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Filing Details

Accession Number:: 0001181431-14-031166
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-09-04 19:30:37
Reporting Period:: 2014-09-02

Filing Date:: 2014-09-04
Accepted Time:: 2014-09-04 19:30:37
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1383871	Lifelock Inc.	LOCK	Services-Computer Processing & Data Preparation (7374)	562508977

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1204817	J/Ca David Cowan	C/O Bessemer Venture Partners 1865 Palmer Avenue, Suite 104 Larchmont NY 10538		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-09-02	0	$0.00	334,415	No	4	X	Direct
Common Stock	Disposition	2014-09-02	0	$0.00	334,415	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	X	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrant (Right to Buy)	Disposition	2014-09-02	0	$0.00	0	$4.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2007-12-19		No	4	X	Indirect

Footnotes

On September 2, 2014, Bessemer Venture Partners VI L.P. ("BVP VI"), Bessemer Venture Partners Co-Investment L.P. ("BVP Co") and Bessemer Venture Partners VI Institutional L.P. ("BVP VI Inst" and, collectively with BVP VI and BVP VI Co, the "Funds") exercised warrants to purchase shares of common stock (the "Shares") from the Issuer at a price of $4.50 per share (the "Common Stock Warrants"). Upon exercise, BVP VI, BVP Co and BVP VI Inst acquired 61,562, 20,729 and 1,042 Shares respectively. After the exercise, BVP VI held 7,838,469 Shares, BVP Co held 2,537,519 Shares, and BVP VI Inst held 86,586 Shares.
Mr. Cowan is an executive manager and a member of Deer VI & Co. LLC ("Deer VI"), the general partner of each of the Funds (as defined below). Mr. Cowan disclaims beneficial ownership of the securities and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in Deer VI and his indirect limited partnership interest in BVP Co.
Represents 26,250 Shares held personally, 76,945 Shares held by the Cowan Family Trust UDT dated 10-17-02 (the "Cowan Family Trust") and 231,220 Shares held by David Cowan Partners II, a DE Multiple Series Limited Partnership (Series A) ("Cowan Partners"). Mr. Cowan and his spouse are the trustees of the Cowan Family Trust and the general partners of Cowan Partners. Mr. Cowan disclaims beneficial ownership of the securities held by the Cowan Family Trust and Cowan Partners, and this report shall not be deemed an admission that he is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, therein.
On September 2, 2014, BVP VI sold 62,439 Shares, BVP Co sold 20,207 Shares, and BVP VI Inst sold 687 Shares at a weighted average price sale of $14.785. As result of the reported transactions, BVP VI now holds 7,776,030 Shares, BVP Co holds 2,517,312 Shares, and BVP VI Inst holds 85,899 Shares.
BVP VI held a Common Stock Warrant to purchase 61,562 Shares. BVP Co-Investment held a Common Stock Warrant to purchase 20,729 Shares. BVP Institutional held a Common Stock Warrant to purchase 1,042 Shares.
The earlier of (a) December 19, 2014, or (b) the sale, conveyance or disposal of all or substantially all of the Issuer's property or business or the Issuer's merger with or into or consolidation with any other corporation (other than a wholly owned subsidiary of the Issuer) or any other transaction or series of related transactions in which more than 50% of the voting power of the Issuer is disposed of, provided that the consideration received by the Funds is entirely in the form of cash and provided further that the foregoing shall not apply to a merger effected exclusively for the purpose of changing the domicile of the Issuer or to any equity financing in which the Issuer is the surviving corporation.