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 SVMK Inc. [ SVMK ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 06/27/2019 | ||||||||||||||||||||||||||
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 | 06/27/2019 | S | 136,630 | D | $15.82(5) | 71,752 | I | See Footnote(1)(2) | ||
Common Stock | 06/27/2019 | S | 2,248,854 | D | $15.82(5) | 6,964,276 | D(3) | |||
Common Stock | 06/27/2019 | S | 2,114,516 | D | $15.82(5) | 6,548,256 | D(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 |
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. The securities of the Issuer are held by advisory accounts managed by Tiger Global Management, LLC ("Tiger Global") and/or its related persons and may be deemed to be beneficially owned by (i) Tiger Global; (ii) Charles P. Coleman, III ("Coleman"), a partner and portfolio manager of Tiger Global; and (iii) Scott Shleifer ("Shleifer"), a partner and portfolio manager of Tiger Global. Each of Tiger Global, Coleman and Shleifer disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). |
2. This Form 4 is being filed to report (i) sales that occurred on June 27, 2019, and (ii) that, as of the date hereof, Lee Fixel is no longer deemed to beneficially own more than 10% of the class of securities reported herein, and this Form 4 does not include any securities of the Issuer deemed to be beneficially owned by Mr. Fixel. |
3. The securities of the Issuer are held by Tiger Global Private Investment Partners VI, L.P. and may be deemed to be beneficially owned by (i) Tiger Global; (ii) Coleman; and (iii) Shleifer. |
4. The securities of the Issuer are held by Tiger Global Private Investment Partners VII, L.P. and may be deemed to be beneficially owned by (i) Tiger Global; (ii) Coleman; and (iii) Shleifer. |
5. This transaction was executed in multiple trades ranging from $15.820 to $15.960. The price reported reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of Issuer full information regarding the number of shares and prices at which the transaction was effected. |
Tiger Global Management, LLC, By: /s/ Anil L. Crasto, Chief Operating Officer | 07/01/2019 | |
Charles P. Coleman, III, /s/ Charles P. Coleman, III | 07/01/2019 | |
Lee Fixel, /s/ Lee Fixel | 07/01/2019 | |
Scott Shleifer, /s/ Scott Shleifer | 07/01/2019 | |
Tiger Global PIP Management VII, Ltd., By: /s/ Anil L. Crasto, Chief Operating Officer | 07/01/2019 | |
Tiger Global PIP Performance VII, L.P., By: By: Tiger Global PIP Management VII, Ltd., General Partner, By: /s/ Anil L. Crasto, Chief Operating Officer | 07/01/2019 | |
Tiger Global Private Investment Partners VII, L.P., By: Tiger Global PIP Performance VII, L.P., General Partner, By: Tiger Global PIP Management VII, Ltd., General Partner, By: /s/ Anil L. Crasto, Chief Operating Officer | 07/01/2019 | |
Tiger Global Private Investment Partners VI, L.P., By: Tiger Global PIP Performance VI, L.P., General Partner, By: Tiger Global PIP Management VI, Ltd., General Partner, By: /s/ Anil L. Crasto, Chief Operating Officer | 07/01/2019 | |
Tiger Global PIP Performance VI, L.P., By: Tiger Global PIP Management VI, Ltd., General Partner, By: /s/ Anil L. Crasto, Chief Operating Officer | 07/01/2019 | |
Tiger Global PIP Management VI, Ltd., By: /s/ Anil L. Crasto, Chief Operating Officer | 07/01/2019 | |
** 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. |