Home/Filings/4/0001209191-21-065108

4//SEC Filing

Upfront Growth GP II, LLC 4

Accession 0001209191-21-065108

CIK 0001484778other

View on SEC.gov Company Profile

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 4:30 PM ET

Size

56.7 KB

Accession

0001209191-21-065108

Insider Transaction Report

Form 4

Period: 2021-11-15

ThredUp Inc.TDUP

Upfront Growth II, L.P.

10% Owner

Transactions

Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 underlying)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)

Upfront GP IV, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 underlying)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)

Upfront IV, L.P.

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 underlying)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)

Upfront IV Ancillary, L.P.

10% Owner

Transactions

Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 underlying)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)

Upfront IV Ancillary GP, LLC

10% Owner

Transactions

Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 underlying)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)

Upfront Growth GP I, LLC

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 underlying)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)

Upfront Growth GP II, LLC

10% Owner

Transactions

Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)
Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 underlying)

Upfront Growth I, L.P.

10% Owner

Transactions

Other
Class A Common Stock
2021-11-15−1,910,951→ 0 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−75,002→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+26,630→ 26,630 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15+441,509→ 441,509 total(indirect: Upfront GP IV, L.P.)
Conversion
Class A Common Stock
2021-11-15+557,959→ 591,775 total(indirect: By Upfront Growth I, L.P.)
Conversion
Class A Common Stock
2021-11-15+1,801,754→ 1,910,951 total(indirect: By Upfront IV L.P.)
Other
Class A Common Stock
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15+75,002→ 75,002 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−26,630→ 0 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−441,509→ 0 total(indirect: Upfront GP IV, L.P.)
Conversion
Class B Common Stock
2021-11-15−557,959→ 612,795 total(indirect: By Upfront Growth I, L.P.)
→ Class A Common Stock (557,959 underlying)
Conversion
Class B Common Stock
2021-11-15−103,348→ 113,503 total(indirect: By Upfront IV Ancillary, L.P.)
→ Class A Common Stock (103,348 underlying)
Conversion
Class B Common Stock
2021-11-15−1,801,754→ 1,978,825 total(indirect: By Upfront IV L.P.)
→ Class A Common Stock (1,801,754 underlying)
Conversion
Class A Common Stock
2021-11-15+836,939→ 887,663 total(indirect: By Upfront Growth II, L.P.)
Conversion
Class A Common Stock
2021-11-15+103,348→ 109,611 total(indirect: By Upfront IV Ancillary, L.P.)
Other
Class A Common Stock
2021-11-15−591,775→ 0 total(indirect: By Upfront Growth I, L.P.)
Other
Class A Common Stock
2021-11-15−887,663→ 0 total(indirect: By Upfront Growth II, L.P.)
Other
Class A Common Stock
2021-11-15+1,096→ 1,096 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-15−1,096→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-15−836,939→ 919,192 total(indirect: By Upfront Growth II, L.P.)
→ Class A Common Stock (836,939 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 16, 7:00 PM ET
Accepted: Nov 17, 4:30 PM ET
Size: 56.7 KB

View on SEC.gov