Filing Details

Accession Number:
0001179110-11-014389
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-10-21 10:12:09
Reporting Period:
2011-07-21
Filing Date:
2011-10-21
Accepted Time:
2011-10-21 10:12:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1511737 Ubiquiti Networks Inc. UBNT Radio & Tv Broadcasting & Communications Equipment (3663) 320097377
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1296022 Jr James Charles Fitzgerald C/O Summit Partners
222 Berkeley Street, 18Th Floor
Boston MA 02116
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 Acquisiton 2011-10-19 23,992,929 $0.00 23,992,929 No 4 C Indirect See remarks
Common Stock Disposition 2011-10-19 2,841,652 $15.00 21,151,277 No 4 S Indirect See remarks.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See remarks
No 4 S Indirect See remarks.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Preferred Stock Disposition 2011-07-21 12,041,700 $8.97 12,041,700 $0.00
Common Stock Series A Preferred Stock Disposition 2011-10-19 23,992,929 $0.00 23,992,929 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
23,992,929 No 4 D Indirect
0 No 4 C Indirect
Footnotes
  1. Represents shares acquired by the following entities: 14,942,702 shares of common stock in the name of Summit Partners Private Equity Fund VII-A, L.P., 8,974,825 shares of common stock in the name of Summit Partners Private Equity Fund VII-B, L.P., 68,917 shares of common stock in the name of Summit Investors I, LLC and 6,485 shares of common stock in the name of Summit Investors I (UK), L.P.
  2. Represents shares sold by the following entities: 1,769,770 shares of common stock sold by Summit Partners Private Equity Fund VII-A, L.P., 1,062,952 shares of common stock sold by Summit Partners Private Equity Fund VII-B, L.P., 8,162 shares of common stock sold by Summit Investors I, LLC and 768 shares of common stock sold by Summit Investors I (UK), L.P.
  3. Represents shares held by the following entities: 13,172,932 shares of common stock in the name of Summit Partners Private Equity Fund VII-A, L.P., 7,911,873 shares of common stock in the name of Summit Partners Private Equity Fund VII-B, L.P., 60,755 shares of common stock in the name of Summit Investors I, LLC and 5,717 shares of common stock in the name of Summit Investors I (UK), L.P.
  4. The Series A Preferred Stock converted into Ubiquiti Networks, Inc. common stock on a one-for-one basis, and had no expiration date.
  5. Represents shares held by the following entities: 14,942,702 shares of common stock in the name of Summit Partners Private Equity Fund VII-A, L.P., 8,974,825 shares of common stock in the name of Summit Partners Private Equity Fund VII-B, L.P., 68,917 shares of common stock in the name of Summit Investors I, LLC and 6,485 shares of common stock in the name of Summit Investors I (UK), L.P.
  6. Represents shares sold by the following entities to Ubiquiti Networks, Inc.: 7,499,518 shares of common stock sold by Summit Partners Private Equity Fund VII-A, L.P., 4,504,335 shares of common stock sold by Summit Partners Private Equity Fund VII-B, L.P., 34,592 shares of common stock sold by Summit Investors I, LLC and 3,255 shares of common stock sold by Summit Investors I (UK), L.P. On October 3, 2011 Ubiquiti Networks, Inc. completed a 2.5 for one forward stock split of its common and preferred stock. All share and per share information set forth herein has been retroactively adjusted to reflect the split.
  7. On July 21, 2011, Ubiquiti Networks,Inc. repurchase of 12,041,700 shares of its Series A preferred stock from the following entities at a price of $8.97: 7,499,518 shares of common stock sold by Summit Partners Private Equity Fund VII-A, L.P., 4,504,335 shares of common stock sold by Summit Partners Private Equity Fund VII-B, L.P., 34,592 shares of common stock sold by Summit Investors I, LLC and 3,255 shares of common stock sold by Summit Investors I (UK), L.P. On October 3, 2011 Ubiquiti Networks, Inc. completed a 2.5 for one forward stock split of its common and preferred stock. All share and per share information set forth herein has been retroactively adjusted to reflect the split.