Filing Details

Accession Number:
0001230276-14-000109
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-05 16:36:44
Reporting Period:
2014-09-04
Filing Date:
2014-09-05
Accepted Time:
2014-09-05 16:36:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1230276 Pandora Media Inc. P Radio Broadcasting Stations (4832) 943352630
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1195065 M Robert Kavner Pandora Media, Inc.
2101 Webster Street, Suite 1650
Oakland CA 94612
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-09-04 6,000 $26.56 309,473 No 4 S Indirect By Kavner Partners, a Delaware Multiple Series Limited partnership (Series B)
Common Stock Disposition 2014-09-04 4,000 $26.56 186,931 No 4 S Indirect By trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Kavner Partners, a Delaware Multiple Series Limited partnership (Series B)
No 4 S Indirect By trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 20,669 Direct
Common Stock 31,867 Indirect By trust
Common Stock 31,867 Indirect By trust
Footnotes
  1. Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.76 to $27.28, 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 ranges set forth in footnote (2) to this Form 4.
  3. A portion of these shares are subject to a right of repurchase held by the Issuer.
  4. Robert Kavner is an affiliate of Kavner Partners, a Delaware Multiple Series Limited Partnership (Series B). Mr. Kavner disclaims beneficial ownership with respect to all shares beneficially owned by Kavner Partners, except to the extent of his pecuniary interests therein.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.78 to $27.22, 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 ranges set forth in footnote (5) to this Form 4.
  6. Robert M. Kavner and Allyson P. Kavner, Trustees of Kavner Family Trust - 1999 u/i dtd. May 17, 1999.
  7. Robert M. Kavner, Allyson P. Kavner and Thomas J. Ross, Jr. Trustees of Kathryn Ray Kavner Trust - 2000 u/i dtd. March 14, 2000.
  8. Robert M. Kavner, Allyson P. Kavner and Thomas J. Ross, Jr. Trustees of Reed I. Kavner Trust - 2000 u/i dtd march 14, 2000.