Filing Details

Accession Number:
0001181431-12-048227
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-31 14:59:16
Reporting Period:
2012-08-29
Filing Date:
2012-08-31
Accepted Time:
2012-08-31 14:59:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1163932 Active Network Inc ACTV Services-Prepackaged Software (7372) 330884962
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1012837 Stephen L Green C/O Canaan Partners
285 Riverside Avenue, Suite 250
Westport CT 06880
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 2012-08-29 45,000 $11.04 3,344,025 No 4 S Indirect See footnotes
Common Stock Disposition 2012-08-30 40,000 $10.89 3,304,025 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 23,546 Direct
Footnotes
  1. Consists of 1,224 shares held by Canaan Equity II Entrepreneurs, LLC, 15,413 shares held by Canaan Equity II, L.P., 6,894 shares held by Canaan Equity II, L.P. (QP), 773 shares held by Canaan Equity III Entrepreneurs, LLC and 20,696 shares held by Canaan Equity III, L.P.
  2. The prices reported for this transaction range from $11 to $11.095; the reporting person hereby agrees to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. Consists of 78,193 shares held by Canaan Equity II Entrepreneurs LLC, 984,968 shares held by Canaan Equity II L.P., 440,605 shares held by Canaan Equity II L.P. (QP), 49,387 shares held by Canaan Equity III Entrepreneurs LLC, 1,322,556 shares held by Canaan Equity III L.P. and 468,316 shares held by Canaan VII L.P.
  4. Mr. Green, John V. Balen, Deepak Kamra, Gregory Kopchinsky, Guy M. Russo, Eric A. Young (the "Canaan II Individuals"), Charmers Landing LLC ("Charmers"), Stonehenge LLC ("Stonehenge") and Waubeeka LLC ("Waubeeka") are managers of Canaan Equity Partners II LLC which is (a) the sole Manager of Canaan Equity II Entrepreneurs LLC and (b) the sole General Partner of each of Canaan Equity II L.P and Canaan Equity II L.P. (QP). The sole managers of Charmers, Stonehenge and Waubeeka are Mr. Green, Mr. Kopchinsky and Mr. Russo, respectively. Such individuals may be deemed to have shared voting, investment and dispositive power with respect to shares held of record by Canaan Equity II Entrepreneurs LLC, Canaan Equity II, L.P., and Canaan Equity II, L.P. (QP), but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein.
  5. Mr. Green, John V. Balen, Deepak Kamra, Gregory Kopchinsky, Seth A. Rudnick, Guy M. Russo, and Eric A. Young are Managers of Canaan Equity Partners III LLC which is (a) the sole Manager of Canaan Equity III Entrepreneurs LLC and (b) the sole General Partner of Canaan Equity III L.P. Such individuals may be deemed to have shared voting, investment and dispositive power with respect to shares held of record by Canaan Equity III, L.P. and Canaan Equity III Entrepreneurs LLC, but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein.
  6. Brenton K. Ahrens, John V. Balen, Maha S. Ibrahim, Deepak Kamra, Gregory Kopchinsky, Seth A. Rudnick, Guy M. Russo, Eric A. Young, Wende Hutton and Stephen Bloch are Managers of Canaan Partners VII LLC which is the sole General Partner of Canaan VII L.P. Such individuals may be deemed to have shared voting, investment and dispositive power with respect to shares held of record by Canaan VII L.P., but disclaim beneficial ownership of all shares except to the extent of any pecuniary interest therein. Mr. Green is not a member or manager of Canaan Partners VII LLC and does not have a pecuniary interest in the shares held by Canaan VII L.P.
  7. Consists of 1,088 shares held by Canaan Equity II Entrepreneurs, LLC, 13,700 shares held by Canaan Equity II, L.P., 6,128 shares held by Canaan Equity II, L.P. (QP), 688 shares held by Canaan Equity III Entrepreneurs, LLC and 18,396 shares held by Canaan Equity III, L.P.
  8. The prices reported for this transaction range from $10.80 to $11; the reporting person hereby agrees to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  9. Consists of 77,105 shares held by Canaan Equity II Entrepreneurs LLC, 971,268 shares held by Canaan Equity II L.P., 434,477 shares held by Canaan Equity II L.P. (QP), 48,699 shares held by Canaan Equity III Entrepreneurs LLC, 1,304,160 shares held by Canaan Equity III L.P. and 468,316 shares held by Canaan VII L.P.