Chandra Manish 4
4 · Poshmark, Inc. · Filed Oct 6, 2022
Insider Transaction Report
Form 4
Poshmark, Inc.POSH
Chandra Manish
President and CEO
Transactions
- Sale
Class A Common Stock
2022-10-04$17.66/sh−1,876$33,121→ 7,298 total - Conversion
Class B Common Stock
2022-10-04−1,876→ 5,434,458 total→ Class A Common Stock (1,876 underlying) - Conversion
Class A Common Stock
2022-10-04+1,876→ 9,174 total
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.