0001415889-24-015425.txt : 20240604
0001415889-24-015425.hdr.sgml : 20240604
20240604173122
ACCESSION NUMBER: 0001415889-24-015425
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240531
FILED AS OF DATE: 20240604
DATE AS OF CHANGE: 20240604
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: 241019644
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
form4-06042024_090618.xml
X0508
4
2024-05-31
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
2024-05-31
4
C
0
7663
0
A
7663
I
By Trinity Ventures X, L.P.
Class A Common Stock
2024-05-31
4
C
0
76
0
A
76
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2024-05-31
4
C
0
42
0
A
42
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2024-05-31
4
S
0
7663
2.05
D
0
I
By Trinity Ventures X, L.P.
Class A Common Stock
2024-05-31
4
S
0
76
2.05
D
0
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2024-05-31
4
S
0
42
2.05
D
0
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2024-06-03
4
C
0
7800
0
A
7800
I
By Trinity Ventures X, L.P.
Class A Common Stock
2024-06-03
4
C
0
77
0
A
77
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2024-06-03
4
C
0
43
0
A
43
I
By Trinity X Side-By-Side Fund, L.P.
Class A Common Stock
2024-06-03
4
S
0
7800
2.05
D
0
I
By Trinity Ventures X, L.P.
Class A Common Stock
2024-06-03
4
S
0
77
2.05
D
0
I
By Trinity X Entrepreneurs' Fund, L.P.
Class A Common Stock
2024-06-03
4
S
0
43
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
2024-05-31
4
C
0
7663
0
D
Class A Common Stock
7663
7257276
I
By Trinity Ventures X, L.P.
Class B Common Stock
2024-05-31
4
C
0
76
0
D
Class A Common Stock
76
71853
I
By Trinity X Entrepreneurs' Fund, L.P.
Class B Common Stock
2024-05-31
4
C
0
42
0
D
Class A Common Stock
42
40108
I
By Trinity X Side-By-Side Fund, L.P.
Class B Common Stock
2024-06-03
4
C
0
7800
0
D
Class A Common Stock
7800
7249476
I
By Trinity Ventures X, L.P.
Class B Common Stock
2024-06-03
4
C
0
77
0
D
Class A Common Stock
77
71776
I
By Trinity X Entrepreneurs' Fund, L.P.
Class B Common Stock
2024-06-03
4
C
0
43
0
D
Common Stock
43
40065
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 $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 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
2024-06-04