HOAG JAY C 4
4 · MOTRICITY INC · Filed Jan 13, 2011
Insider Transaction Report
Form 4
MOTRICITY INCMOTR
TCV V LP
10% OwnerOther
Transactions
- Sale
Common Stock
2011-01-11$20.95/sh−13,076$273,898→ 63,191 total(indirect: TCV Member Fund, L.P.) - Sale
Common Stock
2011-01-11$20.95/sh−684,824$14,344,734→ 3,351,222 total(indirect: TCV V, L.P.)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.9803 to $21.0036, inclusive. The reporting persons undertake to provide to Motricity, Inc., any security holder of Motricity, Inc., 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 ranges set forth in this footnote.
- [F2]These shares are directly held by TCV V, L.P. Each of Jay C. Hoag, Richard H. Kimball, John L. Drew, Jon Q. Reynolds, Jr., and William J.G. Griffith IV (collectively the "TCM Members") are Class A Members of Technology Crossover Management V, L.L.C. ("TCM V") which is the sole general partner of TCV V, L.P. The TCM Members and TCM V may be deemed to beneficially own the shares held by TCV V, L.P. but the TCM Members and TCM V disclaim beneficial ownership of such shares except to the extent of their pecuniary interest therein.
- [F3]These shares are directly held by TCV Member Fund, L.P. Each of the TCM Members are (i) Class A Members of TCM V, which is a general partner of TCV Member Fund, L.P. and (ii) limited partners of TCV Member Fund, L.P. The TCM Members and TCM V may be deemed to beneficially own the shares held by TCV Member Fund, L.P. but the TCM Members and TCM V disclaim beneficial ownership of such shares except to the extent of their pecuniary interest therein.