Form 4 for TDUP ThredUp Inc.
Accepted 2023-12-05 00:00:00 ET · period of report 2023-12-01 · accession 0001484778-23-000231 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-12-05 | 2023-12-01 | TDUP | Reinhart James G. | CEO, Dir | F - Tax | $2.15 | -91.4K | 488.5K | -16% | -$196.4K |
| D | 2023-12-05 | 2023-12-04 | TDUP | Reinhart James G. | CEO, Dir | S - Sale+OE | $2.34 | -4,900 | 537.8K | -0.9% | -$11.5K |
| DM | 2023-12-05 | 2023-12-01 | TDUP | Reinhart James G. | CEO, Dir | M - OptEx | $0.00 | +184.3K | 526.5K | +54% | $0 |
| DM | 2023-12-05 | 2023-12-01 | TDUP | Reinhart James G. | CEO, Dir | M - OptEx | $0.00 | -184.3K | 1.24M | -13% | $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 | 2023-12-01 | F | D | 53,306 | $2.15 | 542,667 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-12-04 | S | D | 4,900 | $2.34 | 537,767 | D | — | — | (F4) The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $2.15 to $2.42 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 | Common | Class A Common Stock | 2023-12-01 | M | A | 107,514 | $0.00 | 595,973 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-12-01 | F | D | 38,061 | $2.15 | 488,459 | D | — | — | |
| 5 | Common | Class A Common Stock | 2023-12-01 | M | A | 76,766 | $0.00 | 526,520 | D | — | — | |
| 6 | Derivative | Restricted Stock Units | 2023-12-01 | M | D | 76,766 | $0.00 | 1,351,471 | D | — · — to — | 76,766 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F6) On April 11, 2022, the Reporting Person was granted 850,329 RSUs, which vested 6.25% in quarterly installments on each of June 1, 2022, September 1, 2022 and December 1, 2022, and beginning on March 1, 2023, vest 9.03% in quarterly installments on March 1, June 1, September 1 and December 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date. |
| 7 | Derivative | Restricted Stock Units | 2023-12-01 | M | D | 107,514 | $0.00 | 1,243,957 | D | — · — to — | 107,514 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. (F7) On February 15, 2023, the Reporting Person was granted 1,290,168 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date. |