Savano-EverQuote LLC 4
4 · EverQuote, Inc. · Filed Jul 5, 2018
Insider Transaction Report
Form 4
EverQuote, Inc.EVER
SAVANO CAPITAL PARTNERS II, L.P.
10% Owner
Transactions
- Conversion
Series B Preferred Stock
2018-07-02−23,525→ 0 total(indirect: See footnote)→ Class B Common Stock (188,200 underlying) - Conversion
Class B Common Stock
2018-07-02+188,200→ 257,144 total(indirect: See footnote)→ Class A Common Stock (188,200 underlying) - Conversion
Series B Preferred Stock
2018-07-02−109,224→ 0 total(indirect: See footnote)→ Class B Common Stock (873,792 underlying) - Conversion
Class B Common Stock
2018-07-02+873,792→ 1,011,696 total(indirect: See footnote)→ Class A Common Stock (873,792 underlying)
Footnotes (4)
- [F1]The Series B Preferred Stock converted into Class B Common Stock on a one-for-eight basis automatically upon the closing of the issuer's initial public offering of its Class A Common Stock without payment of consideration. The Series B Preferred Stock was convertible at any time at the holder's election and automatically upon the closing of the issuer's initial public offering of its Class A Common Stock. The shares had no expiration date.
- [F2]The Class B Common Stock is convertible into the issuer's Class A Common Stock on a one-for-one basis upon certain transfers of such share and at the holder's election and has no expiration date.
- [F3]The reported shares are directly owned by Savano Capital Partners II, L.P. Thomas Smith and Gustav H. Koven are the members of the board of managers of Savano Partners Flow-Through II, LLC, which is the managing member of Savano Direct GP II, LLC, which is the general partner of Savano Capital Partners II, L.P. As a result of holding these positions, Thomas Smith, Bion Ludwig and Gustav H. Koven may be deemed to hold voting and dispositive power with respect to the shares held by Savano Capital Partners II, L.P. Each such persons disclaims beneficial ownership of the shares, except to the extent of their pecuniary interest therein.
- [F4]The reported shares are directly owned by Savano-EverQuote LLC. Thomas Smith, Bion Ludwig and Gustav H. Koven are managing members of Savano-SPV Manager LLC, which is the managing member of Savano-EverQuote LLC. As a result of holding these positions, Thomas Smith, Bion Ludwig and Gustav H. Koven may be deemed to hold voting and dispositive power with respect to the shares held by Savano-EverQuote LLC. Each such persons disclaims beneficial ownership of the shares, except to the extent of their pecuniary interest therein.