0001628280-21-006411.txt : 20210401 0001628280-21-006411.hdr.sgml : 20210401 20210401181154 ACCESSION NUMBER: 0001628280-21-006411 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210330 FILED AS OF DATE: 20210401 DATE AS OF CHANGE: 20210401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Homer Christopher CENTRAL INDEX KEY: 0001850197 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40249 FILM NUMBER: 21799693 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 wf-form4_161731506340089.xml FORM 4 X0306 4 2021-03-30 0 0001484778 ThredUp Inc. TDUP 0001850197 Homer Christopher C/O THREDUP INC. 969 BROADWAY, SUITE 200 OAKLAND CA 94607 0 1 0 0 Chief Operating Officer Common Stock 2020-10-02 5 M 0 E 9375 2.05 A 1948968 D Common Stock 2020-10-08 5 G 0 E 250000 0 D 1698968 D Common Stock 2020-10-08 5 G 0 E 250000 0 A 250000 I By Homer Family 2020 Irrevocable Trust Common Stock 2021-03-03 5 M 0 E 31904 2.05 A 1730872 D Common Stock 2021-03-30 4 J 0 1730872 0 D 0 D Common Stock 2021-03-30 4 J 0 250000 0 D 0 I By Homer Family 2020 Irrevocable Trust Class B Common Stock 2021-03-30 4 J 0 1730872 0 A Class A Common Stock 1730872.0 1730872 D Class B Common Stock 2021-03-30 4 J 0 250000 0 A Class A Common Stock 250000.0 250000 I By Homer Family 2020 Irrevocable Trust Stock Option (Right to Buy) 2.05 2020-10-02 5 M 0 E 9375 0 D 2027-10-03 Common Stock 9375.0 42189 D Stock Option (Right to Buy) 2.05 2021-03-03 5 M 0 E 9376 0 D 2027-10-03 Common Stock 9376.0 32813 D Stock Option (Right to Buy) 2.05 2021-03-03 5 M 0 E 22528 0 D 2021-01-01 2030-08-25 Common Stock 22528.0 0 D Stock Option (Right to Buy) 2.05 2021-03-30 4 J 0 32813 0 D 2027-10-03 Common Stock 32813.0 0 D Stock Option (Right to Buy) 2.05 2021-03-30 4 J 0 32813 0 A 2027-10-03 Class B Common Stock 32813.0 32813 D Stock Option (Right to Buy) 2.05 2021-03-30 4 J 0 613718 0 D 2029-05-21 Common Stock 613718.0 0 D Stock Option (Right to Buy) 2.05 2021-03-30 4 J 0 613718 0 A 2029-05-21 Class B Common Stock 613718.0 613718 D Stock Option (Right to Buy) 2.05 2021-03-30 4 J 0 387855 0 D 2030-08-25 Common Stock 387855.0 0 D Stock Option (Right to Buy) 2.05 2021-03-30 4 J 0 387855 0 A 2021-08-25 Class B Common Stock 387855.0 387855 D Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Common Stock, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. Each share of Class B 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. The stock option vests in 48 equal monthly installments after September 22, 2017, subject to the Reporting Person's continued service to the Issuer as of each vesting date. The stock option vests in 24 equal monthly installments after May 15, 2021, subject to the Reporting Person's continued service to the Issuer as of each vesting date. 50% of the shares subject to the option shall vest and become exercisable in 48 equal monthly installments commencing as of the First Tranche Vesting Commencement Date, subject to the Reporting Person's continued service with the Issuer through each such date. "First Tranche Vesting Commencement Date" means the later of January 1, 2021 or the Issuer's initial public offering. The remaining 50% of the shares subject to the option shall vest and become exercisable in 48 equal monthly installments commencing as of the Second Tranche Vesting Commencement Date, subject to the Reporting Person's continued service with the Issuer through each such date. "Second Tranche Vesting Commencement Date" means the later of January 1, 2022 or the one year anniversary of the Issuer's initial public offering. /s/ Alon Rotem, Attorney-in-Fact 2021-04-01