Form 4 for TDUP ThredUp Inc.
Accepted 2022-06-03 00:00:00 ET · period of report 2022-06-01 · accession 0001484778-22-000104 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-03 | 2022-06-01 | TDUP | Friedman Ian | Dir | C - Cnv Deriv | $0.00 | +30.0K | 64.9K | +86% | $0 |
| D | 2022-06-03 | 2022-06-01 | TDUP | Friedman Ian | Dir | S - Sale | $4.01 | -15.5K | 49.4K | -24% | -$62.2K |
| DM | 2022-06-03 | 2022-06-01 | TDUP | Friedman Ian | Dir | M - OptEx | $0.00 | 0 | 0 | New | $0 |
| D | 2022-06-03 | 2022-06-01 | TDUP | Friedman Ian | Dir | C - Cnv Deriv | $0.00 | -30.0K | 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 | 2022-06-01 | C | A | 30,000 | $0.00 | 64,924 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2022-06-01 | S | D | 15,503 | $4.01 | 49,421 | D | — | — | (F2) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $3.991 to $4.05 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. |
| 3 | Derivative | Class B Common Stock | 2022-06-01 | M | A | 30,000 | $0.00 | 30,000 | D | — · — to — | 30,000 Class A Common Stock | (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. |
| 4 | Derivative | Stock Option (Right to Buy) | 2022-06-01 | M | D | 30,000 | $0.00 | 0 | D | $2.05 · 2021-08-26 to 2030-08-25 | 30,000 Class B Common Stock | (F3) The stock option vested in full on August 26, 2021. |
| 5 | Derivative | Class B Common Stock | 2022-06-01 | C | D | 30,000 | $0.00 | 0 | D | — · — to — | 30,000 Class A Common Stock | (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. |