0001484778-23-000231.txt : 20231205
0001484778-23-000231.hdr.sgml : 20231205
20231205171352
ACCESSION NUMBER: 0001484778-23-000231
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231201
FILED AS OF DATE: 20231205
DATE AS OF CHANGE: 20231205
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: 231467546
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_1701814417.xml
FORM 4
X0508
4
2023-12-01
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
2023-12-01
4
M
0
76766
0
A
526520
D
Class A Common Stock
2023-12-01
4
F
0
38061
2.15
D
488459
D
Class A Common Stock
2023-12-01
4
M
0
107514
0
A
595973
D
Class A Common Stock
2023-12-01
4
F
0
53306
2.15
D
542667
D
Class A Common Stock
2023-12-04
4
S
0
4900
2.3386
D
537767
D
Restricted Stock Units
2023-12-01
4
M
0
76766
0
D
Class A Common Stock
76766
1351471
D
Restricted Stock Units
2023-12-01
4
M
0
107514
0
D
Class A Common Stock
107514
1243957
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 $2.15 to $2.42 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
2023-12-05