Filing Details

Accession Number:
0001140361-14-009820
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-26 19:02:45
Reporting Period:
2014-02-24
Filing Date:
2014-02-26
Accepted Time:
2014-02-26 19:02:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1230276 Pandora Media Inc. P Radio Broadcasting Stations (4832) 943352630
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1104329 Crosslink Capital Inc Two Embarcadero Center
Suite 2200
San Francisco CA 94111
No No No Yes
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 2014-02-24 256,000 $37.39 17,817,418 No 4 S Indirect See Notes
Common Stock Disposition 2014-02-24 300,000 $0.00 17,517,418 No 4 J Indirect See Notes
Common Stock Disposition 2014-02-25 244,000 $37.46 17,273,418 No 4 S Indirect See Notes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Notes
No 4 J Indirect See Notes
No 4 S Indirect See Notes
Footnotes
  1. The reporting persons (the "Reporting Persons") are Crosslink Capital, Inc. ("Crosslink"), Crosslink Ventures IV Holdings, L.L.C. ("Ventures IV Holdings"), Crosslink Verwaltungs GmbH ("Verwaltungs"), Crossover Fund IV Management, L.L.C. ("Fund IV Management") and Michael J. Stark. Crosslink is an investment adviser to investment funds (the "Funds"). Ventures IV Holdings, Verwaltungs or Fund IV Management is the general partner, manager or holder of Class B Units of one or more of the Funds. Mr. Stark is the control person of the other Reporting Persons. James Feuille, an affiliate of certain Reporting Persons, is a member of the Issuer's board of directors and serves as the representative of the Reporting Persons. Crosslink is filing this Form 4 on behalf of itself and the other Reporting Persons.
  2. The Reporting Persons are filing this Form 4 jointly, but not as a group, and each of them expressly disclaims membership in a group, within the meaning of Rule 13d-5(b) under the Securities Exchange Act of 1934, as amended. These securities are held directly by the Funds for the benefit of their investors. These securities are indirectly beneficially owned by Crosslink as the investment adviser to the Funds, and by Venture IV Holdings, Verwaltungs or Fund IV Management as the general partner, manager or holder of Class B Units of one or more of the Funds. The Reporting Persons disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
  3. On February 24, 2014, a Fund of which Venture IV Holdings is the manager distributed these securities pro rata to its investors for no consideration.