SEC Form 4 · accession 0001209191-17-004993
OOMA INC · OOMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Wei
Director · 10% Owner
Period of report
Jan 19, 2017
Accepted (ET)
Jan 20, 2017 · 7:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327688
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Jan 19, 2017 | S | 3,275,000 | $8.30 | D | 3,275,000 | I | By entities associated with Worldview Technology Partners |
| Common Stock | holding | — | — | — | 61,948 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold pursuant to that certain Purchase Agreement, dated as of January 12, 2017 by and among the Issuer, B. Riley & Co., LLC (the "Purchaser"), Worldview Technology Partners IV, L.P., Worldview Technology International IV, L.P. and Worldview Strategic Partners IV, L.P. (the "Purchase Agreement"). The Transaction closed on January 19, 2017.
- F2Pursuant to the Purchase Agreement, Worldview Technology Partners IV, L.P. sold to the Purchaser 2,799,531 shares of Common Stock of the Issuer, Worldview Technology International IV, L.P. sold to the Purchaser 454,814 shares of Common Stock of the Issuer and Worldview Strategic Partners IV, L.P sold to the Purchaser 20,655 shares of Common Stock of the Issuer.
- F3Shares held directly by Worldview Strategic Partners IV, L.P. ("Strategic IV"), Worldview Technology International IV, L.P. ("International IV") and Worldview Technology Partners IV, L.P. ("Technology IV" and, together with Strategic IV and International IV, the "Worldview IV Funds"). Worldview Capital IV, L.P., the general partner of each of the Worldview IV Funds, and Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P., may each be deemed to have sole voting and dispositive power over the shares held by the Worldview IV Funds. The Reporting Person, as a managing member of Worldview Equity I, L.L.C., may be deemed to share voting and dispositive power over the shares held by the Worldview IV Funds. The Reporting Person disclaims beneficial ownership of the shares held by the Worldview IV Funds, except to the extent of any pecuniary interest therein.