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 |
| |||||||||||||||
| 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 MERCADOLIBRE INC [ MELI ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| ||||||||||||||||||||||||
| 3. Date of Earliest Transaction (Month/Day/Year) 03/13/2020 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||||||||||||
| 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) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 03/13/2020 | P | 556 | A | $509.8332(1) | 50,534 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 254 | A | $513.682(3) | 50,788 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 200 | A | $514.42 | 50,988 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 688 | A | $516.5628(4) | 51,676 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 118 | A | $517.5988(5) | 51,794 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 800 | A | $518.8225(6) | 52,594 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 300 | A | $520.1467(7) | 52,894 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 100 | A | $523.09 | 52,994 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 800 | A | $524.8425(8) | 53,794 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 543 | A | $526.2319(9) | 54,337 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 200 | A | $527.85 | 54,537 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 213 | A | $529.99 | 54,750 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 200 | A | $531.32 | 54,950 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 800 | A | $532.4069(10) | 55,750 | I(2) | By Funds(2) | ||
| Common Stock | 03/13/2020 | P | 98 | A | $535.29 | 55,848 | I(2) | By Funds(2) | ||
| 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) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $509.44 to a high of $510.28. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 2. Consists of shares of common stock owned of record by Ribbit Capital IV, L.P. ("Fund IV") for itself and as nominee for Ribbit Founder Fund IV, L.P. ("FF IV"). The Reporting Person is the sole director of Ribbit Capital GP IV, Ltd., the general partner of the general partner of each of Fund IV and FF IV, and as such, may be deemed to hold voting and investment power with respect to such shares. The Reporting Person disclaims beneficial ownership with regard to such shares, except to the extent of his proportionate pecuniary interest therein. |
| 3. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $513.06 to a high of $513.85. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 4. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $516.21 to a high of $517.07. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 5. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $517.25 to a high of $517.74. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 6. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $518.40 to a high of $519.21. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 7. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $519.92 to a high of $520.60. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 8. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $524.51 to a high of $525.31. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 9. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $526.0727 to a high of $526.95. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| 10. Represents the weighted-average sale price per share of a series of transactions, all of which were executed on March 13, 2020. The actual sale prices ranged from a low of $532.395 to a high of $532.4141. The Reporting Person undertakes to provide upon request of the SEC Staff, MercadoLibre, Inc. or a MercadoLibre, Inc. security holder full information regarding the number of shares sold at each price within the range. |
| /s/ Malka Meyer | 03/16/2020 | |
| ** 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. | ||