0001209191-23-043879.txt : 20230731
0001209191-23-043879.hdr.sgml : 20230731
20230731180633
ACCESSION NUMBER: 0001209191-23-043879
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230727
FILED AS OF DATE: 20230731
DATE AS OF CHANGE: 20230731
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: 231128853
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: 231128852
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: 231128851
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: 231128854
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: 231128850
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: 231128855
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
X0508
4
2023-07-27
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
2023-07-27
4
C
0
1588
0.00
A
1588
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-07-27
4
C
0
16
0.00
A
16
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-07-27
4
C
0
8
0.00
A
8
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2023-07-27
4
S
0
1588
3.47
D
0
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-07-27
4
S
0
16
3.47
D
0
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-07-27
4
S
0
8
3.47
D
0
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2023-07-28
4
C
0
47652
0.00
A
47652
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-07-28
4
C
0
471
0.00
A
471
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-07-28
4
C
0
264
0.00
A
264
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2023-07-28
4
S
0
47652
3.48
D
0
I
By Trinity Ventures X, L.P.
Class A Common Stock
2023-07-28
4
S
0
471
3.48
D
0
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2023-07-28
4
S
0
264
3.48
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
2023-07-27
4
C
0
1588
0.00
D
Class A Common Stock
1588
8540888
I
By Trinity Ventures X, L.P.
Class B Common Stock
2023-07-27
4
C
0
16
0.00
D
Class A Common Stock
16
84559
I
By Trinity X Entrepreneurs' Fund, L.P.
Class B Common Stock
2023-07-27
4
C
0
8
0.00
D
Class A Common Stock
8
47203
I
By Trinity X Side-By-Side Fund, L.P.
Class B Common Stock
2023-07-28
4
C
0
47652
0.00
D
Class A Common Stock
47652
8493236
I
By Trinity Ventures X, L.P.
Class B Common Stock
2023-07-28
4
C
0
471
0.00
D
Class A Common Stock
471
84088
I
By Trinity X Entrepreneurs' Fund, L.P.
Class B Common Stock
2023-07-28
4
C
0
264
0.00
D
Class A Common Stock
264
46939
I
By Trinity X Side-By-Side Fund, L.P.
This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 9, 2023.
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 $3.46 to $3.48 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.46 to $3.52 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.
Shares are directly held by Noel J. Fenton.
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
2023-07-31
Trinity Ventures X, L.P., By: Trinity TVL X, LLC, its General Partner, By /s/ Lyle McCulloch, SVP Finance
2023-07-31
Trinity X Entrepreneurs' Fund, L.P., By: Trinity TVL X, LLC, its General Partner, By /s/ Lyle McCulloch, SVP Finance
2023-07-31
Trinity X Side-By-Side Fund, L.P., By: Trinity TVL X, LLC, its General Partner, By /s/ Lyle McCulloch, SVP Finance
2023-07-31
/s/ Ajay Chopra
2023-07-31
/s/ Noel J. Fenton
2023-07-31