Brumana Rodrigo 4
4 · Poshmark, Inc. · Filed Dec 5, 2022
Insider Transaction Report
Form 4
Poshmark, Inc.POSH
Brumana Rodrigo
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2022-12-02$17.81/sh−2,770$49,345→ 626,126 total - Exercise/Conversion
Restricted Stock Units
2022-12-01−11,363→ 68,183 total→ Class A Common Stock (11,363 underlying) - Exercise/Conversion
Class A Common Stock
2022-12-01+11,363→ 628,896 total
Footnotes (3)
- [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 Restricted Stock Units (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 RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F3]1/8th of the RSUs will vest on September 1, 2022 and each three months thereafter, subject to the Reporting Person's continued service through the applicable vesting date.