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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GULERI TIM 2884 SAND HILL ROAD SUITE 100 MENLO PARK, CA 94025 |
X |
/s/ Tim Guleri | 12/14/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares are held by the Guleri Family Trust UTD dated April 7, 1999 (the "Guleri Trust"). The Reporting Person is a trustee and beneficiary of the Guleri Trust. |
(2) | Consists of 3,496 shares held in the name of Sierra Ventures Associates VII, LLC ("SVA VII"), as nominee on behalf of the Guleri Trust, and 6,342 shares held in the name of Sierra Ventures Associates VIII, LLC ("SVA VIII"), as nominee on behalf of the Guleri Trust. In his most recent report, the Reporting Person reported beneficial ownership of 22,796 shares held in the name of SVA VII, as nominee on behalf of Reporting Person, and 49,229 shares held in the name of SVA VIII, as nominee on behalf of Reporting Person. However, the Reporting Person incorrectly indicated in his most recent report that these shares were held as nominee by SVA VII and SVA VIII on behalf of the Reporting Person when, in fact, the shares were held as nominee by SVA VII and SVA VIII on behalf of the Guleri Trust. (Continues onto Footnote 3) |
(3) | (Continued from Footnote 2) Of these shares, 19,300 shares were subsequently distributed to the Guleri Trust by SVA VII and 42,887 shares were subsequently distributed to the Guleri Trust by SVA VIII, in each case in a transaction that effected a mere change in form of beneficial ownership. |
(4) | Consists of 1,101,495 shares held by Sierra Ventures VIII-A, L.P. ("Sierra VIII-A") and 10,718 shares held by Sierra Ventures VIII-B, L.P. ("Sierra VIII-B"). SVA VIII is the general partner of Sierra VIII-A and Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-A and Sierra VIII-B. The Reporting Person is a managing member of SVA VIII. The Reporting Person disclaims beneficial ownership of the shares held by Sierra VIII-A and Sierra VIII-B, except to the extent of his pecuniary interest therein. In his most recent report, the Reporting Person reported beneficial ownership of 2,992,458 shares held by Sierra VIII-A and 29,183 shares held by Sierra VIII-B and disclaimed beneficial ownership thereof except to the extent of his pecuniary interest therein. (Continues onto Footnote 5) |
(5) | (Continued from Footnote 4) Of these shares, 6,048 shares were subsequently distributed to the Guleri Trust in pro rata distributions, and 1,903,380 were subsequently distributed to other partners of Sierra VIII-A and Sierra VIII-B in pro rata distributions. |