0001484778-23-000135.txt : 20230605 0001484778-23-000135.hdr.sgml : 20230605 20230605163409 ACCESSION NUMBER: 0001484778-23-000135 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230601 FILED AS OF DATE: 20230605 DATE AS OF CHANGE: 20230605 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: 23993041 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 wk-form4_1685997235.xml FORM 4 X0407 4 2023-06-01 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 0 Class A Common Stock 2023-05-31 5 A 0 E 10000 1.0625 A 122583 D Class A Common Stock 2023-06-01 4 M 0 27754 0 A 150337 D Class A Common Stock 2023-06-01 4 F 0 9598 2.20 D 140739 D Class A Common Stock 2023-06-01 4 M 0 36958 0 A 177697 D Class A Common Stock 2023-06-01 4 F 0 12781 2.20 D 164916 D Restricted Stock Units 2023-06-01 4 M 0 27754 0 D Class A Common Stock 27754 600816 D Restricted Stock Units 2023-06-01 4 M 0 36958 0 D Class A Common Stock 36958 563858 D Shares purchased pursuant to the ThredUp Inc. 2021 Employee Stock Purchase Plan. Represents shares of Class A Common Stock that were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. 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, which vested 6.25% in quarterly installments on each of June 1, 2022, September 1, 2022 and December 1, 2022, and beginning on March 1, 2023, vest 9.03% in quarterly installments on March 1, June 1, September 1 and December 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date. On February 15, 2023, the Reporting Person was granted 443,495 RSUs, vesting in twelve 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 2023-06-05