SEC Form 4
FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol ReachLocal Inc [ RLOC ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 12/17/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) 12/21/2015 | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
4.00% Convertible Secured Subordinated Notes | $5 | 12/17/2015 | P | $778,673.79 | 12/17/2015 | 04/15/2018 | Common Stock | 60,975 | $778,673.79 | $778,673.79 | I | See footnote(1)(2)(3) | |||
4.00% Convertible Secured Subordinated Notes | $5 | 12/17/2015 | P | $94,802.68 | 12/17/2015 | 04/15/2018 | Common Stock | 7,424 | $94,802.68 | $94,802.68 | I | See footnote(1)(4)(5) | |||
4.00% Convertible Secured Subordinated Notes | $5 | 12/17/2015 | P | $3,369,732.8 | 12/17/2015 | 04/15/2018 | Common Stock | 263,870 | $3,369,732.8 | $3,369,732.8 | I | See footnote(1)(6)(7) | |||
4.00% Convertible Secured Subordinated Notes | $5 | 12/17/2015 | P | $337,346.03 | 12/17/2015 | 04/15/2018 | Common Stock | 26,416 | $337,346.03 | $337,346.03 | I | See footnote(1)(8)(9) | |||
4.00% Convertible Secured Subordinated Notes | $5 | 12/17/2015 | P | $12,275.81 | 12/17/2015 | 04/15/2018 | Common Stock | 961 | $12,275.81 | $12,275.81 | I | See footnote(1)(10)(11) | |||
4.00% Convertible Secured Subordinated Notes | $5 | 12/17/2015 | P | $407,168.89 | 12/17/2015 | 04/15/2018 | Common Stock | 31,884 | $407,168.89 | $407,168.89 | I | See footnote(1)(12)(13) |
1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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1. Name and Address of Reporting Person*
(Street)
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Explanation of Responses: |
1. This amendment reduces the number of shares issuable on conversion of the Notes as described in footnotes 2, 4, 6, 8, 10, 12 below and the Underlying Securities in Column 7 due to acquisition of beneficial ownership of shares as reported on a Form 4 filed the same date as this Amendment on March 31, 2016. |
2. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 30,070,750 shares outstanding on March 23, 2016, all of the Notes together when issued were convertible into a maximum of 391,530 shares. The Reporting Owner's Note when issued was convertible into a maximum of 60,975 shares. |
3. These securities are directly held by VantagePoint Venture Partners III (Q), L.P. VantagePoint Venture Associates III, L.L.C. is the general partner of VantagePoint Venture Partners III (Q), L.P. VantagePoint Venture Associates III, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates III, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein. |
4. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 30,070,750 shares outstanding on March 23, 2016, all of the Notes together when issued were convertible into a maximum of 391,530 shares. The Reporting Owner's Note when issued was convertible into a maximum of 7,424 shares. |
5. These securities are directly held by VantagePoint Venture Partners III, L.P. VantagePoint Venture Associates III, L.L.C. is the general partner of VantagePoint Venture Partners III, L.P. VantagePoint Venture Associates III, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates III, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein. |
6. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 30,070,750 shares outstanding on March 23, 2016, all of the Notes together when issued were convertible into a maximum of 391,530 shares. The Reporting Owner's Note when issued was convertible into a maximum of 263,870 shares. |
7. These securities are directly held by VantagePoint Venture Partners IV (Q), L.P. VantagePoint Venture Associates IV, L.L.C. is the general partner of VantagePoint Venture Partners IV (Q), L.P. VantagePoint Venture Associates IV, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates IV, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein. |
8. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 30,070,750 shares outstanding on March 23, 2016, all of the Notes together when issued were convertible into a maximum of 391,530 shares. The Reporting Owner's Note when issued was convertible into a maximum of 26,416 shares. |
9. These securities are directly held by VantagePoint Venture Partners IV, L.P. VantagePoint Venture Associates IV, L.L.C. is the general partner of VantagePoint Venture Partners IV, L.P. VantagePoint Venture Associates IV, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates IV, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein. |
10. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 30,070,750 shares outstanding on March 23, 2016, all of the Notes together when issued were convertible into a maximum of 391,530 shares. The Reporting Owner's Note when issued was convertible into a maximum of 961 shares. |
11. These securities are directly held by VantagePoint Venture Partners IV Principals Fund, L.P. VantagePoint Venture Associates IV, L.L.C. is the general partner of VantagePoint Venture Partners IV Principals Fund, L.P. VantagePoint Venture Associates IV, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates IV, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein. |
12. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 30,070,750 shares outstanding on March 23, 2016, all of the Notes together when issued were convertible into a maximum of 391,530 shares. The Reporting Owner's Note when issued was convertible into a maximum of 31,884 shares. |
13. These securities are directly held by VantagePoint Venture Partners 2006 (Q), L.P. VantagePoint Venture Associates 2006, L.L.C. is the general partner of VantagePoint Venture Partners 2006 (Q), L.P. VantagePoint Venture Associates 2006, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates 2006, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein. |
Alan E. Salzman | 04/04/2016 | |
VantagePoint Venture Partners III (Q), L.P., By: VantagePoint Venture Associates III, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Partners III, L.P., By: VantagePoint Venture Associates III, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Partners IV (Q), L.P., By: VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Partners IV Principals Fund, L.P., By: VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Partners 2006 (Q), L.P., By: VantagePoint Venture Associates 2006, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Partners IV, L.P., By: VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Associates III, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
VantagePoint Venture Associates 2006, L.L.C., By: Alan E. Salzman, Managing Member | 04/04/2016 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |