Friedman Ian 4
4 · ThredUp Inc. · Filed Jun 3, 2022
Insider Transaction Report
Form 4
ThredUp Inc.TDUP
Friedman Ian
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2022-06-01−30,000→ 0 totalExercise: $2.05From: 2021-08-26Exp: 2030-08-25→ Class B Common Stock (30,000 underlying) - Conversion
Class B Common Stock
2022-06-01−30,000→ 0 total→ Class A Common Stock (30,000 underlying) - Conversion
Class A Common Stock
2022-06-01+30,000→ 64,924 total - Exercise/Conversion
Class B Common Stock
2022-06-01+30,000→ 30,000 total→ Class A Common Stock (30,000 underlying) - Sale
Class A Common Stock
2022-06-01$4.01/sh−15,503$62,220→ 49,421 total
Footnotes (3)
- [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]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $3.991 to $4.05 per share. The Reporting Person undertakes 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.
- [F3]The stock option vested in full on August 26, 2021.