Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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1
)The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. ( 2 )Represents the weighted average sale price. The lowest price at which shares were sold was $255.64 and the highest price at which shares were sold was $256.57. The Reporting Person undertakes to provide upon request to the staff of the Securities Exchange Commission, the issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the ranges set forth in footnotes (2) and (4) to (12) in this Form 4. ( 3 )These reported securities are held by EZT Trust. The Reporting Person is the settlor of EZT Trust, which is a family trust whose trustee is a member of the Reporting Person's non-immediate family. The Reporting Person disclaims beneficial ownership of the securities held by the EZT Trust except to the extent of the Reporting Person's pecuniary interest therein, if any. ( 4 )Represents the weighted average sale price. The lowest price at which shares were sold was $256.66 and the highest price at which shares were sold was $257.64. ( 5 )Represents the weighted average sale price. The lowest price at which shares were sold was $257.67 and the highest price at which shares were sold was $258.66. ( 6 )Represents the weighted average sale price. The lowest price at which shares were sold was $258.68 and the highest price at which shares were sold was $259.66. ( 7 )Represents the weighted average sale price. The lowest price at which shares were sold was $259.71 and the highest price at which shares were sold was $260.70. ( 8 )Represents the weighted average sale price. The lowest price at which shares were sold was $260.77 and the highest price at which shares were sold was $261.58. ( 9 )Represents the weighted average sale price. The lowest price at which shares were sold was $262.03 and the highest price at which shares were sold was $262.84. ( 10 )Represents the weighted average sale price. The lowest price at which shares were sold was $263.05 and the highest price at which shares were sold was $263.95. ( < /a>11 )Represents the weighted average sale price. The lowest price at which shares were sold was $264.18 and the highest price at which shares were sold was $264.99. ( 12 )Represents the weighted average sale price. The lowest price at which shares were sold was $265.57 and the highest price at which shares were sold was $266.25. ( 13 )These reported securities are held by Andreessen Horowitz LSV Fund I, L.P., for itself and as nominee for the AH LSV Fund I Entities. AH Equity Partners LSV I, L.L.C. ("AH EP LSV I"), the general partner of the AH LSV Fund I Entities, has sole voting and dispositive power with regard to the shares held by the AH LSV Fund I Entities. Marc Andreessen and Ben Horowitz are the managing members of AH EP LSV I and share voting and dispositive power with respect to the shares held by the AH LSV Fund I Entities. ( 14 )The Reporting Person is a member of the general partners of the AH LSV Fund I Entities, but the Reporting Person disclaims the existence of a "group" and disclaims beneficial ownership of the shares held by the AH LSV Fund I Entities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares, except to the extent of the Reporting Person's pecuniary interest therein, if any, by virtue of the Reporting Person's interest in the AH LSV Fund I Entities, and/or the general partner entities thereof, as applicable. ( 15 )These reported securities are held by Gherardesca LLC. The Reporting Person is one of two investment managers of of Gherardesca LLC. As an investment manager, the Reporting Person has shared voting and investment power over the shares held by Gherardesca LLC. ( 16 )The Reporting Person is the settlor and investment trustee of the Gherardesca Annuity Trust. As investment trustee, the Reporting Person has sole voting and investment power over the shares held by the Gherardesca Annuity Trust. |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.