Filing Details
- Accession Number:
- 0001209191-17-044915
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-07-12 17:10:45
- Reporting Period:
- 2017-07-05
- Filing Date:
- 2017-07-12
- Accepted Time:
- 2017-07-12 17:10:45
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1312964 | P L Viii Fund Jurvetson Fisher Draper | C/O Draper Fisher Jurvetson 2882 Sand Hill Road, Suite 150 Menlo Park CA 94025 | No | No | Yes | No | |
1375505 | Draper Fisher Jurvetion Partners Growth Fund 2006 Llc | C/O Draper Fisher Jurvetson 2882 Sand Hill Road, Suite 150 Menlo Park CA 94025 | No | No | Yes | No | |
1385453 | Draper Fisher Jurvetson Growth Fund 2006 Lp | C/O Draper Fisher Jurvetson 2882 Sand Hill Road, Suite 150 Menlo Park CA 94025 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2017-07-05 | 320,000 | $0.00 | 320,000 | No | 4 | C | Indirect | By DALP |
Class A Common Stock | Disposition | 2017-07-05 | 320,000 | $18.07 | 0 | No | 4 | S | Indirect | By DALP |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | C | Indirect | By DALP |
No | 4 | S | Indirect | By DALP |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | Disposition | 2017-07-05 | 320,000 | $0.00 | 320,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
12,684,873 | No | 4 | C | Indirect |
Footnotes
- Represents the conversion of Class B Common Stock into Class A Common Stock held by Draper Associates, L.P. (DALP).
- The General Partner of DALP is Draper Associates, Inc. which is controlled by its President and majority shareholder, Timothy C. Draper. DALP invests lockstep alongside Draper Fisher Jurvetson Fund VIII, L.P. (Fund VIII) and Draper Fisher Jurvetson Fund IX, L.P. (Fund IX).
- Timothy C. Draper, John H.N. Fisher and Stephen T. Jurvetson are managing directors of the general partner entities of Fund VIII and Fund IX that directly hold shares and as such they may be deemed to have voting and investment power with respect to such shares. Draper Fisher Jurvetson Partners VIII, LLC (Partners VIII) invests lockstep alongside Fund VIII. Draper Fisher Jurvetson Partners IX, LLC (Partners IX) invests lockstep alongside Fund IX. The managing members of Partners VIII and Partners IX are Timothy C. Draper, John H.N. Fisher and Stephen T. Jurvetson. These individuals disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.
- John H.N. Fisher, Barry M. Schuler and Mark W. Bailey are managing directors of the general partner entities of Draper Fisher Jurvetson Growth Fund 2006, L.P. (Growth Fund) that directly hold shares and as such they may be deemed to have voting and investment power with respect to such shares. Draper Fisher Jurvetson Partners Growth Fund 2006, LLC (Growth Partners) invests lockstep alongside Growth Fund. The managing members of Growth Partners are John H.N. Fisher, Barry M. Schuler, Mark W. Bailey, Timothy C. Draper and Stephen T. Jurvetson. These individuals disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.
- This sale price represents the weighted average sale price of the shares sold ranging from $18.04 to $18.21 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- 1,170,740 of these shares are owned directly by DALP, 2,330,280 of these shares are owned directly by Fund IX, 7,452,141 of these shares are owned directly by Fund VIII, 63,146 of these shares are owned directly by Partners IX, 165,601 of these shares are owned directly by Partners VIII, 1,390,544 of these shares are owned directly by Growth Fund, and 112,421 of these shares are owned directly by Growth Partners.