4//SEC Filing
BRIGHTCOVE INC 4
Accession 0001209191-16-141297
CIK 0001313275operating
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 7:21 PM ET
Size
9.3 KB
Accession
0001209191-16-141297
Insider Transaction Report
Form 4
BRIGHTCOVE INCBCOV
Kapoor Chet
Director
Transactions
- Sale
Common Stock
2016-09-09$12.29/sh−1,712$21,035→ 396,294 total(indirect: See Footnote) - Sale
Common Stock
2016-09-09$12.29/sh−3,988$49,001→ 1,025,606 total(indirect: See Footnote)
Holdings
- 4,487
Common Stock
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $11.995 to $12.72. The price reported above in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer complete information regarding the number of shares and prices at which each of the individual transactions was effected.
- [F2]The securities are held by Tenzing Global Investors Fund I LP, a Delaware limited partnership ("Fund I"). Tenzing Global Management LLC, a Delaware limited liability company ("Tenzing Global Management"), is an investment advisor and Tenzing Global Investors LLC, a Delaware limited liability company ("Tenzing Global Investors"), serves as the general partner of Fund I. Chet Kapoor is a managing partner of each of Tenzing Global Management and Tenzing Global Investors and the portfolio manager of Fund I, and may be deemed to share voting and investment power over the shares held of record by Fund I. Mr. Kapoor disclaims beneficial ownership of all shares held by the foregoing entities except to the extent of his pecuniary interest therein.
- [F3]The securities are held by accounts managed by Tenzing Global Management on a discretionary basis (the "Parallel Account"). Chet Kapoor is the portfolio manager of the Parallel Account and may be deemed to share voting and investment power over the shares held of record by the Parallel Account. Mr. Kapoor disclaims beneficial ownership of all shares held by the Parallel Account except to the extent of his pecuniary interest therein.
- [F4]These shares were acquired pursuant to a restricted stock unit award under the Brightcove Inc. 2012 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Brightcove Inc. common stock. The restricted stock units vest in full on May 18, 2017. The Reporting Person will assign to Tenzing Global Investors Fund I LP and other accounts managed on a discretionary basis any shares issuable pursuant to this award or any proceeds from the sale thereof.
Documents
Issuer
BRIGHTCOVE INC
CIK 0001313275
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001313275
Filing Metadata
- Form type
- 4
- Filed
- Sep 12, 8:00 PM ET
- Accepted
- Sep 13, 7:21 PM ET
- Size
- 9.3 KB