KIMBALL RICK 4
4 · GoDaddy Inc. · Filed Sep 12, 2017
Insider Transaction Report
Form 4
GoDaddy Inc.GDDY
KIMBALL RICK
Director10% OwnerOther
Transactions
- Sale
Class A Common Stock
2017-09-08$43.71/sh−883,712$38,627,052→ 2,413,995 total(indirect: TCV VII (A), L.P.) - Conversion
Units of Desert Newco, LLC
2017-09-08−14,746→ 40,281 total(indirect: TCV Member Fund, L.P.)→ Class A Common Stock (14,746 underlying) - Sale
Class A Common Stock
2017-09-08$43.71/sh−1,701,660$74,379,559→ 0 total(indirect: TCV VII, L.P.) - Sale
Class A Common Stock
2017-09-08$43.71/sh−14,746$644,548→ 0 total(indirect: TCV Member Fund, L.P.) - Conversion
Class A Common Stock
2017-09-08+14,746→ 14,746 total(indirect: TCV Member Fund, L.P.) - Conversion
Units of Desert Newco, LLC
2017-09-08−1,701,660→ 4,648,346 total(indirect: TCV VII, L.P.)→ Class A Common Stock (1,701,660 underlying) - Conversion
Class A Common Stock
2017-09-08+1,701,660→ 1,701,660 total(indirect: TCV VII, L.P.)
Footnotes (6)
- [F1]Pursuant to the terms of an exchange agreement, "Units of Desert Newco, LLC", which represent limited liability company units of Desert Newco, LLC, and an equal number of shares of Class B Common Stock of GoDaddy Inc. (the "Issuer"), were exchanged on a one-for-one basis for shares of Class A Common Stock of the Issuer.
- [F2]These securities are directly held by TCV VII, L.P. Richard H. Kimball and eight other individuals (collectively, the "TCM VII Directors") are Class A Directors of Technology Crossover Management VII, Ltd. ("Management VII") and limited partners of Technology Crossover Management VII, L.P. ("TCM VII"). Management VII is the general partner of TCM VII, which is the general partner of TCV VII, L.P. Richard H. Kimball may be deemed to beneficially own the securities held by TCV VII, L.P. but disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F3]The proceeds per share, before expenses, to the selling stockholders of the secondary public offering is $43.71, equal to $44.00 per share, the public offering price per share of Class A Common Stock, less an amount equal to the underwriting discount of $0.29 per share.
- [F4]These securities are directly held by TCV VII (A), L.P. The TCM VII Directors are Class A Directors of Management VII and limited partners of TCM VII. Management VII is the general partner of TCM VII, which is the general partner of TCV VII (A), L.P. Richard H. Kimball may be deemed to beneficially own the securities held by TCV VII (A), L.P. but disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F5]These securities are directly held by TCV Member Fund, L.P. ("TCV MF"). The TCM VII Directors are Class A Directors of Management VII, which is a general partner of TCV MF, and limited partners of TCV MF. Richard H. Kimball may be deemed to beneficially own the securities held by TCV MF but disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F6]Pursuant to an exchange agreement, Units of Desert Newco, LLC are exchangeable on a one-on-one basis for shares of Class A Common Stock at the discretion of the holder. The exchange rights under this exchange agreement do not expire.