SEC Form 4 · accession 0001628280-16-015856
LIFELOCK, INC. · LOCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J/ca Cowan
Director
Period of report
May 5, 2016
Accepted (ET)
May 6, 2016 · 9:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001383871
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1,F2,F3 | May 5, 2016 | A | 13,275 | $0.00 | A | 592,077 | D | |
| COMMON STOCKF4,F5 | holding | — | — | — | 0 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the grant of restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of the Issuer's common stock. The RSUs vest quarterly over a one-year period. The reporting person has elected to defer issuance of the shares underlying the RSU award until the reporting person's cessation of service to the Issuer.
- F2Represents 49,361 Shares held personally, 153,413 Shares held by the Cowan Family Trust UDT dated 10-17-02 (the "Cowan Family Trust") and 389,303 Shares held by David Cowan Partners II, a DE Multiple Series Limited Partnership (Series A) ("Cowan Partners").
- F3Continued from Footnote 2. Mr. Cowan and his spouse are the trustees of the Cowan Family Trust and the general partners of Cowan Partners. Mr. Cowan disclaims beneficial ownership of the securities held by the Cowan Family Trust and Cowan Partners and this report shall not be deemed an admission that he is the beneficial owner of such securities, except to the extent of his pecuniary interest, in any, therein.
- F46,258,569 shares are held by Bessemer Venture Partners VI L.P. ("BVP VI"), 2,042,004 shares are held by Bessemer Venture Partners Co-Investment L.P. ("BVP Co-Investment"), and 75,449 shares are held by Bessemer Venture Partners VI Institutional L.P. ("BVP Institutional"), and together with BVP VI and BVP Co-Investment, the "Funds".
- F5Mr. Cowan is an executive manager and a member of Deer VI & Co. LLC ("Deer VI"), the general partner of each of the Funds (as defined above). Mr. Cowan disclaims beneficial ownership of the securities and this report shall not be deemed as admission that such reporting person is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in the securities by virtue of his interest in Deer VI and his indirect limited partnership interest in BVP Co-Investment.