SEC Form 4 · accession 0001062993-16-009972
Quotient Technology Inc. · QUOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Howard Burbank III
10% Owner
Period of report
May 23, 2016
Accepted (ET)
May 25, 2016 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001115128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | May 23, 2016 | S | 679,222 | $10.3509 | D | 11,400,000 | I | See Footnotes |
| Common StockF4,F2,F3 | May 24, 2016 | S | 150,000 | $11.2433 | D | 11,250,000 | I | See Footnotes |
| Common StockF5,F2,F3 | May 25, 2016 | S | 250,000 | $10.5342 | D | 11,000,000 | I | See Footnotes |
| Common StockF2,F6,F7 | May 25, 2016 | J | 2,233 | $0.00 | D | 11,000,000 | I | See Footnotes |
| Common StockF2,F6,F3 | May 25, 2016 | J | 2,233 | $0.00 | A | 11,000,000 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $10.25 to $11.215 inclusive. Upon request, the reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission full information regarding the securities purchased at each separate price within the range set forth in this footnote.
- F2The amount of securities reported in Column 5 represents the amount of securities beneficially owned directly by the reporting person and by certain entities for which the reporting person is the managing member.
- F3These securities are held of record by JHB Ventures, LLC ("JHB Ventures"). The reporting person is the managing member of JHB Ventures.
- F4The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $11.09 to $11.38 inclusive. Upon request, the reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission full information regarding the securities purchased at each separate price within the range set forth in this footnote.
- F5The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $10.50 to $11.015 inclusive. Upon request, the reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission full information regarding the securities purchased at each separate price within the range set forth in this footnote.
- F6The securities involved in this transaction were held of record by Passport Ventures II, LLC ("Ventures II") and were transferred for no consideration to JHB Ventures. The reporting person is the managing member of Ventures II and JHB Ventures, and is the beneficial owner of the securities held by such entities. As such, there is no change in beneficial ownership as a result of this transaction.
- F7These securities were held of record by Ventures II. The reporting person is the managing member of Ventures II.