XOOM Corp 4
4 · XOOM Corp · Filed Nov 16, 2015
Insider Transaction Report
Form 4
XOOM CorpXOOM
SC XI MANAGEMENT LLC
10% Owner
Transactions
- Disposition to Issuer
Common Stock
2015-11-12$25.00/sh−159,807$3,995,175→ 0 total(indirect: By Sequoia Technology Partners XI, LP) - Disposition to Issuer
Common Stock
2015-11-12$25.00/sh−5,036,306$125,907,650→ 0 total(indirect: By Sequoia Capital XI, LP) - Disposition to Issuer
Common Stock
2015-11-12$25.00/sh−545,439$13,635,975→ 0 total(indirect: By LLC)
Footnotes (2)
- [F1]Disposed of pursuant to a merger agreement between the Issuer, PayPal, Inc., Timer Acquisition Corp., and PayPal Holdings, Inc., dated July 1, 2015 (the "Merger Agreement") in exchange for a cash payment of $25.00 per share, without interest.
- [F2]SC XI Management, LLC ("SC XI Management") is the general partner of Sequoia Capital XI, L.P. and Sequoia Technology Partners XI, L.P. and is the managing member of Sequoia Capital XI Principals Fund, LLC. As a result, SC XI Management may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital XI, L.P., Sequoia Technology Partners XI, L.P. and Sequoia Capital XI Principals Fund, LLC. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.