Filing Details

Accession Number:
0001209191-14-009206
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-11 18:07:41
Reporting Period:
2014-02-11
Filing Date:
2014-02-11
Accepted Time:
2014-02-11 18:07:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1169652 Channeladvisor Corp ECOM Services-Prepackaged Software (7372) 562257867
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1314483 Robert Hower C/O Channeladvisor Corporation
2701 Aerial Center Parkway
Morrisville NC 27560
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-02-11 989,996 $0.00 849,399 No 4 J Indirect By Funds
Common Stock Disposition 2014-02-11 10,004 $40.04 839,395 No 4 S Indirect By Funds
Common Stock Disposition 2014-02-11 5,625 $40.04 833,770 No 4 S Indirect By Funds
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect By Funds
No 4 S Indirect By Funds
No 4 S Indirect By Funds
Footnotes
  1. On February 11, 2014, Advanced Technology Ventures VII, L.P. ("ATV VII") made a pro rata distribution for no consideration of an aggregate of 934,471 shares of common stock of the Issuer to its limited partners; Advanced Technology Ventures VII (B), L.P. ("ATV VII-B") made a pro rata distribution for no consideration of an aggregate of 37,500 shares of common stock of the Issuer to its limited partners; and Advanced Technology Ventures VII (C), L.P. ("ATV VII-C") made a pro rata distribution for no consideration of an aggregate of 18,025 shares of common stock of the Issuer to its limited partners.
  2. ATV Associates VII, L.L.C. ("ATV LLC") is the general partner of ATV VII, ATV VII-B, ATV VII-C and ATV Entrepreneurs VII, L.P. ("ATVE VII" and, together with ATV VII, ATV VII-B and ATV VII-C, the "Funds"). Robert Hower, the reporting person and a managing director of ATV LLC, disclaims beneficial ownership of the securities owned directly by the Funds, and this report shall not be deemed to be an admission that he is the beneficial owner of such securities, except to the extent of its pecuniary interest therein, if any.
  3. ATV LLC received an aggregate of 10,004 shares of common stock of the Issuer from the distributions of ATV VII, ATV VII-B and ATV VII-C described in footnote 1 above on February 11, 2014. The shares were sold by ATV LLC in a series of open market transactions on the transaction date with a volume weighted average sale price of $40.0393. The range of sale prices for the transactions reported was $40.00 to $40.13 per share.
  4. The common stock was sold by ATVE VII in a series of open market transactions on the transaction date with a volume weighted average sale price of $40.0393. The range of sale prices for the transactions reported was $40.00 to $40.13 per share.