Teavana Holdings Inc 4
4 · Teavana Holdings Inc · Filed Aug 4, 2011
Insider Transaction Report
Form 4
SKM EQUITY FUND III L P
10% Owner
Transactions
- Other
Series A Redeemable Participating Preferred Stock
2011-08-02$1.00/sh−10,683,333$10,683,333→ 0 total(indirect: See Footnote) - Sale
Common Stock
2011-08-02$17.00/sh−1,928,201$32,779,417→ 7,077,016 total(indirect: See Footnote) - Conversion
Class B Redeemable Common Stock
2011-08-02−2,431,909→ 0 total(indirect: See Footnote)→ Common Stock (9,005,217 underlying) - Conversion
Common Stock
2011-08-02+9,005,217→ 9,005,217 total(indirect: See Footnote) - Other
Common Stock
2011-08-02−154,544→ 6,922,472 total(indirect: See Footnote)
Footnotes (4)
- [F1]The reported securities were called for redemption by the issuer at a price equal to $1.00 per share.
- [F2]SKM Partners, LLC is the general partner of SKM Equity Fund III, L.P., the managing member of Teavana Investment LLC, and possesses voting and dispositive power over the shares of Series A Redeemable Participating Preferred Stock and common stock held by Teavana Investment LLC. SKM Partners, LLC disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. F. Barron Fletcher III is the person authorized by SKM Partners, LLC to have voting and dispositive power with respect to such shares held by Teavana Investment LLC.
- [F3]Each share of Class B common stock was converted into common stock on a one-for-3.70294176910785 basis and had no expiration date.
- [F4]Represents an in-kind distribution of 154,544 shares of common stock on behalf of its members.