SEC Form 4 · accession 0001140361-15-021927

YuMe Inc · YUME

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Ping Li

Director

Period of report

May 22, 2015

Accepted (ET)

May 27, 2015 · 5:28 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001415624

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	May 22, 2015	M	13,257	$0.00	A	13,257	D
Common Stock^F1	holding	—	—		—	2,084,249	I	By Accel IX L.P.
Common Stock^F2	holding	—	—		—	222,043	I	By Accel IX Strategic Partners L.P.
Common Stock^F3	holding	—	—		—	197,010	I	By Accel Investors 2006 L.L.C.
Common Stock^F4	holding	—	—		—	52,403	I	By Li Family Trust, dated July 24, 2009

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F5,F6	—	May 22, 2015	M	13,257	D	—	—	Common Stock	13,257	0	D
Director Stock Option (right to buy)^F7	$5.10	May 22, 2015	A	31,238	A	—	May 21, 2025	Common Stock	31,238	31,238	D

Explanation of responses

F1The securities are held by Accel IX L.P. ("A9"). Ping Li, a director of the Issuer, may be deemed to indirectly share ownership or control of the shares held of record by A9. Accel IX Associates L.L.C. ("A9A") is the general partner of A9 and has sole voting and investment power over the shares held by A9. Each of Mr. Li and A9A disclaims beneficial ownership of all shares held by A9 except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F2The securities are held by Accel IX Strategic Partners, L.P. ("A9SP"). Ping Li, a director of the Issuer, may be deemed to indirectly share ownership or control of the shares held of record by A9SP. A9A is the general partner of A9SP and has sole voting and investment power over the shares held by A9SP. Each of Mr. Li and A9A disclaims beneficial ownership of all shares held by A9SP except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F3The securities are held by Accel Investors 2006 L.L.C. ("AI2006"). Ping Li, a director of the Issuer, may be deemed to indirectly share ownership or control of the shares held of record by AI2006. Mr. Li disclaims beneficial ownership of all shares held by AI2006 except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F4The securities are held by Li Family Trust, dated July 24, 2009 (the "Trust"). Ping Li, a director of the Issuer, is a trustee of the Trust. Mr. Li disclaims beneficial ownership of all shares held by the Trust except to the extent of his pecuniary interest therein.
F5Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F6As previously reported on May 22, 2014 the Reporting Person was granted 13,257 restricted stock units, all of which vested on May 22, 2015.
F7On May 22, 2015 the Reporting Person was granted 31,238 stock options, all of which will vest and be exercisable on May 22, 2016.