0001209191-23-042974.txt : 20230720 0001209191-23-042974.hdr.sgml : 20230720 20230720194332 ACCESSION NUMBER: 0001209191-23-042974 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230718 FILED AS OF DATE: 20230720 DATE AS OF CHANGE: 20230720 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nakache Patricia CENTRAL INDEX KEY: 0001597755 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40249 FILM NUMBER: 231100815 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 2023-07-18 0 0001484778 ThredUp Inc. TDUP 0001597755 Nakache Patricia C/O TRINITY VENTURES 325 SHARON PARK DR., #458 MENLO PARK CA 94025 1 0 1 0 1 Class A Common Stock 2023-07-18 4 C 0 49240 0.00 A 49240 I By Trinity Ventures X, L.P. Class A Common Stock 2023-07-18 4 C 0 487 0.00 A 487 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2023-07-18 4 C 0 272 0.00 A 272 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2023-07-18 4 S 0 49240 2.60 D 0 I By Trinity Ventures X, L.P. Class A Common Stock 2023-07-18 4 S 0 487 2.60 D 0 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2023-07-18 4 S 0 272 2.60 D 0 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2023-07-19 4 C 0 49240 0.00 A 49240 I By Trinity Ventures X, L.P. Class A Common Stock 2023-07-19 4 C 0 487 0.00 A 487 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2023-07-19 4 C 0 272 0.00 A 272 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2023-07-19 4 S 0 49240 2.98 D 0 I By Trinity Ventures X, L.P. Class A Common Stock 2023-07-19 4 S 0 487 2.98 D 0 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2023-07-19 4 S 0 272 2.98 D 0 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2023-07-20 4 C 0 33598 0.00 A 33598 I By Trinity Ventures X, L.P. Class A Common Stock 2023-07-20 4 C 0 332 0.00 A 332 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2023-07-20 4 C 0 186 0.00 A 186 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2023-07-20 4 S 0 33598 3.24 D 0 I By Trinity Ventures X, L.P. Class A Common Stock 2023-07-20 4 S 0 332 3.24 D 0 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2023-07-20 4 S 0 186 3.24 D 0 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 47 I By TVL Management Corp Class A Common Stock 132801 D Class B Common Stock 2023-07-18 4 C 0 49240 0.00 D Class A Common Stock 49240 8640956 I By Trinity Ventures X, L.P. Class B Common Stock 2023-07-18 4 C 0 487 0.00 D Class A Common Stock 487 85549 I By Trinity X Entrepreneurs' Fund, L.P. Class B Common Stock 2023-07-18 4 C 0 272 0.00 D Class A Common Stock 272 47755 I By Trinity X Side-By-Side Fund, L.P. Class B Common Stock 2023-07-19 4 C 0 49240 0.00 D Class A Common Stock 49240 8591716 I By Trinity Ventures X, L.P. Class B Common Stock 2023-07-19 4 C 0 487 0.00 D Class A Common Stock 487 85062 I By Trinity X Entrepreneurs' Fund, L.P. Class B Common Stock 2023-07-19 4 C 0 272 0.00 D Class A Common Stock 272 47483 I By Trinity X Side-By-Side Fund, L.P. Class B Common Stock 2023-07-20 4 C 0 33598 0.00 D Class A Common Stock 33598 8558118 I By Trinity Ventures X, L.P. Class B Common Stock 2023-07-20 4 C 0 332 0.00 D Class A Common Stock 332 84730 I By Trinity X Entrepreneurs' Fund, L.P. Class B Common Stock 2023-07-20 4 C 0 186 0.00 D Class A Common Stock 186 47297 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. The Reporting Person is a Management Member of Trinity TVL X, LLC, 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 shares voting and dispositive power with the other Management Members over the shares held by each of the Trinity Funds. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.59 to $2.63 inclusive. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.97 to $3.00 inclusive. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.24 to $3.25 inclusive. 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. The Reporting Person is an executive officer and director of TVL Management Corp and shares voting and dispositive power over the shares held by TVL Management Corp. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of her pecuniary interest therein. 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. /s/ Patricia E. Nakache 2023-07-20