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ThredUp Inc. — Director's Dealing 2021
Mar 25, 2021
32033_dirs_2021-03-25_3d850843-fda7-467d-b9de-8d4e4880b0b9.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 | 23441 | Indirect |
| Common Stock | 5680 | Indirect |
| Common Stock | 8272 | Indirect |
| Common Stock | 735 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Preferred Stock | $ | Common Stock (110343.0) | Indirect | ||
| Series A Preferred Stock | $ | Common Stock (26738.0) | Indirect | ||
| Series A Preferred Stock | $ | Common Stock (38939.0) | Indirect | ||
| Series A Preferred Stock | $ | Common Stock (3458.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (72292.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (17518.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (25511.0) | Indirect | ||
| Series A-1 Preferred Stock | $ | Common Stock (2265.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (1343565.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (325572.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (474136.0) | Indirect | ||
| Series C Preferred Stock | $ | Common Stock (42100.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (364449.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (88313.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (128611.0) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (11420.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (230374.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (55824.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (81297.0) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (7219.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (120344.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (29162.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (42469.0) | Indirect | ||
| Series E-1 Preferred Stock | $ | Common Stock (3771.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (28132.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (6817.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (9928.0) | Indirect | ||
| Series F Preferred Stock | $ | Common Stock (882.0) | 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 VII Limited Partnership ("Highland Capital VII"). Highland Management Partners VII, LLC ("HMP VII LLC") is the general partner of Highland Management Partners VII Limited Partnership ("HMP VII LP") which is the general partner of Highland Capital VII. Robert J. Davis, Paul A. Maeder, Corey M. Mulloy and the Reporting Person, a member of the Issuer's board of directors (collectively, the "Managing Members"), are the managing members of HMP VII LLC. Each of HMP VII LP, HMP VII LLC and the Managing Members may be deemed to share voting, investment and dispositive power over the shares held by Highland Capital VII and as a result may be deemed to have beneficial ownership over such shares. Each of HMP VII LLC, HMP VII LP and the Managing Members disclaims beneficial ownership over the shares held by Highland Capital VII to the extent of their respective pecuniary interests therein, if any.
F3: These shares are held of record by Highland Capital Partners VII-B Limited Partnership ("Highland Capital VII-B"). HMP VII LLC is the general partner of HMP VII LP which is the general partner of Highland Capital VII-B. The Managing Members are the managing members of HMP VII LLC. Each of HMP VII LP, HMP VII LLC and the Managing Members may be deemed to share voting, investment and dispositive power over the shares held by Highland Capital VII-B and as a result may be deemed to have beneficial ownership over such shares. Each of HMP VII LLC, HMP VII LP and the Managing Members disclaims beneficial ownership over the shares held by Highland Capital VII-B to the extent of their respective pecuniary interests therein, if any.
F4: These shares are held of record by Highland Capital Partners VII-C Limited Partnership ("Highland Capital VII-C"). HMP VII LLC is the general partner of HMP VII LP which is the general partner of Highland Capital VII-C. The Managing Members are the managing members of HMP VII LLC. Each of HMP VII LP, HMP VII LLC and the Managing Members may be deemed to share voting, investment and dispositive power over the shares held by Highland Capital VII-C and as a result may be deemed to have beneficial ownership over such shares. Each of HMP VII LLC, HMP VII LP and the Managing Members disclaims beneficial ownership over the shares held by Highland Capital VII-C to the extent of their respective pecuniary interests therein, if any.
F5: These shares are held of record by Highland Entrepreneurs' Fund VII Limited Partnership ("Highland Entrepreneurs' Fund"). HMP VII LLC is the general partner of HMP VII LP which is the general partner of Highland Entrepreneurs' Fund. The Managing Members are the managing members of HMP VII LLC. Each of HMP VII LP, HMP VII LLC and the Managing Members may be deemed to share voting, investment and dispositive power over the shares held by Highland Entrepreneurs' Fund and as a result may be deemed to have beneficial ownership over such shares. Each of HMP VII LLC, HMP VII LP and the Managing Members disclaims beneficial ownership over the shares held by Highland Entrepreneurs' Fund to the extent of their respective pecuniary interests therein, if any.
F6: Each share of Series A Preferred Stock, Series A-1 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.