4//SEC Filing
CHOPRA AJAY 4
Accession 0001209191-23-045453
CIK 0001484778other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 4:54 PM ET
Size
33.3 KB
Accession
0001209191-23-045453
Insider Transaction Report
Form 4
ThredUp Inc.TDUP
TRINITY VENTURES X LP
10% Owner
Transactions
- Conversion
Class B Common Stock
2023-08-09−1,948→ 82,140 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (1,948 underlying) - Conversion
Class A Common Stock
2023-08-09+1,948→ 1,948 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,088$4,221→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class A Common Stock
2023-08-09+196,960→ 196,960 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,088→ 1,088 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−196,960$764,205→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2023-08-09−196,960→ 8,296,276 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (196,960 underlying) - Conversion
Class B Common Stock
2023-08-09−1,088→ 45,851 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (1,088 underlying) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,948$7,558→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)
Holdings
- 47
Class A Common Stock
- 957
Class A Common Stock
- 1,031
Class A Common Stock
Trinity X Side-By-Side Fund, L.P.
10% Owner
Transactions
- Conversion
Class B Common Stock
2023-08-09−196,960→ 8,296,276 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (196,960 underlying) - Conversion
Class B Common Stock
2023-08-09−1,948→ 82,140 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (1,948 underlying) - Conversion
Class A Common Stock
2023-08-09+196,960→ 196,960 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,948→ 1,948 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,088→ 1,088 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−196,960$764,205→ 0 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,948$7,558→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2023-08-09−1,088→ 45,851 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (1,088 underlying) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,088$4,221→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.)
Holdings
- 47
Class A Common Stock
- 957
Class A Common Stock
- 1,031
Class A Common Stock
CHOPRA AJAY
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-08-09+1,948→ 1,948 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2023-08-09−196,960→ 8,296,276 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (196,960 underlying) - Conversion
Class B Common Stock
2023-08-09−1,088→ 45,851 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (1,088 underlying) - Conversion
Class A Common Stock
2023-08-09+196,960→ 196,960 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,088→ 1,088 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−196,960$764,205→ 0 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,948$7,558→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,088$4,221→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2023-08-09−1,948→ 82,140 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (1,948 underlying)
Holdings
- 47
Class A Common Stock
- 1,031
Class A Common Stock
- 957
Class A Common Stock
Trinity TVL X, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-08-09+196,960→ 196,960 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,088→ 1,088 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−196,960$764,205→ 0 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,948$7,558→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,088$4,221→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2023-08-09−196,960→ 8,296,276 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (196,960 underlying) - Conversion
Class B Common Stock
2023-08-09−1,088→ 45,851 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (1,088 underlying) - Conversion
Class A Common Stock
2023-08-09+1,948→ 1,948 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2023-08-09−1,948→ 82,140 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (1,948 underlying)
Holdings
- 47
Class A Common Stock
- 957
Class A Common Stock
- 1,031
Class A Common Stock
Trinity X Entrepreneurs' Fund, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-08-09+196,960→ 196,960 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,948→ 1,948 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,088→ 1,088 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−196,960$764,205→ 0 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,948$7,558→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,088$4,221→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2023-08-09−196,960→ 8,296,276 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (196,960 underlying) - Conversion
Class B Common Stock
2023-08-09−1,948→ 82,140 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (1,948 underlying) - Conversion
Class B Common Stock
2023-08-09−1,088→ 45,851 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (1,088 underlying)
Holdings
- 47
Class A Common Stock
- 957
Class A Common Stock
- 1,031
Class A Common Stock
Fenton Noel J
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-08-09+196,960→ 196,960 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2023-08-09+1,088→ 1,088 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−196,960$764,205→ 0 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,948$7,558→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2023-08-09$3.88/sh−1,088$4,221→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2023-08-09−196,960→ 8,296,276 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (196,960 underlying) - Conversion
Class B Common Stock
2023-08-09−1,948→ 82,140 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (1,948 underlying) - Conversion
Class B Common Stock
2023-08-09−1,088→ 45,851 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (1,088 underlying) - Conversion
Class A Common Stock
2023-08-09+1,948→ 1,948 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)
Holdings
- 47
Class A Common Stock
- 957
Class A Common Stock
- 1,031
Class A Common Stock
Footnotes (8)
- [F1]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 9, 2023.
- [F2]Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration.
- [F3]Trinity TVL X, LLC is the General Partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Funds"), and the Management Members of Trinity TVL X, LLC share voting and dispositive power over the shares held by each of the Trinity Funds. The Management Members of Trinity TVL X, LLC are Ajay Chopra, Noel Fenton and Patricia Nakache. Each of Trinity TVL X, LLC, Mr. Chopra and Mr. Fenton disclaims beneficial ownership of the shares reported herein except to the extent of its or his respective pecuniary interest therein. Ms. Nakache is a director of the Issuer and files separate Section 16 reports.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.74 to $4.02 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]Shares are directly held by TVL Management Corp ("TVL Corp"). Each of Ajay Chopra, Noel Fenton and Patricia Nakache is an executive officer and director of TVL Corp and shares voting and dispositive power over the shares held by TVL Corp. Each of Mr. Chopra and Mr. Fenton disclaims beneficial ownership of the shares reported herein except to the extent of his respective pecuniary interest therein. Ms. Nakache is a director of the Issuer and files separate Section 16 reports.
- [F6]Shares are directly held by Ajay Chopra.
- [F7]Shares are directly held by Noel J. Fenton.
- [F8]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.
Documents
Issuer
ThredUp Inc.
CIK 0001484778
Entity typeother
Related Parties
1- filerCIK 0001228023
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 4:54 PM ET
- Size
- 33.3 KB