SEC Form 4 · accession 0000899243-16-018339
SOLARCITY CORP · SCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Timothy C Draper
10% Owner
DRAPER ASSOCIATES L P
10% Owner
John H N Fisher
Director
Stephen T Jurvetson
10% Owner
Draper Fisher Jurvetson Fund IX LP
10% Owner
Draper Fisher Jurvetson Fund X, L.P.
10% Owner
Period of report
Apr 18, 2016
Accepted (ET)
Apr 20, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408356
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F10,F11,F12 | Apr 18, 2016 | J | 413,373 | $0.00 | D | 826,745 | I | See Footnotes |
| Common StockF4,F10,F11,F12 | Apr 18, 2016 | J | 280,659 | $0.00 | D | 1,653,952 | I | See Footnotes |
| Common StockF6,F10,F11,F12 | Apr 18, 2016 | J | 11,202 | $0.00 | D | 22,403 | I | See Footnotes |
| Common StockF7,F10,F11,F12 | Apr 18, 2016 | J | 22,691 | $0.00 | D | 136,138 | I | See Footnotes |
| Common StockF8,F18 | Apr 18, 2016 | J | 19,099 | $0.00 | A | 401,053 | I | By Family Trust |
| Common StockF10,F11,F12,F13,F14,F16 | Apr 18, 2016 | J | 53,634 | $0.00 | A | 54,152 | I | See Footnotes |
| Common StockF10,F11,F12,F13,F14,F16 | Apr 18, 2016 | J | 53,634 | $0.00 | D | 518 | I | See Footnotes |
| Common StockF10,F11,F12,F13,F20,F21 | Apr 18, 2016 | J | 60,093 | $0.00 | A | 60,093 | I | See Footnotes |
| Common StockF10,F11,F12,F13,F20,F21 | Apr 18, 2016 | J | 60,093 | $0.00 | D | 0 | I | See Footnotes |
| Common StockF3,F10,F11,F12 | holding | — | — | — | 260,838 | I | See Footnotes | |
| Common StockF5,F10,F11,F12 | holding | — | — | — | 7,970 | I | See Footnotes | |
| Common StockF9,F10,F11,F12 | holding | — | — | — | 399,383 | I | See Footnotes | |
| Common StockF10,F11,F12,F15,F17 | holding | — | — | — | 319 | I | See Footnotes | |
| Common StockF19 | holding | — | — | — | 24,388 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 18, 2016, this fund made an in-kind distribution, without any additional consideration to its members, of that number of shares set forth in column 4, including shares distributed to the general partner of each fund. Mr. Fisher is one of several managing directors of the general partner entities of these funds that directly hold shares and as such Mr. Fisher may be deemed to have voting and investment power with respect to such shares. Mr. Fisher disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- F10John H.N. Fisher is a member of the issuer's board of directors. Timothy C. Draper, John H.N. Fisher and Stephen T. Jurvetson are managing directors of the general partner entities of Draper Fisher Jurvetson Fund IX, L.P. (Fund IX) and Draper Fisher Jurvetson Fund X, L.P. (Fund X) that directly hold shares and as such they may be deemed to have voting and investment power with respect to such shares. Draper Fisher Jurvetson Partners IX, LLC invests lockstep alongside Fund IX. Draper Fisher Jurvetson Partners X, LLC invests lockstep alongside Fund X. Draper Associates, L.P. (DALP) invests lockstep alongside Fund IX and Fund X.
- F11The General Partner of DALP is Draper Associates, Inc. which is controlled by its President and majority shareholder, Timothy C. Draper. Draper Associates Riskmasters Fund, LLC (DARF) and Draper Associates Riskmasters Fund III, LLC (DARFIII) invest lockstep alongside Fund IX and Fund X, instead and in place of DALP beginning June 2010.
- F12The Managing Member of DARF and DARFIII is Timothy C. Draper. John H.N. Fisher, Barry M. Schuler and Mark W. Bailey are managing directors of the general partner entities of Draper Fisher Jurvetson Growth Fund 2006, L.P. (Growth Fund) that directly hold shares and as such they may be deemed to have voting and investment power with respect to such shares. Draper Fisher Jurvetson Partners Growth Fund 2006, LLC (Growth Partners) invests lockstep alongside Growth Fund. The managing members of Growth Partners are John H.N. Fisher, Barry M. Schuler and Mark W. Bailey. These individuals disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.
- F13Mr. Fisher is one of several managing directors of the general partner entities of these funds that directly hold shares and as such Mr. Fisher may be deemed to have voting and investment power with respect to such shares. Mr. Fisher disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- F14On April 18, 2016, this fund received an in-kind distribution from Draper Fisher Jurvetson Fund IX, L.P. of that number of shares set forth in column 4. Mr. Fisher is one of several managing directors of the general partner entities of these funds that directly hold shares and as such Mr. Fisher may be deemed to have voting and investment power with respect to such shares. Mr. Fisher disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- F15On April 18, 2016, this fund received an in-kind distribution from Draper Fisher Jurvetson Fund X, L.P. of that number of shares set forth in column 4. Mr. Fisher is one of several managing directors of the general partner entities of these funds that directly hold shares and as such Mr. Fisher may be deemed to have voting and investment power with respect to such shares. Mr. Fisher disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- F16These shares are owned directly by Draper Fisher Jurvetson Fund IX Partners, L.P.
- F17These shares are owned directly by Draper Fisher Jurvetson Fund X Partners, L.P.
- F18These shares are owned directly by John Fisher and Jennifer Caldwell Living Trust dated 1/7/00, as amended and restated on 3/27/08. Mr. Fisher disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- F19These shares are owned directly by JHNF Investment LLC. Mr. Fisher disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- F2These shares are owned directly by Draper Fisher Jurvetson Fund IX, L.P.
- F20These shares are owned directly by Draper Fisher Jurvetson Growth Fund 2006 Partners, L.P.
- F21On April 18, 2016, this fund received an in-kind distribution from Draper Fisher Jurvetson Growth Fund 2006, L.P. of that number of shares set forth in column 4. Mr. Fisher is one of several managing directors of the general partner entities of these funds that directly hold shares and as such Mr. Fisher may be deemed to have voting and investment power with respect to such shares. Mr. Fisher disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- F3These shares are owned directly by Draper Fisher Jurvetson Fund X, L.P.
- F4These shares are owned directly by Draper Fisher Jurvetson Growth Fund 2006, L.P.
- F5These shares are owned directly by Draper Fisher Jurvetson Partners X, LLC.
- F6These shares are owned directly by Draper Fisher Jurvetson Partners IX, LLC.
- F7These shares are owned directly by Draper Fisher Jurvetson Partners Growth Fund 2006, LLC.
- F8On April 18, 2016, received the shares set forth in column 4 in connection with the distributions described in footnote 1 above. Represents shares held by the J. Fisher and J Caldwell Living Trust of which the reporting person is a co-trustee.
- F9Represents 177,612 shares held of record by Draper Associates, L.P., 160,396 shares held of record by Draper Associates Riskmasters Fund, LLC, and 61,375 shares held of record by Draper Associates Riskmasters Fund III, LLC.
Remarks
Form 1 of 2