McDonald John Michael 4
4 · Poshmark, Inc. · Filed Oct 6, 2022
Insider Transaction Report
Form 4
Poshmark, Inc.POSH
McDonald John Michael
Chief Operating Officer
Transactions
- Conversion
Class A Common Stock
2022-10-04+4,034→ 94,509 total - Sale
Class A Common Stock
2022-10-04$17.66/sh−4,034$71,220→ 90,475 total - Conversion
Class B Common Stock
2022-10-04−4,034→ 33,103 total→ Class A Common Stock (4,034 underlying)
Footnotes (2)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F2]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.