0001628280-21-006421.txt : 20210401
0001628280-21-006421.hdr.sgml : 20210401
20210401182556
ACCESSION NUMBER: 0001628280-21-006421
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: Marino Anthony Salvatore
CENTRAL INDEX KEY: 0001851770
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40249
FILM NUMBER: 21799791
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_161731591650853.xml
FORM 4
X0306
4
2021-03-30
0
0001484778
ThredUp Inc.
TDUP
0001851770
Marino Anthony Salvatore
C/O THREDUP INC.
969 BROADWAY, SUITE 200
OAKLAND
CA
94607
0
1
0
0
President
Common Stock
2021-03-30
4
J
0
259660
D
0
D
Class B Common Stock
2021-03-30
4
J
0
259660
0
A
Class A Common Stock
259660.0
259660
D
Stock Option (Right to Buy)
0.55
2021-03-30
4
J
0
277103
0
D
2023-12-03
Common Stock
277103.0
0
D
Stock Option (Right to Buy)
0.55
2021-03-30
4
J
0
277103
0
A
2023-12-03
Class B Common Stock
277103.0
277103
D
Stock Option (Right to Buy)
0.55
2021-03-30
4
J
0
13880
0
D
2024-02-28
Common Stock
13880.0
0
D
Stock Option (Right to Buy)
0.55
2021-03-30
4
J
0
13880
0
A
2024-02-28
Class B Common Stock
13880.0
13880
D
Stock Option (Right to Buy)
0.86
2021-03-30
4
J
0
508110
0
D
2024-12-02
Common Stock
508110.0
0
D
Stock Option (Right to Buy)
0.86
2021-03-30
4
J
0
508110
0
A
2024-12-02
Class B Common Stock
508110.0
508110
D
Stock Option (Right to Buy)
2.05
2021-03-30
4
J
0
225000
0
D
2027-06-23
Common Stock
225000.0
0
D
Stock Option (Right to Buy)
2.05
2021-03-30
4
J
0
225000
0
A
2027-06-23
Class B Common Stock
225000.0
225000
D
Stock Option (Right to Buy)
2.05
2021-03-30
4
J
0
971759
0
D
2029-03-21
Common Stock
971759.0
0
D
Stock Option (Right to Buy)
2.05
2021-03-30
4
J
0
971759
0
A
2029-03-21
Class B Common Stock
971759.0
971759
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
2030-08-25
Class B Common Stock
387855.0
387855
D
Stock Option (Right to Buy)
2.05
2021-03-30
4
J
0
25238
0
D
2021-01-01
2030-08-25
Common Stock
25238.0
0
D
Stock Option (Right to Buy)
2.05
2021-03-30
4
J
0
25238
0
A
2021-01-01
2030-08-25
Class B Common Stock
25238.0
25238
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 vested over four years after September 1, 2013.
The stock option vested over four years after August 1, 2014.
The stock option vests in 48 equal monthly installments after June 23, 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 March 21, 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