4//SEC Filing
BETTINELLI GREG 4
Accession 0001484778-21-000129
CIK 0001484778other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:24 PM ET
Size
28.7 KB
Accession
0001484778-21-000129
Insider Transaction Report
Form 4
ThredUp Inc.TDUP
BETTINELLI GREG
Director
Transactions
- 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.) - Other
Class A Common Stock
2021-11-15+54,303→ 64,940 total - 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 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
2021-11-15−1,910,951→ 0 total(indirect: By Upfront 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
2021-11-15−887,663→ 0 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
2021-11-15−109,611→ 0 total(indirect: By Upfront IV Ancillary, 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)
Footnotes (4)
- [F1]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. The Reporting Person is a member or limited partner, as applicable, of the general partners of the respective Upfront Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein.
- [F3]Represents pro rata, in-kind distributions, and not a purchase or sale, of securities without consideration, by such distributing entity to its respective partners, members and/or assigns. Such distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
- [F4]Represents (i) 8,978 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront Growth GP I, LLC for no consideration on November 15, 2021, (ii) 3,973 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront Growth GP II, LLC for no consideration on November 15, 2021, (iii) 41,133 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront IV GP, L.P. for no consideration on November 15, 2021, and (iv) 219 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront IV Ancillary GP, LLC for no consideration on November 15, 2021. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-9 and 16a-13 of the Securities Exchange Act of 1934, as amended.
Documents
Issuer
ThredUp Inc.
CIK 0001484778
Entity typeother
Related Parties
1- filerCIK 0001583198
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 4:24 PM ET
- Size
- 28.7 KB