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Filing Details

Accession Number:: 0001181431-13-004641
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-01-24 17:20:00
Reporting Period:: 2013-01-22

Filing Date:: 2013-01-24
Accepted Time:: 2013-01-24 17:20:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1163932	Active Network Inc	ACTV	Services-Prepackaged Software (7372)	330884962

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1012837	Stephen L Green	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-01-22	40,000	$5.43	1,801,672	No	4	S	Indirect	See footnotes
Common Stock	Disposition	2013-01-23	40,000	$5.43	1,761,672	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	23,546	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Canaan Equity II L.P., Canaan Equity II L.P. (QP), Canaan Equity II Entrepreneurs LLC, Canaan Equity III L.P., and Canaan Equity III Entrepreneurs LLC on November 27, 2012.
Consists of 1,088 shares held by Canaan Equity II Entrepreneurs LLC, 13,700 shares held by Canaan Equity II L.P., 6,128 shares held by Canaan Equity II L.P. (QP), 688 shares held by Canaan Equity III Entrepreneurs LLC and 18,396 shares held by Canaan Equity III L.P.
The prices reported for this transaction range from $5.37 to $5.55; the reporting person hereby agrees to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Consists of 48,990 shares held by Canaan Equity II Entrepreneurs LLC, 617,097 shares held by Canaan Equity II L.P., 276,045 shares held by Canaan Equity II L.P. (QP), 30,941 shares held by Canaan Equity III Entrepreneurs LLC and 828,599 shares held by Canaan Equity III L.P.
Mr. Green, John V. Balen, Deepak Kamra, Gregory Kopchinsky, Guy M. Russo, Eric A. Young (the "Canaan II Individuals"), Charmers Landing LLC ("Charmers"), Stonehenge LLC ("Stonehenge") and Waubeeka LLC ("Waubeeka") are managers of Canaan Equity Partners II LLC which is (a) the sole Manager of Canaan Equity II Entrepreneurs LLC and (b) the sole General Partner of each of Canaan Equity II L.P and Canaan Equity II L.P. (QP). The sole managers of Charmers, Stonehenge and Waubeeka are Mr. Green, Mr. Kopchinsky and Mr. Russo, respectively. Such individuals may be deemed to have shared voting, investment and dispositive power with respect to shares held of record by Canaan Equity II Entrepreneurs LLC, Canaan Equity II, L.P., and Canaan Equity II, L.P. (QP), but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein.
Mr. Green, John V. Balen, Deepak Kamra, Gregory Kopchinsky, Seth A. Rudnick, Guy M. Russo, and Eric A. Young are Managers of Canaan Equity Partners III LLC which is (a) the sole Manager of Canaan Equity III Entrepreneurs LLC and (b) the sole General Partner of Canaan Equity III L.P. Such individuals may be deemed to have shared voting, investment and dispositive power with respect to shares held of record by Canaan Equity III, L.P. and Canaan Equity III Entrepreneurs LLC, but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein.
The prices reported for this transaction range from $5.39 to $5.53; the reporting person hereby agrees to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Consists of 47,902 shares held by Canaan Equity II Entrepreneurs LLC, 603,397 shares held by Canaan Equity II L.P., 269,917 shares held by Canaan Equity II L.P. (QP), 30,253 shares held by Canaan Equity III Entrepreneurs LLC and 810,203 shares held by Canaan Equity III L.P.