4//SEC Filing
CONNECTURE INC 4
Accession 0000899243-17-007522
CIK 0001211759operating
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 9:01 PM ET
Size
7.6 KB
Accession
0000899243-17-007522
Insider Transaction Report
Form 4
CONNECTURE INCCNXR
Perlman Ezra
Director
Transactions
- Purchase
Series B Convertible Preferred Stock
2017-03-10$1000.00/sh+16,500$16,500,000→ 16,500 total(indirect: See Footnotes)→ Common Stock (8,638,743 underlying)
Footnotes (4)
- [F1]The number of shares of common stock of Connecture, Inc. (the "Issuer"), having par value of $0.001 per share (the "Common Stock"), deliverable upon conversion of each share of Series B Convertible Preferred Stock, par value $0.001 per share (the "Series B Preferred Stock"), is equal to approximately 523.56 shares, subject to customary adjustments. The Series B Preferred Stock is convertible at any time and has no expiration date. The Issuer may mandatorily convert the Series B Preferred Stock into Common Stock after March 10, 2019, if certain conditions are met.
- [F2]These securities are directly held by Francisco Partners IV, L.P. ("FP IV") and Francisco Partners IV-A, L.P. ("FP IV-A"). As of the date of this filing, FP IV holds 10,991 shares of Series B Preferred Stock of the Issuer and FP IV-A holds 5,509 shares of Series B Preferred Stock.
- [F3]The general partner of both FP IV and FP IV-A is Francisco Partners GP IV, L.P. ("FP GP"). The general partner of FP GP is Francisco Partners GP IV Management Limited ("FP GP Management"). The Directors of FP GP Management are Mr. Dipanjan Deb and Mr. Tom Ludwig and the Investment Committee of FP GP Management consists of Mr. Deb, Mr. David Golob, Mr. Ezra Perlman, and Mr. Keith Geeslin.
- [F4]Mr. Perlman, an officer of an affiliate of Francisco Partners Management, L.P. ("Francisco Partners"), is a member of the board of directors of the Issuer. FP IV, FP IV-A, FP GP and FP GP Management are affiliates of Francisco Partners and have each filed a separate Form 4 reporting the acquisition of securities of the Issuer that each may be deemed to beneficially own. Mr. Perlman disclaims beneficial ownership of any securities of the Issuer that may be deemed to be beneficially owned by affiliates of Francisco Partners, including FP IV, FP IV-A, FP GP and FP GP Management, except to the extent of his pecuniary interest therein.
Documents
Issuer
CONNECTURE INC
CIK 0001211759
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001211759
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 9:01 PM ET
- Size
- 7.6 KB