Filing Details
- Accession Number:
- 0000919574-16-014205
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-07-15 19:01:03
- Reporting Period:
- 2016-07-14
- Filing Date:
- 2016-07-15
- Accepted Time:
- 2016-07-15 19:01:03
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1095291 | Web.com Group Inc. | WEB | Services-Prepackaged Software (7372) | 943327894 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1127685 | H Ahmet Okumus | C/O Okumus Fund Management Ltd. 767 Third Avenue, 35Th Floor New York NY 10017 | No | No | Yes | No | |
1496147 | Ltd. Management Fund Okumus | 767 Third Avenue 35Th Floor New York NY 10017 | No | No | Yes | No | |
1572706 | Ltd. Fund Value Opportunistic Okumus | Craigmuir Chambers P.o. Box 71, Road Town Tortola D8 VG 1110 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2016-07-14 | 33,200 | $18.70 | 9,526,833 | No | 4 | S | Direct | |
Common Stock | Disposition | 2016-07-14 | 33,200 | $18.70 | 9,526,833 | No | 4 | S | Indirect | See Footnote |
Common Stock | Disposition | 2016-07-14 | 33,200 | $18.70 | 9,526,833 | No | 4 | S | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Indirect | See Footnote |
No | 4 | S | Indirect | See Footnote |
Footnotes
- This sale was made pursuant to regulatory considerations. The sale was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with the Reporting Person's purchase on June 27, 2016 of (a) 13,700 shares of Common Stock at a price of $16.8976 per share, and (b) 19,500 shares of Common Stock at a price of $16.9091 per share. The Reporting Person has agreed to pay to Issuer, upon settlement of the sale, $59,223.67, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
- The reported securities are directly owned by Okumus Opportunistic Value Fund, Ltd.
- The reported securities are directly owned by Okumus Opportunistic Value Fund, Ltd., a British Virgin Islands business company managed by Okumus Fund Management Ltd., and may be deemed indirectly beneficially owned by Okumus Fund Management Ltd. as the investment manager of Okumus Opportunistic Value Fund, Ltd. The reported securities may also be deemed indirectly beneficially owned by Ahmet H. Okumus as President of Okumus Fund Management Ltd. and Director of Okumus Opportunistic Value Fund, Ltd. Each of Okumus Fund Management Ltd. and Ahmet H. Okumus disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Exchange Act, or for any other purpose.