[Form 4] ThredUp Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nakache Patricia reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Patricia Nakache reported a grant of 37,265 restricted stock units (RSUs) of Class A Common Stock at no cost. Following this award, she holds 340,583 shares directly and 14,017 shares indirectly through the Gordan/Nakache Family Trust.
The RSUs vest in full on the earlier of May 20, 2027 or ThredUp’s next annual stockholder meeting, contingent on her continued board service. She elected to defer share distribution until separation from the board, a qualifying Sale Event that is a change in control under Section 409A, or her death.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nakache Patricia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 37,265 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 340,583 shares (Direct, null);
Class A Common Stock — 14,017 shares (Indirect, By Gordan/Nakache Family Trust U/A DTD 11/30/2001)
Footnotes (1)
- These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of (i) May 20, 2027 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer on such date. The Reporting Person elected to defer distribution until the earliest of (a) 30 days after the Reporting Person's separation from service on the Board within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A"), (b) a Sale Event (as defined in the Issuer's 2021 Stock Option and Incentive Plan) that constitutes a change in control under Section 409A, or (c) 30 days after the Reporting Person's death. Held indirectly by Gordan/Nakache Family Trust U/A DTD 11/30/2001. The Reporting Person serves as a trustee for the trust.