Form 4 for TDUP ThredUp Inc.
Accepted 2021-10-12 00:00:00 ET · period of report 2021-10-08 · accession 0000899243-21-039784 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-10-12 | 2021-10-08 | TDUP | GS INVESTMENT STRATEGIES, LLC | 10% | C - Cnv Deriv | — | +9.72M | 5.07M | New | — |
| DMI | 2021-10-12 | 2021-10-08 | TDUP | GS INVESTMENT STRATEGIES, LLC | 10% | C - Cnv Deriv | $0.00 | -9.72M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-10-08 | C | A | 4,646,977 | — | 4,646,977 | I See Footnote | — | — | (F1) On October 8, 2021, Global Private Opportunities Partners II LP ("GPOP II LP") converted 4,646,977 shares of Class B Common Stock for 4,646,977 shares of Class A Common Stock. (F2) These shares are held of record by GPOP II LP. GS Investment Strategies, LLC ("GSIS"), a limited liability company incorporated under the laws of Delaware, is the investment manager of GPOP II LP. GSIS disclaims beneficial ownership of all shares of Common Stock in excess of their pecuniary interest, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| 2 | Common | Class A Common Stock | 2021-10-08 | C | A | 5,071,228 | — | 5,071,228 | I See Footnote | — | — | (F3) On October 8, 2021, Global Private Opportunities Partners II Offshore Holdings LP ("GPOP II Offshore") converted 5,071,228 shares of Class B Common Stock for 5,071,228 shares of Class A Common Stock. (F4) These shares are held of record by GPOP II Offshore. GSIS is the investment advisor of GPOP II Offshore. GSIS disclaims beneficial ownership of all shares of Common Stock in excess of their pecuniary interest, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| 3 | Derivative | Class B Common Stock | 2021-10-08 | C | D | 4,646,977 | $0.00 | 0 | I See Footnote | — · — to — | 4,646,977 Class A Common Stock | (F2) These shares are held of record by GPOP II LP. GS Investment Strategies, LLC ("GSIS"), a limited liability company incorporated under the laws of Delaware, is the investment manager of GPOP II LP. GSIS disclaims beneficial ownership of all shares of Common Stock in excess of their pecuniary interest, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. (F5) 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. |
| 4 | Derivative | Class B Common Stock | 2021-10-08 | C | D | 5,071,228 | $0.00 | 0 | I See Footnote | — · — to — | 5,071,228 Class A Common Stock | (F4) These shares are held of record by GPOP II Offshore. GSIS is the investment advisor of GPOP II Offshore. GSIS disclaims beneficial ownership of all shares of Common Stock in excess of their pecuniary interest, if any, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. (F5) 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. |