SEC Form 4 · accession 0001277141-15-000038
Borderfree, Inc. · BRDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ofer Timor
Director · 10% Owner
Period of report
Mar 28, 2014
Accepted (ET)
May 15, 2015 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001277141
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 28, 2014 | P | 100 | $19.05 | A | 100 | D | |
| Common Stock | Mar 28, 2014 | P | 300 | $19.04 | A | 400 | D | |
| Common Stock | Nov 7, 2014 | P | 665 | $7.48 | A | 1,065 | D | |
| Common StockF1 | holding | — | — | — | 2,552,523 | I | By Delta Fund I, L.P. | |
| Common StockF1 | holding | — | — | — | 154,650 | I | By Poalim Delta Fund, L.P. | |
| Common StockF1 | holding | — | — | — | 138,412 | I | By Delta Fund I (Israel), L.P. | |
| Common StockF1 | holding | — | — | — | 309,302 | I | By Gmulot Delta Fund, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held directly by Delta Fund I, L.P., Poalim Delta Fund, L.P., Delta Fund I (Israel), L.P. and Gmulot Delta Fund, L.P., and indirectly by (i) Delta Ventures Ltd., the general partner of each of Poalim Delta Fund, L.P., Delta Fund I (Israel), L.P, and Gmulot Delta Fund, L.P., and (ii) Delta Ventures (Cayman) Ltd., the general partner of Delta Fund I, L.P. (the aforementioned entities, collectively, "Delta Ventures"). Mr. Timor is a Managing Partner of Delta Ventures, and may be deemed to be an indirect beneficial owner of the reported securities. Mr. Timor disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein. This report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.