SEC Form 4 · accession 0001209191-15-058147
Xactly Corp · XTLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia B Padnos
Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 1, 2015 · 5:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001322554
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4,F5,F6 | Jul 1, 2015 | C | 54,930 | — | A | 54,930 | D | |
| Common StockF1,F2,F3,F4,F5,F6,F7 | Jul 1, 2015 | C | 52,422 | — | A | 52,422 | I | See footnote |
| Common StockF2,F3,F6,F8 | Jul 1, 2015 | C | 36,052 | — | A | 36,052 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF1 | — | Jul 1, 2015 | C | 1,360 | D | — | — | Common Stock | 1,360 | 0 | D |
| Series A Convertible Preferred StockF7,F1 | — | Jul 1, 2015 | C | 2,668 | D | — | — | Common Stock | 2,668 | 0 | I |
| Series B Convertible Preferred StockF2 | — | Jul 1, 2015 | C | 25,353 | D | — | — | Common Stock | 25,353 | 0 | D |
| Series B Convertible Preferred StockF7,F2 | — | Jul 1, 2015 | C | 19,862 | D | — | — | Common Stock | 19,862 | 0 | I |
| Series B Convertible Preferred StockF8,F2 | — | Jul 1, 2015 | C | 19,639 | D | — | — | Common Stock | 19,639 | 0 | I |
| Series C Convertible Preferred StockF3 | — | Jul 1, 2015 | C | 12,805 | D | — | — | Common Stock | 12,805 | 0 | D |
| Series C Convertible Preferred StockF7,F3 | — | Jul 1, 2015 | C | 13,400 | D | — | — | Common Stock | 13,400 | 0 | I |
| Series C Convertible Preferred StockF8,F3 | — | Jul 1, 2015 | C | 6,876 | D | — | — | Common Stock | 6,876 | 0 | I |
| Series D Convertible Preferred StockF4 | — | Jul 1, 2015 | C | 4,026 | D | — | — | Common Stock | 4,026 | 0 | D |
| Series D Convertible Preferred StockF7,F4 | — | Jul 1, 2015 | C | 7,816 | D | — | — | Common Stock | 7,816 | 0 | I |
| Series D-1 Convertible Preferred StockF5 | — | Jul 1, 2015 | C | 1,849 | D | — | — | Common Stock | 1,849 | 0 | D |
| Series D-1 Convertible Preferred StockF7,F5 | — | Jul 1, 2015 | C | 3,590 | D | — | — | Common Stock | 3,590 | 0 | I |
| Series F Convertible Preferred StockF6 | — | Jul 1, 2015 | C | 9,537 | D | — | — | Common Stock | 9,537 | 0 | D |
| Series F Convertible Preferred StockF7,F6 | — | Jul 1, 2015 | C | 5,086 | D | — | — | Common Stock | 5,086 | 0 | I |
| Series F Convertible Preferred StockF8,F6 | — | Jul 1, 2015 | C | 9,537 | D | — | — | Common Stock | 9,537 | 0 | I |
Explanation of responses
- F1The Series A Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- F2The Series B Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- F3The Series C Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- F4The Series D Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- F5The Series D-1 Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- F6The Series F Convertible Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the completion of the Issuer's initial public offering of common stock and had no expiration date.
- F7The shares are held of record by Illuminate Ventures Spotlight Fund, LP ("Illuminate Spotlight"). The Reporting Person is a managing member of Illuminate Equity Partners I, L.L.C., the general partner of Illuminate Spotlight, and disclaims beneficial ownership of the securities reported herein, except to the extent of her pecuniary interest therein.
- F8The shares are held of record by Illuminate Ventures I, LP ("Illuminate Ventures"). The Reporting Person is a managing member of Illuminate Equity Partners I, L.L.C., the general partner of Illuminate Ventures, and disclaims beneficial ownership of the securities reported herein, except to the extent of her pecuniary interest therein.