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CROSSLINK VENTURES IV LP 4

Accession 0001140361-11-033882

CIK 0001230276other
View on SEC.govCompany Profile

Filed

Jun 21, 8:00 PM ET

Accepted

Jun 22, 6:38 PM ET

Size

36.2 KB

Accession

0001140361-11-033882

Insider Transaction Report

Form 4
Period: 2011-06-20
Pandora Media, Inc.P
CROSSLINK CAPITAL INC
10% OwnerOther
Transactions
  • Conversion

    Series C Convertible Preferred Stock

    2011-06-20−5,727,847→ 0 total
    Exercise: $0.00→ Common Stock (5,727,847 underlying)
  • Conversion

    Common Stock

    2011-06-20+34,327,579→ 34,964,928 total(indirect: See Notes)
  • Conversion

    Series E Convertible Preferred Stock

    2011-06-20−3,638,947→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (4,296,905 underlying)
  • Conversion

    Series F Convertible Preferred Stock

    2011-06-20−12,653,323→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (12,653,323 underlying)
  • Conversion

    Common Stock

    2011-06-20+16,517,959→ 16,517,959 total
  • Conversion

    Series B Convertible Preferred Stock

    2011-06-20−250,000→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (250,000 underlying)
  • Conversion

    Series B Convertible Preferred Stock

    2011-06-20−121,716→ 0 total
    Exercise: $0.00→ Common Stock (121,716 underlying)
  • Conversion

    Series D Convertible Preferred Stock

    2011-06-20−4,871,723→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (5,362,465 underlying)
  • Conversion

    Series D Convertible Preferred Stock

    2011-06-20−2,194,724→ 0 total
    Exercise: $0.00→ Common Stock (2,415,886 underlying)
  • Conversion

    Series E Convertible Preferred Stock

    2011-06-20−1,771,685→ 0 total
    Exercise: $0.00→ Common Stock (2,092,023 underlying)
  • Conversion

    Series C Convertible Preferred Stock

    2011-06-20−11,764,706→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (11,764,706 underlying)
  • Conversion

    Series F Convertible Preferred Stock

    2011-06-20−6,160,487→ 0 total
    Exercise: $0.00→ Common Stock (6,160,487 underlying)
CROSSLINK VENTURES IV HOLDINGS, L.L.C.
10% OwnerOther
Transactions
  • Conversion

    Common Stock

    2011-06-20+16,517,959→ 16,517,959 total
  • Conversion

    Series B Convertible Preferred Stock

    2011-06-20−250,000→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (250,000 underlying)
  • Conversion

    Series B Convertible Preferred Stock

    2011-06-20−121,716→ 0 total
    Exercise: $0.00→ Common Stock (121,716 underlying)
  • Conversion

    Series C Convertible Preferred Stock

    2011-06-20−5,727,847→ 0 total
    Exercise: $0.00→ Common Stock (5,727,847 underlying)
  • Conversion

    Common Stock

    2011-06-20+34,327,579→ 34,964,928 total(indirect: See Notes)
  • Conversion

    Series E Convertible Preferred Stock

    2011-06-20−1,771,685→ 0 total
    Exercise: $0.00→ Common Stock (2,092,023 underlying)
  • Conversion

    Series D Convertible Preferred Stock

    2011-06-20−2,194,724→ 0 total
    Exercise: $0.00→ Common Stock (2,415,886 underlying)
  • Conversion

    Series C Convertible Preferred Stock

    2011-06-20−11,764,706→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (11,764,706 underlying)
  • Conversion

    Series F Convertible Preferred Stock

    2011-06-20−6,160,487→ 0 total
    Exercise: $0.00→ Common Stock (6,160,487 underlying)
  • Conversion

    Series D Convertible Preferred Stock

    2011-06-20−4,871,723→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (5,362,465 underlying)
  • Conversion

    Series E Convertible Preferred Stock

    2011-06-20−3,638,947→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (4,296,905 underlying)
  • Conversion

    Series F Convertible Preferred Stock

    2011-06-20−12,653,323→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (12,653,323 underlying)
CROSSLINK VENTURES IV LP
10% OwnerOther
Transactions
  • Conversion

    Common Stock

    2011-06-20+34,327,579→ 34,964,928 total(indirect: See Notes)
  • Conversion

    Common Stock

    2011-06-20+16,517,959→ 16,517,959 total
  • Conversion

    Series B Convertible Preferred Stock

    2011-06-20−250,000→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (250,000 underlying)
  • Conversion

    Series B Convertible Preferred Stock

    2011-06-20−121,716→ 0 total
    Exercise: $0.00→ Common Stock (121,716 underlying)
  • Conversion

    Series C Convertible Preferred Stock

    2011-06-20−11,764,706→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (11,764,706 underlying)
  • Conversion

    Series C Convertible Preferred Stock

    2011-06-20−5,727,847→ 0 total
    Exercise: $0.00→ Common Stock (5,727,847 underlying)
  • Conversion

    Series D Convertible Preferred Stock

    2011-06-20−2,194,724→ 0 total
    Exercise: $0.00→ Common Stock (2,415,886 underlying)
  • Conversion

    Series E Convertible Preferred Stock

    2011-06-20−3,638,947→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (4,296,905 underlying)
  • Conversion

    Series D Convertible Preferred Stock

    2011-06-20−4,871,723→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (5,362,465 underlying)
  • Conversion

    Series E Convertible Preferred Stock

    2011-06-20−1,771,685→ 0 total
    Exercise: $0.00→ Common Stock (2,092,023 underlying)
  • Conversion

    Series F Convertible Preferred Stock

    2011-06-20−12,653,323→ 0 total(indirect: See Notes)
    Exercise: $0.00→ Common Stock (12,653,323 underlying)
  • Conversion

    Series F Convertible Preferred Stock

    2011-06-20−6,160,487→ 0 total
    Exercise: $0.00→ Common Stock (6,160,487 underlying)
Footnotes (9)
  • [F1]The reporting persons are Crosslink Capital, Inc. ("Crosslink"), Crosslink Ventures IV, L.P., a Delaware limited partnership ("Ventures IV"), Crosslink Omega IV Holdings, L.L.C., ("Omega IV Holdings"), a Delaware limited liability company and the general partner of Ventures IV, and Michael J. Stark. The securities reported as beneficially owned by Crosslink include securities also beneficially owned by Omega IV Holdings, Ventures IV, Mr. Stark and Crossover Fund IV Management, L.L.C., a Delaware limited liability company ("Crossover IV Management"), Crossover Fund V Management, L.L.C., a Delaware limited liability company ("Crossover V Management") and Crosslink Verwaltungs GmbH ("Verwaltungs", and collectively, the "Crosslink Affiliates").
  • [F2]Crosslink is an investment adviser to investment funds, including Ventures IV, of which Omega IV Holdings, Crossover IV Management, Crossover V Management or Verwaltungs is the general partner, manager or holder of Class B Units. Mr. Stark is the control person of Crosslink, Omega IV Holdings, Crossover IV Management, Crossover V Management and Verwaltungs. James Feuille, a shareholder and employee of Crosslink, and a member of Omega IV Holdings, Crossover IV Management and Crossover V Management, is a director of the Issuer and is the representative of Crosslink and the Crosslink Affiliates.
  • [F3]Crosslink and the Crosslink Affiliates disclaim membership in a group within the meaning of Rule 13d-5(b) under the Securities Exchange Act of 1934, as amended. These securities are held directly by investment funds, including Ventures IV, to which Crosslink is investment adviser for the benefit of the investors in those funds. These securities are indirectly beneficially owned by Crosslink in such capacity as investment adviser, by Omega IV Holdings, Crossover IV Management, Crossover V Management and Verwaltungs as the general partner, manager or holder of Class B Units of one or more of those funds, and by Mr. Stark as the control person of those entities. Crosslink and the Crosslink Affiliates disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.
  • [F4]These shares were issued on the automatic conversion of the Issuer's Convertible Preferred Stock that occured on the closing of the Issuer's initial public offering.
  • [F5]Each share automatically converted into the Issuer's common stock on a 1:1 basis on the completion of the Issuer's initial public offering.
  • [F6]Each share automatically converted into the Issuer's common stock on a 1:1.10077 basis on the completion of the Issuer's initial public offering.
  • [F7]Each share automatically converted into the Issuer's common stock on a 1:1.18081 basis on the completion of the Issuer's initial public offering.
  • [F8]These securities were automatically convertible on the closing of the Issuer's initial public offering and did not have an expiration date.
  • [F9]These securities are held directly by Ventures IV and are included in the securities held indirectly by the other Crosslink Affiliates.

Documents

1 file

Issuer

Pandora Media, Inc.

CIK 0001230276

→
Entity typeother

Related Parties

1
  • filerCIK 0001242235

Filing Metadata

Form type
4
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 6:38 PM ET
Size
36.2 KB
View on SEC.gov