0001415889-24-013480.txt : 20240517 0001415889-24-013480.hdr.sgml : 20240517 20240517161524 ACCESSION NUMBER: 0001415889-24-013480 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Nakache Patricia CENTRAL INDEX KEY: 0001597755 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40249 FILM NUMBER: 24959867 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] ORGANIZATION NAME: 07 Trade & Services 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 form4-05172024_040511.xml X0508 4 2024-05-15 0001484778 ThredUp Inc. TDUP 0001597755 Nakache Patricia C/O TRINITY VENTURES 325 SHARON PARK DR., #458 MENLO PARK CA 94025 true false false false 1 Class A Common Stock 2024-05-15 4 C 0 184686 0 A 184686 I By Trinity Ventures X, L.P. Class A Common Stock 2024-05-15 4 C 0 1829 0 A 1829 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2024-05-15 4 C 0 1020 0 A 1020 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2024-05-15 4 S 0 184686 2.02 D 0 I By Trinity Ventures X, L.P. Class A Common Stock 2024-05-15 4 S 0 1829 2.02 D 0 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2024-05-15 4 S 0 1020 2.02 D 0 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2024-05-16 4 C 0 35740 0 A 35740 I By Trinity Ventures X, L.P. Class A Common Stock 2024-05-16 4 C 0 354 0 A 354 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2024-05-16 4 C 0 198 0 A 198 I By Trinity X Side-By-Side Fund, L.P. Class A Common Stock 2024-05-16 4 S 0 35740 2.05 D 0 I By Trinity Ventures X, L.P. Class A Common Stock 2024-05-16 4 S 0 354 2.05 D 0 I By Trinity X Entrepreneurs' Fund, L.P. Class A Common Stock 2024-05-16 4 S 0 198 2.05 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 240438 D Class B Common Stock 2024-05-15 4 C 0 184686 0 D Class A Common Stock 184686 7372550 I By Trinity Ventures X, L.P. Class B Common Stock 2024-05-15 4 C 0 1829 0 D Class A Common Stock 1829 72994 I By Trinity X Entrepreneurs' Fund, L.P. Class B Common Stock 2024-05-15 4 C 0 1020 0 D Class A Common Stock 1020 40746 I By Trinity X Side-By-Side Fund, L.P. Class B Common Stock 2024-05-16 4 C 0 35740 0 D Class A Common Stock 35740 7336810 I By Trinity Ventures X, L.P. Class B Common Stock 2024-05-16 4 C 0 354 0 D Class A Common Stock 354 72640 I By Trinity X Entrepreneurs' Fund, L.P. Class B Common Stock 2024-05-16 4 C 0 198 0 D Class A Common Stock 198 40548 I By Trinity X Side-By-Side Fund, L.P. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on March 15, 2024. The Reporting Person did not participate in the consideration or the adoption of the Rule 10b5-1 Plan. 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 $1.97 to $2.06 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 $2.05 to $2.06 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 2024-05-17