Form 4 for TDUP ThredUp Inc.
Accepted 2021-08-02 00:00:00 ET · period of report 2021-08-02 · accession 0001484778-21-000046 · 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 | 2021-08-02 | 2021-08-02 | TDUP | Nakache Patricia | Dir, 10% | C - Cnv Deriv | $0.00 | +1.07M | 5,838 | New | $0 |
| DMI | 2021-08-02 | 2021-08-02 | TDUP | Nakache Patricia | Dir, 10% | S - Sale | $23.16 | -1.07M | 0 | -100% | -$24.84M |
| DMI | 2021-08-02 | 2021-08-02 | TDUP | Nakache Patricia | Dir, 10% | C - Cnv Deriv | $0.00 | -1.07M | 94.1K | -92% | $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 | 2021-08-02 | C | A | 1,056,423 | $0.00 | 1,056,423 | I By Trinity Ventures X, L.P. | — | — | (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. (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2021-08-02 | C | A | 10,459 | $0.00 | 10,459 | I By Trinity X Entrepreneurs' Fund, L.P. | — | — | (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. (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. |
| 3 | Common | Class A Common Stock | 2021-08-02 | S | D | 5,838 | $23.16 | 0 | I By Trinity X Side-By-Side Fund, L.P. | — | — | (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. |
| 4 | Common | Class A Common Stock | 2021-08-02 | S | D | 1,056,423 | $23.16 | 0 | I By Trinity Ventures X, L.P. | — | — | (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. |
| 5 | Common | Class A Common Stock | 2021-08-02 | S | D | 10,459 | $23.16 | 0 | I By Trinity X Entrepreneurs' Fund, L.P. | — | — | (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. |
| 6 | Common | Class A Common Stock | 2021-08-02 | C | A | 5,838 | $0.00 | 5,838 | I By Trinity X Side-By-Side Fund, L.P. | — | — | (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. (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. |
| 7 | Derivative | Class B Common Stock | 2021-08-02 | C | D | 1,056,423 | $0.00 | 9,507,815 | I By Trinity Ventures X, L.P. | — · — to — | 1,056,423 Class A Common Stock | (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. (F4) 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. |
| 8 | Derivative | Class B Common Stock | 2021-08-02 | C | D | 5,838 | $0.00 | 52,545 | I By Trinity X Side-By-Side Fund, L.P. | — · — to — | 5,838 Class A Common Stock | (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. (F4) 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. |
| 9 | Derivative | Class B Common Stock | 2021-08-02 | C | D | 10,459 | $0.00 | 94,131 | I By Trinity X Entrepreneurs' Fund, L.P. | — · — to — | 10,459 Class A Common Stock | (F2) The Reporting Person is a Management Member of Trinity TVL X, LLC, the general partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs' Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Entities"), and shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. (F4) 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. |