SEC Form 4 · accession 0000919574-17-007220
WEB.COM GROUP, INC. · WEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Ahmet H Okumus
10% Owner
Okumus Fund Management Ltd.
10% Owner
Okumus Opportunistic Value Fund Ltd.
10% Owner
Period of report
Oct 6, 2017
Accepted (ET)
Oct 10, 2017 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095291
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 6, 2017 | S | 22,600 | $25.6695 | D | 6,504,233 | D | |
| Common StockF2 | Oct 6, 2017 | S$0 | 0 | $0.00 | D | 6,504,233 | I | See Footnote |
| Common StockF2 | Oct 6, 2017 | S$0 | 0 | $0.00 | D | 6,504,233 | I | See Footnote |
| Common StockF1 | Oct 9, 2017 | S | 72,386 | $25.659 | D | 6,431,847 | D | |
| Common StockF2 | Oct 9, 2017 | S$0 | 0 | $0.00 | D | 6,431,847 | I | See Footnote |
| Common StockF2 | Oct 9, 2017 | S$0 | 0 | $0.00 | D | 6,431,847 | I | See Footnote |
| Common StockF1 | Oct 10, 2017 | S | 39,713 | $25.404 | D | 6,392,134 | D | |
| Common StockF2 | Oct 10, 2017 | S$0 | 0 | $0.00 | D | 6,392,134 | I | See Footnote |
| Common StockF2 | Oct 10, 2017 | S$0 | 0 | $0.00 | D | 6,392,134 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Call Option (Obligation to Sell)F1 | $25.00 | Oct 6, 2017 | S | 200 | D | Oct 6, 2017 | Nov 17, 2017 | Common Stock | 20,000 | 200 | D |
| Call Option (Obligation to Sell)F2 | $25.00 | Oct 6, 2017 | S | 0 | D | Oct 6, 2017 | Nov 17, 2017 | Common Stock | 0 | 200 | I |
| Call Option (Obligation to Sell)F2 | $25.00 | Oct 6, 2017 | S | 0 | D | Oct 6, 2017 | Nov 17, 2017 | Common Stock | 0 | 200 | I |
| Call Option (Obligation to Sell)F1 | $25.00 | Oct 10, 2017 | S | 283 | D | Oct 10, 2017 | Nov 17, 2017 | Common Stock | 28,300 | 283 | D |
| Call Option (Obligation to Sell)F2 | $25.00 | Oct 10, 2017 | S | 0 | D | Oct 10, 2017 | Nov 17, 2017 | Common Stock | 0 | 283 | I |
| Call Option (Obligation to Sell)F2 | $25.00 | Oct 10, 2017 | S | 0 | D | Oct 10, 2017 | Nov 17, 2017 | Common Stock | 0 | 283 | I |
Explanation of responses
- F1The reported securities are directly owned by Okumus Opportunistic Value Fund, Ltd.
- F2The reported securities are directly owned by Okumus Opportunistic Value Fund, Ltd., a British Virgin Islands business company managed by Okumus Fund Management Ltd., and may be deemed indirectly beneficially owned by Okumus Fund Management Ltd. as the investment manager of Okumus Opportunistic Value Fund, Ltd. The reported securities may also be deemed indirectly beneficially owned by Ahmet H. Okumus as President of Okumus Fund Management Ltd. and Director of Okumus Opportunistic Value Fund, Ltd. Each of Okumus Fund Management Ltd. and Ahmet H. Okumus disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.