SEC Form 4 · accession 0001225208-17-010831
Mattersight Corp · MATR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James N White
10% Owner
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 6:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094348
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 31, 2017 | J | 271,391 | $0.00 | D | 852,651 | I | By Ltd Partnership (SHV) |
| Common StockF3,F2 | Jun 1, 2017 | P | 203,543 | $3.6493 | A | 1,056,194 | I | By Ltd Partnership (SHV) |
| Common StockF4,F5 | Jun 1, 2017 | P | 12,124 | $3.6493 | A | 184,239 | I | By Trust (Trustees) |
| Common Stock | holding | — | — | — | 6,000 | D | ||
| Common StockF6 | holding | — | — | — | 10,188 | I | By Profit Sharing Plan Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 31, 2017, a limited partner (the "Limited Partner") of Sutter Hill Ventures, a California Limited Partnership ("SHV") liquidated its interest in SHV in return for its ratable share of the holdings of SHV, resulting in SHV's disposition to the Limited Partner of 271,391 shares (the "Distributed Common Shares") of the Issuer's common stock (the "Liquidation").
- F2Shares held by SHV. The reporting person is a managing director and member of the management committee of the general partner of SHV. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest therein.
- F3In connection with the Liquidation, SHV entered into an agreement with the Limited Partner to repurchase 203,543 Distributed Common Shares from the Limited Partner at a purchase price equal to the average of the mean between the closing bid and ask prices over the ninety (90)-day period ended March 31, 2017.
- F4In connection with the Liquidation, the reporting person entered into an agreement with the Limited Partner to repurchase 12,124 Distributed Common Shares from the Limited Partner at a purchase price equal to the average of the mean between the closing bid and ask prices over the ninety (90)-day period ended March 31, 2017.
- F5Shares held by a trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in the trust.
- F6Shares held by SHV Profit Sharing Plan, a retirement trust, for the benefit of the reporting person.