Inventus Capital Partners Fund I LP 4

Accession 0000899243-21-002776

CIK 0001825480other

View on SEC.gov Company Profile

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 7:38 PM ET

Size

38.5 KB

Accession

0000899243-21-002776

Insider Transaction Report

Form 4

Period: 2021-01-19

Poshmark, Inc.POSH

Inventus Capital Partners Fund I LP

10% Owner

Transactions

Conversion
Series B-1 Preferred Stock
2021-01-19−631,057→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (631,057 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−747,127→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (747,127 underlying)
Conversion
Class B Common Stock
2021-01-19+2,153,377→ 2,153,377 total(indirect: See Footnote)
→ Class A Common Stock (2,153,377 underlying)
Conversion
Series A Preferred Stock
2021-01-19−1,618,559→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (1,618,559 underlying)
Conversion
Series B Preferred Stock
2021-01-19−580,580→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (580,580 underlying)
Conversion
Series D Preferred Stock
2021-01-19−895,746→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (895,746 underlying)
Conversion
Class B Common Stock
2021-01-19+3,710,090→ 3,710,090 total(indirect: See Footnote)
→ Class A Common Stock (3,710,090 underlying)
Conversion
Series C Preferred Stock
2021-01-19−742,187→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (742,187 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−137,707→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (137,707 underlying)
Conversion
Series C Preferred Stock
2021-01-19−1,406,250→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (1,406,250 underlying)
Conversion
Common Stock
2021-01-19−19,905→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (19,905 underlying)
Conversion
Class B Common Stock
2021-01-19+915,651→ 915,651 total(indirect: See Footnote)
→ Class A Common Stock (915,651 underlying)

INVENTUS CAPITAL PARTNERS FUND II, LTD.

10% Owner

Transactions

Conversion
Series B-1 Preferred Stock
2021-01-19−631,057→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (631,057 underlying)
Conversion
Series C Preferred Stock
2021-01-19−1,406,250→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (1,406,250 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−747,127→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (747,127 underlying)
Conversion
Common Stock
2021-01-19−19,905→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (19,905 underlying)
Conversion
Class B Common Stock
2021-01-19+2,153,377→ 2,153,377 total(indirect: See Footnote)
→ Class A Common Stock (2,153,377 underlying)
Conversion
Series B Preferred Stock
2021-01-19−580,580→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (580,580 underlying)
Conversion
Series D Preferred Stock
2021-01-19−895,746→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (895,746 underlying)
Conversion
Class B Common Stock
2021-01-19+3,710,090→ 3,710,090 total(indirect: See Footnote)
→ Class A Common Stock (3,710,090 underlying)
Conversion
Series A Preferred Stock
2021-01-19−1,618,559→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (1,618,559 underlying)
Conversion
Series C Preferred Stock
2021-01-19−742,187→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (742,187 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−137,707→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (137,707 underlying)
Conversion
Class B Common Stock
2021-01-19+915,651→ 915,651 total(indirect: See Footnote)
→ Class A Common Stock (915,651 underlying)

INVENTUS CAPITAL CO-INVEST ANNEX FUND I, L.P.

10% Owner

Transactions

Conversion
Series B Preferred Stock
2021-01-19−580,580→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (580,580 underlying)
Conversion
Series C Preferred Stock
2021-01-19−742,187→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (742,187 underlying)
Conversion
Class B Common Stock
2021-01-19+2,153,377→ 2,153,377 total(indirect: See Footnote)
→ Class A Common Stock (2,153,377 underlying)
Conversion
Class B Common Stock
2021-01-19+915,651→ 915,651 total(indirect: See Footnote)
→ Class A Common Stock (915,651 underlying)
Conversion
Series A Preferred Stock
2021-01-19−1,618,559→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (1,618,559 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−747,127→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (747,127 underlying)
Conversion
Series B-1 Preferred Stock
2021-01-19−631,057→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (631,057 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−137,707→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (137,707 underlying)
Conversion
Series C Preferred Stock
2021-01-19−1,406,250→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (1,406,250 underlying)
Conversion
Series D Preferred Stock
2021-01-19−895,746→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (895,746 underlying)
Conversion
Common Stock
2021-01-19−19,905→ 0 total(indirect: See Footnote)
→ Common Stock (Class B Common Stock) (19,905 underlying)
Conversion
Class B Common Stock
2021-01-19+3,710,090→ 3,710,090 total(indirect: See Footnote)
→ Class A Common Stock (3,710,090 underlying)

Footnotes (6)

[F1]Immediately prior to the closing of the Issuer's initial public offering, each share of Series A Preferred Stock, Series B Preferred Stock, Series B-1 Preferred Stock, Series C Preferred Stock, Series C-1 Preferred Stock and Series D Preferred Stock (collectively, the "Preferred Stock") automatically converted into shares of the Issuer's Common Stock, par value $0.0001 per share, on a one-for-one basis. The shares of Preferred Stock had no expiration date.
[F2]Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock.
[F3]The securities shown on Table II, lines 1 through 5 are held by Inventus Capital Partners Fund I L.P., a Cayman Islands Exempted Limited Partnership, or ICP I. Inventus Capital Master Management I, Ltd, a Cayman Islands Exempted Limited Partnership, or ICPMM I, is the general partner of Inventus Capital Management I, L.P., a Cayman Islands Exempted Limited Partnership, or ICPM I, which is the general partner of ICP I. John Dougery, Jr and Kanwal Rekhi are the directors of ICPMM I and ICPM II, and the managing members of ICPM Anex. As a result, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the shares respectively owned by ICP I, ICP II, and ICP Annex, but each of the individuals disclaims such beneficial ownership, except to the extent of his or her proportionate pecuniary interest therein.
[F4]The securities shown on Table II lines 6 through 7 are held by Inventus Capital Partners Fund II Ltd., or ICP II. Inventus Capital Management II, Ltd, or ICPM II, is the General Partner of ICP II. John Dougery, Jr and Kanwal Rekhi are the directors of ICPMM I and ICPM II, and the managing members of ICPM Anex. As a result, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the shares respectively owned by ICP I, ICP II, and ICP Annex, but each of the individuals disclaims such beneficial ownership, except to the extent of his or her proportionate pecuniary interest therein.
[F5]The securities shown on Table II lines 8 through 9 are held by Inventus Capital Co-Invest Annex Fund I L.P., a Delaware Limited Partnership, or ICP Annex. Inventus Capital Co-Invest Anex Management I, LLC, or ICPM Anex I, is the general partner of ICP Annex. John Dougery, Jr and Kanwal Rekhi are the directors of ICPMM I and ICPM II, and the managing members of ICPM Anex. As a result, each of the foregoing entities and individuals may be deemed to share beneficial ownership of the shares respectively owned by ICP I, ICP II, and ICP Annex, but each of the individuals disclaims such beneficial ownership, except to the extent of his or her proportionate pecuniary interest therein.
[F6]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the Reporting Person.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Poshmark, Inc.

CIK 0001825480

→

Entity typeother

IncorporatedCayman Islands

Related Parties

filerCIK 0001420812

Filing Metadata

Form type: 4
Filed: Jan 20, 7:00 PM ET
Accepted: Jan 21, 7:38 PM ET
Size: 38.5 KB

View on SEC.gov