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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Series C Preferred Stock | (1) | 01/28/2015 | C | 6,170,618 | (1) | (1) | Existing Class A Common Stock | 6,170,618 | $ 0 | 0 | I | See footnote (4) | |||
Series D Preferred Stock | (2) | 01/28/2015 | C | 503,056 | (2) | (2) | Existing Class A Common Stock | 503,056 | $ 0 | 0 | I | See footnote (4) | |||
Series E Preferred Stock | (3) | 01/28/2015 | C | 38,183 | (3) | (3) | Existing Class A Common Stock | 38,183 | $ 0 | 0 | I | See footnote (4) | |||
Class B Common Stock | (6) | 01/28/2015 | J | 6,711,857 | (6) | (6) | Class A Common Stock | 6,711,857 | $ 0 | 6,711,857 | I | See footnote (4) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Scale Venture Partners III, L.P. 950 TOWER LANE, SUITE 700 FOSTER CITY, CA 94404 |
X | |||
Bishop Stacey C/O SCALE VENTURE MANAGEMENT III, LLC 950 TOWER LANE, SUITE 700 FOSTER CITY, CA 94404 |
X | |||
MITCHELL KATE C/O SCALE VENTURE MANAGEMENT III, LLC 950 TOWER LANE, SUITE 700 FOSTER CITY, CA 94404 |
X | |||
Scale Venture Management III, LLC 950 TOWER LANE, SUITE 700 FOSTER CITY, CA 94404 |
X | |||
Vitus Andrew L. C/O SCALE VENTURE MANAGEMENT III, LLC 950 TOWER LANE, SUITE 700 FOSTER CITY, CA 94404 |
X |
By: Rory O'Driscoll, Managing Member of Scale Venture Management III, LLC, General Partner | 01/28/2015 | |
**Signature of Reporting Person | Date | |
/s/ Stacey Bishop | 01/28/2015 | |
**Signature of Reporting Person | Date | |
/s/ Kate Mitchell | 01/28/2015 | |
**Signature of Reporting Person | Date | |
/s/ Rory O'Driscoll, Managing Member | 01/28/2015 | |
**Signature of Reporting Person | Date | |
/s/ Andrew Vitus | 01/28/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Series C Preferred Stock automatically converted into the Issuer's existing Class A Common Stock ("Existing Class A Common Stock") on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date. |
(2) | The Series D Preferred Stock automatically converted into the Issuer's Existing Class A Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date. |
(3) | The Series E Preferred Stock automatically converted into the Issuer's Existing Class A Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date. |
(4) | The shares are held of record by Scale Venture Partners III, L.P. ("SVP III"). Scale Venture Management III, LLC ("SVM III"), the general partner of SVP III, has sole voting and dispositive power with respect to the shares held by SVP III. Stacey Bishop, Kate Mitchell, Rory O'Driscoll and Andy Vitus, the managing members of SVM III, share voting and dispositive power with respect to the shares help by SVP III. The reporting persons disclaim beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose. |
(5) | Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's convertible preferred stock into Existing Class A Common Stock, each share of Existing Class A Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. |
(6) | 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. |