HARMAN FREDERIC W 4
4 · U.S. Auto Parts Network, Inc. · Filed Mar 28, 2013
Insider Transaction Report
Form 4
HARMAN FREDERIC W
Director10% Owner
Transactions
- Purchase
Series A Convertible Preferred Stock
2013-03-25+1,379,310→ 1,379,310 total(indirect: See Note)Exercise: $1.45→ Common Stock (1,379,310 underlying)
Footnotes (5)
- [F1]The reported securities represent shares directly owned by Oak Investment Partners XI, Limited Partnership ("Oak XI, LP"). The Series A Convertible Preferred Stock was purchased by Oak XI, LP on March 25, 2013 for an aggregate purchase price of $1,999,999.50.
- [F2]The initial conversion price is $1.45 per share (which may be adjusted from time to time for any stock split, stock combination or other similar transaction of the Series A Convertible Preferred Stock).
- [F3]The Series A Convertible Preferred Stock is immediately convertible into Common Stock of the Issuer at the option of Oak XI, LP. In addition, the Series A Convertible Preferred Stock will automatically convert into shares of Common Stock of the Issuer in other instances.
- [F4]The Series A Convertible Preferred Stock does not have an expiration date.
- [F5]The reported securities are directly held by Oak XI, LP. Oak Associates XI, L.L.C., as the general partner of Oak XI, LP, may be deemed to beneficially own the reported securities.