ThredUp Inc. — Director's Dealing 2021

Mar 25, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ThredUp Inc. (TDUP)
CIK: 0001484778
Period of Report: 2021-03-25

Reporting Person: LAZAR JACK R (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series E-1 Preferred Stock	$		Common Stock (31958.0)		Indirect
Stock Option (Right to Buy)	$2.05	2027-07-06	Common Stock (281994.0)		Direct

Footnotes

F1: Each share of Series E-1 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 Series E-1 Preferred Stock have no expiration date.

F2: 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.

F3: The stock option vests in 48 equal monthly installments after June 23, 2017, subject to the Reporting Person's continued service with the Issuer as of each vesting date