0001484778-23-000180.txt : 20230906 0001484778-23-000180.hdr.sgml : 20230906 20230906172057 ACCESSION NUMBER: 0001484778-23-000180 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230901 FILED AS OF DATE: 20230906 DATE AS OF CHANGE: 20230906 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Reinhart James G. CENTRAL INDEX KEY: 0001849447 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40249 FILM NUMBER: 231240167 MAIL ADDRESS: STREET 1: 969 BROADWAY STREET 2: SUITE 200 CITY: OAKLAND STATE: CA ZIP: 94607 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_1694035248.xml FORM 4 X0508 4 2023-09-01 0 0001484778 ThredUp Inc. TDUP 0001849447 Reinhart James G. C/O THREDUP INC. 969 BROADWAY, SUITE 200 OAKLAND CA 94607 1 1 0 0 Chief Executive Officer 1 Class A Common Stock 2023-09-01 4 M 0 76766 0 A 231375 D Class A Common Stock 2023-09-01 4 F 0 26546 4.14 D 204829 D Class A Common Stock 2023-09-01 4 M 0 107514 0 A 312343 D Class A Common Stock 2023-09-01 4 F 0 43278 4.14 D 269065 D Class A Common Stock 2023-09-05 4 S 0 52751 4.0149 D 216314 D Restricted Stock Units 2023-09-01 4 M 0 76766 0 D Class A Common Stock 76766 1535751 D Restricted Stock Units 2023-09-01 4 M 0 107514 0 D Class A Common Stock 107514 1428237 D 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. Proceeds to be used by the Reporting Person to repay a personal loan obligation with a third party financial institution in connection with an earlier exercise of ThredUp Inc. stock options. 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 $3.90 to $4.10 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. 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 850,329 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 1,290,168 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 2023-09-06