Filing Details
- Accession Number:
- 0001144204-15-039047
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-06-25 13:44:40
- Reporting Period:
- 2015-06-23
- Filing Date:
- 2015-06-25
- Accepted Time:
- 2015-06-25 13:44:40
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1447599 | Fitbit Inc | FIT | Electronic Computers (3571) | 208920744 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1179380 | Nikola Nino Marakovic | C/O Sapphire Ventures 3408 Hillview Avenue Palo Alto CA 94304 | No | No | Yes | No | |
| 1503585 | Sap Ventures Fund I, L.p. | 3408 Hillview Avenue Palo Alto CA 94304 | No | No | Yes | No | |
| 1634035 | Sapphire Ventures (Gpe) I, L.l.c. | 3408 Hillview Avenue Palo Alto CA 94304 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2015-06-23 | 1,050,000 | $0.00 | 1,050,000 | No | 4 | C | Indirect | By Sapphire Ventures Fund I, L.P. |
| Class A Common Stock | Disposition | 2015-06-23 | 1,050,000 | $18.80 | 0 | No | 4 | S | Indirect | By Sapphire Ventures Fund I, L.P. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Indirect | By Sapphire Ventures Fund I, L.P. |
| No | 4 | S | Indirect | By Sapphire Ventures Fund I, L.P. |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Series D Convertible Preferred Stock | Disposition | 2015-06-23 | 6,779,040 | $0.00 | 6,779,040 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2015-06-23 | 6,779,040 | $0.00 | 6,779,040 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2015-06-23 | 1,050,000 | $0.00 | 1,050,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 6,779,040 | No | 4 | C | Indirect | ||
| 5,729,040 | No | 4 | C | Indirect |
Footnotes
- The Convertible Preferred Stock automatically converted into Class B Common Stock on a one-for-one basis immediately prior to the completion of the Issuer's initial public offering and has no expiration date.
- Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock will convert automatically into Class A Common Stock on the same basis upon the earlier of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation in effect as of the date hereof, (ii) the affirmative vote of the holders of Class B Common Stock representing not less than a majority of the outstanding shares of Class B Common Stock, or (iii) June 17, 2027.
- Shares are held directly by Sapphire Ventures Fund I, LP. formerly known as SAP Ventures Fund I, L.P. Sapphire Ventures (GPE) I, L.L.C. is the general partner of Sapphire Ventures Fund I, LP. Nino Marakovic as the managing member of Sapphire Ventures (GPE) I, L.L.C. may be deemed to have voting and dispositive power with respect to the shares held by Sapphire Ventures Fund I, LP.
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