4//SEC Filing
Benchmark Capital Partners V L P 4
Accession 0000899243-21-024174
CIK 0001600641other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 5:31 PM ET
Size
27.7 KB
Accession
0000899243-21-024174
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying)
BENCHMARK FOUNDERS FUND V LP
10% Owner
Transactions
- Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes)
Transactions
- Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying)
Benchmark Founders' Fund VII-B, L.P.
10% Owner
Transactions
- Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying)
Benchmark Capital Partners V L P
10% Owner
Transactions
- Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying) - Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying)
Benchmark Founders Fund V-A LP
10% Owner
Transactions
- Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying)
Benchmark Capital Partners VII, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying)
Benchmark Founders' Fund VII, L.P.
10% Owner
Transactions
- Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying) - Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes)
Benchmark Founders Fund V-B LP
10% Owner
Transactions
- Conversion
Common Stock
2021-06-14+7,220,666→ 7,220,666 total(indirect: See footnotes) - Conversion
Common Stock
2021-06-14+87,166→ 87,166 total(indirect: See footnotes) - Conversion
Series A Preferred Stock
2021-06-14−7,220,666→ 0 total(indirect: See footnotes)→ Common Stock (7,220,666 underlying) - Conversion
Series B Preferred Stock
2021-06-14−87,166→ 0 total(indirect: See footnotes)→ Common Stock (87,166 underlying)
Footnotes (6)
- [F1]The Issuer's Series A Preferred Stock converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's initial public offering (the "IPO").
- [F2]The shares are held directly by (i) Benchmark Capital Partners V, L.P. ("BCP V") for itself and as nominee for Benchmark Founders' Fund V, L.P. ("BFF V"), Benchmark Founders' Fund V-A, L.P. ("BFF V-A"), Benchmark Founders' Fund V-B, L.P. ("BFF V-B") and related individuals and (ii) Benchmark Capital Partners VII, L.P. ("BCP VII") for itself and as nominee for Benchmark Founders' Fund VII, L.P. ("BFF VII") and Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B"). Benchmark Capital Management Co. V, L.L.C. ("BCMC V"), the general partner of BCP V, BFF V, BFF V-A and BFF V-B, and Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII"), the general partner for BCP VII, BFF VII and BFF VII-B may be deemed to have sole voting and dispositive power over the securities.
- [F3](Continued from Footnote 2) Alexandre Balkanski, Robert C. Kagle, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Mitchell H. Lasky and Steven M. Spurlock are the managing members of BCMC V, and each of them may be deemed to share voting and dispositive power over the securities held by such entities. Matthew R. Cohler, a member of the Issuer's board of directors, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Mitchell H. Lasky and Steven M. Spurlock are the managing members of BCMC VII, and each of them may be deemed to share voting and dispositive power over the securities held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.
- [F4]Consists of 3,610,333 shares held of record by BCP V and 3,610,333 shares held of record by BCP VII.
- [F5]The Issuer's Series B Preferred Stock converted into Common Stock on a 1-for-1 basis immediately prior to the closing of the Issuer's IPO.
- [F6]Consists of 43,583 shares held of record by BCP V and 43,583 shares held of record by BCP VII.
Documents
Issuer
1stdibs.com, Inc.
CIK 0001600641
Entity typeother
Related Parties
1- filerCIK 0001297648
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 5:31 PM ET
- Size
- 27.7 KB