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GREEN DOT CORP — Director's Dealing 2014
Nov 5, 2014
32420_dirs_2014-11-05_621333ff-4eba-47af-86d8-00df3e81aa3f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GREEN DOT CORP (GDOT)
CIK: 0001386278
Period of Report: 2014-11-03
Reporting Person: MORITZ MICHAEL J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-11-03 | Class A Common Stock | J | 616773 | $0.00 | Disposed | 1254553 | Indirect |
| 2014-11-03 | Class A Common Stock | J | 111628 | $0.00 | Acquired | 264905 | Direct |
| 2014-11-03 | Class A Common Stock | J | 84156 | $0.00 | Disposed | 171338 | Indirect |
| 2014-11-03 | Class A Common Stock | J | 23336 | $0.00 | Acquired | 288241 | Direct |
| 2014-11-03 | Class A Common Stock | J | 190972 | $0.00 | Disposed | 191101 | Indirect |
| 2014-11-03 | Class A Common Stock | J | 8529 | $0.00 | Disposed | 8343 | Indirect |
| 2014-11-03 | Class A Common Stock | J | 8529 | $0.00 | Acquired | 8529 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-11-03 | Series A Convertible Junior Participating Preferred Stock | $ | J | 1311.287 | Disposed | Class A Common Stock (1311287) | Indirect | |
| 2014-11-03 | Series A Convertible Junior Participating Preferred Stock | $ | J | 178.727 | Disposed | Class A Common Stock (178727) | Indirect | |
| 2014-11-03 | Series A Convertible Junior Participating Preferred Stock | $ | J | 406.565 | Disposed | Class A Common Stock (406565) | Indirect | |
| 2014-11-03 | Series A Convertible Junior Participating Preferred Stock | $ | J | 17.407 | Disposed | Class A Common Stock (17407) | Indirect | |
| 2014-11-03 | Series A Convertible Junior Participating Preferred Stock | $ | J | 1.432 | Acquired | Class A Common Stock (1432) | Indirect |
Footnotes
F1: Represents a pro rata in-kind distribution of the issuer's Class A Common Stock and Series A Convertible Junior Participating Preferred Stock (the "Series A Stock") to partners or members and includes subsequent distributions by general partners or managing members to their respective partners or members.
F2: Michael Moritz is a managing member of SCFF Management, LLC ("SCFF Management") and is a director of SC US (TTGP), LTD. SCFF Management is the sole general partner of Sequoia Capital Franchise Fund, L.P. and Sequoia Capital Franchise Partners, L.P. SC US (TTGP), LTD. is the sole general partner of SCGF IV Management, L.P., which is the sole general partner of Sequoia Capital US Growth Fund IV LP. and Sequoia Capital USGF Principals Fund IV LP. By virtue of these relationships, Mr. Moritz may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Franchise Fund L.P., Sequoia Capital Franchise Partners L.P., Sequoia Capital US Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P. [continued in footnote 3]
F3: Mr. Moritz disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purposes.
F4: Represents the receipt of shares of the issuer's Class A Common Stock by virtue of the pro rata in-kind distributions described in footnote (1) above from Sequoia Capital Franchise Fund, L.P.
F5: Represents the receipt of shares of the issuer's Class A Common Stock by virtue of the pro rata in-kind distributions described in footnote (1) above from Sequoia Capital Franchise Partners, L.P.
F6: Represents the receipt of shares of the issuer's Class A Common Stock by virtue of the pro rata in-kind distributions described in footnote (1) above from Sequoia Capital USGF Principals Fund IV LP.
F7: Shares held by The Crankstart Foundation. Mr. Moritz may be deemed to beneficially own the shares held by The Crankstart Foundation. Mr. Moritz disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
F8: The Series A Stock is convertible into the issuer's Class A Common Stock on the basis of 1,000 shares of Class A Common Stock for each share of Series A Stock, and may by converted only in connection with transfers to unaffiliated third parties. The Series A Stock has no expiration date.
F9: Represents the receipt of shares of the issuer's Series A Stock by virtue of the pro rata in-kind distributions described in footnote (1) above from Sequoia Capital USGF Principals Fund IV LP.