SEC Form 4 · accession 0001628280-17-010675
FORESCOUT TECHNOLOGIES, INC · FSCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
ACCEL VIII LP
10% Owner
ACCEL INTERNET FUND IV LP
10% Owner
Arthur C Patterson
10% Owner
James R Swartz
10% Owner
ACCEL INVESTORS 2000 LLC
10% Owner
ACCEL VIII ASSOCIATES LLC
10% Owner
Period of report
Oct 31, 2017
Accepted (ET)
Nov 2, 2017 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001145057
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4,F5,F6,F7 | Oct 31, 2017 | C | 3,703,261 | — | A | 3,703,261 | I | See footnote |
| Common StockF1,F2,F3,F4,F5,F6,F8 | Oct 31, 2017 | C | 727,365 | — | A | 727,365 | I | See footnote |
| Common StockF1,F2,F3,F4,F5,F6,F9 | Oct 31, 2017 | C | 320,654 | — | A | 320,654 | I | See footnote |
| Common StockF10 | holding | — | — | — | 25,000 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred StockF7,F1 | — | Oct 31, 2017 | C | 23,100 | D | — | — | Common Stock | 1,218,301 | 0 | I |
| Series B Convertible Preferred StockF8,F1 | — | Oct 31, 2017 | C | 4,537 | D | — | — | Common Stock | 239,282 | 0 | I |
| Series B Convertible Preferred StockF9,F1 | — | Oct 31, 2017 | C | 2,000 | D | — | — | Common Stock | 105,480 | 0 | I |
| Series C Convertible Preferred StockF7,F2 | — | Oct 31, 2017 | C | 6,021 | D | — | — | Common Stock | 317,547 | 0 | I |
| Series C Convertible Preferred StockF8,F2 | — | Oct 31, 2017 | C | 1,182 | D | — | — | Common Stock | 62,338 | 0 | I |
| Series C Convertible Preferred StockF9,F2 | — | Oct 31, 2017 | C | 521 | D | — | — | Common Stock | 27,476 | 0 | I |
| Series D Convertible Preferred StockF7,F3 | — | Oct 31, 2017 | C | 953,737 | D | — | — | Common Stock | 953,737 | 0 | I |
| Series D Convertible Preferred StockF8,F3 | — | Oct 31, 2017 | C | 187,346 | D | — | — | Common Stock | 187,346 | 0 | I |
| Series D Convertible Preferred StockF9,F3 | — | Oct 31, 2017 | C | 82,597 | D | — | — | Common Stock | 82,597 | 0 | I |
| Series D-1 Convertible Preferred StockF7,F4 | — | Oct 31, 2017 | C | 183,308 | D | — | — | Common Stock | 183,308 | 0 | I |
| Series D-1 Convertible Preferred StockF8,F4 | — | Oct 31, 2017 | C | 36,007 | D | — | — | Common Stock | 36,007 | 0 | I |
| Series D-1 Convertible Preferred StockF9,F4 | — | Oct 31, 2017 | C | 15,875 | D | — | — | Common Stock | 15,875 | 0 | I |
| Series E Convertible Preferred StockF7,F5 | — | Oct 31, 2017 | C | 777,612 | D | — | — | Common Stock | 777,612 | 0 | I |
| Series E Convertible Preferred StockF8,F5 | — | Oct 31, 2017 | C | 152,742 | D | — | — | Common Stock | 152,742 | 0 | I |
| Series E Convertible Preferred StockF9,F5 | — | Oct 31, 2017 | C | 67,336 | D | — | — | Common Stock | 67,336 | 0 | I |
| Series F Convertible Preferred StockF7,F6 | — | Oct 31, 2017 | C | 252,756 | D | — | — | Common Stock | 252,756 | 0 | I |
| Series F Convertible Preferred StockF8,F6 | — | Oct 31, 2017 | C | 49,650 | D | — | — | Common Stock | 49,650 | 0 | I |
| Series F Convertible Preferred StockF9,F6 | — | Oct 31, 2017 | C | 21,890 | D | — | — | Common Stock | 21,890 | 0 | I |
Explanation of responses
- F1The Series B Convertible Preferred Stock automatically converted into Common Stock on an approximate 1:52.7 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- F10The shares are held directly by ACP Family Partnership L.P. Members of Arthur C. Patterson's immediate family are beneficial holders of ACP Family Partnership L.P., and the reporting person may be deemed to exercise voting and investment power over such shares.
- F2The Series C Convertible Preferred Stock automatically converted into Common Stock on an approximate 1:52.7 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- F3The Series D Convertible Preferred Stock automatically converted into Common Stock on an approximate 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- F4The Series D-1 Convertible Preferred Stock automatically converted into Common Stock on an approximate 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- F5The Series E Convertible Preferred Stock automatically converted into Common Stock on an approximate 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- F6The Series F Convertible Preferred Stock automatically converted into Common Stock on an approximate 1:1 basis immediately prior to the completion of the Issuer's initial public offering of Common Stock and had no expiration date.
- F7The shares are held of record by Accel VIII L.P. ("Accel VIII"). Arthur C. Patterson and James R. Swartz are the managing members of Accel VIII Associates LLC ("Accel Associates"), the general partner of Accel VIII, and share voting and dispositive power over the shares held by Accel VIII. Each of the reporting persons disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that any reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F8The shares are held of record by Accel Internet Fund IV L.P. ("Fund IV"). Messrs. Patterson and Swartz are the managing members of Accel Associates, the general partner of Fund IV, and share voting and dispositive power over the shares held by Fund IV. Each of the reporting persons disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that any reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F9The shares are held of record by Accel Investors 2000 L.L.C. ("Investors 2000"). Messrs. Patterson and Swartz are the managing members of Investors 2000 and share voting and dispositive power over the shares held by Investors 2000. Each of the reporting persons disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that any reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.