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Filing Details

Accession Number:: 0001209191-16-140658
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-09-08 19:16:52
Reporting Period:: 2016-09-06

Filing Date:: 2016-09-08
Accepted Time:: 2016-09-08 19:16:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1313275	Brightcove Inc	BCOV	Services-Computer Processing & Data Preparation (7374)	201579162

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1634037	Chet Kapoor	C/O Brightcove Inc. 290 Congress Street, 4Th Floor Boston MA 02210		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-09-06	104,925	$13.08	1,132,702	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2016-09-06	45,075	$13.08	442,298	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2016-09-07	52,463	$12.98	1,080,239	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2016-09-07	22,537	$12.98	419,761	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2016-09-08	50,645	$12.86	1,029,594	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2016-09-08	21,755	$12.86	398,006	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

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,487	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $12.86 to $13.39. The price reported above in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer complete information regarding the number of shares and prices at which each of the individual transactions was effected.
The securities are held by Tenzing Global Investors Fund I LP, a Delaware limited partnership ("Fund I"). Tenzing Global Management LLC, a Delaware limited liability company ("Tenzing Global Management"), is an investment advisor and Tenzing Global Investors LLC, a Delaware limited liability company ("Tenzing Global Investors"), serves as the general partner of Fund I. Chet Kapoor is a managing partner of each of Tenzing Global Management and Tenzing Global Investors and the portfolio manager of Fund I, and may be deemed to share voting and investment power over the shares held of record by Fund I. Mr. Kapoor disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein.
The securities are held by accounts managed by Tenzing Global Management on a discretionary basis (the "Parallel Account"). Chet Kapoor is the portfolio manager of the Parallel Account and may be deemed to share voting and investment power over the shares held of record by the Parallel Account. Mr. Kapoor disclaims beneficial ownership of all shares held by the Parallel Account except to the extent of his pecuniary interest therein.
This transaction was executed in multiple trades at prices ranging from $12.84 to $13.08. The price reported above in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer complete information regarding the number of shares and prices at which each of the individual transactions was effected.
This transaction was executed in multiple trades at prices ranging from $12.75 to $13.05. The price reported above in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer complete information regarding the number of shares and prices at which each of the individual transactions was effected.
These shares were acquired pursuant to a restricted stock unit award under the Brightcove Inc. 2012 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Brightcove Inc. common stock. The restricted stock units vest in full on May 18, 2017. The Reporting Person will assign to Tenzing Global Investors Fund I LP and other accounts managed on a discretionary basis any shares issuable pursuant to this award or any proceeds from the sale thereof.