4//SEC Filing
NEOCARTA SCOUT FUND LLC 4
Accession 0001181431-10-019952
CIK 0001167294other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 6:49 PM ET
Size
25.8 KB
Accession
0001181431-10-019952
Insider Transaction Report
Form 4
Newman Barry A.
Director10% Owner
Transactions
- Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−168,542→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-09-09Exp: 2013-09-09→ Series E Convertible Preferred Stock (99,740 underlying) - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−18,726→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-09-09Exp: 2013-09-09→ Series E Convertible Preferred Stock (11,081 underlying) - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+332,470→ 6,771,893 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+36,941→ 6,428,342 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−62,423→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (36,941 underlying) - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−561,809→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (332,470 underlying) - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+11,081→ 6,439,423 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+99,740→ 6,871,633 total(indirect: See Footnote)From: 2010-03-31→ Common Stock
NEOCARTA SCOUT FUND LLC
10% Owner
Transactions
- Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+36,941→ 6,428,342 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−561,809→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (332,470 underlying) - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−18,726→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-09-09Exp: 2013-09-09→ Series E Convertible Preferred Stock (11,081 underlying) - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−62,423→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (36,941 underlying) - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−168,542→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-09-09Exp: 2013-09-09→ Series E Convertible Preferred Stock (99,740 underlying) - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+11,081→ 6,439,423 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+99,740→ 6,871,633 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+332,470→ 6,771,893 total(indirect: See Footnote)From: 2010-03-31→ Common Stock
NeoCarta Ventures, LP
10% Owner
Transactions
- Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−168,542→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-09-09Exp: 2013-09-09→ Series E Convertible Preferred Stock (99,740 underlying) - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+99,740→ 6,871,633 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−18,726→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-09-09Exp: 2013-09-09→ Series E Convertible Preferred Stock (11,081 underlying) - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+11,081→ 6,439,423 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−62,423→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (36,941 underlying) - Exercise of In-Money
Preferred Stock Warrants (right to buy)
2010-03-31−561,809→ 0 total(indirect: See Footnote)Exercise: $0.70From: 2008-06-10Exp: 2013-06-10→ Series E Convertible Preferred Stock (332,470 underlying) - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+36,941→ 6,428,342 total(indirect: See Footnote)From: 2010-03-31→ Common Stock - Exercise of In-Money
Series E Convertible Preferred Stock
2010-03-31+332,470→ 6,771,893 total(indirect: See Footnote)From: 2010-03-31→ Common Stock
Footnotes (7)
- [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]Represents warrants held directly by NeoCarta Ventures, L.P. Barry A. Newman is a managing director of the funds and may be deemed to beneficially own such shares. Mr. Newman 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 Meru Networks, Inc., (ii) the consummation of the sale of the Company, or (iii) September 9, 2013.
- [F5]Represents warrants held directly by NeoCarta Scout Fund, L.L.C. Mr. Newman is a managing director of these funds and may be deemed to beneficially own such shares. Mr. Newman disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F6]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.
- [F7]The Series E Convertible Preferred Stock has no expiration date.
Documents
Issuer
MERU NETWORKS INC
CIK 0001167294
Entity typeother
Related Parties
1- filerCIK 0001104324
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 6:49 PM ET
- Size
- 25.8 KB