Filing Details
- Accession Number:
- 0000921895-17-002264
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-09-01 19:58:19
- Reporting Period:
- 2017-08-31
- Accepted Time:
- 2017-09-01 18:58:19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1095291 | Web.com Group Inc. | WEB | Services-Prepackaged Software (7372) | 943327894 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1127685 | H Ahmet Okumus | C/O Okumus Fund Management Ltd. 767 Third Avenue, 35Th Floor New York NY 10022 | No | No | Yes | No | |
| 1496147 | Ltd. Management Fund Okumus | 767 Third Avenue, 35Th Floor New York NY 10017 | No | No | Yes | No | |
| 1572706 | Ltd. Fund Value Opportunistic Okumus | Craigmuir Chambers Suite 71 Road Town, Tortola D8 VG 1110 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2017-08-31 | 3,000,000 | $24.79 | 6,526,833 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-08-31 | 3,000,000 | $24.79 | 6,526,833 | No | 4 | S | Indirect | See Footnote |
| Common Stock | Disposition | 2017-08-31 | 3,000,000 | $24.79 | 6,526,833 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | See Footnote |
| No | 4 | S | Indirect | See Footnote |
Footnotes
- Pursuant to a Share Repurchase Agreement between the Issuer and Okumus Fund Management Ltd., Okumus Opportunistic Value Fund, Ltd., and Ahmet H. Okumus, dated August 31, 2017, the Issuer purchased from Okumus Opportunistic Value Fund, Ltd. 3,000,000 shares for an aggregate purchase price of $74,382,000.
- The reported securities are directly owned by Okumus Opportunistic Value Fund, Ltd.
- The reported securities are directly owned by Okumus Opportunistic Value Fund, Ltd., a British Virgin Islands business company managed by Okumus Fund Management Ltd., and may be deemed indirectly beneficially owned by Okumus Fund Management Ltd. as the investment manager of Okumus Opportunistic Value Fund, Ltd. The reported securities may also be deemed indirectly beneficially owned by Ahmet H. Okumus as President of Okumus Fund Management Ltd. and Director of Okumus Opportunistic Value Fund, Ltd. Each of Okumus Fund Management Ltd. and Ahmet H. Okumus disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
Billionaire Hedge Funds
