Silver Lake Technology Investors Kraftwerk Inactive
Filed: 10 Jul 17, 12:00am
| 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 Tintri, Inc. [ TNTR ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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| 3. Date of Earliest Transaction (Month/Day/Year) 07/06/2017 | ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed (Month/Day/Year) | 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 | ||||||
| Common Stock | 07/06/2017 | C | 4,426,646 | A | (1) | 4,426,646 | I | Held through Siver Lake Kraftwerk Fund, L.P.(2)(3) | ||
| Common Stock | 07/06/2017 | C | 137,375 | A | (1) | 137,375 | I | Held through Silver Lake Technology Investors Kraftwerk, L.P.(3)(4) | ||
| Common Stock | 07/06/2017 | P | 819,012 | A | $7 | 5,245,658 | I | Held through Silver Lake Kraftwerk Fund, L.P.(2)(3) | ||
| Common Stock | 07/06/2017 | P | 25,417 | A | $7 | 162,792 | I | Held through Silver Lake Technology Investors Kraftwerk, L.P.(3)(4) | ||
| 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 | ||||||||
| Series F Preferred Stock | (1) | 07/06/2017 | C | 1,475,551 | (1) | (1) | Common Stock | 4,426,646 | $0.00 | 0 | I | Held through Siver Lake Kraftwerk Fund, L.P.(2)(3) | |||
| Series F Preferred Stock | (1) | 07/06/2017 | C | 45,792 | (1) | (1) | Common Stock | 137,375 | $0.00 | 0 | I | Held through Silver Lake Technology Investors Kraftwerk, L.P.(3)(4) | |||
| Note Purchase Agreement (obligation to purchase) | $7 | 07/06/2017 | J(5) | $6,231,607.5 | (5) | (5) | Common Stock | 890,229 | (5) | $6,231,607.5 | I | Held through Siver Lake Kraftwerk Fund, L.P.(2)(3) | |||
| Note Purchase Agreement (obligation to purchase) | $7 | 07/06/2017 | J(5) | $193,392.5 | (5) | (5) | Common Stock | 27,627 | (5) | $193,392.5 | I | Held through Silver Lake Technology Investors Kraftwerk, L.P.(3)(4) | |||
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. The Series F Preferred Stock automatically converted into shares of Common Stock on a 2.9999959-for-one basis immediately prior to the closing of the Issuer's initial public offering. The Series F Preferred Stock had no expiration date. |
| 2. These securities are directly held by Silver Lake Kraftwerk Fund, L.P. ("SL Kraftwerk"). |
| 3. Silver Lake Technology Associates Kraftwerk, L.P. ("SLTA Kraftwerk") is the general partner of each of SL Kraftwerk and Silver Lake Technology Investors Kraftwerk, L.P. ("SLTI Kraftwerk"). SLTA Kraftwerk (GP), L.L.C. is the general partner of SLTA Kraftwerk and Silver Lake Group, L.L.C. is the managing member of SLTA Kraftwerk (GP), L.L.C. |
| 4. These securities are directly held by SLTI Kraftwerk. |
| 5. In connection with the Issuer's initial public offering, the Issuer, SL Kraftwerk, SLTI Kraftwerk and other parties thereto entered into an amendment to a Note Purchase Agreement, dated May 4, 2017 (the "Note Purchase Agreement"), pursuant to which the Issuer has the right, until the earlier of (x) December 31, 2019, (y) the written consent of the Issuer and the required portion of the investors party to the agreement and (z) a change in control, subject to the terms of the Note Purchase Agreement, as amended, to issue to SL Kraftwerk and SLTI Kraftwerk one or more subordinated convertible promissory notes, the principal and accrued interest of which, at any time on or after December 1, 2019, may be converted, at the option of the Issuer, into common stock at the initial public offering price of $7.00 per share. The maximum amount that SL Kraftwerk and SLTI Kraftwerk would be required to loan the Issuer under the Note Purchase Agreement, as amended, is $6,231,607.50 and $193,392.50 |
| Remarks: |
| The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). This filing shall not be deemed an admission, for purposes of Section 16 of the Exchange Act or otherwise, that the Reporting Persons are the beneficial owners of any equity securities in excess of their respective pecuniary interests, and each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. |
| /s/ Adam Grosser, Managing Director of SLTA Kraftwerk (GP), LLC, the general partner of Silver Lake Technology Associates Kraftwerk, L.P., the general partner of Silver Lake Kraftwerk Fund, L.P. | 07/10/2017 | |
| s/ Adam Grosser, Managing Director of SLTA Kraftwerk (GP), L.L.C., the general partner of Silver Lake Technology Associates Kraftwerk, L.P., the general partner of Silver Lake Technology Investors Kraftwerk, L.P. | 07/10/2017 | |
| /s/ Adam Grosser, Managing Director of SLTA Kraftwerk (GP), LLC, the general partner of Silver Lake Technology Associates Kraftwerk, L.P. | 07/10/2017 | |
| /s/ Adam Grosser, Managing Director of SLTA Kraftwerk (GP), LLC | 07/10/2017 | |
| /s/ Karen M. King, Managing Director and CLO of Silver Lake Group, L.L.C. | 07/10/2017 | |
| ** 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. | ||
| 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. | ||