0001209191-23-031483.txt : 20230522
0001209191-23-031483.hdr.sgml : 20230522
20230522164424
ACCESSION NUMBER: 0001209191-23-031483
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230518
FILED AS OF DATE: 20230522
DATE AS OF CHANGE: 20230522
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CHOPRA AJAY
CENTRAL INDEX KEY: 0001228023
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 23945167
MAIL ADDRESS:
STREET 1: 3000 SAND HILL ROAD
STREET 2: BUILDING 4, SUITE 160
CITY: MENLO PARK
STATE: CA
ZIP: 94025
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fenton Noel J
CENTRAL INDEX KEY: 0001290449
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 23945166
MAIL ADDRESS:
STREET 1: C/O TRINITY VENTURES
STREET 2: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TRINITY VENTURES X LP
CENTRAL INDEX KEY: 0001456065
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 23945170
BUSINESS ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: 650-854-9500
MAIL ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Trinity X Side-By-Side Fund, L.P.
CENTRAL INDEX KEY: 0001459208
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 23945168
BUSINESS ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: 6508549500
MAIL ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Trinity TVL X, LLC
CENTRAL INDEX KEY: 0001461710
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 23945171
BUSINESS ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: (650) 854-9500
MAIL ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Trinity X Entrepreneurs' Fund, L.P.
CENTRAL INDEX KEY: 0001461716
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 23945169
BUSINESS ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
BUSINESS PHONE: (650) 854-9500
MAIL ADDRESS:
STREET 1: 325 SHARON PARK DR., #458
CITY: MENLO PARK
STATE: CA
ZIP: 94025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ThredUp Inc.
CENTRAL INDEX KEY: 0001484778
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
IRS NUMBER: 264009181
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 969 BROADWAY
STREET 2: SUITE 200
CITY: OAKLAND
STATE: CA
ZIP: 94607
BUSINESS PHONE: 415-402-5202
MAIL ADDRESS:
STREET 1: 969 BROADWAY
STREET 2: SUITE 200
CITY: OAKLAND
STATE: CA
ZIP: 94607
FORMER COMPANY:
FORMER CONFORMED NAME: thredUP
DATE OF NAME CHANGE: 20100222
4
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-05-18
0
0001484778
ThredUp Inc.
TDUP
0001461710
Trinity TVL X, LLC
325 SHARON PARK DR., #458
MENLO PARK
CA
94025
0
0
1
0
0001456065
TRINITY VENTURES X LP
325 SHARON PARK DR., #458
MENLO PARK
CA
94025
0
0
1
0
0001461716
Trinity X Entrepreneurs' Fund, L.P.
325 SHARON PARK DR., #458
MENLO PARK
CA
94025
0
0
1
0
0001459208
Trinity X Side-By-Side Fund, L.P.
325 SHARON PARK DR., #458
MENLO PARK
CA
94025
0
0
1
0
0001228023
CHOPRA AJAY
C/O TRINITY VENTURES
325 SHARON PARK DR., #458
MENLO PARK
CA
94025
0
0
1
0
0001290449
Fenton Noel J
C/O TRINITY VENTURES
325 SHARON PARK DR., #458
MENLO PARK
CA
94025
0
0
1
0
0
Class A Common Stock
2023-05-18
4
C
0
7116
0.00
A
7116
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-05-18
4
C
0
71
0.00
A
71
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-05-18
4
C
0
39
0.00
A
39
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2023-05-18
4
S
0
7116
2.99
D
0
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-05-18
4
S
0
71
2.99
D
0
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-05-18
4
S
0
39
2.99
D
0
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2023-05-19
4
C
0
13557
0.00
A
13557
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-05-19
4
C
0
134
0.00
A
134
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-05-19
4
C
0
75
0.00
A
75
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2023-05-19
4
S
0
13557
3.00
D
0
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-05-19
4
S
0
134
3.00
D
0
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-05-19
4
S
0
75
3.00
D
0
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
47
D
Class A Common Stock
957
D
Class A Common Stock
1031
D
Class B Common Stock
2023-05-18
4
C
0
7116
0.00
D
Class A Common Stock
7116
8703753
I
By Trinity Ventures X, L.P.
Class B Common Stock
2023-05-18
4
C
0
71
0.00
D
Class A Common Stock
71
86291
I
By Trinity X Entrepreneurs' Fund, L.P.
Class B Common Stock
2023-05-18
4
C
0
39
0.00
D
Class A Common Stock
39
47981
I
By Trinity X Side-By-Side Fund, L.P.
Class B Common Stock
2023-05-19
4
C
0
13557
0.00
D
Class A Common Stock
13557
8690196
I
By Trinity Ventures X, L.P.
Class B Common Stock
2023-05-19
4
C
0
134
0.00
D
Class A Common Stock
134
86157
I
By Trinity X Entrepreneurs' Fund, L.P.
Class B Common Stock
2023-05-19
4
C
0
75
0.00
D
Class A Common Stock
75
47906
I
By Trinity Ventures X, L.P.
Each share of Class B Common Stock was converted into one share of Class A Common Stock for no additional consideration.
Trinity TVL X, LLC is the General Partner of Trinity Ventures X, L.P., Trinity X Entrepreneurs Fund, L.P. and Trinity X Side-By-Side Fund, L.P. (collectively, the "Trinity Funds"), and the Management Members of Trinity TVL X, LLC share voting and dispositive power over the shares held by each of the Trinity Funds. The Management Members of Trinity TVL X, LLC are Ajay Chopra, Noel Fenton and Patricia Nakache. Each of Trinity TVL X, LLC, Mr. Chopra and Mr. Fenton disclaims beneficial ownership of the shares reported herein except to the extent of its or his respective pecuniary interest therein. Ms. Nakache is a director of the Issuer and files separate Section 16 reports.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.99 to $3.03 inclusive. The Reporting Persons undertake 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.
Shares are directly held by TVL Management Corp ("TVL Corp"). Each of Ajay Chopra, Noel Fenton and Patricia Nakache is an executive officer and director of TVL Corp and shares voting and dispositive power over the shares held by TVL Corp. Each of Mr. Chopra and Mr. Fenton disclaims beneficial ownership of the shares reported herein except to the extent of his respective pecuniary interest therein. Ms. Nakache is a director of the Issuer and files separate Section 16 reports.
Shares are directly held by Ajay Chopra. These shares were received by the Reporting Person in a distribution in kind that constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16.
Shares are directly held by Noel J. Fenton. These shares were received by the Reporting Person in a distribution in kind that constituted a change in form of ownership and, therefore, was not required to be reported pursuant to Section 16.
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.
Trinity TVL X, LLC By /s/ Lyle McCulloch, SVP Finance
2023-05-22
Trinity Ventures X, L.P., By: Trinity TVL X, LLC, its General Partner, By /s/ Lyle McCulloch, SVP Finance
2023-05-22
Trinity X Entrepreneurs' Fund, L.P., By: Trinity TVL X, LLC, its General Partner, By /s/ Lyle McCulloch, SVP Finance
2023-05-22
Trinity X Side-By-Side Fund, L.P., By: Trinity TVL X, LLC, its General Partner, By /s/ Lyle McCulloch, SVP Finance
2023-05-22
/s/ Ajay Chopra
2023-05-22
/s/ Noel J. Fenton
2023-05-22