SEC Form 4/A · accession 0001306844-15-000003
MAGNITE, INC. · MGNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
CLEARSTONE VENTURE PARTNERS III-A LP
10% Owner
Period of report
May 22, 2015
Accepted (ET)
May 29, 2015 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001595974
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 22, 2015 | J | 618,934 | $0.00 | D | 5,570,406 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 amends the Form 4 filed by Mandal Sumant on May 27, 2015 to (i) reflect that the proper reporting person is Clearstone Venture Partners III-A, L.P., a Delaware limited partnership ("CVP III-A"), and not Mandal Sumant, (ii) correct the transaction date and (iii) reflect that the shares distributed on May 22, 2015 were distributed on a pro rata basis for no consideration.
- F2On May 22, 2015, CVP III-A distributed, for no consideration, 618,934 shares of Common Stock of the Issuer (the "Shares") to one or more limited partners and to Clearstone Venture Management III, LLC, a Delaware limited liability company ("CVM III"), the general partner of the CVP III-A, representing each such partner's pro rata interest in the shares held by the CVP III-A. This distribution was made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.