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 |
Series A Convertible Preferred Stock
|
Â
(2)
|
Â
(2)
|
Common Stock
|
865,137
|
$
(2)
|
I
|
See footnote
(1)
|
Series D Convertible Preferred Stock
|
Â
(3)
|
Â
(3)
|
Common Stock
|
215,146
|
$
(3)
|
I
|
See footnote
(1)
|
Series E Convertible Preferred Stock
|
Â
(4)
|
Â
(4)
|
Common Stock
|
1,534,980
|
$
(4)
|
I
|
See footnote
(1)
|
Non-qualified stock option (right to buy)
|
Â
(5)
|
01/03/2017 |
Common Stock
|
75,000
|
$
4.04
|
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) |
Shares are held directly by Benchmark Capital Partners IV, L.P., as nominee ("BCP IV"). Alexandre Balkanski is a managing member of Benchmark Capital Management Co. IV, L.L.C. ("BCMC IV"), the general partner of BCP IV, and may be deemed to share voting and dispositive power over the shares that may be deemed beneficially held by BCMC IV. The reporting person disclaims beneficial ownership of all such shares, except to the extent of his pecuniary interest therein. |
(2) |
The Series A Convertible Preferred Stock shall automatically convert into Common Stock on a 1:1.033 basis immediately prior to the closing of the Issuer's initial public offering of common stock. |
(3) |
The Series D Convertible Preferred Stock shall automatically convert into Common Stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering of common stock. |
(4) |
The Series E Convertible Preferred Stock shall automatically convert into Common Stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering of common stock. |
(5) |
The option is subject to an early exercise provision and is immediately exercisable. One-fourth of the shares subject to the option vest on January 3, 2008 and one forty-eighth of the shares shall vest monthly thereafter. |