4//SEC Filing
Chandra Manish 4
Accession 0001127602-23-000739
CIK 0001825480other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 8:26 PM ET
Size
13.1 KB
Accession
0001127602-23-000739
Insider Transaction Report
Form 4
Poshmark, Inc.POSH
Chandra Manish
President and CEO
Transactions
- Exercise/Conversion
Class B Common Stock
2023-01-01+6,111→ 5,440,569 total→ Class A Common Stock (6,111 underlying) - Exercise/Conversion
Restricted Stock Units
2023-01-01−6,111→ 30,556 totalExp: 2027-08-19→ Class B Common Stock (6,111 underlying) - Conversion
Class B Common Stock
2023-01-03−6,111→ 5,434,458 total→ Class A Common Stock (6,111 underlying) - Tax Payment
Class A Common Stock
2023-01-03$17.88/sh−3,409$60,953→ 10,000 total - Conversion
Class A Common Stock
2023-01-03+6,111→ 13,409 total
Footnotes (4)
- [F1]Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs) and does not represent a sale by the Reporting Person.
- [F2]Each RSU represents the right to receive one share of Class B Common Stock.
- [F3]The RSUs are subject to time- and performance-based vesting. The units shall satisfy the time-based vesting as to 25% of the units on April 1, 2021 and as to the remainder in 12 quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The performance-based vesting condition was satisfied upon the Issuer's initial public offering (as defined in the Issuer's 2011 Stock Option and Grant Plan).
- [F4]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.
Documents
Issuer
Poshmark, Inc.
CIK 0001825480
Entity typeother
Related Parties
1- filerCIK 0001839026
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 8:26 PM ET
- Size
- 13.1 KB