Inventus Capital Partners Fund I LP 4
4 · Poshmark, Inc. · Filed Jul 14, 2021
Insider Transaction Report
Form 4
Poshmark, Inc.POSH
Inventus Capital Partners Fund I LP
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-07-12+3,710,090→ 3,710,090 total(indirect: See Footnote) - Conversion
Class A Common Stock
2021-07-12+2,153,377→ 2,153,377 total(indirect: See Footnote) - Other
Class A Common Stock
2021-07-12−2,153,377→ 0 total(indirect: See Footnote) - Conversion
Class B Common Stock
2021-07-12−915,651→ 0 total(indirect: See Footnote)→ Class A Common Stock (915,651 underlying) - Conversion
Class A Common Stock
2021-07-12+915,651→ 915,651 total(indirect: See Footnote) - Other
Class A Common Stock
2021-07-12−3,644,551→ 65,539 total(indirect: See Footnote) - Other
Class A Common Stock
2021-07-12−909,097→ 6,554 total(indirect: See Footnote) - Conversion
Class B Common Stock
2021-07-12−3,710,090→ 0 total(indirect: See Footnote)→ Class A Common Stock (3,710,090 underlying) - Conversion
Class B Common Stock
2021-07-12−2,153,377→ 0 total(indirect: See Footnote)→ Class A Common Stock (2,153,377 underlying)
Footnotes (8)
- [F1]Represents the conversion, on a one-for-one basis, of Class B Common Stock into Class A Common Stock.
- [F2]The securities 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 Annex. 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.
- [F3]The securities 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 Annex. 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 are held by Inventus Capital Co-Invest Annex Fund I L.P., a Delaware Limited Partnership, or ICP Annex. Inventus Capital Co-Invest Annex Management I, LLC, or ICPM Annex 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 Annex. 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]ICP I made a pro rata distribution for no consideration of an aggregate of 3,644,551 shares of Class A Common Stock to its general and limited partners.
- [F6]ICP II made a pro rata distribution for no consideration of an aggregate of 2,153,377 shares of Class A Common Stock to its general and limited partners.
- [F7]ICP Annex made a pro rata distribution for no consideration of an aggregate of 909,097 shares of Class A Common Stock to its general and limited partners.
- [F8]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the Reporting Person.