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ThredUp Inc. Director's Dealing 2021

Dec 1, 2021

32033_dirs_2021-12-01_70204b8a-1858-41ea-85ac-fed43140d29e.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: ThredUp Inc. (TDUP)
CIK: 0001484778
Period of Report: 2021-10-01

Reporting Person: Reinhart James G. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-10-25 Class A Common Stock C 11666 Acquired 25000 Indirect
2021-10-25 Class A Common Stock S 18500 $22.0647 Disposed 6500 Indirect
2021-10-25 Class A Common Stock S 6500 $22.7299 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-10-01 Class B Common Stock $ G 133333 Disposed Class A Common Stock (133333.0) Direct
2021-10-01 Class B Common Stock $ G 133333 Acquired Class A Common Stock (133333.0) Indirect
2021-10-25 Class B Common Stock $ C 11666 Disposed Class A Common Stock (11666.0) Indirect

Footnotes

F1: Each share of Class B Common Stock 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.

F2: Shares held of record by James Reinhart and Michele Reinhart as Trustees of the Costanoa Family Trust dated July 22 2015 as amended (the "2015 Costanoa Trust").

F3: This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.

F4: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $21.50 to $22.49 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.

F5: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $22.51 to $23.02 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.

F6: On October 1, 2021, the Reporting Person transferred 133,333 shares of the Issuer's Class B Common Stock to the 2015 Costanoa Trust. This was a bona fide gift with no payment in consideration.