Form 4 for TDUP ThredUp Inc.
Accepted 2021-08-02 00:00:00 ET · period of report 2021-08-02 · accession 0001484778-21-000047 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-08-02 | 2021-08-02 | TDUP | Redpoint Ventures IV, LLC | 10% | C - Cnv Deriv | $0.00 | +26.8K | 26.8K | New | $0 |
| D | 2021-08-02 | 2021-08-02 | TDUP | Redpoint Ventures IV, LLC | 10% | C - Cnv Deriv | $0.00 | +1.04M | 1.04M | New | $0 |
| DI | 2021-08-02 | 2021-08-02 | TDUP | Redpoint Ventures IV, LLC | 10% | S - Sale | $23.16 | -26.8K | 0 | -100% | -$619.9K |
| D | 2021-08-02 | 2021-08-02 | TDUP | Redpoint Ventures IV, LLC | 10% | S - Sale | $23.16 | -1.04M | 0 | -100% | -$24.18M |
| D | 2021-08-02 | 2021-08-02 | TDUP | Redpoint Ventures IV, LLC | 10% | C - Cnv Deriv | $0.00 | -1.04M | 9.39M | -10% | $0 |
| DI | 2021-08-02 | 2021-08-02 | TDUP | Redpoint Ventures IV, LLC | 10% | C - Cnv Deriv | $0.00 | -26.8K | 240.9K | -10% | $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 | 26,766 | $0.00 | 26,766 | I By Redpoint Associates IV, LLC | — | — | (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) Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2021-08-02 | C | A | 1,043,885 | $0.00 | 1,043,885 | D By Redpoint Associates IV, LLC | — | — | (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) Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein. |
| 3 | Common | Class A Common Stock | 2021-08-02 | S | D | 26,766 | $23.16 | 0 | I | — | — | |
| 4 | Common | Class A Common Stock | 2021-08-02 | S | D | 1,043,885 | $23.16 | 0 | D | — | — | |
| 5 | Derivative | Class B Common Stock | 2021-08-02 | C | D | 1,043,885 | $0.00 | 9,394,981 | D By Redpoint Associates IV, LLC | — · — to — | 1,043,885 Class A Common Stock | (F2) Redpoint Ventures IV, LLC ("RV IV LLC") is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective 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. |
| 6 | Derivative | Class B Common Stock | 2021-08-02 | C | D | 26,766 | $0.00 | 240,896 | I | — · — to — | 26,766 Class A Common Stock | (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. |