Stock | SSaleDisposed | −5,857 | $17.81F4 | −$104,313.17 | 4,143 | Indirect | |
| Nov 29, 2021 | Class A Common Stock | SSaleDisposed | −4,143 | $18.38F5 | −$76,148.34 | 0 | Indirect | |
| Nov 29, 2021 | Class A Common Stock | CConversionAcquired | +600 | $0.00F1 | $0 | 600 | Indirect | |
| Nov 29, 2021 | Class A Common Stock | SSaleDisposed | −600 | $17.66F7 | −$10,596 | 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 |
|---|---|---|---|---|---|---|---|---|
| Oct 28, 2021 | Class A Common Stock | GGiftDisposed | −11,030 | $0.00F8 | $0 | 233,970 | Indirect | |
| Oct 28, 2021 | Class A Common Stock | GGiftAcquired | +11,030 | $0.00F8 | $0 | 2,371,364 | Indirect | |
| Oct 28, 2021 | Class A Common Stock | GGiftDisposed | −13,461 | $0.00F10 | $0 | 28,838 | Indirect | |
| Oct 28, 2021 | Class A Common Stock | GGiftAcquired | +13,461 | $0.00F10 | $0 | 2,384,825 | Indirect | |
| Oct 28, 2021 | Class A Common Stock | GGiftDisposed | −28,838 | $0.00F12 | $0 | 0 | Indirect | |
| Oct 28, 2021 | Class A Common Stock | GGiftAcquired | +28,838 | $0.00F12 | $0 | 328,838 | Indirect | |
| Nov 29, 2021 | Class A Common Stock | CConversionDisposed | −10,000 | $0.00 | $0 | 2,374,825 | Indirect | |
| Nov 29, 2021 | Class A Common Stock | CConversionDisposed | −600 | $0.00 | $0 | 116,700 | 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 2 transactions in Table I.
- F4
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.07 to $18.01 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.
- F5
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.19 to $18.71 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 $17.31 to $18.00 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.
- F8
On October 28, 2021, the 2020 Costanoa Trust transferred 11,030 shares of the Issuer's Class B Common Stock to the 2015 Costanoa Trust. This was a bona fide gift with no payment in consideration.
Referenced by the price of 2 transactions in Table II.
- F10
On October 28, 2021, the 2019 Costanoa Trust transferred 13,461 shares of the Issuer's Class B Common Stock to the 2015 Costanoa Trust. This was a bona fide gift with no payment in consideration.
Referenced by the price of 2 transactions in Table II.
- F12
On October 28, 2021, the 2019 Costanoa Trust transferred 28,838 shares of the Issuer's Class B Common Stock to James Reinhart and Michele Reinhart as Trustees of The Costanoa 2017 Irrevocable GST Trust (the "2017 Costanoa Trust"). This was a bona fide gift with no payment in consideration.
Referenced by the price of 2 transactions in Table II.