Filing Details
- Accession Number:
- 0001193125-17-043231
- Form Type:
- 13G Filing
- Publication Date:
- 2017-02-14 15:33:02
- Filed By:
- Tri Ventures, Inc.
- Company:
- Angie's List Inc. (Old) (NASDAQ:ANGI)
- Filing Date:
- 2017-02-14
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
TRI Ventures, Inc | 11,657,775 | 7. | 11,657,775 | 9. | 11,657,775 | 19.7% |
TRI Investments | 11,657,775 | 7. | 11,657,775 | 9. | 11,657,775 | 19.7% |
John H. Chuang | 6. | 11,657,775 | 8. | 11,657,775 | 11,657,775 | 19.7% |
Steven M. Kapner | 96,195 | 11,657,775 | 96,195 | 11,657,775 | 11,753,970 | 19.9% |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
ANGIES LIST, INC.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
034754101
(CUSIP Number)
December 31, 2016
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
TRI Ventures, Inc. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
Massachusetts | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
11,657,775 | ||||
6. | Shared Voting Power
___ | |||||
7. | Sole Dispositive Power
11,657,775 | |||||
8. | Shared Dispositive Power
___ | |||||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person
11,657,775 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
19.7% | |||||
12. | Type of Reporting Person (See Instructions)
CO |
1. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
TRI Investments LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
Delaware | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
11,657,775 | ||||
6. | Shared Voting Power
___ | |||||
7. | Sole Dispositive Power
11,657,775 | |||||
8. | Shared Dispositive Power
___ | |||||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person
11,657,775 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
19.7% | |||||
12. | Type of Reporting Person (See Instructions)
CO |
1. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
John H. Chuang | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
United States | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
___ | ||||
6. | Shared Voting Power
11,657,775(1) | |||||
7. | Sole Dispositive Power
___ | |||||
8. | Shared Dispositive Power
11,657,775(1) | |||||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person
11,657,775 | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
19.7% | |||||
12. | Type of Reporting Person (See Instructions)
IN |
(1) | The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein |
1. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Steven M. Kapner | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☐
| |||||
3. | SEC Use Only
| |||||
4. | Citizenship or Place of Organization
United States | |||||
Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power
96,195 | ||||
6. | Shared Voting Power
11,657,775(1) | |||||
7. | Sole Dispositive Power
96,195 | |||||
8. | Shared Dispositive Power
11,657,775(1) | |||||
9. | Aggregate Amount Beneficially Owned by Each Reporting Person
11,753,970(2) | |||||
10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
☐ | |||||
11. | Percent of Class Represented by Amount in Row (9)
19.9% | |||||
12. | Type of Reporting Person (See Instructions)
IN |
(1) | The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein |
(2) | The reporting person disclaims beneficial ownership of 11,657,775 of these shares, except to the extent of his pecuniary interest therein |
Item 1(a) | Name of Issuer: |
Angies List, Inc.
Item 1(b) | Address of Issuers Principal Executive Offices: |
1030 E. Washington Street
Indianapolis, IN 46202
Item 2(a) | Name of Person Filing: |
The reporting persons are:
TRI Ventures, Inc. (TRI Ventures).
TRI Investments LLC (TRI Investments).
John H. Chuang, a director and Chief Executive Officer of TRI Ventures.
Steven M. Kapner, a director and officer of TRI Ventures.
Item 2(b) | Address of Principal Business Office or, if None, Residence: |
The address of each of the reporting persons is:
c/o TRI Ventures, Inc.
501 Boylston Street
Boston, MA 02116
Item 2(c) | Citizenship: |
TRI Ventures | Massachusetts corporation | |
TRI Investments | Delaware limited liability company | |
Mr. Chuang | U.S. citizen | |
Mr. Kapner | U.S. citizen |
Item 2(d) | Title of Class of Securities: |
This Schedule 13G report relates to the Common Stock, par value $0.001 per share (the Common Stock), of Angies List, Inc.
Item 2(e) | CUSIP Number: |
034754101
Item 3 | Description of Person Filing: |
Not applicable.
Item 4 | Ownership: |
(a) Amount Beneficially Owned:
As of December 31, 2016: TRI Investments was the record holder of 11,657,775 shares of Common Stock (the Record Shares).
TRI Ventures, as the managing member of TRI Investments, may be deemed to own beneficially the Record Shares.
Mr. Chuang as director and Chief Executive Officer of TRI Ventures, may be deemed to beneficially own the Record Shares.(2)
Mr. Kapner as director and an officer of TRI Ventures, may be deemed to beneficially own the Record Shares.(2) In addition, Mr. Kapner beneficially owns 96,195 shares of Common Stock in his individual capacity.
(b) Percent of Class:
(c) TRI Ventures: 19.7%
TRI Investments: 19.7%
Mr. Chuang(2): 19.7%
Mr. Kapner(2): 19.9%
The ownership percentages above are based on an aggregate of 59,153,665 shares of Common Stock outstanding as of October 31, 2016 as reported by the issuer to the reporting persons.
(d) Number of Shares as to which the Person has:
NUMBER OF SHARES OF CLASS B COMMON STOCK | ||||||||||||||||
Reporting Person | (i) | (ii) | (iii) | (iv) | ||||||||||||
TRI Ventures | 11,657,775 | 0 | 11,657,775 | 0 | ||||||||||||
TRI Investments | 11,657,775 | 0 | 11,657,775 | 0 | ||||||||||||
John H. Chuang | 0 | 11,657,775 | (1) | 0 | 11,657,775 | (1) | ||||||||||
Steven M. Kapner | 96,195 | 11,657,775 | (1) | 96,195 | 11,657,775 | (1) |
(i) | Sole power to vote or direct the vote |
(ii) | Shared power to vote or to direct the vote |
(iii) | Sole power to dispose or to direct the disposition of |
(iv) | Shared power to dispose or to direct the disposition of |
(1) | The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein |
(2) | The reporting person disclaims beneficial ownership of 11,657,775 of these shares except to the extent of his pecuniary interest therein |
Item 5 | Ownership of Five Percent or Less of a Class: |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.
Item 6 | Ownership of More than Five Percent on Behalf of Another Person: |
Not applicable.
Item 7 | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person: |
Not applicable.
Item 8 | Identification and Classification of Members of the Group: |
Each of the Reporting Persons expressly disclaims membership in a Group as defined in Rule 13d- 1(b)(ii)(J).
Item 9 | Notice of Dissolution of Group: |
Not applicable.
Item 10 | Certification: |
Not applicable.
This Schedule 13G is not filed pursuant to Rule 13d-1(b) or Rule 13d-1(c).
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct.
DATED: February 14, 2017.
TRI VENTURES, INC. | ||
By: | /s/ John H. Chuang | |
John H. Chuang | ||
TRI INVESTMENTS LLC | ||
By: TRI Ventures, Inc., Manager | ||
By: | /s/ John H. Chuang | |
John H. Chuang | ||
/s/ John H. Chuang | ||
John H. Chuang | ||
/s/ Steven M. Kapner | ||
Steven M. Kapner |
Exhibit I
JOINT FILING AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of the shares of Common Stock of Angies List, Inc. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.
EXECUTED as of this 14 day of February, 2017.
TRI VENTURES, INC. | ||
By: | /s/ John H. Chuang | |
John H. Chuang | ||
TRI INVESTMENTS LLC | ||
By: | TRI Ventures, Inc., Manager | |
By: | /s/ John H. Chuang | |
John H. Chuang | ||
/s/ John H. Chuang | ||
John H. Chuang | ||
/s/ Steven M. Kapner | ||
Steven M. Kapner |