4//SEC Filing
BUINEVICIUS ARIS ANTANAS 4
Accession 0001209191-13-029376
CIK 0001169652other
Filed
May 28, 8:00 PM ET
Accepted
May 29, 5:13 PM ET
Size
21.6 KB
Accession
0001209191-13-029376
Insider Transaction Report
Form 4
BUINEVICIUS ARIS ANTANAS
DirectorChief Technology Officer
Transactions
- Conversion
Series B-1 Preferred Stock
2013-05-29−335,959→ 0 total→ Common Stock (20,997 underlying) - Exercise of In-Money
Series C Preferred Stock
2013-05-29$0.69/sh+72,992$50,000→ 1,344,324 total→ Common Stock (4,562 underlying) - Exercise of In-Money
Warrant to Purchase Series C Preferred Stock (right to buy)
2013-05-29−72,992→ 0 totalExercise: $0.69From: 2008-05-30→ Series C Preferred Stock (72,992 underlying) - Conversion
Series C Preferred Stock
2013-05-29−1,287,181→ 0 total→ Common Stock (80,448 underlying) - Conversion
Series A Preferred Stock
2013-05-29−15,400,559→ 0 total→ Common Stock (962,534 underlying) - Conversion
Series B Preferred Stock
2013-05-29−1,806,277→ 0 total→ Common Stock (112,892 underlying) - Conversion
Common Stock
2013-05-29+1,176,871→ 1,231,558 total - Sale
Series C Preferred Stock
2013-05-29$0.88/sh−57,143$50,000→ 1,287,181 total→ Common Stock (3,571 underlying)
Footnotes (5)
- [F1]The total represents shares received upon conversion of shares of Series A, Series B, Series B-1 and Series C convertible preferred stock.
- [F2]Each share of convertible preferred stock was convertible, at any time, at the holder's election, into the issuer's common stock on a 1-for-16 basis. Effective immediately prior to the closing of the issuer's initial public offering of its common stock, each share of convertible preferred stock automatically converted into one-sixteenth of one share of common stock. The convertible preferred stock had no expiration date.
- [F3]The number of underlying shares of common stock reported reflects a 1-for-16 reverse stock split of the issuer's common stock effected on May 9, 2013.
- [F4]This warrant expires upon an initial public offering of the issuer's securities.
- [F5]On May 29, 2013, the reporting person exercised a warrant to purchase 72,992 shares of the issuer's Series C convertible preferred stock for $0.685 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer's withholding of 57,143 of the Series C convertible preferred shares to pay the exercise price and issuing to the reporting person the remaining 15,849 shares of Series C convertible preferred stock.
Documents
Issuer
CHANNELADVISOR CORP
CIK 0001169652
Entity typeother
Related Parties
1- filerCIK 0001056377
Filing Metadata
- Form type
- 4
- Filed
- May 28, 8:00 PM ET
- Accepted
- May 29, 5:13 PM ET
- Size
- 21.6 KB