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ThredUp Inc. — Director's Dealing 2021
Mar 25, 2021
32033_dirs_2021-03-25_3deea71b-94cb-411f-82de-664b057f7157.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: NOVA DANIEL J (Director, 10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 51382 | Indirect |
| Common Stock | 796 | Indirect |
| Common Stock | 18632 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Preferred Stock | $ | Common Stock (241861.0) | Indirect | ||
| Series A Preferred Stock | $ | Common Stock (3750.0) | Indirect | ||
| Series A Preferred Stock | $ | Common Stock (87703.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (158457.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (2457.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (57460.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (2944984.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (45659.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (1067906.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (798840.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (12385.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (289674.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (504961.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (7829.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (183108.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (263785.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (4090.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (95654.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (61664.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (956.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (22360.0) | Indirect |
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: These shares are held of record by Highland Capital Partners VIII Limited Partnership ("Highland Capital VIII"). Highland Management Partners VIII Limited ("HMP VIII Ltd") is the general partner of Highland Management Partners VIII Limited Partnership ("HMP VIII LP") which is the general partner of Highland Capital VIII. Robert J. Davis, Paul A. Maeder, Corey M. Mulloy and the Reporting Person, a member of the Issuer's board of directors (collectively, the "HMP VIII Ltd Directors"), are the directors of HMP VIII Ltd. Each of HMP VIII LP, HMP VIII Ltd and the HMP VIII Ltd Directors may be deemed to share voting, investment and dispositive power over the shares held by Highland Capital VIII and as a result may be deemed to have beneficial ownership over such shares. Each of HMP VIII Ltd, HMP VIII LP and the HMP VIII Ltd Directors disclaims beneficial ownership over the shares held by Highland Capital VIII to the extent of their respective pecuniary interests therein, if any.
F3: These shares are held of record by Highland Capital Partners VIII-B Limited Partnership ("Highland Capital VIII-B"). HMP VIII Ltd is the general partner of HMP VIII LP which is the general partner of Highland Capital VIII-B. The HMP VIII Ltd Directors are the directors of HMP VIII Ltd. Each of HMP VIII LP, HMP VIII Ltd and the HMP VIII Ltd Directors may be deemed to share voting, investment and dispositive power over the shares held by Highland Capital VIII-B and as a result may be deemed to have beneficial ownership over such shares. Each of HMP VIII Ltd, HMP VIII LP and the HMP VIII Ltd Directors disclaims beneficial ownership over the shares held by Highland Capital VIII-B to the extent of their respective pecuniary interests therein, if any.
F4: These shares are held of record by Highland Capital Partners VIII-C Limited Partnership (Highland Capital VIII-C). HMP VIII Ltd is the general partner of HMP VIII LP which is the general partner of Highland Capital VIII-C. The HMP VIII Ltd Directors are the directors of HMP VIII Ltd. Each of HMP VIII LP, HMP VIII Ltd and the HMP VIII Ltd Directors may be deemed to share voting, investment and dispositive power over the shares held by Highland Capital VIII-C and as a result may be deemed to have beneficial ownership over such shares. Each of HMP VIII Ltd, HMP VIII LP and the HMP VIII Ltd Directors disclaims beneficial ownership over the shares held by Highland Capital VIII-C to the extent of their respective pecuniary interests therein, if any.
F5: 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.