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Filing Details

Accession Number:: 0000899243-16-035560
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-12-14 18:00:14
Reporting Period:: 2016-12-12

Filing Date:: 2016-12-14
Accepted Time:: 2016-12-14 18:00:14
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1322554	Xactly Corp	XTLY	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1274607	P L Ii Partners Venture Rembrandt	600 Montgomery Street 44Th Floor San Francisco CA 94111	No	No	Yes	No
1438448	Rembrandt Venture Partners Fund Two Lp	600 Montgomery Street 44Th Floor San Francisco CA 94111	No	No	Yes	No
1438549	Rembrandt Venture Partners Fund Two-A Lp	600 Montgomery Street 44Th Floor San Francisco CA 94111	No	No	Yes	No
1644735	Rembrandt Venture Partners Fund Two, Llc	600 Montgomery Street 44Th Floor San Francisco CA 94111	No	No	Yes	No
1644895	Rembrandt Venture Partners Ii, Llc	600 Montgomery Street, 44Th Floor San Francisco CA 94111	No	No	Yes	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	Disposition	2016-12-12	25,953	$11.03	1,834,283	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-12-12	106,297	$11.03	1,023,227	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-12-12	319	$11.03	3,075	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-12-13	14,683	$10.90	1,819,600	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-12-13	60,136	$10.90	963,091	No	4	S	Indirect	See footnote
Common Stock	Disposition	2016-12-13	181	$10.90	2,894	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

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.95 to $11.05, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (5) to this Form 4.
The reported securities are held of record by Rembrandt Venture Partners II, L.P. (RVP II). Gerald S. Casilli, a director of the Issuer, and Douglas Schrier, as the managing members of Rembrandt Venture Partners II LLC, the general partner of RVP II, share voting and dispositive power with respect to the shares held by RVP II. Messrs. Casilli and Schrier disclaim beneficial ownership of the securities reported herein, except to the extent of any individual pecuniary interest therein.
The reported securities are held of record by Rembrandt Venture Partners Fund Two, L.P. (RVPF 2). Messrs. Casilli and Schrier and Scott Irwin, as the managing members of Rembrandt Venture Partners Fund Two, LLC, the general partner of RVPF 2, share voting and dispositive power with respect to the shares held by RVPF 2. Messrs. Casilli, Schrier and Irwin disclaim beneficial ownership of the securities reported herein, except to the extent of any individual pecuniary interest therein.
The reported securities are held of record by Rembrandt Venture Partners Fund Two-A, L.P. (RVPF 2-A). Messrs. Casilli, Schrier and Irwin, as the managing members of Rembrandt Venture Partners Fund Two, LLC, the general partner of RVPF 2-A, share voting and dispositive power with respect to the shares held by RVPF 2-A. Messrs. Casilli, Schrier and Irwin disclaim beneficial ownership of the securities reported herein, except to the extent of any individual pecuniary interest therein.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $11.00, inclusive.