Redpoint Ventures IV, LLC 4

4 · ThredUp Inc. · Filed Nov 12, 2021

Form 4

Period: 2021-11-09

10% Owner

Transactions

Conversion
Class A Common Stock
2021-11-09+2,348,745→ 2,348,745 total
Other
Class A Common Stock
2021-11-09−60,224→ 0 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−60,224→ 180,672 total(indirect: By LLC)
→ Class A Common Stock (60,224 underlying)
Conversion
Class A Common Stock
2021-11-09+60,224→ 60,224 total(indirect: By LLC)
Other
Class A Common Stock
2021-11-09+23,487→ 23,487 total(indirect: By LLC)
Conversion
Class B Common Stock
2021-11-09−2,348,745→ 7,046,236 total
→ Class A Common Stock (2,348,745 underlying)
Other
Class A Common Stock
2021-11-09−2,348,745→ 0 total
Other
Class A Common Stock
2021-11-09−23,487→ 0 total(indirect: By LLC)

Footnotes (7)

[F1]Each share of Class B Common Stock was converted into one share of Class A Common Stock at the option of the holder in connection with the distributions described herein.
[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]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by RV IV to its general partner and limited partners without additional consideration.
[F4]Represents a pro rata, in-kind distribution, and not a purchase or sale of securities, by RA IV to its members without additional consideration.
[F5]Represents receipt of shares in the distribution in kind described in footnote (3).
[F6]Represents a pro rata in kind distribution, and not a purchase or sale of securities, by RV IV LLC to its members without consideration.
[F7]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and upon the occurrence of other events set forth in the Issuer's Certificate of Incorporation.

Documents

1 file