ThredUp Inc. Announces 2024 Annual Meeting of Stockholders

Ticker: TDUP · Form: DEF 14A · Filed: Apr 5, 2024 · CIK: 1484778

Thredup Inc. DEF 14A Filing Summary
FieldDetail
CompanyThredup Inc. (TDUP)
Form TypeDEF 14A
Filed DateApr 5, 2024
Risk Levellow
Pages16
Reading Time19 min
Sentimentneutral

Sentiment: neutral

Topics: ThredUp, DEF 14A, Annual Meeting, Proxy Statement, Stockholders

TL;DR

<b>ThredUp Inc. is holding its 2024 Annual Meeting of Stockholders virtually on May 23, 2024, with a record date of March 28, 2024.</b>

AI Summary

ThredUp Inc. (TDUP) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. The 2024 Annual Meeting of Stockholders for ThredUp Inc. will be held virtually on May 23, 2024, at 12:30 p.m. Pacific Time. Stockholders of record as of March 28, 2024, are entitled to vote at the meeting. Proxy materials, including the Proxy Statement and 2023 Annual Report on Form 10-K, will be made available on or about April 5, 2024. The meeting will be accessible online at www.virtualshareholdermeeting.com/TDUP2024. James Reinhart, CEO, Co-Founder, and Director, signed the letter to stockholders.

Why It Matters

For investors and stakeholders tracking ThredUp Inc., this filing contains several important signals. This filing is a Definitive Proxy Statement (DEF 14A), indicating it contains important information for shareholders regarding the upcoming annual meeting and voting procedures. The virtual format of the meeting allows for broader participation and accessibility for stockholders, regardless of their location.

Risk Assessment

Risk Level: low — ThredUp Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

Analyst Insight

Review the proxy statement for details on proposals, director nominations, and executive compensation to make an informed voting decision.

Key Numbers

  • 2024 — Annual Meeting Year (Year of the Annual Meeting of Stockholders.)
  • May 23 — Meeting Date (Date of the 2024 Annual Meeting of Stockholders.)
  • 12:30 p.m. Pacific Time — Meeting Time (Time of the 2024 Annual Meeting of Stockholders.)
  • March 28, 2024 — Record Date (Date to determine eligibility to vote at the Annual Meeting.)
  • April 5, 2024 — Mailing Date (Expected date for mailing the Notice of Internet Availability of Proxy Materials.)

Key Players & Entities

  • ThredUp Inc. (company) — Registrant and filer of the proxy statement.
  • James Reinhart (person) — Chief Executive Officer, Co-Founder and Director of ThredUp Inc.
  • 2024 Annual Meeting of Stockholders (event) — The subject of the proxy statement.
  • March 28, 2024 (date) — Record date for determining stockholders entitled to vote.
  • May 23, 2024 (date) — Date of the Annual Meeting.
  • April 5, 2024 (date) — Date the Notice of Internet Availability of Proxy Materials is expected to be mailed.

FAQ

When did ThredUp Inc. file this DEF 14A?

ThredUp Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 5, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ThredUp Inc. (TDUP).

Where can I read the original DEF 14A filing from ThredUp Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ThredUp Inc..

What are the key takeaways from ThredUp Inc.'s DEF 14A?

ThredUp Inc. filed this DEF 14A on April 5, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for ThredUp Inc. will be held virtually on May 23, 2024, at 12:30 p.m. Pacific Time.. Stockholders of record as of March 28, 2024, are entitled to vote at the meeting.. Proxy materials, including the Proxy Statement and 2023 Annual Report on Form 10-K, will be made available on or about April 5, 2024..

Is ThredUp Inc. a risky investment based on this filing?

Based on this DEF 14A, ThredUp Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.

What should investors do after reading ThredUp Inc.'s DEF 14A?

Review the proxy statement for details on proposals, director nominations, and executive compensation to make an informed voting decision. The overall sentiment from this filing is neutral.

Key Dates

  • 2024-05-23: 2024 Annual Meeting of Stockholders — Key date for stockholders to vote and participate.
  • 2024-03-28: Record Date — Determines which stockholders are eligible to vote.
  • 2024-04-05: Mailing of Proxy Materials — Date when stockholders will be notified of how to access proxy materials.

Filing Stats: 4,865 words · 19 min read · ~16 pages · Grade level 13.3 · Accepted 2024-04-05 16:08:31

Filing Documents

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 33 EQUITY COMPENSATION PLAN INFORMATION 39

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 40 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 45 ADDITIONAL INFORMATION 46 APPENDIX A – AMENDMENT TO THE THREDUP INC. AMENDED AND RESTATED CERTIFICATE OF INCORPORATION 47 Table of Contents THREDUP INC. 969 Broadway Suite 200 Oakland, California 94607 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS TO BE HELD MAY 23, 2024 GENERAL INFORMATION Our board of directors (our "Board") solicits your proxy on our behalf for the 2024 Annual Meeting of Stockholders (the "Annual Meeting") and at any adjournment, continuation or postponement of the Annual Meeting for the purposes set forth in this proxy statement for our Annual Meeting of Stockholders (this "Proxy Statement") and the accompanying Notice of Annual Meeting of Stockholders. The Annual Meeting will be held virtually via a live interactive audio webcast on the internet on May 23, 2024 at 1230 p.m. Pacific Time. On or about April 5, 2024, we expect to mail our stockholders a Notice of Internet Availability of Proxy Materials (the "Notice") containing instructions on how to access this Proxy Statement and our 2023 Annual Report on Form 10-K ("2023 Annual Report"). If you held shares of our Class A common stock or Class B common stock at the close of business on March 28, 2024 you are invited to attend the meeting at www.virtualshareholdermeeting.comTDUP2024 and vote on the proposals described in this Proxy Statement. In this Proxy Statement the terms "ThredUp," "the Company," "we," "us" and "our" refer to ThredUp Inc. and its subsidiaries. The mailing address of our principal executive offices is ThredUp Inc., 969 Broadway, Suite 200, Oakland, California 94607. What matters are being voted on at the Annual Meeting You will be voting on The election of two Class III directors to serve until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified A proposal to ratify the

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