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ThredUp Inc. — Director's Dealing 2021
Mar 25, 2021
32033_dirs_2021-03-25_6a5504be-f4a6-4125-80b9-fb24c1918152.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: ThredUp Inc. (TDUP)
CIK: 0001484778
Period of Report: 2021-03-25
Reporting Person: Redpoint Ventures IV, L.P. (10% Owner)
Reporting Person: Redpoint Ventures IV, LLC (10% Owner)
Reporting Person: Redpoint Associates IV, LLC (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2905 | Indirect |
| Common Stock | 113298 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Preferred Stock | $ | Common Stock (1478.0) | Indirect | ||
| Series A Preferred Stock | $ | Common Stock (57634.0) | Direct | ||
| Series A-1 Preferred Stock | $ | Common Stock (968.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (37760.0) | Direct | ||
| Series B Preferred Stock | $ | Common Stock (135106.0) | Indirect | ||
| Series B Preferred Stock | $ | Common Stock (5269130.0) | Direct | ||
| Series C Preferred Stock | $ | Common Stock (39214.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (1529349.0) | Direct | ||
| Series D Preferred Stock | $ | Common Stock (42342.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (1651350.0) | Direct | ||
| Series E Preferred Stock | $ | Common Stock (26765.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (1043846.0) | Direct | ||
| Series E-1 Preferred Stock | $ | Common Stock (13981.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (545293.0) | Direct | ||
| Series F Preferred Stock | $ | Common Stock (4903.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (191206.0) | Direct |
Footnotes
F1: Immediately prior to the completion 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 shall be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. Class B Common Stock is convertible into Class A Common Stock at any time at the option of the holder.
F2: Redpoint Ventures IV, LLC ("RV IV LLC"), is the sole general partner of Redpoint Ventures IV, L.P. ("RV IV"). RV IV LLC and Redpoint Associates IV, LLC ("RA IV") are under common control. As such, RV IV LLC has sole voting and investment control over the shares owned by RV IV, and may be deemed to beneficially own the shares held by RV IV. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.
F3: Each share of Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series E-1 Preferred Stock and Series F Preferred Stock (collectively, the "Preferred Stock") shall automatically convert into one share of the Issuer's Common Stock, par value $0.0001 per share, on a one-for-one basis, immediately prior to the closing of the Issuer's initial public offering. The shares of Preferred Stock have no expiration date.