4//SEC Filing
LIFELOCK, INC. 4
Accession 0001181431-14-031166
CIK 0001383871operating
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 7:30 PM ET
Size
12.0 KB
Accession
0001181431-14-031166
Insider Transaction Report
Form 4
LIFELOCK, INC.LOCK
COWAN DAVID J/CA
Director
Transactions
- Sale
Common Stock
2014-09-02−0→ 334,415 total - Exercise of In-Money
Common Stock Warrant (Right to Buy)
2014-09-02−0→ 0 total(indirect: See Footnote)Exercise: $4.50From: 2007-12-19→ Common Stock (0 underlying) - Exercise of In-Money
Common Stock
2014-09-02+0→ 334,415 total
Footnotes (6)
- [F1]On September 2, 2014, Bessemer Venture Partners VI L.P. ("BVP VI"), Bessemer Venture Partners Co-Investment L.P. ("BVP Co") and Bessemer Venture Partners VI Institutional L.P. ("BVP VI Inst" and, collectively with BVP VI and BVP VI Co, the "Funds") exercised warrants to purchase shares of common stock (the "Shares") from the Issuer at a price of $4.50 per share (the "Common Stock Warrants"). Upon exercise, BVP VI, BVP Co and BVP VI Inst acquired 61,562, 20,729 and 1,042 Shares respectively. After the exercise, BVP VI held 7,838,469 Shares, BVP Co held 2,537,519 Shares, and BVP VI Inst held 86,586 Shares.
- [F2]Mr. Cowan is an executive manager and a member of Deer VI & Co. LLC ("Deer VI"), the general partner of each of the Funds (as defined below). Mr. Cowan disclaims beneficial ownership of the securities and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in Deer VI and his indirect limited partnership interest in BVP Co.
- [F3]Represents 26,250 Shares held personally, 76,945 Shares held by the Cowan Family Trust UDT dated 10-17-02 (the "Cowan Family Trust") and 231,220 Shares held by David Cowan Partners II, a DE Multiple Series Limited Partnership (Series A) ("Cowan Partners"). Mr. Cowan and his spouse are the trustees of the Cowan Family Trust and the general partners of Cowan Partners. Mr. Cowan disclaims beneficial ownership of the securities held by the Cowan Family Trust and Cowan Partners, and this report shall not be deemed an admission that he is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, therein.
- [F4]On September 2, 2014, BVP VI sold 62,439 Shares, BVP Co sold 20,207 Shares, and BVP VI Inst sold 687 Shares at a weighted average price sale of $14.785. As result of the reported transactions, BVP VI now holds 7,776,030 Shares, BVP Co holds 2,517,312 Shares, and BVP VI Inst holds 85,899 Shares.
- [F5]BVP VI held a Common Stock Warrant to purchase 61,562 Shares. BVP Co-Investment held a Common Stock Warrant to purchase 20,729 Shares. BVP Institutional held a Common Stock Warrant to purchase 1,042 Shares.
- [F6]The earlier of (a) December 19, 2014, or (b) the sale, conveyance or disposal of all or substantially all of the Issuer's property or business or the Issuer's merger with or into or consolidation with any other corporation (other than a wholly owned subsidiary of the Issuer) or any other transaction or series of related transactions in which more than 50% of the voting power of the Issuer is disposed of, provided that the consideration received by the Funds is entirely in the form of cash and provided further that the foregoing shall not apply to a merger effected exclusively for the purpose of changing the domicile of the Issuer or to any equity financing in which the Issuer is the surviving corporation.
Documents
Issuer
LIFELOCK, INC.
CIK 0001383871
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001383871
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 7:30 PM ET
- Size
- 12.0 KB