13D Filing: Okumus Fund Management and Web.com Group Inc. (WEB)

Page 7 of 9 – SEC Filing

C. Mr. Okumus
(a) Mr. Okumus, as the President of Okumus Fund Management and a Director of the Opportunistic Value
Fund, may be deemed the beneficial owner of the 6,526,833 Shares owned by Opportunistic Value Fund.

Percentage: Approximately
13.4%

(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 6,526,833
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 6,526,833
(c) Mr. Okumus has not entered into any transactions in the Shares during the past sixty days. The
transactions in the Shares by Opportunistic Value Fund during the past sixty days are set forth in Schedule A and are incorporated
herein by reference.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

Item 6 is hereby amended
to add the following:

On August 31, 2017,
the Reporting Persons and the Issuer entered into the Repurchase Agreement defined and described in Item 4 above and attached as
Exhibit 99.1 hereto.

Item 7. Material to be Filed as
Exhibits
.

Item 7 is hereby amended
to add the following exhibit:

99.1 The Common Stock Repurchase Agreement by and among Web.com Group, Inc. and Okumus Fund Management
Ltd., Okumus Opportunistic Value Fund, Ltd., and Ahmet H. Okumus, dated August 31, 2017.
7

Follow Web.com Group Inc. (NASDAQ:WEB)