SEC Form 4 · accession 0001408356-15-000030
SOLARCITY CORP · SCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy E Pfund
Director
Period of report
May 8, 2015
Accepted (ET)
May 8, 2015 · 6:03 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,F3 | May 8, 2015 | J | 449,279 | $0.00 | D | 449,279 | I | See Footnotes |
| Common Stock | May 8, 2015 | J | 35,991 | $0.00 | A | 194,208 | I | By Trust |
| Common StockF5 | holding | — | — | — | 928,977 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 38,000 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On May 8, 2015, Bay Area Equity Fund I, L.P. made an in-kind distribution, without any additional consideration, of 449,279 shares of Issuer's Common Stock to its members.
- F2These shares are owned directly by Bay Area Equity Fund I, L.P.
- F3The reporting person is a managing partner of H&Q Venture Management, L.L.C., doing business as DBL Investors LLC, which is the managing member of Bay Area Equity Fund Managers I, L. L.C., the general partner of Bay Area Equity Fund I, L.P. The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- F4Ms. Pfund received 35,991 shares from this distribution, which are held by a related trust.
- F5These shares are owned directly by DBL Equity Fund-BAEF II, L.P.
- F6These shares are owned directly by The Pfund Polakoff 2014 CRUT u/a/d 11/07/14.