SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SALZMAN ALAN E

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ReachLocal Inc [ RLOC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/17/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
12/21/2015
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
4.00% Convertible Secured Subordinated Notes $5 12/17/2015 P $778,673.79 12/17/2015 04/15/2018 Common Stock 77,431 $778,673.79 $778,673.79 I See footnote(1)(2)
4.00% Convertible Secured Subordinated Notes $5 12/17/2015 P $94,802.68 12/17/2015 04/15/2018 Common Stock 9,427 $94,802.68 $94,802.68 I See footnote(3)(4)
4.00% Convertible Secured Subordinated Notes $5 12/17/2015 P $3,369,732.8 12/17/2015 04/15/2018 Common Stock 335,084 $3,369,732.8 $3,369,732.8 I See footnote(5)(6)
4.00% Convertible Secured Subordinated Notes $5 12/17/2015 P $337,346.03 12/17/2015 04/15/2018 Common Stock 33,545 $337,346.03 $337,346.03 I See footnote(7)(8)
4.00% Convertible Secured Subordinated Notes $5 12/17/2015 P $12,275.81 12/17/2015 04/15/2018 Common Stock 1,221 $12,275.81 $12,275.81 I See footnote(9)(10)
4.00% Convertible Secured Subordinated Notes $5 12/17/2015 P $407,168.89 12/17/2015 04/15/2018 Common Stock 40,489 $407,168.89 $407,168.89 I See footnote(11)(12)
1. Name and Address of Reporting Person*
SALZMAN ALAN E

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VANTAGEPOINT VENTURE PARTNERS III Q L P

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VANTAGEPOINT VENTURE PARTNERS III LP

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VANTAGEPOINT VENTURE PARTNERS IV Q LP

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VANTAGEPOINT VENTURE PARTNERS IV PRINCIPALS FUND LP

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Vantagepoint Venture Partners 2006(Q)LP

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VANTAGEPOINT VENTURE PARTNERS IV LP

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VANTAGEPOINT VENTURE ASSOCIATES III LLC

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VANTAGEPOINT VENTURE ASSOCIATES IV LLC

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
VantagePoint Venture Associates 2006, L.L.C.

(Last) (First) (Middle)
C/O VANTAGEPOINT CAPITAL PARTNERS
1001 BAYHILL DRIVE, SUITE 300

(Street)
SAN BRUNO CA 94066

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 29,421,308 shares outstanding on November 6, 2015, all of the Notes together when issued were convertible into a maximum of 497,197 shares. The Reporting Owner's Note when issued was convertible into a maximum of 77,431 shares.
2. These securities are directly held by VantagePoint Venture Partners III (Q), L.P. VantagePoint Venture Associates III, L.L.C. is the general partner of VantagePoint Venture Partners III (Q), L.P. VantagePoint Venture Associates III, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates III, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.
3. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 29,421,308 shares outstanding on November 6, 2015, all of the Notes together when issued were convertible into a maximum of 497,197 shares. The Reporting Owner's Note when issued was convertible into a maximum of 9,427 shares.
4. These securities are directly held by VantagePoint Venture Partners III, L.P. VantagePoint Venture Associates III, L.L.C. is the general partner of VantagePoint Venture Partners III, L.P. VantagePoint Venture Associates III, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates III, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.
5. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 29,421,308 shares outstanding on November 6, 2015, all of the Notes together when issued were convertible into a maximum of 497,197 shares. The Reporting Owner's Note when issued was convertible into a maximum of 335,084 shares.
6. These securities are directly held by VantagePoint Venture Partners IV (Q), L.P. VantagePoint Venture Associates IV, L.L.C. is the general partner of VantagePoint Venture Partners IV (Q), L.P. VantagePoint Venture Associates IV, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates IV, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.
7. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 29,421,308 shares outstanding on November 6, 2015, all of the Notes together when issued were convertible into a maximum of 497,197 shares. The Reporting Owner's Note when issued was convertible into a maximum of 33,545 shares.
8. These securities are directly held by VantagePoint Venture Partners IV, L.P. VantagePoint Venture Associates IV, L.L.C. is the general partner of VantagePoint Venture Partners IV, L.P. VantagePoint Venture Associates IV, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates IV, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.
9. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 29,421,308 shares outstanding on November 6, 2015, all of the Notes together when issued were convertible into a maximum of 497,197 shares. The Reporting Owner's Note when issued was convertible into a maximum of 1,221 shares.
10. These securities are directly held by VantagePoint Venture Partners IV Principals Fund, L.P. VantagePoint Venture Associates IV, L.L.C. is the general partner of VantagePoint Venture Partners IV Principals Fund, L.P. VantagePoint Venture Associates IV, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates IV, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.
11. The number of shares issuable on conversion of all Notes is subject to a limit which varies over time depending on the Issuer's then-outstanding shares of Common Stock and any other acquisitions of beneficial ownership by a Reporting Owner during the preceding 12 months. Based on 29,421,308 shares outstanding on November 6, 2015, all of the Notes together when issued were convertible into a maximum of 497,197 shares. The Reporting Owner's Note when issued was convertible into a maximum of 40,489 shares.
12. These securities are directly held by VantagePoint Venture Partners 2006 (Q), L.P. VantagePoint Venture Associates 2006, L.L.C. is the general partner of VantagePoint Venture Partners 2006 (Q), L.P. VantagePoint Venture Associates 2006, L.L.C. disclaims beneficial ownership of such securities except to the extent of its pecuniary interest in such securities. Alan E. Salzman, a managing member of VantagePoint Venture Associates 2006, L.L.C., disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.
Alan E. Salzman 02/09/2016
VantagePoint Venture Partners III (Q), L.P., By: VantagePoint Venture Associates III, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Partners III, L.P., By: VantagePoint Venture Associates III, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Partners IV (Q), L.P., By: VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Partners IV Principals Fund, L.P., By: VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Partners 2006 (Q), L.P., By: VantagePoint Venture Associates 2006, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Partners IV, L.P., By: VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Associates III, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Associates IV, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
VantagePoint Venture Associates 2006, L.L.C., By: Alan E. Salzman, Managing Member 02/09/2016
** Signature of Reporting Person Date
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).
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