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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 | ||||||||
Stock Option | $ 8.5 | 06/08/2009 | M | 20,000 | (5) | 07/14/2009 | Common Stock | 20,000 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
YANG GEOFFREY Y 3000 SAND HILL ROAD SUITE 2-290 MENLO PARK, CA 94025 |
X |
/s/ Geoffrey Y. Yang | 06/09/2009 | |
**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) | The shares were sold as follows: 56,819 shares sold by IVP Founders Fund I, L.P. ("IVP FF"), 81,544 shares by Redpoint Ventures II, L.P. ("RV II") and 2,271 shares by Redpoint Associates II, LLC ("RA II"). The remaining shares are held as follows: 31,746 shares by Institutional Venture Management VII, L.P. ("IVM VII"); and 1,509,993 shares by Institutional Venture Partners VII, L.P. ("IVP VII"). The shares held by IVP VII reflect a pro rata distribution of shares by IVP VII as referenced in footnote 3 below. The Reporting Person is a General Partner of IVM VII and Institutional Venture Management VI, L.P. ("IVM VI"). IVM VI serves as the sole general partner of IVP FF and IVM VII serves as the sole general partner of IVP VII. The Reporting Person is also a Managing Director of Redpoint Ventures II, LLC, which serves as the sole manager and general partner of RA II and RV II, respectively. The Reporting Person disclaims beneficial ownership of the shares held by IVP FF, IVM VII, IVP VII, RA II and RV II except to the extent of his proportionate pecuniary interest therein. |
(2) | Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $10.48 to $11.02 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
(3) | Includes 1,232 shares received by the Reporting Person in a pro rata distribution by IVM VII to its partners, which shares were received by IVM VII in a pro rata distribution of shares by IVP VII; such shares were reported as indirectly beneficially owned through IVP VII in the Reporting Person's prior Section 16 reports. |
(4) | Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $10.81 to $10.86 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
(5) | The option vested over a two-year period at a rate of 1/24th per month and became fully exercisable on July 14, 2001. |