4//SEC Filing
zulily, inc. 4
Accession 0001209191-14-069730
CIK 0001478484operating
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 5:43 PM ET
Size
24.1 KB
Accession
0001209191-14-069730
Insider Transaction Report
Form 4
POTTER MICHAEL J
Director
Transactions
- Sale
Class A Common Stock
2014-11-14$28.50/sh−7,544$215,004→ 0 total - Conversion
Class A Common Stock
2014-11-18+17,456→ 17,456 total - Sale
Class A Common Stock
2014-11-18$28.47/sh−17,456$496,979→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2014-11-14−7,544→ 173,706 totalExercise: $0.31Exp: 2021-03-20→ Class B Common Stock (7,544 underlying) - Exercise/Conversion
Class B Common Stock
2014-11-14+7,544→ 7,544 total→ Class A Common Stock (7,544 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2014-11-18−17,456→ 156,250 totalExercise: $0.31Exp: 2021-03-20→ Class B Common Stock (17,456 underlying) - Conversion
Class B Common Stock
2014-11-18−17,456→ 0 total→ Class A Common Stock (17,456 underlying) - Conversion
Class A Common Stock
2014-11-14+7,544→ 7,544 total - Conversion
Class B Common Stock
2014-11-14−7,544→ 0 total→ Class A Common Stock (7,544 underlying) - Exercise/Conversion
Class B Common Stock
2014-11-18+17,456→ 17,456 total→ Class A Common Stock (17,456 underlying)
Footnotes (5)
- [F1]Each share of Class B Common Stock was convertible at any time at the option of the holder into one share of Class A Common Stock.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.45 to $28.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.
- [F3]The shares subject to this option shall vest in equal monthly installments, at a rate of 1/48th of the total number of shares on the one-month anniversary of the vesting commencement date and 1/48th of the total number of shares on each monthly anniversary of the vesting commencement date thereafter for so long as the recipient of the option provides continuous service to the Issurer, such that the total number of shares shall be fully vested on the four-year anniversary of the vesting commencement date.
- [F4]Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value and whether voluntary or involuntary or by operation of law, except for certain transfers described in the Issuer's Amended and Restated Certificate of Incorporation, including, without limitation, certain transfers for tax and estate planning purposes.
- [F5]Not applicable.
Documents
Issuer
zulily, inc.
CIK 0001478484
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001478484
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 5:43 PM ET
- Size
- 24.1 KB