RUBICON PROJECT, INC. 4
4 · RUBICON PROJECT, INC. · Filed Jul 31, 2015
Insider Transaction Report
Form 4
Mandal Sumant
Director
Transactions
- Other
Common Stock
2015-07-29$18.38/sh−1,088$19,997→ 28,409 total
Holdings
- 4,535,985(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]On July 29, 2015, the reporting person transferred a total of 1,088 shares of Common Stock of the Issuer (the "Shares") to certain lenders in connection with the repayment of outstanding loans.
- [F2]Reflects the closing sale price of the Shares on July 29, 2015, as reported by the New York Stock Exchange.
- [F3]Reflects (i) 640 Shares received by the reporting person on July 29, 2015 in connection with pro rata distributions-in-kind of Shares for no consideration, (ii) 1,600 Shares directly beneficially owned by the reporting person and (iii) 26,169 Shares received by the reporting person in the form of restricted stock awards in connection with his service as a director of the issuer. The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended.
- [F4]Represents (i) 4,456,324 Shares directly beneficially owned by Clearstone Venture Partners III-A, L.P., a Delaware limited partnership ("CVP III-A") and 79,661 Shares directly beneficially owned by Clearstone Venture Partners III-B, a Delaware multiple series limited liability company ("CVP III-B" and, together with CVP III-A, the "Funds")). Clearstone Venture Management III, LLC, a Delaware limited liability company ("CVM III") is the general partner and managing member of CVP III-A and CVP III-B, respectively. The reporting person is a managing member of CVM III and a member of CVP III-B. The reporting person disclaims beneficial ownership of the Shares held by the Funds, except to the extent of his pecuniary interest therein, if any, and the inclusion of these Shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purposes.