Marino Anthony Salvatore 4
4 · ThredUp Inc. · Filed Jun 5, 2023
Insider Transaction Report
Form 4
ThredUp Inc.TDUP
Marino Anthony Salvatore
President
Transactions
- Tax Payment
Class A Common Stock
2023-06-01$2.20/sh−20,139$44,306→ 328,272 total - Exercise/Conversion
Class A Common Stock
2023-06-01+41,335→ 304,468 total - Tax Payment
Class A Common Stock
2023-06-01$2.20/sh−14,294$31,447→ 290,174 total - Exercise/Conversion
Restricted Stock Units
2023-06-01−41,335→ 929,954 total→ Class A Common Stock (41,335 underlying) - Award
Class A Common Stock
2023-05-31$1.06/sh+10,000$10,625→ 263,133 total - Exercise/Conversion
Class A Common Stock
2023-06-01+58,237→ 348,411 total - Exercise/Conversion
Restricted Stock Units
2023-06-01−58,237→ 871,717 total→ Class A Common Stock (58,237 underlying)
Footnotes (5)
- [F1]Shares purchased pursuant to the ThredUp Inc. 2021 Employee Stock Purchase Plan.
- [F2]Represents shares of Class A Common Stock that were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]On April 11, 2022, the Reporting Person was granted 457,869 RSUs, which vested 6.25% in quarterly installments on each of June 1, 2022, September 1, 2022 and December 1, 2022, and beginning on March 1, 2023, vest 9.03% in quarterly installments on March 1, June 1, September 1 and December 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.
- [F5]On February 15, 2023, the Reporting Person was granted 698,841 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.