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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 A Convertible Preferred Stock | (5) | 03/14/2007 | C | 851,585 | (5) | (1) | Common Stock | 1,573,072 | $ 0 | 0 | I | Held by limited partnerships (6) | |||
Series A Convertible Preferred Stock | (5) | 03/14/2007 | C | 16,394 | (5) | (1) | Common Stock | 30,283 | $ 0 | 0 | I | Held by limited liability company (7) | |||
Series B Convertible Preferred Stock | (8) | 03/14/2007 | C | 1,275,957 | (8) | (1) | Common Stock | 785,682 | $ 0 | 0 | I | Held by limited partnerships (9) | |||
Series B Convertible Preferred Stock | (8) | 03/14/2007 | C | 32,419 | (8) | (1) | Common Stock | 19,962 | $ 0 | 0 | I | Held by limited liability company (10) | |||
Series C Convertible Preferred Stock | (8) | 03/14/2007 | C | 895,574 | (8) | (1) | Common Stock | 551,457 | $ 0 | 0 | I | Held by limited partnerships (11) | |||
Series C Convertible Preferred Stock | (8) | 03/14/2007 | C | 27,020 | (8) | (1) | Common Stock | 16,637 | $ 0 | 0 | I | Held by limited liability company (12) | |||
Series D Convertible Preferred Stock | (8) | 03/14/2007 | C | 445,779 | (8) | (1) | Common Stock | 274,492 | $ 0 | 0 | I | Held by limited partnerships (13) | |||
Series D Convertible Preferred Stock | (8) | 03/14/2007 | C | 13,450 | (8) | (1) | Common Stock | 8,281 | $ 0 | 0 | I | Held by limited liability company (14) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GULERI TIM 2884 SAND HILL ROAD, SUITE 100 MENLO PARK, CA 94025 |
X |
/s/ Joseph M. Boyle as Attorney-in-Fact | 03/16/2007 | |
**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) | N/A. |
(2) | Includes 3,153,946 shares held by Sierra Ventures VIII-A, L.P. ("Sierra VIII-A"), 30,757 shares held by Sierra Ventures VIII-B, L.P. ("Sierra VIII-B"), Sierra Ventures Associates VIII, LLC ("SVA VIII") is the general partner of Sierra VIII-A and Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-A and Sierra VIII-B. The reporting person is a managing member of SVA VIII. The reporting person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein. Additionally, includes 23,842 shares held in the name of Sierra Ventures Associates VII, LLC ("SVA VII"), as nominee on behalf of Reporting Person and 51,321 shares held in the name of SVA VIII, as nominee on behalf of Reporting Person. |
(3) | Includes 161,488 shares held by Sierra VIII-A, 1,574 shares held by Sierra VIII-B, 1,046 shares disposed by SVA VII as nominee on behalf of Reporting Person, and 2,092 shares disposed by SVA VIII as nominee on behalf of Reporting Person. |
(4) | Includes 2,992,458 shares held by Sierra VIII-A, and 29,183 shares held by Sierra VIII-B. SVA VIII is the general partner of Sierra VIII-A and Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-A and Sierra VIII-B. The reporting person is a managing member of SVA VIII. The reporting person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein. Additionally, includes 22,796 shares are held in the name of SVA VII, as nominee on behalf of Reporting Person and 49,229 shares are held in the name of SVA VIII, as nominee on behalf of Reporting Person. |
(5) | These securities were automatically converted into Common Stock on a 1 to 1.84723 basis upon the closing of the Issuer?s initial public offering. |
(6) | Includes 843,363 shares held by Sierra VIII-A, and 8,222 shares held by Sierra VIII-B. SVA VIII is the general partner of Sierra VIII-A and Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-A and Sierra VIII-B. The reporting person is a managing member of SVA VIII. SVA VIII also holds an additional 39,126 shares as nominee for its members. SVA VIII does not have voting or dispositive power over such shares. The reporting person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein. |
(7) | 5,465 shares are held in the name of SVA VII as nominee on behalf of Reporting Person and 10,929 shares are held in the name of SVA VIII, as nominee on behalf of Reporting Person. |
(8) | These securities were automatically converted into Common Stock on a 1 to 0.61576 basis upon the closing of the Issuer?s initial public offering. |
(9) | Includes 1,263,638 shares held by Sierra Ventures VIII-A and 12,319 shares held by Sierra Ventures VIII-B. SVA VIII is the general partner of Sierra VIII-A and Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-A and Sierra VIII-B. The reporting person is a managing member of SVA VIII. SVA III also holds an additional 94,544 shares as nominee for its members. SVA VIII does not have voting or dispositive power over such shares. The reporting person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein. |
(10) | 10,805 shares are held in the name of SVA VII, as nominee on behalf of Reporting Person and 21,614 shares are held in the name of SVA VIII, as nominee on behalf of Reporting Person. |
(11) | Includes 886,928 shares held by Sierra VIII-A, and 8,646 shares held by Sierra VIII-B. SVA VIII is the general partner of Sierra VIII-A and Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-A and Sierra VIII-B. The reporting person is a managing member of SVA VIII. SVA VIII also holds an additional 106,871 shares as nominee for its members. SVA VIII does not have voting or dispositive power over such shares. The reporting person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein. |
(12) | 7,694 shares are held in the name of SVA VII, as nominee on behalf of Reporting Person and 19,326 shares are held in the name of SVA VIII, as nominee on behalf of Reporting Person. |
(13) | Includes 441,455 shares held by Sierra Ventures VIII-A, and 4,324 shares held by Sierra Ventures VIII-B. SVA VIII is the general partner of Sierra VIII-A and Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-A and Sierra VIII-B. The reporting person is a managing member of SVA VIII. SVA VIII also holds an additional 53,196 shares as nominee for its members. SVA VIII does not have voting or dispositive power over such shares. The reporting person disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein. |
(14) | 3,830 shares are held in the name of SVA VII, as nominee on behalf of Reporting Person and 9,620 shares are held in the name of SVA VIII, as nominee on behalf of Reporting Person. |