FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BETTINELLI GREG
2. Issuer Name and Ticker or Trading Symbol

ThredUp Inc. [ TDUP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O THREDUP INC., 969 BROADWAY, SUITE 200
3. Date of Earliest Transaction (MM/DD/YYYY)

8/2/2021
(Street)

OAKLAND, CA 94607
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 8/2/2021  C(1)  171414 A$0 (1)171414 I By Upfront Growth I, L.P. (2)
Class A Common Stock 8/2/2021  C(1)  257121 A$0 (1)257121 I By Upfront Growth II, L.P. (2)
Class A Common Stock 8/2/2021  C(1)  553526 A$0 (1)553526 I By Upfront IV, L.P. (2)
Class A Common Stock 8/2/2021  C(1)  31751 A$0 (1)31751 I By Upfront IV Ancillary, L.P. (2)
Class A Common Stock 8/2/2021  S(3)  171414 D$23.1588 0 I By Upfront Growth I, L.P. (2)
Class A Common Stock 8/2/2021  S(3)  257121 D$23.1588 0 I By Upfront Growth II, L.P. (2)
Class A Common Stock 8/2/2021  S(3)  553526 D$23.1588 0 I By Upfront IV, L.P. (2)
Class A Common Stock 8/2/2021  S(3)  31751 D$23.1588 0 I By Upfront IV Ancillary, L.P. (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock  (4)8/2/2021  C (1)    171414   (4) (4)Class A Common Stock 171414.0 $0 1542727 I By Upfront Growth I, L.P. (2)
Class B Common Stock  (4)8/2/2021  C (1)    257121   (4) (4)Class A Common Stock 257121.0 $0 2314091 I By Upfront Growth II, L.P. (2)
Class B Common Stock  (4)8/2/2021  C (1)    553526   (4) (4)Class A Common Stock 553526.0 $0 4981748 I By Upfront IV L.P. (2)
Class B Common Stock  (4)8/2/2021  C (1)    31751   (4) (4)Class A Common Stock 31751.0 $0 285749 I By Upfront IV Ancillary, L.P. (2)

Explanation of Responses:
(1) 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 registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated July 28, 2021, which offering was consummated on August 2, 2021.
(2) Upfront Growth GP I, LLC is the general partner of Upfront Growth I, L.P. ("Upfront Growth I"). Upfront Growth GP II, LLC is the general partner of Upfront Growth II, L.P. ("Upfront Growth II"). Upfront GP IV, L.P. is the general partner of Upfront IV, L.P. ("Upfront IV"). Upfront IV Ancillary GP, LLC is the general partner of Upfront IV Ancillary, L.P. ("Upfront IV Ancillary," and together with Upfront Growth I, Upfront Growth II and Upfront IV, the "Upfront Entities"). The Upfront Entities are managed by Upfront Ventures Management, LLC which is controlled by Mark Suster and Yves Sisteron. The Reporting Person is a member or limited partner, as applicable, of the general partners of the respective Upfront Entities. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein.
(3) Pursuant to an underwriting agreement and in connection with the registered public offering of shares of the Issuer's Class A Common Stock, pursuant to a final prospectus dated July 28, 2021, which offering was consummated on August 2, 2021, Upfront Growth I sold 171,414 shares of Class A Common Stock, Upfront Growth II sold 257,121 shares of Class A Common Stock, Upfront IV sold 553,526 shares of Class A Common Stock and Upfront IV Ancillary sold 31,751 shares of Class A Common Stock, each at a price per share of $23.1588 (after underwriting discounts and commissions). The Upfront Entities were selling stockholders in the registered public offering.
(4) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
BETTINELLI GREG
C/O THREDUP INC.
969 BROADWAY, SUITE 200
OAKLAND, CA 94607
X



Signatures
/s/ Alon Rotem, Attorney-in-Fact8/2/2021
**Signature of Reporting PersonDate

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