Home/Filings/4/0001209191-19-036970
4//SEC Filing

Spero Benjamin C. 4

Accession 0001209191-19-036970

CIK 0001739936other

Filed

Jun 12, 8:00 PM ET

Accepted

Jun 13, 8:43 PM ET

Size

8.2 KB

Accession

0001209191-19-036970

Insider Transaction Report

Form 4
Period: 2019-06-11
Transactions
  • Award

    Common Stock

    2019-06-11+5,09630,827 total
Holdings
  • Common Stock

    (indirect: See Footnote)
    26,792
  • Common Stock

    (indirect: See Footnote)
    5,673,681
Footnotes (5)
  • [F1]Grant of Restricted Stock Units ("RSUs") 1/4th of the total number of RSUs will vest on 08/15/2019 and 1/4th of the total number of RSUs will vest quarterly thereafter for the remaining 3 quarters, subject to the Reporting Person's continued service to the Company until fully vested.
  • [F2]Certain of these securities are restricted stock units, the beneficial ownership of which the Reporting Person disclaims in footnote (3) below. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, subject to the applicable vesting schedule and conditions.
  • [F3]Under an agreement with Spectrum Equity, the Reporting Person is deemed to hold the RSUs included herein for the indirect benefit of: (i) SEI V SM AIV, L.P. ("SEI V"), the general partner of which is Spectrum Equity Associates V, L.P., the general partner of which is SEA V Management, LLC ("SEA V LLC"); and (ii) Spectrum V Investment Managers' Fund, LP ("IMF"), the general partner of which is SEA V LLC. The Reporting Person may be deemed to share voting and dispositive power over securities beneficially owned by SEA V LLC. The Reporting Person disclaims beneficial ownership of the reported RSUs and the underlying common stock except to the extent of his pecuniary interest therein.
  • [F4]Shares are held by SEI V. The general partner of SEI V is Spectrum Equity Associates V, L.P., the general partner of which is SEA V LLC. The Reporting Person may be deemed to share voting and dispositive power over securities beneficially owned by SEA V LLC. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
  • [F5]Shares are held by IMF. The general partner of IMF is SEA V LLC. The Reporting Person may be deemed to share voting and dispositive power over securities beneficially owned by SEA V LLC. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Issuer

SVMK Inc.

CIK 0001739936

Entity typeother

Related Parties

1
  • filerCIK 0001472386

Filing Metadata

Form type
4
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 8:43 PM ET
Size
8.2 KB