SEC Form 4 · accession 0001179110-19-002822
Acacia Communications, Inc. · ACIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Y Chung
Director
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 6:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001651235
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Feb 26, 2019 | S | 1,300,127 | $52.25 | D | 10,590 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares sold by the following entities: 987,039 shares sold by Summit Partners Venture Capital Fund III-A, L.P., 299,157 shares sold by Summit Partners Venture Capital Fund III-B, L.P., 12,860 shares sold by Summit Investors I, LLC and 1,071 shares sold by Summit Investors I (UK), L.P.
- F2Consists of 4,446 shares and 6,144 restricted stock units held by Peter Y. Chung for the benefit of Summit Partners, L.P.
- F3Summit Partners, L.P. is the managing member of Summit Partners VC III, LLC, which is the general partner of Summit Partners VC III, L.P., which is the general partner of each of Summit Partners Venture Capital Fund III-A, L.P. and Summit Partners Venture Capital Fund III-B, L.P. Summit Master Company, LLC is the managing member of Summit Investors Management, LLC, which is the manager of Summit Investors I, LLC, and the general partner of Summit Investors I (UK), L.P. Summit Master Company, LLC, as the managing member of Summit Investors Management, LLC, has delegated investment decisions, including voting and dispositive power, to Summit Partners, L.P. and its investment committee responsible for voting and investment decisions with respect to the Issuer.
- F4Summit Partners, L.P., through a two-person investment committee responsible for voting and investment decisions with respect to the Issuer, currently comprised of Martin J. Mannion and Peter Y. Chung, has voting and dispositive power over the shares held by each of these entities and therefore may be deemed to beneficially own such shares. Mr. Chung is a member of Summit Master Company, LLC. Each of the entities listed in this report, Mr. Mannion and Mr. Chung expressly disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.