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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
EPIC VENTURE FUND IV, LLC C/O EPIC VENTURES 15 W. SOUTH TEMPLE #500 SALT LAKE CITY, UT 84101 |
X | |||
ZIONS SBIC LLC C/O EPIC VENTURES 15 W. SOUTH TEMPLE #500 SALT LAKE CITY, UT 84101 |
X | |||
MADSEN KENT C/O EPIC VENTURES 15 W. SOUTH TEMPLE #500 SALT LAKE CITY, UT 84101 |
X | |||
Efstratis E. Nicholaus C/O EPIC VENTURES 15 W. SOUTH TEMPLE #500 SALT LAKE CITY, UT 84101 |
X |
/s/ Kent I. Madsen, Manager of Epic Management Partners, LLC, Investment Manager of Epic Venture Fund IV, LLC | 09/22/2016 | |
**Signature of Reporting Person | Date | |
/s/ Kent I. Madsen, Manager of ZWMC, IV, L.L.C., Investment Manager of Zions SBIC LLC | 09/22/2016 | |
**Signature of Reporting Person | Date | |
/s/ Kent I. Madsen, an individual | 09/22/2016 | |
**Signature of Reporting Person | Date | |
/s/ E. Nicholaus Efstratis, an individual | 09/22/2016 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Epic Management Partners, LLC (EMP) is the investment manager of Epic Venture Fund IV, LLC (EVF IV) and has sole voting and investment power with regard to the shares held directly by EVF IV. E. Nicholaus Efstratis (Mr. Efstratis) and Kent I. Madsen (Mr. Madsen) are the managers of EMP and, therefore, may be deemed to share voting and investment power with regard to the shares held by EVF IV. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose. |
(2) | ZWMC IV, L.L.C. (ZWMC) is the investment manager of Zions SBIC LLC (Zions SBIC) and has sole voting and investment power with regard to the shares held directly by Zions SBIC. Mr. Efstratis and Mr. Madsen are the managers of ZWMC and, therefore, may be deemed to share voting and investment power with regard to the shares held by Zions SBIC. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose. |
(3) | These shares are owned directly by Mr. Madsen. |
(4) | Mr. Efstratis has voting and dispositive power with respect to the shares held by NKE Investments, LLC (NKE Investments). |
(5) | EVF IV sold 25,632 shares of Common Stock of the Issuer at $24.33 per share on September 20, 2016; 92,591 shares of Common Stock of the Issuer at $24.56 per share on September 21, 2016; and 14,104 shares of Common Stock of the Issuer at $25.14 on September 22, 2016. |
(6) | Zions ZBIC sold 11,552 shares of Common Stock of the Issuer at $24.33 per share on September 20, 2016; 41,725 shares of Common Stock of the Issuer at $24.56 per share on September 21, 2016; and 6,355 shares of Common Stock of the Issuer at $25.14 on September 22, 2016. |
(7) | Mr. Madsen sold 375 shares of Common Stock of the Issuer at $24.33 per share on September 20, 2016; 1,356 shares of Common Stock of the Issuer at $24.56 per share on September 21, 2016; and 207 shares at $25.14 on September 22, 2016. |
(8) | NKE Investments sold 375 shares of Common Stock of the Issuer at $24.33 per share on September 20, 2016; 1,356 shares of Common Stock of the Issuer at $24.56 per share on September 21, 2016; and 207 shares of Common Stock of the Issuer at $25.14 on September 22, 2016. |