0001484778-22-000158.txt : 20220906
0001484778-22-000158.hdr.sgml : 20220906
20220906162134
ACCESSION NUMBER: 0001484778-22-000158
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220901
FILED AS OF DATE: 20220906
DATE AS OF CHANGE: 20220906
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sobers Sean
CENTRAL INDEX KEY: 0001688472
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 221228515
MAIL ADDRESS:
STREET 1: 3450 W. WARREN AVENUE
CITY: FREMONT
STATE: CA
ZIP: 94538
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_166249567710969.xml
FORM 4
X0306
4
2022-09-01
0
0001484778
ThredUp Inc.
TDUP
0001688472
Sobers Sean
C/O THREDUP INC.
969 BROADWAY, SUITE 200
OAKLAND
CA
94607
0
1
0
0
Chief Financial Officer
Class A Common Stock
2022-09-01
4
A
0
8157
0
A
29815
D
Class A Common Stock
2022-09-02
4
S
0
3007
2.3094
D
26808
D
Class A Common Stock
2022-09-01
4
M
0
19214
0
A
46022
D
Class A Common Stock
2022-09-02
4
S
0
7081
2.3095
D
38941
D
Restricted Stock Units
2022-09-01
4
M
0
19214
0
D
Class A Common Stock
19214.0
268999
D
Settlement of shares from performance-based restricted stock units under the Issuer's 2021 Stock Option and Incentive Plan in a transaction exempt under Rule 16b-3. Each unit represents a right to receive one share of the Issuer's Class A Common Stock.
Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
On April 11, 2022, the Reporting Person was granted 307,427 RSUs, vesting in sixteen equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.
/s/ Alon Rotem, Attorney-in-Fact
2022-09-06