Glenn J Krevlin Form 4 LIONBRIDGE / GLENN J KREVLIN ownership change

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^*

GLENHILL ADVISORS LLC

(Last)

(First)

(Middle)

600 FIFTH AVENUE, 11TH FLOOR

(Street)

NEW YORK

10020

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LIONBRIDGE TECHNOLOGIES INC /DE/ [ LIOX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
Not a 10% Owner

3. Date of Earliest Transaction (Month/Day/Year)
01/04/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/04/2017		S		4,344	D	$5.775	6,854,423⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/04/2017		S		17,720	D	$5.7828	6,836,703⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/05/2017		S		741	D	$5.77	6,835,962⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/05/2017		S		19,594	D	$5.725	6,816,368⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/05/2017		S		974	D	$5.7941	6,815,394⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/05/2017		S		12,961	D	$5.7898	6,802,433⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/05/2017		S		4,872,673	D	$5.7014	1,929,760⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/06/2017		S		16,010	D	$5.71	1,913,750⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/06/2017		S		4,175	D	$5.7401	1,909,575⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾
Common Stock	01/06/2017		S		1,235,646	D	$5.7116	673,929⁽¹⁾⁽²⁾	I⁽¹⁾⁽²⁾⁽³⁾	See Footnotes⁽¹⁾⁽²⁾⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

GLENHILL ADVISORS LLC

(Last)

(First)

(Middle)

600 FIFTH AVENUE, 11TH FLOOR

(Street)

NEW YORK

10020

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

KREVLIN GLENN J

(Last)

(First)

(Middle)

600 FIFTH AVENUE

11TH FLOOR

(Street)

NEW YORK

10020

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

GLENHILL CAPITAL ADVISORS, LLC

(Last)

(First)

(Middle)

600 FIFTH AVENUE

11TH FLOOR

(Street)

NEW YORK

10020

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

GLENHILL CAPITAL MANAGEMENT LLC

(Last)

(First)

(Middle)

600 FIFTH AVENUE

11TH FLOOR

(Street)

NEW YORK

10020

(City)

(State)

(Zip)

Explanation of Responses:

1. Of the total securities reported in this Form 4, following the reported transactions Glenn J. Krevlin directly owns 201,854 shares and Glenhill Long Fund, LP directly owns 472,075 shares of the Issuer, and each of Glenhill Capital Overseas Master Fund, LP and Glenhill Concentrated Long Master Fund, LLC owns no shares of the Issuer. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.

2. The securities reported in this Form 4 do not include shares that were held in third party accounts for the benefit of third parties, which were managed by one or more of the Reporting Persons and for which such Reporting Persons had investment power and received management fees and performance-related fees (the "Managed Accounts"). Pursuant to Rule 16a-1(a)(1)-(2) of the Securities Exchange Act of 1934, as amended, the Reporting Persons were not the beneficial owner (and disclaim beneficial ownership) of such securities and had no pecuniary interest therein. On the date of this filing, there are no shares of common stock of the issuer held in such Managed Accounts.

3. Mr. Krevlin is managing member and control person of Glenhill Advisors, LLC, and is sole shareholder of Krevlin Management, Inc., which is managing member of Glenhill Capital Advisors, LLC, which is the investment manager of Glenhill Capital Overseas Master Fund, LP, Glenhill Concentrated Long Master Fund, LLC, and Glenhill Long Fund, LP, which (with Mr. Krevlin) collectively own the reported securities (see Footnote 1). Glenhill Advisors, LLC is the managing member of Glenhill Capital Management, LLC, which is the managing member of Glenhill Concentrated Long Master Fund, LLC and Glenhill Long GP, LLC, and is sole shareholder of Glenhill Capital Overseas GP, Ltd., which is the general partner of Glenhill Capital Overseas Master Fund, LP. Glenhill Long GP, LLC is the general partner of Glenhill Long Fund LP.

Remarks:

	/s/ Glenn J. Krevlin	01/13/2017
	/s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC	01/13/2017
	/s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC, Managing Member, Glenhill Capital Management, LLC	01/13/2017
	/s/ Glenn J. Krevlin, President, Krevlin Managment, Inc, Managing Member, Glenhill Capital Advisors, LLC	01/13/2017
	** 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.
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Glenn J Krevlin Form 4LIONBRIDGE / GLENN J KREVLIN ownership change