SEC Form 4 · accession 0001144204-18-060289
On Deck Capital, Inc. · ONDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hartwig
Director
Period of report
Nov 13, 2018
Accepted (ET)
Nov 15, 2018 · 4:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001420811
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 13, 2018 | S | 104,925 | $8.3028 | D | 3,685,978 | I | See footnote |
| Common StockF3,F2 | Nov 14, 2018 | S | 900 | $8.2364 | D | 3,685,078 | I | See footnote |
| Common StockF4 | holding | — | — | — | 286,596 | I | See footnote | |
| Common StockF5 | holding | — | — | — | 63,283 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average price for 104,925 shares sold within the range of $8.20 to $8.41. Information regarding the number of shares sold at each separate price will be made available from the reporting person upon request by the SEC, the issuer or its shareowners.
- F2The reported shares are held of record by Sapphire Ventures Fund I, LP ("Sapphire Ventures LP"). The Reporting Person is a managing member of Sapphire Ventures (GPE) I, L.L.C. ("Sapphire GP") and may be deemed to have an indirect pecuniary interest in such shares through his interest in Sapphire GP. His exact pecuniary interest therein is not readily determinable because it is subject to several variables, including without limitation, the rates of return of Sapphire Ventures LP overall with respect to its indirect investment in the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
- F3Represents the weighted average price for 900 shares sold within the range of $8.21 to $8.27. Information regarding the number of shares sold at each separate price will be made available from the reporting person upon request by the SEC, the issuer or its shareowners.
- F4The reported shares are held of record by Sapphire GP. The Reporting Person is a managing member of Sapphire GP and may be deemed to have an indirect pecuniary interest in such shares through his interest in the Sapphire GP. His exact pecuniary interest therein is not readily determinable because it is subject to several variables, including without limitation, the rates of return of Sapphire Ventures LP overall with respect to its indirect investment in the Issuer. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
- F5This number differs from the previously disclosed number by 30 shares. The discrepancy was caused by a typographical error in a previous filing.