SEC Form 4 · accession 0001209191-16-127112
Groupon, Inc. · GRPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J Barris
Director
Period of report
Jun 8, 2016
Accepted (ET)
Jun 10, 2016 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Jun 8, 2016 | J | 11,000,000 | $0.00 | D | 32,984,956 | I | See Note 2 |
| Class A Common StockF4 | Jun 8, 2016 | J | 3,377,000 | $0.00 | A | 3,377,000 | I | See Note 4 |
| Class A Common StockF4 | Jun 8, 2016 | J | 3,377,000 | $0.00 | D | 0 | I | See Note 4 |
| Class A Common StockF7 | Jun 8, 2016 | J | 148,044 | $0.00 | A | 167,220 | I | See Note 7 |
| Class A Common StockF9 | Jun 8, 2016 | J | 45,401 | $0.00 | A | 51,283 | I | See Note 9 |
| Class A Common StockF11 | Jun 8, 2016 | J | 618,665 | $0.00 | A | 640,045 | I | See Note 11 |
| Class A Common Stock | Jun 8, 2016 | A | 45,991 | $0.00 | A | 116,923 | D | |
| Class A Common StockF13,F11 | Jun 9, 2016 | S | 281,663 | $3.2605 | D | 358,382 | I | See Note 11 |
| Class A Common StockF14,F11 | Jun 10, 2016 | S | 358,382 | $3.1959 | D | 0 | I | See Note 11 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF15 | $0.00 | holding | — | — | — | — | — | Class A Common Stock | 71,581 | 71,581 | D |
Explanation of responses
- F1New Enterprise Associates 12, Limited Partnership ("NEA 12") made a pro rata distribution for no consideration of an aggregate of 11,000,000 shares of Class A Common Stock of the Issuer to its general partner and its limited partners on June 8, 2016.
- F10New Enterprise Associates, LLC ("NEA LLC") received 618,665 shares of Class A Common Stock of the Issuer in the distribution by NEA Partners 12 on June 8, 2016.
- F11The Reporting Person is a member of the Board of Directors of NEA LLC, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities of the Issuer held by NEA LLC in which the Reporting Person has no pecuniary interest.
- F12100% of the restricted stock units granted on June 8, 2016 will vest on June 8, 2017, subject to the Reporting Person's continued service as a director of the Issuer through the vesting date.
- F13The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.22 to $3.285, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (13) to this Form 4.
- F14The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.165 to $3.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (14) to this Form 4.
- F15The Reporting Person received exempt awards of Deferred Stock Units ("DSUs") under the Issuer's Non-Employee Director Compensation Plan. DSUs represent a right to receive shares of the Issuer's Class A Common Stock (or, in the sole discretion of the Issuer's Board of Directors following a change in control, cash, securities or a combination of cash and securities equal to the fair market value thereof) upon termination of service as a Director of the Issuer. The DSUs are vested.
- F2The Reporting Person is a manager of NEA 12 GP, LLC, which is the sole general partner of NEA Partners 12, Limited Partnership ("NEA Partners 12"). NEA Partners 12 is the sole general partner of NEA 12, the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by NEA 12 in which the Reporting Person has no pecuniary interest.
- F3NEA Partners 12 received 3,377,000 shares of Class A Common Stock of the Issuer in the distribution by NEA 12 on June 8, 2016.
- F4The Reporting Person is a manager of NEA 12 GP, the sole general partner of NEA Partners 12. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities of the Issuer held by NEA Partners 12 in which the Reporting Person has no pecuniary interest.
- F5NEA Partners 12 made a pro rata distribution for no consideration of an aggregate of 3,377,000 shares of Class A Common Stock of the Issuer to its limited partners on June 8, 2016.
- F6PJ Barris, LLC received 148,044 shares of Class A Common Stock of the Issuer in the distribution by NEA Partners 12 on June 8, 2016.
- F7The Reporting Person is a member of PJ Barris, LLC, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities of the Issuer held by PJ Barris, LLC in which the Reporting Person has no pecuniary interest.
- F8PDB LLC received 45,401 shares of Class A Common Stock of the Issuer in the distribution by NEA Partners 12 on June 8, 2016.
- F9The Reporting Person is the investment advisor of PDB LLC, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by PDB LLC in which the Reporting Person has no pecuniary interest.