Redpoint Ventures IV, LLC 4
4 · ThredUp Inc. · Filed Apr 1, 2021
Insider Transaction Report
Form 4
ThredUp Inc.TDUP
Redpoint Ventures IV, L.P.
10% Owner
Transactions
- Conversion
Series B Preferred Stock
2021-03-30−135,106→ 0 total(indirect: By LLC)→ Common Stock (135,106 underlying) - Conversion
Series E Preferred Stock
2021-03-30−26,765→ 0 total(indirect: By LLC)→ Common Stock (26,765 underlying) - Conversion
Series E-1 Preferred Stock
2021-03-30−13,981→ 0 total(indirect: By LLC)→ Common Stock (13,981 underlying) - Other
Class B Common Stock
2021-03-30+267,662→ 267,662 total(indirect: By LLC)→ Class A Common Stock (267,662 underlying) - Conversion
Series A-1 Preferred Stock
2021-03-30−37,760→ 0 total→ Common Stock (37,760 underlying) - Conversion
Series B Preferred Stock
2021-03-30−5,269,130→ 0 total→ Common Stock (5,269,130 underlying) - Conversion
Series D Preferred Stock
2021-03-30−42,342→ 0 total(indirect: By LLC)→ Common Stock (42,342 underlying) - Conversion
Series F Preferred Stock
2021-03-30−191,206→ 0 total→ Common Stock (191,206 underlying) - Other
Common Stock
2021-03-30−2,905→ 0 total(indirect: By LLC) - Other
Class B Common Stock
2021-03-30+10,438,866→ 10,438,866 total→ Class A Common Stock (10,438,866 underlying) - Other
Common Stock
2021-03-30−113,298→ 0 total - Conversion
Series A Preferred Stock
2021-03-30−1,478→ 0 total(indirect: By LLC)→ Common Stock (1,478 underlying) - Conversion
Series A Preferred Stock
2021-03-30−57,634→ 0 total→ Common Stock (57,634 underlying) - Conversion
Series A-1 Preferred Stock
2021-03-30−968→ 0 total(indirect: By LLC)→ Common Stock (968 underlying) - Conversion
Series C Preferred Stock
2021-03-30−39,214→ 0 total(indirect: By LLC)→ Common Stock (39,214 underlying) - Conversion
Series C Preferred Stock
2021-03-30−1,529,349→ 0 total→ Common Stock (1,529,349 underlying) - Conversion
Series D Preferred Stock
2021-03-30−1,651,350→ 0 total→ Common Stock (1,651,350 underlying) - Conversion
Series E Preferred Stock
2021-03-30−1,043,846→ 0 total→ Common Stock (1,043,846 underlying) - Conversion
Series E-1 Preferred Stock
2021-03-30−545,293→ 0 total→ Common Stock (545,293 underlying) - Conversion
Series F Preferred Stock
2021-03-30−4,903→ 0 total(indirect: By LLC)→ Common Stock (4,903 underlying)
Footnotes (4)
- [F1]Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
- [F2]Each share of Class B 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.
- [F3]Redpoint Ventures IV, LLC ("RV IV LLC"), is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.
- [F4]Immediately prior to the closing of the Issuer's initial public offering, each share of Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series E-1 Preferred Stock and Series F Preferred Stock (collectively, the "Preferred Stock") automatically converted into one share of the Issuer's Common Stock, par value $0.0001 per share, on a one-for-one basis. The Preferred Stock had no expiration date.