SEC Form 4 · accession 0001372375-15-000009
Millennial Media Inc. · MM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert P Goodman
Director
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 7:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001372375
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jan 1, 2015 | A | 62,500 | $0.00 | A | 570,666 | D | |
| Common StockF4,F5 | holding | — | — | — | 0 | I | By Funds |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- F2The restricted stock units were granted to the reporting person under the issuer's 2012 Equity Incentive Plan in connection with the issuer's non-employee director compensation policy. As a continuing director of the issuer who has been serving for at least 12 months, the reporting person was awarded a number of restricted stock units equal to $100,000 divided by $1.60, the closing price of the issuer's common stock on the date of grant. One-fourth of the shares underlying this restricted stock unit award vests quarterly starting on April 1, 2015, subject to the reporting person's service as a director on the applicable vesting date.
- F3413,145 shares are held by NB Group, LLC. The reporting person is a managing member of NB Group, LLC and disclaims beneficial ownership of the securtities held by NB Group, LLC, except to the extent of his pecuniary interest therein.
- F4As of the date hereof, 4,844,548 shares are held by Bessemer Venture Partners VI, L.P. ("BVP VI"), 1,960,298 shares are held by BVP Co-Investment and 85,274 shares are held by Bessemer Venture Partners VI Institutional, L.P. ("BVP Institutional," and together with BVP VI and BVP Co-Investment, the "Funds").
- F5The reporting person is one of several executive managers and a member of Deer VI & Co. LLC ("Deer VI"), the general partner of each of the Funds, and disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest therein, if any, by virtue of his interest in Deer VI and his indirect limited partnership interest in BVP Co-Investment. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities.