4//SEC Filing
Menlo Ventures XI, L.P. 4
Accession 0001209191-21-049515
CIK 0001825480other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 9:25 PM ET
Size
60.0 KB
Accession
0001209191-21-049515
Insider Transaction Report
Form 4
Poshmark, Inc.POSH
Menlo Ventures XI, L.P.
10% Owner
Transactions
- Sale
Class A Common Stock
2021-08-02$39.33/sh−99$3,894→ 216,268 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−48,741$1,779,047→ 167,527 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−186,245→ 0 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 693,032 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$38.51/sh−20,486$788,916→ 216,367 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+4,826,295→ 4,826,295 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+289,412→ 289,412 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+4,706→ 4,706 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+186,245→ 186,245 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−392$14,782→ 3,851 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−333$12,824→ 3,518 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−9,618$357,020→ 157,909 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−186,245→ 186,245 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (186,245 underlying) - Other
Class A Common Stock
2021-07-30−4,826,295→ 0 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 0 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$36.71/sh−463$16,997→ 4,243 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−24,008$905,342→ 236,853 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,826,295→ 4,826,564 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,826,295 underlying) - Conversion
Class B Common Stock
2021-07-30−289,412→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (289,412 underlying) - Sale
Class A Common Stock
2021-08-02$36.71/sh−28,551$1,048,107→ 260,861 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−1$39→ 3,517 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−793$28,945→ 2,724 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−156$5,791→ 2,568 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,706→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,706 underlying)
Transactions
- Conversion
Class A Common Stock
2021-07-30+4,706→ 4,706 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 693,032 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$38.51/sh−333$12,824→ 3,518 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−793$28,945→ 2,724 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−289,412→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (289,412 underlying) - Conversion
Class B Common Stock
2021-07-30−4,706→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,706 underlying) - Conversion
Class A Common Stock
2021-07-30+186,245→ 186,245 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+4,826,295→ 4,826,295 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−4,826,295→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−48,741$1,779,047→ 167,527 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−156$5,791→ 2,568 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+289,412→ 289,412 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−186,245→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$36.71/sh−28,551$1,048,107→ 260,861 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−392$14,782→ 3,851 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−99$3,894→ 216,268 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−9,618$357,020→ 157,909 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 0 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$36.71/sh−463$16,997→ 4,243 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−24,008$905,342→ 236,853 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−20,486$788,916→ 216,367 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−1$39→ 3,517 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−186,245→ 186,245 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (186,245 underlying) - Conversion
Class B Common Stock
2021-07-30−4,826,295→ 4,826,564 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,826,295 underlying)
MMSOP, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-07-30+4,706→ 4,706 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−4,826,295→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$36.71/sh−28,551$1,048,107→ 260,861 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−392$14,782→ 3,851 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−289,412→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (289,412 underlying) - Conversion
Class A Common Stock
2021-07-30+4,826,295→ 4,826,295 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 0 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$39.33/sh−1$39→ 3,517 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−186,245→ 186,245 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (186,245 underlying) - Conversion
Class A Common Stock
2021-07-30+289,412→ 289,412 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−20,486$788,916→ 216,367 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−48,741$1,779,047→ 167,527 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−793$28,945→ 2,724 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−9,618$357,020→ 157,909 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,826,295→ 4,826,564 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,826,295 underlying) - Sale
Class A Common Stock
2021-08-02$38.51/sh−333$12,824→ 3,518 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−156$5,791→ 2,568 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+186,245→ 186,245 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 693,032 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$37.71/sh−24,008$905,342→ 236,853 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−186,245→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$36.71/sh−463$16,997→ 4,243 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−99$3,894→ 216,268 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,706→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,706 underlying)
MSOP GP, L.L.C.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-07-30+289,412→ 289,412 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−24,008$905,342→ 236,853 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−9,618$357,020→ 157,909 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−156$5,791→ 2,568 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−186,245→ 186,245 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (186,245 underlying) - Conversion
Class B Common Stock
2021-07-30−289,412→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (289,412 underlying) - Other
Class A Common Stock
2021-07-30−693,032→ 693,032 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$36.71/sh−463$16,997→ 4,243 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−186,245→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−333$12,824→ 3,518 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+4,706→ 4,706 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−4,826,295→ 0 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 0 total(indirect: MV Management XI, L.L.C.) - Conversion
Class A Common Stock
2021-07-30+4,826,295→ 4,826,295 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$36.71/sh−28,551$1,048,107→ 260,861 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−20,486$788,916→ 216,367 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−1$39→ 3,517 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−48,741$1,779,047→ 167,527 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−793$28,945→ 2,724 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,826,295→ 4,826,564 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,826,295 underlying) - Conversion
Class A Common Stock
2021-07-30+186,245→ 186,245 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−392$14,782→ 3,851 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−99$3,894→ 216,268 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,706→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,706 underlying)
MV Management XI, L.L.C.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-07-30+289,412→ 289,412 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−186,245→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−333$12,824→ 3,518 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−1$39→ 3,517 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−9,618$357,020→ 157,909 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+186,245→ 186,245 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+4,706→ 4,706 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−4,826,295→ 0 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 0 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$36.71/sh−28,551$1,048,107→ 260,861 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−24,008$905,342→ 236,853 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−392$14,782→ 3,851 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−186,245→ 186,245 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (186,245 underlying) - Other
Class A Common Stock
2021-07-30−693,032→ 693,032 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$38.51/sh−20,486$788,916→ 216,367 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−156$5,791→ 2,568 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−289,412→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (289,412 underlying) - Conversion
Class B Common Stock
2021-07-30−4,706→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,706 underlying) - Conversion
Class A Common Stock
2021-07-30+4,826,295→ 4,826,295 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$36.71/sh−463$16,997→ 4,243 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−99$3,894→ 216,268 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−48,741$1,779,047→ 167,527 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−793$28,945→ 2,724 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,826,295→ 4,826,564 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,826,295 underlying)
MMEF XI, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-07-30+4,826,295→ 4,826,295 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−693,032→ 0 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-02$39.33/sh−1$39→ 3,517 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$36.71/sh−28,551$1,048,107→ 260,861 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−24,008$905,342→ 236,853 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−793$28,945→ 2,724 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−289,412→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (289,412 underlying) - Other
Class A Common Stock
2021-07-30−693,032→ 693,032 total(indirect: MV Management XI, L.L.C.) - Sale
Class A Common Stock
2021-08-03$37.12/sh−156$5,791→ 2,568 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+186,245→ 186,245 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+289,412→ 289,412 total(indirect: See footnote) - Conversion
Class A Common Stock
2021-07-30+4,706→ 4,706 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−186,245→ 0 total(indirect: See footnote) - Other
Class A Common Stock
2021-07-30−4,826,295→ 0 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−20,486$788,916→ 216,367 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$38.51/sh−333$12,824→ 3,518 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$39.33/sh−99$3,894→ 216,268 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$37.12/sh−9,618$357,020→ 157,909 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−186,245→ 186,245 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (186,245 underlying) - Sale
Class A Common Stock
2021-08-02$36.71/sh−463$16,997→ 4,243 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-02$37.71/sh−392$14,782→ 3,851 total(indirect: See footnote) - Sale
Class A Common Stock
2021-08-03$36.50/sh−48,741$1,779,047→ 167,527 total(indirect: See footnote) - Conversion
Class B Common Stock
2021-07-30−4,826,295→ 4,826,564 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,826,295 underlying) - Conversion
Class B Common Stock
2021-07-30−4,706→ 0 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (4,706 underlying)
Footnotes (15)
- [F1]These shares are held by MMEF XI, L.P. MV Management XI, L.L.C. is the general partner of MMEF XI, L.P. and may be deemed to have voting and investment power over the shares held by MMEF XI, L.P., but MV Management XI, L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
- [F10]Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $37.17 - $38.16 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F11]Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $38.20 - $39.16 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F12]All shares were sold at this price.
- [F13]Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $36.01 - $37.00 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F14]Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $37.01 - $37.27 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F15]Each share of the issuer's Class B Common Stock will convert into 1 share of the issuer's Class A Common Stock at the option of the holder, and has no expiration date.
- [F2]These shares are held by Menlo Ventures XI, L.P. MV Management XI, L.L.C. is the general partner of Menlo Ventures XI, L.P. and may be deemed to shared voting and investment power over the shares held by Menlo Ventures XI, L.P., but MV Management XI, L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
- [F3]These shares are held by Menlo Special Opportunities Fund, L.P. MSOP GP, L.L.C. is the general partner of Menlo Special Opportunities Fund, L.P. and may be deemed to have voting and investment power over the shares held by Menlo Special Opportunities Fund, L.P., but MSOP GP, L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
- [F4]These shares are held by MMSOP, L.P. MSOP GP, L.L.C. is the general partner MMSOP, L.P. and may be deemed to have voting and investment power over the shares held by MMSOP, L.P., but MSOP GP, L.L.C. disclaims beneficial ownership of such shares, except to the extent of its proportionate pecuniary interest therein.
- [F5]Represents a pro rata in kind distribution without consideration by MMEF XI, L.P. to its partners, including its general partner, MV Management XI, L.L.C.
- [F6]Represents a pro rata in kind distribution without consideration by Menlo Ventures XI, L.P. to its partners, including its general partner, MV Management XI, L.L.C.
- [F7]Represents the receipt of shares in the pro rata in kind distribution of Class A Common Stock of the Issuer by Menlo Ventures XI, L.P. described in footnote 6.
- [F8]Represents a pro rata in kind distribution of Class A Common Stock of the Issuer by MV Management XI, LLC without consideration to its members.
- [F9]Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $36.16 - $37.14 per share. Each Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Documents
Issuer
Poshmark, Inc.
CIK 0001825480
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001503555
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 9:25 PM ET
- Size
- 60.0 KB