4//SEC Filing
Borderfree, Inc. 4
Accession 0001209191-14-023188
CIK 0001277141operating
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 4:39 PM ET
Size
26.6 KB
Accession
0001209191-14-023188
Insider Transaction Report
Form 4
Borderfree, Inc.BRDR
Spencer George H. III
Director10% Owner
Transactions
- Conversion
Common Stock
2014-03-26+2,763,426→ 2,763,426 total(indirect: By Adams Street V, L.P.) - Conversion
Series A Convertible Preferred Stock
2014-03-26−26,291→ 0 total(indirect: By Adams Street V, L.P.)→ Common Stock (53,781 underlying) - Conversion
Series C Convertible Preferred Stock
2014-03-26−2,088,179→ 0 total(indirect: By Adams Street V, L.P.)→ Common Stock (1,250,406 underlying) - Conversion
Series C Convertible Preferred Stock
2014-03-26−2,088,179→ 0 total(indirect: By BVCF IV, L.P.)→ Common Stock (1,250,406 underlying) - Conversion
Common Stock
2014-03-26+2,763,426→ 2,763,426 total(indirect: By BVCF IV, L.P.) - Conversion
Series D Convertible Preferred Stock
2014-03-26−1,973,509→ 0 total(indirect: By BVCF IV, L.P.)→ Common Stock (1,181,742 underlying) - Conversion
Series E Convertible Preferred Stock
2014-03-26−463,420→ 0 total(indirect: By Adams Street V, L.P.)→ Common Stock (277,497 underlying) - Conversion
Series A Convertible Preferred Stock
2014-03-26−26,291→ 0 total(indirect: By BVCF IV, L.P.)→ Common Stock (53,781 underlying) - Conversion
Series D Convertible Preferred Stock
2014-03-26−1,973,509→ 0 total(indirect: By Adams Street V, L.P.)→ Common Stock (1,181,742 underlying) - Conversion
Series E Convertible Preferred Stock
2014-03-26−463,420→ 0 total(indirect: By BVCF IV, L.P.)→ Common Stock (277,497 underlying)
Footnotes (3)
- [F1]The securities are held directly by Adams Street V, L.P. ("AS V") and BVCF IV, L.P. ("BVCF IV") and indirectly by Adams Street Partners, LLC, as general partner of AS V and BVCF IV. Mr. Spencer is a senior consultant of Adams Street Partners, LLC, and may be deemed to be an indirect beneficial owner of the reported securities. Mr. Spencer disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein. This report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Each share of Series A Convertible Preferred Stock automatically converted to 2.046 shares of Common Stock upon the the closing of the Issuer's initial public offering and has no expiration date.
- [F3]Each share of Series C, Series D and Series E Convertible Preferred Stock automatically converted to 0.599 of a share of Common Stock upon the the closing of the Issuer's initial public offering and has no expiration date.
Documents
Issuer
Borderfree, Inc.
CIK 0001277141
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001277141
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 4:39 PM ET
- Size
- 26.6 KB