MERCADOLIBRE INC 4
4 · MERCADOLIBRE INC · Filed Dec 3, 2014
Insider Transaction Report
Form 4
MERCADOLIBRE INCMELI
Osvaldo Gimenez
SVP - Payments
Transactions
- Gift
Common Stock
2014-12-02−12,000→ 13,594 total
Footnotes (1)
- [F1]In connection with an estate planning transaction, the Reporting Person gifted 12,000 shares (the "Shares") of common stock ("Common Stock") of MercadoLibre, Inc. ("MercadoLibre") to The Sequoia Trust (the "Trust") on December 2, 2014. The Trust is an irrevocable discretionary trust under the laws of England and Wales formed by the Reporting Person that was established for the benefit of the Reporting Person's children and remoter descendants. Merrill Lynch Corporate (New Zealand) Limited acts as the independent trustee of the Trust. Because of the foregoing, the Reporting Person is no longer deemed to beneficially own the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.