4//SEC Filing
NEOCARTA SCOUT FUND LLC 4
Accession 0001181431-10-021037
CIK 0001167294other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 8:14 PM ET
Size
31.7 KB
Accession
0001181431-10-021037
Insider Transaction Report
Form 4
Newman Barry A.
Director10% Owner
Transactions
- Award
Common Stock
2010-04-06+3,500→ 3,500 total - Conversion
Common Stock
2010-04-06+298,863→ 572,793 total(indirect: See footnote) - Award
Employee Stock Option (right to buy)
2010-04-06+10,000→ 10,000 totalExercise: $18.75Exp: 2020-04-06→ Common Stock (10,000 underlying) - Conversion
Common Stock
2010-04-06+272,116→ 273,930 total(indirect: See footnote) - Conversion
Series A-1 Convertible Preferred Stock
2010-04-06−1,543,360→ 0 total(indirect: See footnote)→ Common Stock (272,116 underlying) - Conversion
Common Stock
2010-04-06+616,683→ 1,651,659 total(indirect: See footnote) - Conversion
Series B Convertible Preferred Stock
2010-04-06−3,660,154→ 0 total(indirect: See footnote)→ Common Stock (298,863 underlying) - Conversion
Common Stock
2010-04-06+152,322→ 1,034,976 total(indirect: See footnote) - Conversion
Series D Convertible Preferred Stock
2010-04-06−1,336,280→ 0 total(indirect: See footnote)→ Common Stock (152,322 underlying) - Conversion
Common Stock
2010-04-06+309,861→ 882,654 total(indirect: See footnote) - Conversion
Series C Convertible Preferred Stock
2010-04-06−3,105,839→ 0 total(indirect: See footnote)→ Common Stock (309,861 underlying) - Conversion
Series E Convertible Preferred Stock
2010-04-06−6,391,401→ 0 total(indirect: See footnote)→ Common Stock (616,683 underlying)
NeoCarta Ventures, LP
10% Owner
Transactions
- Conversion
Common Stock
2010-04-06+298,863→ 572,793 total(indirect: See footnote) - Conversion
Common Stock
2010-04-06+152,322→ 1,034,976 total(indirect: See footnote) - Award
Employee Stock Option (right to buy)
2010-04-06+10,000→ 10,000 totalExercise: $18.75Exp: 2020-04-06→ Common Stock (10,000 underlying) - Conversion
Series C Convertible Preferred Stock
2010-04-06−3,105,839→ 0 total(indirect: See footnote)→ Common Stock (309,861 underlying) - Conversion
Common Stock
2010-04-06+272,116→ 273,930 total(indirect: See footnote) - Award
Common Stock
2010-04-06+3,500→ 3,500 total - Conversion
Series B Convertible Preferred Stock
2010-04-06−3,660,154→ 0 total(indirect: See footnote)→ Common Stock (298,863 underlying) - Conversion
Series D Convertible Preferred Stock
2010-04-06−1,336,280→ 0 total(indirect: See footnote)→ Common Stock (152,322 underlying) - Conversion
Common Stock
2010-04-06+309,861→ 882,654 total(indirect: See footnote) - Conversion
Common Stock
2010-04-06+616,683→ 1,651,659 total(indirect: See footnote) - Conversion
Series A-1 Convertible Preferred Stock
2010-04-06−1,543,360→ 0 total(indirect: See footnote)→ Common Stock (272,116 underlying) - Conversion
Series E Convertible Preferred Stock
2010-04-06−6,391,401→ 0 total(indirect: See footnote)→ Common Stock (616,683 underlying)
NEOCARTA SCOUT FUND LLC
10% Owner
Transactions
- Conversion
Series B Convertible Preferred Stock
2010-04-06−3,660,154→ 0 total(indirect: See footnote)→ Common Stock (298,863 underlying) - Conversion
Series D Convertible Preferred Stock
2010-04-06−1,336,280→ 0 total(indirect: See footnote)→ Common Stock (152,322 underlying) - Conversion
Common Stock
2010-04-06+152,322→ 1,034,976 total(indirect: See footnote) - Conversion
Common Stock
2010-04-06+616,683→ 1,651,659 total(indirect: See footnote) - Award
Common Stock
2010-04-06+3,500→ 3,500 total - Award
Employee Stock Option (right to buy)
2010-04-06+10,000→ 10,000 totalExercise: $18.75Exp: 2020-04-06→ Common Stock (10,000 underlying) - Conversion
Series A-1 Convertible Preferred Stock
2010-04-06−1,543,360→ 0 total(indirect: See footnote)→ Common Stock (272,116 underlying) - Conversion
Series C Convertible Preferred Stock
2010-04-06−3,105,839→ 0 total(indirect: See footnote)→ Common Stock (309,861 underlying) - Conversion
Common Stock
2010-04-06+272,116→ 273,930 total(indirect: See footnote) - Conversion
Common Stock
2010-04-06+298,863→ 572,793 total(indirect: See footnote) - Conversion
Common Stock
2010-04-06+309,861→ 882,654 total(indirect: See footnote) - Conversion
Series E Convertible Preferred Stock
2010-04-06−6,391,401→ 0 total(indirect: See footnote)→ Common Stock (616,683 underlying)
Footnotes (8)
- [F1]Includes 1,389,032 shares of Series A-1 Convertible Preferred Stock of Meru Networks, Inc. (the "Company") held directly by NeoCarta Ventures, L.P. Includes 154,328 shares of Series A-1 Convertible Preferred Stock of the Company held directly by NeoCarta Scout Fund, L.L.C. Each outstanding share of the Company's Series A-1 Convertible Preferred Stock automatically converted into approximately 0.17632 shares of the Company's Common Stock upon the closing of the initial public offering of the Company's Common Stock.
- [F2]Includes 1,634 shares of the Company's Common Stock held directly by NeoCarta Ventures, L.P. Includes 180 shares of the Company's Common Stock held directly by NeoCarta Scout Fund, L.L.C.
- [F3]Shares held directly by NeoCarta Ventures, L.P. and NeoCarta Scout Fund, L.L.C. Barry A. 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.
- [F4]Includes 3,294,138 shares of the Company's Series B Convertible Preferred Stock held directly by NeoCarta Ventures, L.P. Includes 366,016 shares of the Company's Series B Convertible Preferred Stock held directly by NeoCarta Scout Fund, L.L.C. Each outstanding share of the Company's Series B Convertible Preferred Stock automatically converted into approximately 0.08165 shares of the Company's Common Stock upon the closing of the initial public offering of the Company's Common Stock.
- [F5]Includes 2,795,255 shares of the Company's Series C Convertible Preferred Stock held directly by NeoCarta Ventures, L.P. Includes 310,584 shares of the Company's Series C Convertible Preferred Stock held directly by NeoCarta Scout Fund, L.L.C. Each outstanding share of the Company's Series C Convertible Preferred Stock automatically converted into approximately 0.09977 shares of the Company's Common Stock upon the closing of the initial public offering of the Company's Common Stock.
- [F6]Includes 1,202,652 shares of the Company's Series D Convertible Preferred Stock held directly by NeoCarta Ventures, L.P. Includes 133,628 shares of the Company's Series D Convertible Preferred Stock held directly by NeoCarta Scout Fund, L.L.C. Each outstanding share of the Company's Series D Convertible Preferred Stock automatically converted into approximately 0.11399 shares of the Company's Common Stock upon the closing of the initial public offering of the Company's Common Stock.
- [F7]Includes 5,752,264 shares of the Company's Series E Convertible Preferred Stock held directly by NeoCarta Ventures, L.P. Includes 639,137 shares of the Company's Series E Convertible Preferred Stock held directly by NeoCarta Scout Fund, L.L.C. Each outstanding share of the Company's Series E Convertible Preferred Stock automatically converted into approximately 0.08974 shares of the Company's Common Stock upon the closing of the initial public offering of the Company's Common Stock.
- [F8]The option vests in equal monthly installments beginning on April 6, 2010. Upon a change-of-control of the Company, the option will vest in full.
Documents
Issuer
MERU NETWORKS INC
CIK 0001167294
Entity typeother
Related Parties
1- filerCIK 0001104324
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 8:14 PM ET
- Size
- 31.7 KB