ThredUp Inc. — Director's Dealing 2022

Dec 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ThredUp Inc. (TDUP)
CIK: 0001484778
Period of Report: 2022-12-01

Reporting Person: Rotem Alon (Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-01	Class A Common Stock	A	6379	—	Acquired	73381	Direct
2022-12-01	Class A Common Stock	F	2206	$1.25	Disposed	71175	Direct
2022-12-01	Class A Common Stock	M	11038	—	Acquired	82213	Direct
2022-12-01	Class A Common Stock	F	3817	$1.25	Disposed	78396	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-01	Restricted Stock Units	$	M	11038	Disposed		Class A Common Stock (11038.0)	Direct

Footnotes

F1: Settlement of shares from performance-based restricted stock units under the Issuer's 2021 Stock Option and Incentive Plan in a transaction exempt under Rule 16b-3. Each unit represents a right to receive one share of the Issuer's Class A Common Stock.

F2: Represents shares of Class A Common Stock that were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.

F3: Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F4: On April 11, 2022, the Reporting Person was granted 176,607 RSUs, vesting in sixteen equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.