SEC Form 4 · accession 0001628280-15-004855
Borderfree, Inc. · BRDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
ADAMS STREET PARTNERS LLC
10% Owner
Period of report
Jun 10, 2015
Accepted (ET)
Jun 10, 2015 · 8:55 am 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 StockF1 | Jun 10, 2015 | U | 2,763,426 | $14.00 | D | 0 | I | By Adams Street V, L.P. |
| Common StockF2 | Jun 10, 2015 | U | 2,763,426 | $14.00 | D | 0 | I | By BVCF IV, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are owned directly by Adams Street V, L.P. ("AS V") and indirectly by Adams Street Partners, LLC, as the general partner of AS V. The shares owned by AS V (the "AS V Shares") may be deemed to be beneficially owned by Adams Street Partners, LLC. David Brett, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray, Sachin Tulyani, Craig D. Waslin, and David S. Welsh, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the Shares. Adams Street Partners, LLC and David Brett, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray, Sachin Tulyani, Craig D. Waslin, and David S. Welsh disclaim beneficial ownership of the AS V Shares except to the extent of their pecuniary interest therein.
- F2The reported securities are owned directly by BVCF IV, L.P. ("BVCF IV") and indirectly by Adams Street Partners, LLC, as the general partner of BVCF IV. The shares owned by BVCF IV (the "BVCF IV Shares") may be deemed to be beneficially owned by Adams Street Partners, LLC. David Brett, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray, Sachin Tulyani, Craig D. Waslin, and David S. Welsh, each of whom is a partner of Adams Street Partners, LLC (or a subsidiary thereof), may be deemed to have shared voting and investment power over the Shares. Adams Street Partners, LLC and David Brett, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray, Sachin Tulyani, Craig D. Waslin, and David S. Welsh disclaim beneficial ownership of the BVCF IV Shares except to the extent of their pecuniary interest therein.