1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Class B Common Stock
|
Â
(1)(2)
|
Â
(1)(2)
|
Class A Common Stock
(2)
|
40,500
|
$
(1)
(2)
|
D
(3)
|
Â
|
Class B Common Stock
|
Â
(1)(2)
|
Â
(1)(2)
|
Class A Common Stock
(2)
|
2,500
|
$
(1)
(2)
|
I
|
By James P. Shaughnessy, Jr.
(4)
|
Class B Common Stock
|
Â
(1)(2)
|
Â
(1)(2)
|
Class A Common Stock
(2)
|
2,500
|
$
(1)
(2)
|
I
|
By Caitlin M. Shaughnessy
(4)
|
Class B Common Stock
|
Â
(1)(2)
|
Â
(1)(2)
|
Class A Common Stock
(2)
|
2,500
|
$
(1)
(2)
|
I
|
By Anne E. Shaugnessy
(4)
|
Stock Option (Right to Buy)
|
Â
(5)
|
08/29/2021 |
Class B Common Stock
(1)
(2)
|
192,000
(6)
|
$
3.7
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(7)
|
12/15/2021 |
Class B Common Stock
(1)
(2)
|
10,000
|
$
4.25
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(8)
|
08/27/2022 |
Class B Common Stock
(1)
(2)
|
20,000
|
$
9.2
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(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) |
Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, which occurs after the closing of the Issuer's initial public offering (the "IPO"), except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect as of the date hereof. The shares of Class B Common Stock have no expiration date. |
(2) |
All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock, (b) the date when the number of outstanding shares of Class B Common Stock represents less than 9% of all outstanding shares of Class A and Class B Common Stock, (c) October 11, 2032 or (d) nine months after the death of the later to die of David A. Duffield and Aneel Bhusri. The shares of Class A and Class B Common Stock have no expiration date. |
(3) |
Held in the name of James P. Shaughnessy and Margie A. Shaughnessy as Joint Tenants with Right of Survivorship. |
(4) |
Mr. Shaughnessy disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. |
(5) |
This is a stock option grant under the Issuer's 2005 Stock Option Plan and vests as follows: 20% of the total number of shares vested on August 15, 2012, when Mr. Shaughnessy completed 12 months of continuous service, and 5% of the total number of shares vests as Mr. Shaughnessy completes each 3-month period of continuous service thereafter. This option grant is exercisable in full or in part at any time, but the unvested portion is subject to the Issuer's right to repurchase the shares at the original exercise price in the event of termination of Mr. Shaughnessy's service for any reason. |
(6) |
Represents the balance remaining following Mr. Shaughnessy's exercise of 48,000 shares on July 11, 2012. |
(7) |
This is a stock option grant under the Issuer's 2005 Stock Option Plan and vests as follows: 20% of the total number of shares vested on August 15, 2012, and 5% of the total number of shares vests as Mr. Shaughnessy completes each 3-month period of continuous service thereafter. This option grant is exercisable in full or in part at any time, but the unvested portion is subject to the Issuer's right to repurchase the shares at the original exercise price in the event of termination of Mr. Shaughnessy's service for any reason. None of these shares has been exercised by Mr. Shaughnessy to date. |
(8) |
This is a stock option grant under the Issuer's 2005 Stock Option Plan and vests as follows: 20% of the total number of shares will vest on September 1, 2013, provided Mr. Shaughnessy has completed 12 months of continuous service as of that date, and 5% of the total number of shares will vest as Mr. Shaughnessy completes each 3-month period of continuous service thereafter. This option grant is exercisable in full or in part at any time, but the unvested portion is subject to the Issuer's right to repurchase the shares at the original exercise price in the event of termination of Mr. Shaughnessy's service for any reason. None of these shares has been exercised by Mr. Shaughnessy to date. |