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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Series C Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 6,243,285 | (4) | (4) | Class B Common Stock (5) | 6,243,285 | $ 0 | 0 | I | By Sequoia Capital Franchise Fund (1) | |||
Series C-1 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 749,194 | (4) | (4) | Class B Common Stock (5) | 749,194 | $ 0 | 0 | I | By Sequoia Capital Franchise Fund (1) | |||
Series C-2 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 775,774 | (4) | (4) | Class B Common Stock (5) | 775,774 | $ 0 | 0 | I | By Sequoia Capital Franchise Fund (1) | |||
Series C-1 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 1,558,481 | (4) | (4) | Class B Common Stock (5) | 1,558,481 | $ 0 | 0 | I | By Sequoia Capital IX (2) | |||
Series C-2 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 288,247 | (4) | (4) | Class B Common Stock (5) | 288,247 | $ 0 | 0 | I | By Sequoia Capital IX (2) | |||
Series A Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 266,579 | (4) | (4) | Class B Common Stock (5) | 266,579 | $ 0 | 0 | I | By Sequoia Capital US Growth Fund IV, L.P. (3) | |||
Series B Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 45,912 | (4) | (4) | Class B Common Stock (5) | 45,912 | $ 0 | 0 | I | By Sequoia Capital US Growth Fund IV, L.P. (3) | |||
Series C Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 38,394 | (4) | (4) | Class B Common Stock (5) | 38,394 | $ 0 | 0 | I | By Sequoia Capital US Growth Fund IV, L.P. (3) | |||
Series C-1 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 4,426 | (4) | (4) | Class B Common Stock (5) | 4,426 | $ 0 | 0 | I | By Sequoia Capital US Growth Fund IV, L.P. (3) | |||
Series A Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 11,571 | (4) | (4) | Class B Common Stock (5) | 11,571 | $ 0 | 0 | I | By Sequoia Capital USGF Principals Fund IV, L.P. (3) | |||
Series B Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 1,993 | (4) | (4) | Class B Common Stock (5) | 1,993 | $ 0 | 0 | I | By Sequoia Capital USGF Principals Fund IV, L.P. (3) | |||
Series C Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 1,666 | (4) | (4) | Class B Common Stock (5) | 1,666 | $ 0 | 0 | I | By Sequoia Capital USGF Principals Fund IV, L.P. (3) | |||
Series C-1 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 192 | (4) | (4) | Class B Common Stock (5) | 192 | $ 0 | 0 | I | By Sequoia Capital USGF Principals Fund IV, L.P. (3) | |||
Series C Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 851,357 | (4) | (4) | Class B Common Stock (5) | 851,357 | $ 0 | 0 | I | By Sequoia Capital Franchise Partners (1) | |||
Series C-1 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 102,163 | (4) | (4) | Class B Common Stock (5) | 102,163 | $ 0 | 0 | I | By Sequoia Capital Franchise Partners (1) | |||
Series C-2 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 105,787 | (4) | (4) | Class B Common Stock (5) | 105,787 | $ 0 | 0 | I | By Sequoia Capital Franchise Partners (1) | |||
Series C-1 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 151,130 | (4) | (4) | Class B Common Stock (5) | 151,130 | $ 0 | 0 | I | By Sequoia Capital Entrepreneurs Annex Fund (2) | |||
Series C-2 Convertible Preferred Stock (4) | $ 0 | 07/27/2010 | C | 12,010 | (4) | (4) | Class B Common Stock (5) | 12,010 | $ 0 | 0 | I | By Sequoia Capital Entrepreneurs Annex Fund (2) | |||
Class B Common Stock (5) | $ 0 | 07/27/2010 | C | 7,768,253 | (5) | (5) | Class A Common Stock | 7,768,253 | $ 0 | 7,778,099 | I | By Sequoia Capital Franchise Fund (1) | |||
Class B Common Stock (5) | $ 0 | 07/27/2010 | C | 1,846,728 | (5) | (5) | Class A Common Stock | 1,846,728 | $ 0 | 1,850,387 | I | By Sequoia Capital IX (2) | |||
Class B Common Stock (5) | $ 0 | 07/27/2010 | C | 355,311 | (5) | (5) | Class A Common Stock | 355,311 | $ 0 | 1,195,073 | I | By Sequoia Capital US Growth Fund IV, L.P. (3) | |||
Class B Common Stock (5) | $ 0 | 07/27/2010 | C | 15,422 | (5) | (5) | Class A Common Stock | 15,422 | $ 0 | 51,872 | I | By Sequoia Capital USGF Principals Fund IV, L.P. (3) | |||
Class B Common Stock (5) | $ 0 | 07/27/2010 | C | 1,059,307 | (5) | (5) | Class A Common Stock | 1,059,307 | $ 0 | 1,060,650 | I | By Sequoia Capital Franchise Partners (1) | |||
Class B Common Stock (5) | $ 0 | 07/27/2010 | C | 163,140 | (5) | (5) | Class A Common Stock | 163,140 | $ 0 | 163,292 | I | By Sequoia Capital Entrepreneurs Annex Fund (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MORITZ MICHAEL J 3000 SAND HILL ROAD, 4-250 MENLO PARK, CA 94025 |
X | X |
/s/ Lina Davidian as attorney-in-fact for Michael J. Moritz | 07/29/2010 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | SCFF Management, LLC ("SCFF Management") is the sole general partner of Sequoia Capital Franchise Fund and Sequoia Capital Franchise Partners. The reporting person is a managing member of SCFF Management and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purposes. |
(2) | SC IX.I Management, LLC ("SC IX.I Management") is the sole general partner of Sequoia Capital IX and Sequoia Capital Entreprenuers Annex Fund. The reporting person is a managing member of SC IX.I Management and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purposes. |
(3) | SCGF IV Management, L.P. ("SCGF IV Management") is the mid-tier general partner and SCGF GenPar, Ltd. ("SCGF GenPar") is the top-tier general partner of Sequoia Capital US Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P. The reporting person is a Class A Limited Partner of SCGF IV Management and a managing director of SCGF GenPar and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purposes. |
(4) | The convertible preferred stock converted into the issuer's Class B Common Stock on a 1-for-1 basis on the closing of the issuer's initial public offering and had no expiration date. |
(5) | The Class B Common Stock is convertible at the holder's option into the issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date. |