4//SEC Filing
BANKRATE INC 4
Accession 0001209191-09-045818
CIK 0001080866operating
Filed
Sep 24, 8:00 PM ET
Accepted
Sep 25, 5:01 PM ET
Size
25.5 KB
Accession
0001209191-09-045818
Insider Transaction Report
Form 4
BANKRATE INCRATE
Apax Europe VII-1, L.P.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote) - Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total
BEN Merger Sub, Inc.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total - Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote)
Apax US VII, L.P.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total - Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote)
Apax Europe VII-A, L.P.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote) - Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total
Apax Europe VII-B, L.P.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total - Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote)
Apax Europe VII GP Co. Ltd
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total - Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote)
Apax Europe VII GP L.P. Inc.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote) - Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total
APAX PARTNERS EUROPE MANAGERS LTD
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote) - Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total
Apax Guernsey (Holdco) Ltd
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total - Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote)
Apax US VII GP, Ltd.
10% Owner
Transactions
- Other
Common Stock, par value $0.01 per share
2009-09-25+1,333,334→ 62,824,501 total - Other
Common Stock, par value $0.01 per share
2009-09-25−1,333,334→ 2,929,768 total(indirect: See Footnote)
Footnotes (5)
- [F1]On September 25, 2009, Ben Holdings, Inc. ("Parent"), the parent of BEN Merger Sub, Inc. ("Purchaser"), acquired 1,333,334 shares of the Issuer's common stock from a shareholder of the Issuer who had entered into a Non-Tender and Support Agreement (described in Note 5), in exchange for 22,800.0114 Class A Shares of Parent and a promissory note.
- [F2]Purchaser is a wholly owned subsidiary of Parent. All of the outstanding common stock of Parent is owned by Ben Holding S.a r.l., which is owned by Apax US VII, L.P. (holding 7%) and Apax WW Nominees Ltd. (holding 93% as a nominee for Apax Europe VII-A, L.P., Apax Europe VII-B, L.P. and Apax Europe VII-1, L.P.). (Continued in footnote 3)
- [F3]Apax Europe VII GP L.P. Inc. is the general partner of each of Apax Europe VII A, L.P., Apax Europe VII B, L.P. and Apax Europe VII 1, L.P. Apax Europe VII GP Co. Limited is the general partner of Apax Europe VII GP L.P. Inc. Apax Partners Europe Managers Ltd has been appointed by Apax Europe VII GP L.P. Inc. as discretionary investment manager of the investments of Apax Europe VII-A, L.P., Apax Europe VII-B, L.P. and Apax Europe VII-1, L.P. Apax Guernsey (Holdco) Limited is the general partner of Apax Europe VII GP Co. Limited. (Continued in footnote 4)
- [F4]Apax US VII GP, L.P. is the general partner of Apax US VII, L.P. Apax US VII GP, Ltd. is the general partner of Apax US VII GP, L.P. John F. Megrue owns 100% of the equity interests of Apax US VII GP, Ltd. The Reporting Persons disclaim beneficial ownership of the securities reported on this statement except to the extent of their respective pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, any of the Reporting Persons is the beneficial owner of all such shares of common stock covered by this statement.
- [F5]Purchaser, Parent and certain shareholders of the Issuer (the "Shareholders") entered into Non-Tender and Support Agreements, dated July 22, 2009, pursuant to which the Shareholders agreed, among other things, to appoint BEN Holdings, Inc. proxy and attorney-in-fact to vote all of their securities of the Issuer subject to the Non-Tender and Support Agreements for the approval and adoption of the Merger Agreement and the transactions contemplated thereby, and against other actions which could reasonably be expected to impede, delay or adversely affect the Merger, subject to the terms and conditions of the Non-Tender and Support Agreements. Neither Parent nor Purchaser has any pecuniary interest in the shares held by the Shareholders and each expressly disclaims beneficial ownership of any shares covered by the Non-Tender and Support Agreements.
Documents
Issuer
BANKRATE INC
CIK 0001080866
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001080866
Filing Metadata
- Form type
- 4
- Filed
- Sep 24, 8:00 PM ET
- Accepted
- Sep 25, 5:01 PM ET
- Size
- 25.5 KB