ThredUp Inc. — Director's Dealing 2021

Oct 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Marino Anthony Salvatore (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-01	Class A Common Stock	C	30000	—	Acquired	30000	Direct
2021-10-01	Class A Common Stock	S	30000	$20.8335	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-01	Stock Option (Right to Buy)	$0.55	M	3365	Disposed	2023-12-03	Class B Common Stock (3365.0)	Direct
2021-10-01	Class B Common Stock	$	M	3365	Acquired		Class A Common Stock (3365.0)	Direct
2021-10-01	Class B Common Stock	$	C	3365	Disposed		Class A Common Stock (3365.0)	Direct
2021-10-01	Stock Option (Right to Buy)	$0.55	M	26635	Disposed	2023-12-03	Class B Common Stock (26635.0)	Direct
2021-10-01	Class B Common Stock	$	M	26635	Acquired		Class A Common Stock (26635.0)	Direct
2021-10-01	Class B Common Stock	$	C	26635	Disposed		Class A Common Stock (26635.0)	Direct

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

F3: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $20.41 to $21.24 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.

F4: The stock option vested over four years after September 1, 2013.