0001484778-21-000126.txt : 20211112
0001484778-21-000126.hdr.sgml : 20211112
20211112161107
ACCESSION NUMBER: 0001484778-21-000126
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211109
FILED AS OF DATE: 20211112
DATE AS OF CHANGE: 20211112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BETTINELLI GREG
CENTRAL INDEX KEY: 0001583198
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 211403560
MAIL ADDRESS:
STREET 1: 4151 EAST 96TH STREET
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46240
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
wf-form4_163675143369964.xml
FORM 4
X0306
4
2021-11-09
0
0001484778
ThredUp Inc.
TDUP
0001583198
BETTINELLI GREG
C/O THREDUP INC.
969 BROADWAY, SUITE 200
OAKLAND
CA
94607
1
0
0
0
Class A Common Stock
2021-11-09
4
C
0
371973
0
A
371973
I
By Upfront Growth I, L.P.
Class A Common Stock
2021-11-09
4
C
0
557960
0
A
557960
I
By Upfront Growth II, L.P.
Class A Common Stock
2021-11-09
4
C
0
1201169
0
A
1201169
I
By Upfront IV, L.P.
Class A Common Stock
2021-11-09
4
C
0
68898
0
A
68898
I
By Upfront IV Ancillary, L.P.
Class A Common Stock
2021-11-09
4
J
0
338157
0
D
33816
I
By Upfront Growth I, L.P.
Class A Common Stock
2021-11-09
4
J
0
507236
0
D
50724
I
By Upfront Growth II, L.P.
Class A Common Stock
2021-11-09
4
J
0
1091972
0
D
109197
I
By Upfront IV, L.P.
Class A Common Stock
2021-11-09
4
J
0
62635
0
D
6263
I
By Upfront IV Ancillary, L.P.
Class A Common Stock
2021-11-09
4
J
0
30637
0
A
30637
D
Class A Common Stock
2021-11-10
4
S
0
19028
19.475
D
11609
D
Class A Common Stock
2021-11-10
4
S
0
972
19.0057
D
10637
D
Class B Common Stock
2021-11-09
4
C
0
371973
0
D
Class A Common Stock
371973.0
1170754
I
By Upfront Growth I, L.P.
Class B Common Stock
2021-11-09
4
C
0
557960
0
D
Class A Common Stock
557960.0
1756131
I
By Upfront Growth II, L.P.
Class B Common Stock
2021-11-09
4
C
0
1201169
0
D
Class A Common Stock
1201169.0
3780579
I
By Upfront IV L.P.
Class B Common Stock
2021-11-09
4
C
0
68898
0
D
Class A Common Stock
68898.0
216851
I
By Upfront IV Ancillary, L.P.
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.
Upfront Growth GP I, LLC is the general partner of Upfront Growth I, L.P. ("Upfront Growth I"). Upfront Growth GP II, LLC is the general partner of Upfront Growth II, L.P. ("Upfront Growth II"). Upfront GP IV, L.P. is the general partner of Upfront IV, L.P. ("Upfront IV"). Upfront IV Ancillary GP, LLC is the general partner of Upfront IV Ancillary, L.P. ("Upfront IV Ancillary," and together with Upfront Growth I, Upfront Growth II and Upfront IV, the "Upfront Entities"). The Upfront Entities are managed by Upfront Ventures Management, LLC which is controlled by Mark Suster and Yves Sisteron. The Reporting Person is a member or limited partner, as applicable, of the general partners of the respective Upfront Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein.
Represents pro rata, in-kind distributions, and not a purchase or sale, of securities without consideration, by such distributing entity to its respective partners, members and/or assigns. Such distributions were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended.
Represents (i) 3,354 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront Growth I for no consideration on November 9, 2021, (ii) 2,270 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront Growth II for no consideration on November 9, 2021, (iii) 24,889 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront IV for no consideration on November 9, 2021, and (iv) 124 shares of Class A Common Stock acquired by the Reporting Person in a distribution by Upfront IV Ancillary. for no consideration on November 9, 2021. All of the aforementioned distributions were made in accordance with the exemptions afforded by Rules 16a-9 and 16a-13 of the Securities Exchange Act of 1934, as amended.
This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.25 to $19.65 per share. 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 reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.03 per share. 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.
/s/ Alon Rotem, Attorney-in-Fact
2021-11-12