GGV Capital V L.L.C. 4

Accession 0000899243-21-002780

CIK 0001825480other

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 7:47 PM ET

Size

22.5 KB

Accession

0000899243-21-002780

Form 4

Period: 2021-01-19

10% Owner

Transactions

Conversion
Series D Preferred Stock
2021-01-19−10,570→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (10,570 underlying)
Conversion
Series D Preferred Stock
2021-01-19−288,012→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (288,012 underlying)
Conversion
Class B Common Stock
2021-01-19+4,944,697→ 4,944,697 total(indirect: See Footnote)
→ Class A common stock (4,944,697 underlying)
Conversion
Class B Common Stock
2021-01-19+181,470→ 181,470 total(indirect: See Footnote)
→ Class A common stock (181,470 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−170,900→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (170,900 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−4,656,685→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (4,656,685 underlying)

10% Owner

Transactions

Conversion
Series C-1 Preferred Stock
2021-01-19−4,656,685→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (4,656,685 underlying)
Conversion
Series D Preferred Stock
2021-01-19−10,570→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (10,570 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−170,900→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (170,900 underlying)
Conversion
Series D Preferred Stock
2021-01-19−288,012→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (288,012 underlying)
Conversion
Class B Common Stock
2021-01-19+181,470→ 181,470 total(indirect: See Footnote)
→ Class A common stock (181,470 underlying)
Conversion
Class B Common Stock
2021-01-19+4,944,697→ 4,944,697 total(indirect: See Footnote)
→ Class A common stock (4,944,697 underlying)

10% Owner

Transactions

Conversion
Series C-1 Preferred Stock
2021-01-19−4,656,685→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (4,656,685 underlying)
Conversion
Class B Common Stock
2021-01-19+181,470→ 181,470 total(indirect: See Footnote)
→ Class A common stock (181,470 underlying)
Conversion
Series D Preferred Stock
2021-01-19−288,012→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (288,012 underlying)
Conversion
Series D Preferred Stock
2021-01-19−10,570→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (10,570 underlying)
Conversion
Class B Common Stock
2021-01-19+4,944,697→ 4,944,697 total(indirect: See Footnote)
→ Class A common stock (4,944,697 underlying)
Conversion
Series C-1 Preferred Stock
2021-01-19−170,900→ 0 total(indirect: See Footnote)
→ Common Stock (Class B common stock) (170,900 underlying)

Footnotes (5)

[F1]Immediately prior to the closing of the Issuer's initial public offering, each share of Series C-1 Preferred Stock and Series D Preferred Stock (collectively, the "Preferred Stock") automatically converted into shares of the Issuer's Class B Common Stock 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]These shares are held by GGV Capital V L.P. GGV Capital V L.L.C. is the general partner of GGV Capital V L.P. and may be deemed to have voting and dispositive power over the shares held by GGV Capital V L.P. GGV Capital V L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
[F4]These shares are held by GGV Capital V Entrepreneurs Fund L.P. GGV Capital V L.L.C. is the general partner of GGV Capital V Entrepreneurs Fund L.P. and may be deemed to have voting and dispositive power over the shares held by GGV Capital V Entrepreneurs Fund L.P. GGV Capital V L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
[F5]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

Poshmark, Inc.

CIK 0001825480

Entity typeother

IncorporatedDE