4//SEC Filing
CHOPRA AJAY 4
Accession 0001484778-21-000045
CIK 0001484778other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 7:04 PM ET
Size
34.1 KB
Accession
0001484778-21-000045
Insider Transaction Report
Form 4
ThredUp Inc.TDUP
Trinity TVL X, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying)
TRINITY VENTURES X LP
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying)
CHOPRA AJAY
10% Owner
Transactions
- Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying)
Fenton Noel J
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying)
Labatt Nina C.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying) - Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.)
Nakache Patricia
Director
Transactions
- Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying) - Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying)
ORR LAWRENCE K
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying)
Trinity X Side-By-Side Fund, L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying) - Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.)
Trinity X Entrepreneurs' Fund, L.P.
10% Owner
Transactions
- Sale
Class A Common Stock
2021-08-02$23.16/sh−1,056,423$24,465,489→ 0 total(indirect: By Trinity Ventures X, L.P.) - Conversion
Class A Common Stock
2021-08-02+5,838→ 5,838 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−1,056,423→ 9,507,815 total(indirect: By Trinity Ventures X, L.P.)→ Class A Common Stock (1,056,423 underlying) - Conversion
Class B Common Stock
2021-08-02−10,459→ 94,131 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.)→ Class A Common Stock (10,459 underlying) - Conversion
Class A Common Stock
2021-08-02+1,056,423→ 1,056,423 total(indirect: By Trinity Ventures X, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−10,459$242,218→ 0 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Conversion
Class A Common Stock
2021-08-02+10,459→ 10,459 total(indirect: By Trinity X Entrepreneurs' Fund, L.P.) - Sale
Class A Common Stock
2021-08-02$23.16/sh−5,838$135,201→ 0 total(indirect: By Trinity X Side-By-Side Fund, L.P.) - Conversion
Class B Common Stock
2021-08-02−5,838→ 52,545 total(indirect: By Trinity X Side-By-Side Fund, L.P.)→ Class A Common Stock (5,838 underlying)
Footnotes (4)
- [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 registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated July 28, 2021, which offering was consummated on August 2, 2021.
- [F2]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 Entities), and the Management Members of Trinity TVL X, LLC share voting and dispositive power over the shares held by each of the Trinity Entities. The Management Members of Trinity TVL X, LLC are Ajay Chopra, Noel Fenton, Nina Labatt, Patricia Nakache and Larry Orr. Each of Trinity TVL X, LLC, Mr. Chopra, Mr. Fenton, Ms. Labatt and Mr. Orr disclaims beneficial ownership of the shares reported herein except to the extent of his, her or its respective pecuniary interest therein. Ms. Nakache is a director of the Issuer and files separate Section 16 reports.
- [F3]Pursuant to an underwriting agreement and in connection with the registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated July 28, 2021, which offering was consummated on August 2, 2021, Trinity Ventures X, L.P. sold 1,056,423 shares of Class A Common Stock, Trinity X Entrepreneurs' Fund, L.P. sold 10,459 shares of Class A Common Stock and Trinity X Side-By-Side Fund, L.P. sold 5,838 shares of Class A Common Stock, each at a price per share of $23.1588 (after underwriting discounts and commissions). The Trinity Entities were selling stockholders in the registered public offering.
- [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 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 1, 8:00 PM ET
- Accepted
- Aug 2, 7:04 PM ET
- Size
- 34.1 KB