Filing Details

Accession Number:
0001012975-14-000376
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-04 18:15:22
Reporting Period:
2014-06-02
Filing Date:
2014-06-04
Accepted Time:
2014-06-04 17:15:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1301031 Demandware Inc DWRE Services-Computer Programming Services (7371) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1135369 S Lawrence Bohn C/O General Catalyst Partners
20 University Road, 4Th Floor
Cambridge MA 02138
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 2014-06-02 6,411 $60.55 1,084,577 No 4 S Indirect See footnote
Common Stock Disposition 2014-06-02 232 $60.55 39,241 No 4 S Indirect See footnote
Common Stock Disposition 2014-06-02 3,158 $60.55 534,158 No 4 S Indirect See footnote
Common Stock Disposition 2014-06-02 84 $60.55 14,172 No 4 S Indirect See footnote
Common Stock Disposition 2014-06-03 9,625 $60.16 1,074,952 No 4 S Indirect See footnote
Common Stock Disposition 2014-06-03 348 $60.16 38,893 No 4 S Indirect See footnote
Common Stock Disposition 2014-06-03 4,740 $60.16 529,418 No 4 S Indirect See footnote
Common Stock Disposition 2014-06-03 126 $60.16 14,046 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 12,748 Direct
Footnotes
  1. On June 2, 2014, General Catalyst Group III, L.P. ("GCG III"), a venture capital partnership, sold a total of 6,411 shares of Common Stock of the Issuer. The remaining securities are held by GCG III. General Catalyst GP III, LLC ("GP III LLC") is the general partner of General Catalyst Partners III, L.P. ("GP III LP"), which is the general partner of GCG III. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  2. On June 2, 2014, GC Entrepreneurs Fund III, L.P. ("GCEF III"), a venture capital partnership, sold a total of 232 shares of Common Stock of the Issuer. The remaining securities are held by GCEF III. GP III LLC is the general partner of GP III LP, which is the general partner of GCEF III. The reporting person has an indirect pecuniary interest in shares held by GCG III and GCEF III through an interest in GP III LP. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  3. On June 2, 2014, General Catalyst Group IV, L.P. ("GCG IV"), a venture capital partnership, sold a total of 3,158 shares of Common Stock of the Issuer. The remaining securities are held by GCG IV. General Catalyst GP IV, LLC ("GP IV LLC") is the general partner of General Catalyst Partners IV, L.P. ("GP IV LP"), which is the general partner of GCG IV. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  4. On June 2, 2014, GC Entrepreneurs Fund IV, L.P. ("GCEF IV"), a venture capital partnership, sold a total of 84 shares of Common Stock of the Issuer. The remaining securities are held by GCEF IV. GP IV LLC is the general partner of GP IV LP, which is the general partner of GCEF IV. The reporting person has an indirect pecuniary interest in shares held by GCG IV and GCEF IV through an interest in GP IV LP. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  5. On June 3, 2014, GCG III, a venture capital partnership, sold a total of 9,625 shares of Common Stock of the Issuer. The remaining securities are held by GCG III. GP III LLC is the general partner of GP III LP, which is the general partner of GCG III. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  6. On June 3, 2014, GCEF III, a venture capital partnership, sold a total of 348 shares of Common Stock of the Issuer. The remaining securities are held by GCEF III. GP III LLC is the general partner of GP III LP, which is the general partner of GCEF III. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  7. On June 3, 2014, GCG IV, a venture capital partnership, sold a total of 4,740 shares of Common Stock of the Issuer. The remaining securities are held by GCG IV. GP IV LLC is the general partner of GP IV LP, which is the general partner of GCG IV. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  8. On June 3, 2014, GCEF IV, a venture capital partnership, sold a total of 126 shares of Common Stock of the Issuer. The remaining securities are held by GCEF IV. GP IV LLC is the general partner of GP IV LP, which is the general partner of GCEF IV. The reporting person disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  9. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.50 to $60.76, inclusive. The reporting person undertakes to provide to DWRE, any security holder of DWRE, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (9) and (10) to this Form 4.
  10. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.50, inclusive.