Filing Details
- Accession Number:
- 0001209191-17-035998
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-05-26 18:05:52
- Reporting Period:
- 2017-05-25
- Filing Date:
- 2017-05-26
- Accepted Time:
- 2017-05-26 18:05:52
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1229590 | B William Gordon | C/O Kleiner Perkins Caufield Byers 2750 Sand Hill Road Menlo Park CA 94025 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Disposition | 2017-05-25 | 976,859 | $3.50 | 805,151 | No | 4 | S | Indirect | See footnote |
Class A Common Stock | Disposition | 2017-05-26 | 255,514 | $3.50 | 549,637 | 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 |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 832,603 | Direct |
Footnotes
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $3.50 to $3.515 per share, inclusive. The Reporting Person undertakes 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 range set forth in this footnote.
- KPCB Holdings, Inc., as nominee, holds the shares for the account of each of KPCB Digital Growth Fund, LLC ("KPCB DGF") and KPCB Digital Growth Founders Fund, LLC ("KPCB DGFF"). The managing member of KPCB DGF and KPCB DGFF is KPCB DGF Associates, LLC ("DGF Associates"). The voting and dispositive control over the shares is shared by individual managing members of DGF Associates, including the Reporting Person, none of whom has veto power. The Reporting Person disclaims beneficial ownership over such shares except to the extent of his pecuniary interest therein, and the inclusion of such shares shall not be deemed an admission of beneficial ownership of such shares for purposes of Section 16 or for any other purposes.
- The reported price is a weighted average price (rounded to the nearest cent). These shares were sold in multiple transactions at prices ranging from $3.50 to $3.5075 per share, inclusive. The Reporting Person undertakes 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 range set forth in this footnote.