Sutter Paula 4
4 · ThredUp Inc. · Filed May 27, 2022
Insider Transaction Report
Form 4
ThredUp Inc.TDUP
Sutter Paula
Director
Transactions
- Award
Class A Common Stock
2022-05-25+1,634→ 65,311 total - Award
Class A Common Stock
2022-05-26+19,613→ 84,924 total
Footnotes (2)
- [F1]Grant of fully vested restricted stock units ("RSUs") under the Issuer's 2021 Stock Option and Incentive Plan in a transaction exempt under Rule 16b-3. Each unit represents a right to receive one share of the Issuer's Class A Common Stock. The Reporting Person elected to receive RSUs in lieu of her annual cash retainer, which retainer is paid in quarterly installments.
- [F2]These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of (i) May 26, 2023 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer on such date.