SEC Form 4 · accession 0000899243-15-008208
XOOM Corp · XOOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
SEQUOIA CAPITAL XI
10% Owner
SEQUOIA TECHNOLOGY PARTNERS XI
10% Owner
SEQUOIA CAPITAL XI PRINCIPALS FUND
10% Owner
SC XI MANAGEMENT LLC
10% Owner
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001315657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 12, 2015 | D | 5,036,306 | $25.00 | D | 0 | I | By Sequoia Capital XI, LP |
| Common StockF2 | Nov 12, 2015 | D | 545,439 | $25.00 | D | 0 | I | By Sequoia Capital XI Principals Fund. LLC |
| Common StockF2 | Nov 12, 2015 | D | 159,807 | $25.00 | D | 0 | I | By Sequoia Technology Partners XI, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to a merger agreement between the Issuer, PayPal, Inc., Timer Acquisition Corp., and PayPal Holdings, Inc., dated July 1, 2015 (the "Merger Agreement") in exchange for a cash payment of $25.00 per share, without interest.
- F2SC XI Management, LLC ("SC XI Management") is the general partner of Sequoia Capital XI, L.P. and Sequoia Technology Partners XI, L.P. and is the managing member of Sequoia Capital XI Principals Fund, LLC. As a result, SC XI Management may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital XI, L.P., Sequoia Technology Partners XI, L.P. and Sequoia Capital XI Principals Fund, LLC. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.