SEC Form 4 · accession 0001179110-15-003050
TANGOE INC · TNGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Coit
Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001182325
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 18, 2015 | S | 304,575 | $12.6012 | D | 147,895 | I | By North Atlantic SBIC IV, L.P. |
| Common StockF3,F2 | Feb 19, 2015 | S | 64,100 | $12.3868 | D | 83,795 | I | By North Atlantic SBIC IV, L.P. |
| Common StockF4,F2 | Feb 20, 2015 | S | 83,795 | $12.1644 | D | 0 | I | By North Atlantic SBIC IV, L.P. |
| Common StockF5 | holding | — | — | — | 18,042 | D | ||
| Common Stock | holding | — | — | — | 250 | I | by Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $12.50 to $12.76 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F2Mr. Coit is a manager of North Atlantic Investors SBIC IV, LLC, which serves as the general partner of North Atlantic SBIC IV, L.P. Mr. Coit, by virtue of his management position in North Atlantic Investors SBIC IV, LLC, has voting and dispositive power with respect to the shares held by North Atlantic SBIC IV, L.P. Mr. Coit disclaims beneficial ownership of the securities held by North Atlantic SBIC IV, L.P., except to the extent of his pecuniary interest therein.
- F3The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $12.25 to $12.51 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F4The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $12.05 to $12.25 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F5Represents 9,446 shares of common stock and 8,596 shares issued as a restricted stock award that are subject to forfeiture if they do not become vested. The 8,596 unvested shares vest in full on the earlier of June 5, 2015 or immediately prior to the Issuer's 2015 annual meeting of stockholders.