4//SEC Filing
Benchmark Capital Management Co. VII, L.L.C. 4
Accession 0001209191-19-019546
CIK 0001576942other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 6:46 PM ET
Size
30.7 KB
Accession
0001209191-19-019546
Insider Transaction Report
Form 4
Stitch Fix, Inc.SFIX
Transactions
- Conversion
Class A Common Stock
2019-03-12+3,460,060→ 3,460,060 total(indirect: See footnote) - Other
Class A Common Stock
2019-03-12−3,460,060→ 0 total(indirect: See footnote) - Conversion
Class B Common Stock
2019-03-12−3,460,060→ 10,745,420 total(indirect: See footnote)→ Class A Common Stock (3,460,060 underlying) - Conversion
Class A Common Stock
2019-03-12+539,940→ 539,940 total(indirect: See footnote) - Conversion
Class B Common Stock
2019-03-12−539,940→ 1,676,815 total(indirect: See footnote)→ Class A Common Stock (539,940 underlying) - Other
Class A Common Stock
2019-03-12−539,940→ 0 total(indirect: See footnote)
Footnotes (7)
- [F1]Shares are held by Benchmark Capital Partners VII, L.P. ("BCP VII"), as nominee for BCP VII, Benchmark Founders' Fund VII, L.P. ("BFF VII"), Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B") and related persons. Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII"), the general partner of each of BCP VII, BFF VII and BFF VII-B, may be deemed to have sole voting and investment power over such shares. Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Mitchell H. Lasky, Steven M. Spurlock and Eric H. Vishria, the managing members of BCMC VII, may be deemed to share voting and investment power over these shares beneficially held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent such person's or entity's pecuniary interest in such securities).
- [F2]Shares are held by Benchmark Capital Partners VI, L.P. ("BCP VI"), as nominee for BCP VI, Benchmark Founders' Fund VI, L.P. ("BFF VI"), Benchmark Founders' Fund VI-B, L.P. ("BFF VI-B") and related persons. Benchmark Capital Management Co. VI, L.L.C. ("BCMC VI"), the general partner of each of BCP VI, BFF VI and BFF VI-B, may be deemed to have sole voting and investment power over such shares. Alexandre Balkanski, Matthew R. Cohler, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Robert C. Kagle, Mitchell H. Lasky and Steven M. Spurlock, the managing members of BCMC VI, may be deemed to share voting and investment power over these shares beneficially held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent such person's or entity's pecuniary interest in such securities).
- [F3]Represents a pro-rata, in-kind distribution by BCP VII and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
- [F4]Represents a pro-rata, in-kind distribution by BCP VI and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
- [F5]Each share of Class B Common Stock is convertible at any time at the option of the reporting person into one share of Class A Common Stock and has no expiration date. Class B Common Stock will convert automatically into Class A Common Stock on the earlier of (i) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock; (ii) ten years following the effective date of the Issuer's initial public offering; or (iii) the date specified by vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
- [F6]In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock (i) upon any transfer, whether or not for value (subject to certain exceptions), or (ii) in the event of death or disability (as defined in the amended and restated certificate of incorporation of the Issuer) of the reporting person, shares of Class B Common Stock held by the reporting person or the reporting person's permitted estate planning entities will convert into Class A Common Stock.
- [F7]Not applicable.
Documents
Issuer
Stitch Fix, Inc.
CIK 0001576942
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001611050
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 6:46 PM ET
- Size
- 30.7 KB