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1stdibs.com, Inc. — Director's Dealing 2021
Jun 10, 2021
34214_dirs_2021-06-09_26bdade6-510d-4667-877e-bf7f6c3ed2a0.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: 1stdibs.com, Inc. (DIBS)
CIK: 0001600641
Period of Report: 2021-06-09
Reporting Person: Cohler Matt (Director, 10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Preferred Stock | $ | Common Stock (3610333) | Indirect | ||
| Series B Preferred Stock | $ | Common Stock (43583) | Indirect |
Footnotes
F1: The Issuer's Series A Preferred Stock is convertible into Common Stock on a 1-for-1 basis and has no expiration date.Upon filing of the Issuer's Amended and Restated Certificate of Incorporation (the "Restated Certificate"), all shares of Series A Preferred Stock will be converted into shares of Common Stock of the Issuer.
F2: Shares are held directly by Benchmark Capital Partners VII, L.P. ("BCP VII") for itself and as nominee for Benchmark Founders' Fund VII, L.P. ("BFF VII") and Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B"). Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII"), the general partner for BCP VII, BFF VII and BFF VII-B may be deemed to have sole voting and dispositive power over the securities. Matthew R. Cohler, a member of the Issuer's board of directors, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Mitchell H. Lasky and Steven M. Spurlock are the managing members of BCMC VII, and each of them may be deemed to share voting and dispositive power over the securities held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.
F3: Consists of 3,610,333 shares held of record by BCP VII.
F4: The Issuer's Series B Preferred Stock is convertible into Common Stock on a 1-for-1 basis and has no expiration date.Upon filing of the Restated Certificate, all shares of Series B Preferred Stock will be converted into shares of Common Stock of the Issuer.
F5: Consists of 43,583 shares held of record by BCP VII.