Document:

EX-10.7

 Exhibit 10.7 

FINAL 
 Poshmark, Inc. 

Non-Employee Director Compensation Policy 

The purpose of this Non-Employee Director Compensation Policy (the “Policy”) of Poshmark, Inc. a
Delaware corporation (the “Company”), is to provide a total compensation package that enables the Company to attract and retain, on a long-term basis, high-caliber directors who are not employees or officers of the Company or its
subsidiaries (“Outside Directors”). This Policy will become effective as of the effective time of the registration statement for the Company’s initial public offering of equity securities (the “Effective
Date”). In furtherance of the purpose stated above, all Outside Directors shall be paid compensation for services provided to the Company as set forth below: 

I. Cash Retainers 
 (a)
Annual Retainer for Board Membership: $30,000 for general availability and participation in meetings and conference calls of our Board of Directors. No additional compensation for attending individual Board meetings. 

(b) Additional Annual Retainers for Committee Membership: 
  

					
	 Audit Committee Chairperson:
	  	$	20,000	 
	 Audit Committee member:
	  	$	10,000	 
	 Compensation Committee Chairperson:
	  	$	12,000	 
	 Compensation Committee member:
	  	$	6,000	 
	 Nominating and Corporate Governance Committee Chairperson:
	  	$	8,000	 
	 Nominating and Corporate Governance Committee member:
	  	$	4,000	 

 (c) Additional Retainer for Lead Director of the Board: $15,000 to acknowledge the additional responsibilities
and time commitment of the Lead Director role. 
 II. Equity Retainers 

All grants of equity retainer awards to Outside Directors pursuant to this Policy will be automatic and nondiscretionary and will be made in accordance with
the following provisions: 
 (a) Value. For purposes of this Policy, “Value” means with respect to (i) any
award of stock options the grant date fair value of the option (i.e., Black-Scholes Value) determined in accordance with the reasonable assumptions and methodologies employed by the Company for calculating the fair value of options under ASC 718;
and (ii) any award of restricted stock and restricted stock units the product of (A) the average closing market price on The New York Stock Exchange (NYSE) (or such other market on which the Company’s Class A common stock is then
principally listed) of one share of the Company’s Class A common stock over the trailing 30-day period ending on the last day of the month immediately prior to the month of the grant date, and
(B) the aggregate number of shares pursuant to such award. 

 (b) Revisions. Subject to approval from the Board of Directors, the Compensation
Committee in its discretion may change and otherwise revise the terms of awards to be granted under this Policy, including, without limitation, the number of shares subject thereto, for awards of the same or different type granted on or after the
date the Compensation Committee determines to make any such change or revision. 
 (c) Sale Event Acceleration. In the event of a Sale
Event (as defined in the Company’s 2021 Stock Option and Incentive Plan (the “2021 Plan”)), the equity retainer awards granted to Outside Directors pursuant to this Policy shall become 100% vested and exercisable. 

(d) IPO Grant. Upon the Effective Date, each Outside Director serving as of such date shall receive a
one-time restricted stock unit grant with a value of $87,500 (which shall be pro-rated based on the estimated number of calendar days to be served from the Effective
Date until the anticipated date of the next annual meeting of stockholders if there is expected to be less than one year between the Effective Date and the anticipated date of the next annual meeting of stockholders) based on the “Price to the
Public” (or equivalent) set forth on the cover page for the final prospectus relating to the Company’s initial public offering (the “IPO RSU Grant”) and a one-time nonqualified stock
option grant with a Value of $87,500 (which shall be pro-rated based on the estimated number of calendar days to be served from the Effective Date until the anticipated date of the next annual meeting of
stockholders if there is expected to be less than one year between the Effective Date and the anticipated date of the next annual meeting of stockholders) (the “IPO Option Grant,” and collectively with the IPO RSU Grant, the
“IPO Grants”), that vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the next annual meeting of stockholders; provided, however, that all vesting
ceases if the director resigns from our Board of Directors or otherwise ceases to serve as a director, unless the Board of Directors determines that the circumstances warrant continuation of vesting. 

(e) Initial Grant. For each Outside Director joining the Board of Directors after the Effective Date, upon initial election to the Board
of Directors, each such new Outside Director will receive: (i) an initial, one-time restricted stock unit grant, with a Value of $175,000, and (ii) an initial,
one-time nonqualified stock option grant with a Value of $175,000 (the “Initial Grants”). The Initial Grants shall vest in equal installments on the first, second, and third anniversary of the
grant date; provided, however, that all vesting ceases if the director resigns from our Board of Directors or otherwise ceases to serve as a director, unless the Board of Directors determines that the circumstances warrant continuation of vesting.

 (f) Annual Grant. On the date of the Company’s annual meeting of stockholders, each Outside Director who will continue as a
member of the Board of Directors following such annual meeting of stockholders will receive on the date of such Annual Meeting: (i) a restricted stock unit grant with a Value of $87,500 and (ii) a nonqualified stock option grant with a
Value of $87,500 (the “Annual Grants”). The Annual Grants shall vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the next annual meeting of
stockholders; provided, however, that all vesting ceases if the director resigns from our Board of Directors or otherwise ceases to serve as a director, unless the Board of Directors determines that the circumstances warrant continuation of vesting.

  

 (g) Deferral. Outside Directors may elect to defer equity retainer awards pursuant to the
terms and conditions of the Company’s Non-Employee Directors’ Deferred Compensation Program, the 2021 Plan, and this Policy. 

III. Expenses 
 The Company will reimburse
all reasonable out-of-pocket expenses incurred by Outside Directors in attending meetings of the Board of Directors or any Committee thereof. 

Date Policy Approved: November 20, 2020EX-10.8

 Exhibit 10.8 

FINAL 
 RULES AND CONDITIONS

 FOR THE POSHMARK, INC. 

NON-EMPLOYEE DIRECTORS’ DEFERRED COMPENSATION PROGRAM 

(THE “PROGRAM”) 

The following rules and conditions have been adopted by the Board of Directors of Poshmark, Inc. (the “Company”) to govern the
deferral of Restricted Stock Units by Non-Employee Directors pursuant to the Poshmark, Inc. 2021 Stock Option and Incentive Plan (the “Stock Plan”) and the Poshmark, Inc. Non-Employee Director Compensation Policy (the “Policy”). Capitalized terms used but not defined herein shall have the meaning given such terms in the Stock Plan. 

1. Election to Defer the Restricted Stock Units. A Non-Employee Director may elect in advance to
defer the receipt of the initial and/or annual grant of Restricted Stock Units made to such Non-Employee Director pursuant to the Policy under the Stock Plan (such grant, the “Equity Retainer”). To
make such an election, except with respect to a newly elected or appointed Non-Employee Director, the Non-Employee Director must execute and deliver to the Company a
deferral election form before the end of the calendar year preceding the calendar year in which the applicable Equity Retainer is scheduled to be earned and granted. A newly elected or appointed Non-Employee
Director, may, upon (but no later than 30 days after) becoming a Non-Employee Director, file a deferral election with respect to the initial Equity Retainer and/or to annual Equity Retainers that are awarded
subsequent to the election. An election shall remain in effect from year to year until revoked in writing by the Non-Employee Director, but any revocation shall become effective only with respect to Equity
Retainers that are granted in calendar years beginning after receipt and acceptance by the Company of a written revocation. All elections (including revocation thereof) must be made during an open window period while the Non-Employee Director is not in possession of any material non-public information relating to the Company. 

2. Deferred Account. Upon the vesting of any Equity Retainer awarded to any Non-Employee
Director who has elected to defer his or her Equity Retainer(s) pursuant to this Program, any shares of Stock that would otherwise have been issued to the Non-Employee Director upon such vesting shall be
converted to deferred stock units on a one-to-one basis and credited to the Non-Employee Director’s deferred account
(“Account”). 
 3. Dividend Equivalent Amounts. If dividends (other than dividends payable only in shares of Stock) are paid
with respect to Stock, each Account shall be credited with a number of whole and fractional stock units determined by multiplying the dividend value per share by the stock unit balance of the Account on the record date and dividing the result by the
Fair Market Value of a share of Stock on the dividend payment date. 
 4. Period of Deferral. The deferred stock units in each
Account shall be deferred until, and the period of deferral shall cease upon, the earliest of (a) 30 days after a Non-Employee Director ceases to serve as a member of the Board of Directors of the Company and
incurs a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder (“Section 409A”), (b) the consummation of a Sale Event
(as defined in the Stock Plan) so long as such Sale Event constitutes a “change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the assets of the Company” within the meaning of
Section 409A (a “Change in Control”) or (c) 30 days after the date of a Non-Employee Director’s death. 

 5. Designation of Beneficiary. A Non-Employee
Director may designate one or more beneficiaries to receive payments from his or her Account in the event of his or her death. A designation of beneficiary may apply to a specified percentage of a Non-Employee
Director’s entire interest in his or her Account. Such designation, or any change therein, must be in writing and shall be effective upon receipt by the Company. If there is no effective designation of beneficiary, or if no beneficiary survives
the Non-Employee Director, the estate of the Non-Employee Director shall be deemed to be the beneficiary. All payments to a beneficiary or estate shall be made in a lump
sum in shares of Stock, with any fractional share paid in cash. 
 6. Payment. All amounts credited to a Non-Employee Director’s Account shall be paid in shares of Stock to the Non-Employee Director, or his or her designated beneficiary (or beneficiaries) or estate, in a
single lump sum as soon as practicable (but in no event later than 30 days) after the end of the first applicable period of deferral specified in Section 4 (above) occurs; provided, however, that fractional shares shall be paid in cash. 

7. Adjustments. In the event of a stock dividend, stock split or similar change in capitalization affecting the Stock, the Company shall
make appropriate adjustments in the number of stock units credited to the Non-Employee Directors’ Accounts. 

8. Non-transferability of Rights. During a Non-Employee
Director’s lifetime, any payment under this Program shall be made only to the Non-Employee Director. No sum or other interest under this deferred compensation arrangement shall be subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance or charge, and any attempt by a Non-Employee Director or any beneficiary under this Program to do so shall be void. No interest under
this deferred compensation arrangement shall in any manner be liable for or subject to the debts, contracts, liabilities, engagements or torts of a Non-Employee Director or beneficiary entitled thereto.
Notwithstanding the foregoing, the Company may make payments to an individual other than a Non-Employee Director to the extent required by a domestic relations order. 

9. Company’s Obligations to Be Unfunded and Unsecured. The Accounts maintained under this Program shall at all times be entirely
unfunded, and no provision shall at any time be made with respect to segregating assets of the Company (including Stock) for payment of any amounts hereunder. No Non-Employee Director or other person shall
have any interest in any particular assets of the Company (including Stock) by reason of the right to receive payment under this Program, and any Non-Employee Director or other person shall have only the
rights of a general unsecured creditor of the Company with respect to any rights under this Program. 
 10. Section 409A. This Program
is intended to be a compliant deferred compensation plan under Section 409A and shall be administered in accordance with the requirements of Section 409A. 

  
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 11. Incorporation of Plan. This Program shall be subject to the terms and conditions
of the Stock Plan and the Policy. Capitalized terms in this document shall have the meaning specified in the Stock Plan, unless a different meaning is specified herein. 

Adopted as of November 20, 2020 

  
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