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Filing Details

Accession Number:: 0001181431-11-034463
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-06-02 18:59:15
Reporting Period:: 2011-05-31

Filing Date:: 2011-06-02
Accepted Time:: 2011-06-02 18:59:15
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1163932	Active Network Inc	ACTV	Services-Prepackaged Software (7372)	330884962

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1012832	Kamra Deepak	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1012837	Stephen L Green	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	Yes	No	Yes	No
1012840	Gregory Kopchinsky	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1012847	A Eric Young	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1181211	V John Balen	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1184420	Seth Rudnick	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1207891	M Guy Russo	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1323649	Charmers Landing Llc	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1323651	Stonehenge Llc	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	No	No	Yes	No
1323654	Waubeeka Llc	C/O Canaan Partners 285 Riverside Avenue, Suite 250 Westport CT 06880	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	Acquisiton	2011-05-31	6,933,372	$0.00	6,933,372	No	4	C	Indirect	See footnotes
Common Stock	Disposition	2011-05-31	1,371,701	$15.00	5,561,671	No	4	S	Indirect	See footnotes
Common Stock	Acquisiton	2011-05-31	23,546	$0.00	23,546	No	4	C	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See footnotes
No	4	S	Indirect	See footnotes
No	4	C	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B-6 Preferred Stock	Disposition	2011-05-31	1,428,810	$0.00	1,428,810	$0.00
Common Stock	Series C Preferred Stock	Disposition	2011-05-31	1,895,519	$0.00	1,895,519	$0.00
Common Stock	Series D Preferred Stock	Disposition	2011-05-31	913,175	$0.00	913,175	$0.00
Common Stock	Series E Preferred Stock	Disposition	2011-05-31	1,875,705	$0.00	1,875,705	$0.00
Common Stock	Series F Preferred Stock	Disposition	2011-05-31	820,163	$0.00	820,163	$0.00
Common Stock	Series E Preferred Stock	Disposition	2011-05-31	12,112	$0.00	12,112	$0.00
Common Stock	Series F Preferred Stock	Disposition	2011-05-31	11,434	$0.00	11,434	$0.00

Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Indirect
No	4	C	Direct
No	4	C	Direct

Footnotes

Immediately prior to the closing of the initial public offering of the Issuer's Common Stock the reported shares of Preferred Stock were converted to Common Stock based on the conversion ratio as set forth in the Issuer's Certificate of Incorporation.
Consists of 124,857 shares held by Canaan Equity II Entrepreneurs LLC, 1,572,748 shares held by Canaan Equity II L.P., 703,533 shares held by Canaan Equity II L.P. (QP), 78,862 shares held by Canaan Equity III Entrepreneurs LLC, 2,111,791 shares held by Canaan Equity III L.P. and 2,341,581 shares held by Canaan Equity VII L.P. L.P.
John V. Balen, Stephen L. Green, Deepak Karma, Gregory Kopchinsky, Guy M. Russo, Eric A. Young (the "Canaan II Individuals"), Charmers Landing LLC ("Charmers"), Stonehenge LLC ("Stonehenge") and Waubeeka LLC ("Waubeeka") are managers of Canaan Equity Partners II LLC which is (a) the sole Manager of Canaan Equity II Entrepreneurs LLC and (b) the sole General Partner of each of Canaan Equity II L.P and Canaan Equity II L.P. (QP). The sole managers of Charmers, Stonehenge and Waubeeka are Mr. Green, Mr. Kopchinsky and Mr. Russo, respectively. The Canaan II Individuals may be deemed to have shared voting, investment and dispositive power with respect to these shares, but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein.
John V. Balen, Stephen L. Green, Deepak Karma, Gregory Kopchinsky, Seth A. Rudnick, Guy M. Russo, and Eric A. Young are Managers of Canaan Equity Partners III LLC which is (a) the sole Manager of Canaan Equity III Entrepreneurs LLC and (b) the sole General Partner of Canaan Equity III L.P. Such individuals may be deemed to have shared voting, investment and dispositive power with respect to these shares, but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein.
Brenton K. Ahrens, John V. Balen, Maha S. Ibrahim, Deepak Karma, Gregory Kopchinsky, Seth A. Rudnick, Guy M. Russo, Eric A. Young, Wende Hutton and Stephen Bloch are Managers of Canaan Partners VII LLC which is the sole General Partner of Canaan VII L.P. Such individuals may be deemed to have shared voting, investment and dispositive power with respect to these shares, but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein. Mr. Green is a member of Canaan Partners VII LLC, does not have voting or dispositive power over the shares held by Canaan VII L.P., and disclaims beneficial ownership of the shares held by Canaan VII L.P. except to the extent of his pecuniary interest therein.
Consists of 24,701 shares held by Canaan Equity II Entrepreneurs LLC, 311,153 shares held by Canaan Equity II L.P., 139,187 shares held by Canaan Equity II L.P. (QP), 15,602 shares held by Canaan Equity III Entrepreneurs LLC, 417,798 shares held by Canaan Equity III L.P. and 463,260 shares held by Canaan VII L.P.
Consists of 100,156 shares held by Canaan Equity II Entrepreneurs LLC, 1,261,595 shares held by Canaan Equity II L.P., 564,346 shares held by Canaan Equity II L.P. (QP), 63,260 shares held by Canaan Equity III Entrepreneurs LLC, 1,693,993 shares held by Canaan Equity III L.P. and 1,878,321 shares held by Canaan VII L.P.
Consists of 74,298 shares held by Canaan Equity II Entrepreneurs LLC, 935,871 shares held by Canaan Equity II L.P. and 418,641 shares held by Canaan Equity II L.P. (QP).
Consists of 16,427 shares held by Canaan Equity II Entrepreneurs LLC, 206,927 shares held by Canaan Equity II L.P., 92,564 shares held by Canaan Equity II L.P. (QP), 56,865 shares held by Canaan Equity III Entrepreneurs LLC and 1,522,736 shares held by Canaan Equity III L.P.
Consists of 24,921 shares held by Canaan Equity II Entrepreneurs LLC, 313,921 shares held by Canaan Equity II L.P., 140,425 shares held by Canaan Equity II L.P. (QP), 15,620 shares held by Canaan Equity III Entrepreneurs LLC and 418,288 shares held by Canaan Equity III L.P.
Consists of 7,410 shares held by Canaan Equity II Entrepreneurs LLC, 93,334 shares held by Canaan Equity II L.P., 41,751 shares held by Canaan Equity II L.P. (QP), 5,130 shares held by Canaan Equity III Entrepreneurs LLC, 137,365 shares held by Canaan Equity III L.P. and 1,590,715 shares held by Canaan VII L.P.
Consists of 1,801 shares held by Canaan Equity II Entrepreneurs LLC, 22,695 shares held by Canaan Equity II L.P., 10,152 shares held by Canaan Equity II L.P. (QP), 1,247 shares held by Canaan Equity III Entrepreneurs LLC, 33,402 shares held by Canaan Equity III L.P. and 750,866 shares held by Canaan VII L.P.