Filing Details

Accession Number:
0000899243-18-019301
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-07-03 18:11:54
Reporting Period:
2018-07-02
Accepted Time:
2018-07-03 18:11:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1640428 Everquote Inc. EVER () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1203475 B David Blundin C/O Link Ventures, Lllp
One Kendall Square, Suite B2106
Cambridge MA 02139
Yes 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 2018-07-02 274,012 $0.00 274,012 No 4 C Indirect By Cogo Labs, Inc.
Class A Common Stock Disposition 2018-07-02 274,012 $0.00 0 No 4 S Indirect By Cogo Labs, Inc.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By Cogo Labs, Inc.
No 4 S Indirect By Cogo Labs, Inc.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Series A (convertible) Preferred Stock Disposition 2018-07-02 805,111 $0.00 6,440,888 $0.00
Class A Common Stock Class B (convertible) Common Stock Acquisiton 2018-07-02 6,440,888 $0.00 6,440,888 $0.00
Class B Common Stock Series A (convertible) Preferred Stock Disposition 2018-07-02 133,065 $0.00 1,064,520 $0.00
Class A Common Stock Class B (convertible) Common Stock Acquisiton 2018-07-02 1,064,520 $0.00 1,064,520 $0.00
Class A Common Stock Class B (convertible) Common Stock Disposition 2018-07-02 274,012 $0.00 274,012 $0.00
Class B Common Stock Series B (convertible) Preferred Stock Disposition 2018-07-02 34,656 $0.00 277,248 $0.00
Class A Common Stock Class B (convertible) Common Stock Acquisiton 2018-07-02 277,248 $0.00 277,248 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
6,440,888 No 4 C Indirect
0 No 4 C Indirect
1,064,520 No 4 C Indirect
790,508 No 4 C Indirect
0 No 4 C Indirect
277,248 No 4 C Indirect
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B (convertible) Common Stock $0.00 3,369,560 3,369,560 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
3,369,560 3,369,560 Indirect
Footnotes
  1. Pursuant to the Sale (as defined below), 274,012 shares of Class B Common Stock indirectly held by the reporting person automatically converted into shares of Class A Common Stock on a one-to-one basis.
  2. Cogo Labs, Inc. directly owns the reported securities. The reporting person is the controlling stockholder of Cogo Labs, Inc. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the corporation, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
  3. Pursuant to an underwriting agreement, dated June 27, 2018 (the "Underwriting Agreement"), by and among J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated (together with several underwriters named in Schedule 1 thereto, the "Underwriters"), EverQuote, Inc. (the "Company") and the selling stockholders named in Schedule 2 thereto (the "Selling Stockholders"), the Underwriters agreed to purchase from the Selling Stockholders and the Selling Stockholders agreed to sell to the Underwriters an aggregate of 1,562,500 shares of Class A Common Stock (the "Sale"), which aggregate amount includes 274,012 shares of Class A Common Stock held by the Reporting Person.
  4. (Continued from Footnote 3) Pursuant to the final prospectus filed by the Company on June 28, 2018, the public offering price in the public offering of Class A Common Stock was $18.00 per share and the underwriting discount was $1.26 per share. Accordingly, the Reporting Person sold an aggregate of 274,012 shares of Class A Common Stock in such Sale to the Underwriters and received a price per share of Class A Common Stock of $16.74 (which is net of underwriting discounts and commissions) for an aggregate amount of $4,586,960.88.
  5. The Series A Preferred Stock converted into Class B Common Stock on a one-for-eight basis and had no expiration date.
  6. Link Ventures Investment Vehicle II, LLC directly owns the reported securities. The reporting person is the managing member of Link Ventures Investment Vehicle II, LLC. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
  7. Shares of Class B Common Stock are convertible into shares of Class A Common Stock of the Issuer on a one-to-one basis at any time at the option of the holder and has no expiration date. In addition, subject to certain exceptions described in the Issuer's Restated Certificate of Incorporation, shares of Class B Common Stock convert automatically into shares of Class A Common Stock on a one-to-one basis upon transfer.
  8. The Series B Preferred Stock converted into Class B Common Stock on a one-for-eight basis and had no expiration.
  9. LV2 LP EQ Series B SPV, LLC directly owns the reported securities. The reporting person is the managing member of Link Equity Partners, LLC, which is the managing member of LV2 EQ SPV Manager, LLC, which is the managing member of LV2 LP EQ Series B SPV, LLC. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the limited liability company, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
  10. Link Ventures, LLLP directly owns the reported securities. The reporting person is the managing member of Link Management, LLC, which is the general partner of Link Ventures, LLLP. Except to the extent that the reporting person has a direct or indirect pecuniary interest in securities owned by the partnership, the reporting person disclaims beneficial ownership with respect to securities held in this manner. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.