0001127602-21-026742.txt : 20211005 0001127602-21-026742.hdr.sgml : 20211005 20211005205509 ACCESSION NUMBER: 0001127602-21-026742 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211001 FILED AS OF DATE: 20211005 DATE AS OF CHANGE: 20211005 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chandra Manish CENTRAL INDEX KEY: 0001839026 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39848 FILM NUMBER: 211308542 MAIL ADDRESS: STREET 1: C/O POSHMARK, INC. STREET 2: 203 REDWOOD SHORES PKWY 8TH FL CITY: REDWOOD CITY STATE: CA ZIP: 94065 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Poshmark, Inc. CENTRAL INDEX KEY: 0001825480 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 274827616 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 203 REDWOOD SHORES PARKWAY STREET 2: 8TH FLOOR CITY: REDWOOD CITY STATE: CA ZIP: 94065 BUSINESS PHONE: 650-262-4771 MAIL ADDRESS: STREET 1: 203 REDWOOD SHORES PARKWAY STREET 2: 8TH FLOOR CITY: REDWOOD CITY STATE: CA ZIP: 94065 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2021-10-01 0001825480 Poshmark, Inc. POSH 0001839026 Chandra Manish C/O POSHMARK, INC. 203 REDWOOD SHORES PARKWAY REDWOOD CITY CA 94065 1 President and CEO Class A Common Stock 2021-10-01 4 C 0 3053 0 A 10351 D Class A Common Stock 2021-10-04 4 S 0 3053 23.587 D 7298 D Restricted Stock Units 2021-10-01 4 M 0 6111 D 2027-08-19 Class B Common Stock 6111 61112 D Class B Common Stock 2021-10-01 4 M 0 6111 A Class A Common Stock 6111 5421721 D Class B Common Stock 2021-10-01 4 C 0 3053 0 D Class A Common Stock 3053 5418668 D Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person. Each Restricted Stock Unit ("RSU") represents the right to receive one share of Class B Common Stock. The RSUs are subject to time- and performance-based vesting. The units shall satisfy the time-based vesting as to 25% of the units on April 1, 2021 and as to the remainder in 12 quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The performance-based vesting condition was satisfied upon the Issuer's initial public offering (as defined in the Issuer's 2011 Stock Option and Grant Plan). Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. /s/ Evan Ferl, Attorney-in-Fact 2021-10-05