Madrona Venture Fund III L P 4
4 · Apptio Inc · Filed Nov 21, 2017
Insider Transaction Report
Form 4
Apptio IncAPTI
Madrona Venture Fund III L P
10% Owner
Transactions
- Other
Class A Common Stock
2017-11-17−1,150,000→ 0 total(indirect: See footnote) - Conversion
Class A Common Stock
2017-11-17+1,150,000→ 1,150,000 total(indirect: See footnote) - Conversion
Class B Common Stock
2017-11-17−1,150,000→ 4,049,786 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock (1,150,000 underlying)
Footnotes (5)
- [F1]Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the reporting persons.
- [F2]Includes 1,105,824 shares held by Madrona Venture Fund III, L.P. ("Madrona III") and 44,176 shares held by Madrona Venture Fund III-A, L.P. ("Madrona III-A"). Matthew McIlwain (who is a director of the issuer and files separate section 16(a) reports) is a Managing Director of the various entities affiliated with Madrona. Madrona Investment Partners III, L.P. is the general partner of Madrona III and Madrona III-A. Each of the Filing Persons disclaims beneficial ownership of the shares except to the extent of his or its pecuniary interest therein.
- [F3]Represents a pro rata distribution for no consideration to the limited partners and general partners of Madrona III and Madrona III-A.
- [F4]Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a 1-for-1 basis and has no expiration date.
- [F5]Includes 3,894,216 shares held by Madrona III and 155,570 shares held Madrona III-A. Each of the Filing Persons disclaims beneficial ownership of the shares except to the extent of his or its pecuniary interest therein.