SEC Form 4 · accession 0000899243-16-027905
BRIGHTCOVE INC · BCOV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin R Rhodes
Officer — CHIEF FINANCIAL OFFICER
Period of report
Aug 22, 2016
Accepted (ET)
Aug 23, 2016 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001313275
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 22, 2016 | M | 2,184 | $5.85 | A | 103,436 | D | |
| Common Stock | Aug 22, 2016 | S | 2,184 | $11.80 | D | 101,252 | D | |
| Common StockF1 | Aug 22, 2016 | S | 5,278 | $11.80 | D | 95,974 | D | |
| Common Stock | Aug 23, 2016 | M | 2,816 | $5.85 | A | 98,790 | D | |
| Common StockF2 | Aug 23, 2016 | S | 2,816 | $11.97 | D | 95,974 | D | |
| Common StockF3 | Aug 23, 2016 | S | 4,814 | $11.95 | D | 91,160 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $5.85 | Aug 22, 2016 | M | 2,184 | D | — | Dec 1, 2024 | Common Stock | 2,184 | 97,816 | D |
| Stock Option (right to buy)F4 | $5.85 | Aug 23, 2016 | M | 2,816 | D | — | Dec 1, 2024 | Common Stock | 2,816 | 95,000 | D |
Explanation of responses
- F1This price represents the weighted average of sales ranging from $11.80 to $11.82. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F2This price represents the weighted average of sales ranging from $11.95 to $11.99. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F3This price represents the weighted average of sales ranging from $11.90 to $11.98. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F4This stock option vests in four equal annual installments beginning on December 1, 2015.