MOBILEIRON, INC. 4
4 · MOBILEIRON, INC. · Filed Jun 23, 2017
Insider Transaction Report
Form 4
MOBILEIRON, INC.MOBL
NORWEST VENTURE PARTNERS X L P
10% Owner
Transactions
- Other
Common Stock
2017-06-22−1,998,471→ 10,323,823 total(indirect: See Footnote)
Footnotes (2)
- [F1]Shares were disposed via a pro rata distribution, without consideration, of Issuer's common stock from Norwest Venture Partners X, LP ("NVP X") to its limited partners in accordance with a Rule 10b5-1 plan.
- [F2]The NVP X distribution resulted in a change in the form of beneficial ownership so that following the distribution (i) 765 shares are beneficially owned by the Haque Revocable Trust UA DTD 05/07/2002, of which Promod Haque is a trustee, and (ii) 764 shares are beneficially owned by Haque Family Partners, of which Mr. Haque is a partner. The remaining 10,322,294 shares are beneficially held of record by NVP X. By virtue of their position as co-Chief Executive Officers of NVP Associates, LLC, the managing member of the general partner of NVP X, Jeffrey Crowe and Promod Haque may be deemed to share voting and dispositive power with respect to such securities. Messrs. Crowe and Haque disclaim beneficial ownership of all securities, except to the extent of any pecuniary interest therein.