SEC Form 4 · accession 0001593968-18-000703
Veritone, Inc. · VERI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad Steelberg
Officer — CEO, Chairman of the Board · Director · 10% Owner
Period of report
Apr 26, 2018
Accepted (ET)
Apr 27, 2018 · 8:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615165
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Apr 26, 2018 | P | 9,749 | $18.0904 | A | 28,307 | D | |
| Common StockF3 | Apr 26, 2018 | P | 10,251 | $18.6939 | A | 38,558 | D | |
| Common StockF4 | holding | — | — | — | 3,355,387 | I | By Newport Coast Investments, LLC | |
| Common StockF5 | holding | — | — | — | 298,287 | I | By Steel Holdings, LLC | |
| Common StockF6 | holding | — | — | — | 589,968 | I | By NCI Investments, LLC | |
| Common StockF7 | holding | — | — | — | 215,921 | I | By Steel Veritone Fund I, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction was effected pursuant to a Rule 10b5-1 Trading Plan adopted by reporting person on March 15, 2018.
- F2Reflects the weighted-average purchase price for an aggregate of 9,749 shares purchased in multiple transactions at prices ranging from $17.57 to $18.47 per share. Reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F3Reflects the weighted-average purchase price for an aggregate of 10,251 shares purchased in multiple transactions at prices ranging from $18.50 to $18.85 per share. Reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F4Shares are held by Newport Coast Investments, LLC. The grantor trust of reporting person (of which reporting person is a trustee) is a managing member of Newport Coast Investments, LLC and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F5Shares are held by Steel Holdings, LLC. Reporting person is the Manager and member of Steel Holdings, LLC and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F6Shares are held by NCI Investments, LLC ("NCI"). Reporting person is the Manager of NCI (and his grantor trust owns 50% of the membership interests in NCI) and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F7Shares are held by Steel Veritone Fund I, LLC ("SVF"). Reporting person is the Manager of SVF (and his grantor trust owns 50% of the membership interests in SVF) and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.