BLUESTREAM VENTURES LP 4

Accession 0001181431-10-019951

CIK 0001167294other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 6:47 PM ET

Size

15.1 KB

Accession

0001181431-10-019951

Form 4

Period: 2010-03-31

Director10% Owner

Transactions

Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−165,768→ 0 total(indirect: See Footnote)
Exercise: $0.70From: 2008-09-08Exp: 2013-09-08→ Series E Convertible Preferred Stock (98,099 underlying)
Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−552,560→ 0 total(indirect: See Footnote)
Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (326,996 underlying)
Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+326,996→ 6,202,778 total(indirect: See Footnote)
From: 2010-03-31→ Common Stock
Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+98,099→ 6,300,877 total(indirect: See Footnote)
From: 2010-03-31→ Common Stock

10% Owner

Transactions

Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−552,560→ 0 total(indirect: See Footnote)
Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (326,996 underlying)
Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+98,099→ 6,300,877 total(indirect: See Footnote)
From: 2010-03-31→ Common Stock
Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+326,996→ 6,202,778 total(indirect: See Footnote)
From: 2010-03-31→ Common Stock
Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−165,768→ 0 total(indirect: See Footnote)
Exercise: $0.70From: 2008-09-08Exp: 2013-09-08→ Series E Convertible Preferred Stock (98,099 underlying)

Footnotes (6)

[F1]These securities expire upon the earlier of (i) the consummation of an initial public offering of the securities of Meru Networks, Inc. (the "Company"), (ii) the consummation of the sale of the Company, or (iii) June 10, 2013.
[F2]Represents the net number of shares of Series E Convertible Preferred Stock of the Company issued in a cashless exercise of the Preferred Stock Warrants after the exclusion of shares representing the exercise price.
[F3]These securities are held directly by Bluestream Ventures, L.P. Thomas Erickson is a general partner of Bluestream Ventures, L.P. and may be deemed to beneficially own such shares. Mr. Erickson disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
[F4]These securities expire upon the earlier of (i) the consummation of an initial public offering of the securities of the Company, (ii) the consummation of the sale of the Company, or (iii) September 8, 2013.
[F5]Each outstanding share of the Issuer's Series E Convertible Preferred Stock will automatically convert into approximately 0.08974 shares of the Issuer's Common Stock upon the closing of the initial public offering of the Issuer's Common Stock.
[F6]The Series E Convertible Preferred Stock has no expiration date.

Documents

1 file

MERU NETWORKS INC

CIK 0001167294

Entity typeother