Home/Filings/4/0001209191-21-064231

4//SEC Filing

Upfront Growth GP II, LLC 4

Accession 0001209191-21-064231

CIK 0001484778other

View on SEC.gov Company Profile

Filed

Nov 11, 7:00 PM ET

Accepted

Nov 12, 4:44 PM ET

Size

56.7 KB

Accession

0001209191-21-064231

Insider Transaction Report

Form 4

Period: 2021-11-09

ThredUp Inc.TDUP

Upfront Growth GP I, LLC

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)
Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)

Upfront Growth I, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)
Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)

Upfront Growth GP II, LLC

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)
Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)

Upfront Growth II, L.P.

10% Owner

Transactions

Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)
Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)

Upfront IV Ancillary, L.P.

10% Owner

Transactions

Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)

Upfront IV Ancillary GP, LLC

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)

Upfront GP IV, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)
Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)

Upfront IV, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-09+557,960→ 557,960 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-09+68,898→ 68,898 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09−338,157→ 33,816 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-09−507,236→ 50,724 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-09−1,091,972→ 109,197 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−62,635→ 6,263 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-09+28,023→ 28,023 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−28,023→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+15,218→ 15,218 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09−266,133→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09−626→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−557,960→ 1,756,131 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (557,960 underlying)
Conversion
Class A Common Stock
2021-11-09+371,973→ 371,973 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-09+1,201,169→ 1,201,169 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-09−15,218→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+266,133→ 266,133 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-09+626→ 626 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−371,973→ 1,170,754 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (371,973 underlying)
Conversion
Class B Common Stock
2021-11-09−1,201,169→ 3,780,579 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,201,169 underlying)
Conversion
Class B Common Stock
2021-11-09−68,898→ 216,851 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (68,898 underlying)

Footnotes (15)

[F1]Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the holder in connection with the distributions described herein.
[F10]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront Growth GP II, LLC to its members without consideration.
[F11]Represents receipt of shares in the distribution in kind described in footnote (5).
[F12]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront GP IV, L.P. to its general partner and limited partners without consideration.
[F13]Represents receipt of shares in the distribution in kind described in footnote (6).
[F14]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront IV Ancillary GP, LLC to its members without consideration.
[F15]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.
[F2]Upfront Growth GP I, LLC is the general partner of Upfront Growth I, L.P. ("Upfront Growth I"). Upfront Growth GP II, LLC is the general partner of Upfront Growth II, L.P. ("Upfront Growth II"). Upfront GP IV, L.P. is the general partner of Upfront IV, L.P. ("Upfront IV"). Upfront IV Ancillary GP, LLC is the general partner of Upfront IV Ancillary, L.P. ("Upfront IV Ancillary," and together with Upfront Growth I, Upfront Growth II and Upfront IV, the "Upfront Entities"). The Upfront Entities are managed by Upfront Ventures Management, LLC, which is controlled by Mark Suster and Yves Sisteron. Each of the Upfront Entities, their respective general partners, Upfront Ventures Management, LLC and Messrs. Suster and Sisteron disclaims beneficial ownership of the shares reported herein except to the extent of his or its respective pecuniary interest therein.
[F3]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront Growth I to its general partner and limited partners without additional consideration.
[F4]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront Growth II to its general partner and limited partners without additional consideration.
[F5]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront IV to its general partner and limited partners without additional consideration.
[F6]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront IV Ancillary to its general partner and limited partners without additional consideration.
[F7]Represents receipt of shares in the distribution in kind described in footnote (3).
[F8]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by Upfront Growth GP I, LLC to its members without consideration.
[F9]Represents receipt of shares in the distribution in kind described in footnote (4).

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

ThredUp Inc.

CIK 0001484778

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001852954

Filing Metadata

Form type: 4
Filed: Nov 11, 7:00 PM ET
Accepted: Nov 12, 4:44 PM ET
Size: 56.7 KB

View on SEC.gov