Filing Details

Accession Number:
0001181431-14-031167
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-04 19:35:04
Reporting Period:
2014-09-02
Filing Date:
2014-09-04
Accepted Time:
2014-09-04 19:35:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1383871 Lifelock Inc. LOCK Services-Computer Processing & Data Preparation (7374) 562508977
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1362888 Bessemer Venture Partners Co-Investment L.p. C/O Bessemer Venture Partners
1865 Palmer Avenue, Suite 104
Larchmont NY 10538
Yes No Yes No
1362889 L.p. Institutional Vi Partners Venture Bessemer C/O Bessemer Venture Partners
1865 Palmer Avenue, Suite 104
Larchmont NY 10538
Yes No Yes No
1362890 Deer Vi & Co. Llc C/O Bessemer Venture Partners
1865 Palmer Avenue, Suite 104
Larchmont NY 10538
Yes No Yes No
1362891 L.p. Vi Partners Venture Bessemer C/O Bessemer Venture Partners
1865 Palmer Avenue, Suite 104
Larchmont NY 10538
Yes No Yes 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 Acquisiton 2014-09-02 83,333 $4.50 10,462,574 No 4 X Indirect See Footnotes
Common Stock Disposition 2014-09-02 83,333 $14.79 10,379,241 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Indirect See Footnotes
No 4 S Indirect See Footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Warrant (Right to Buy) Disposition 2014-09-02 83,333 $0.00 83,333 $4.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2007-12-19 No 4 X Indirect
Footnotes
  1. On September 2, 2014, Bessemer Venture Partners VI L.P. ("BVP VI"), Bessemer Venture Partners Co-Investment L.P. ("BVP Co") and Bessemer Venture Partners VI Institutional L.P. ("BVP VI Inst" and, collectively with BVP VI and BVP VI Co, the "Funds") exercised warrants to purchase shares of common stock (the "Shares") from the Issuer at a price of $4.50 per share (the "Common Stock Warrants"). Upon exercise, BVP VI, BVP Co and BVP VI Inst acquired 61,562, 20,729 and 1,042 Shares respectively. After the exercise, BVP VI held 7,838,469 Shares, BVP Co held 2,537,519 Shares, and BVP VI Inst held 86,586 Shares.
  2. On September 2, 2014, BVP VI sold 62,439 Shares, BVP Co sold 20,207 Shares, and BVP VI Inst sold 687 Shares.
  3. As result of the reported transactions, BVP VI now holds 7,776,030 Shares, BVP Co holds 2,517,312 Shares, and BVP VI Inst holds 85,899 Shares.
  4. The price reported represents the weighted average sale price of the shares sold. The prices of the shares sold in the Reported Transaction ranged from $14.715 to $14.885. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the Issuer or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
  5. Deer VI & Co., LLC is the general partner of the Funds. Deer VI disclaims beneficial ownership of the securities owned directly by the Funds, and this report shall not be deemed as an admission that Deer VI is the beneficial owner of such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its general partner interests in the Funds.
  6. David Cowan, an executive manager of Deer VI, serves as the representative of BVP VI, BVP Co, BVP VI Inst, and Deer VI on the Issuer's board of directors.
  7. BVP VI held a Common Stock Warrant to purchase 61,562 Shares. BVP Co-Investment held a Common Stock Warrant to purchase 20,729 Shares. BVP Institutional held a Common Stock Warrant to purchase 1,042 Shares.
  8. The earlier of (a) December 19, 2014, or (b) the sale, conveyance or disposal of all or substantially all of the Issuer's property or business or the Issuer's merger with or into or consolidation with any other corporation (other than a wholly owned subsidiary of the Issuer) or any other transaction or series of related transactions in which more than 50% of the voting power of the Issuer is disposed of, provided that the consideration received by the Funds is entirely in the form of cash and provided further that the foregoing shall not apply to a merger effected exclusively for the purpose of changing the domicile of the Issuer or to any equity financing in which the Issuer is the surviving corporation.