Filing Details

Accession Number:
0000899243-16-027027
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-12 19:46:57
Reporting Period:
2016-08-11
Filing Date:
2016-08-12
Accepted Time:
2016-08-12 19:46:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1211759 Connecture Inc CNXR Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1344015 Ezra Perlman C/O Francisco Partners Management, L.p.
One Letterman Drive, Building C -Ste 410
San Francisco CA 94129
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 Acquisiton 2016-08-11 1,558,000 $1.65 3,108,286 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
Footnotes
  1. These securities are directly held by Francisco Partners IV, L.P. ("FP IV") and Francisco Partners IV-A, L.P. ("FP IV-A"). As of the date of this filing, FP IV holds 2,070,507 shares of common stock of Connecture, Inc. (the "Issuer"), having a par value of $0.001 per share (the "Common Stock"), and FP IV-A holds 1,037,779 of Common Stock.
  2. As of the date of this filing, FP IV holds 33,306 shares of Series A Convertible Preferred Stock, par value $0.001 per share (the "Preferred Stock"), of the Issuer, and FP IV-A holds 16,694 shares of Preferred Stock. The number of shares of Preferred Stock deliverable upon conversion of each share of Preferred Stock is equal to approximately 222.2222 shares, subject to customary anti-dilution and other adjustments. The Preferred Stock is convertible at any time and has no expiration date. The Issuer may mandatorily convert the Preferred Stock into Common Stock after May 2, 2018, if certain conditions are met.
  3. The general partner of both FP IV and FP IV-A is Francisco Partners GP IV, L.P. ("FP GP"). The general partner of FP GP is Francisco Partners GP IV Management Limited ("FP GP Management"). Mr. Perlman, an officer of an affiliate of Francisco Partners Management, L.P. ("Francisco Partners"), is a member of the board of directors of the Issuer. FP IV, FP IV-A, FP GP and FP GP Management are affiliates of Francisco Partners and have each filed a separate Form 4 reporting the acquisition of securities of the Issuer that each may be deemed to beneficially own. Mr. Perlman disclaims beneficial ownership of any securities of the Issuer that may be deemed to be beneficially owned by affiliates of Francisco Partners, including FP IV, FP IV-A, FP GP and FP GP Management, except to the extent of his pecuniary interest therein.