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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
YuMe Inc [ YUME ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/22/2015 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | ||||||
Common Stock | 05/22/2015 | M | 13,257 | A | $0 | 13,257 | D | |||
Common Stock | 2,084,249 | I | By Accel IX L.P.(1) | |||||||
Common Stock | 222,043 | I | By Accel IX Strategic Partners L.P.(2) | |||||||
Common Stock | 197,010 | I | By Accel Investors 2006 L.L.C.(3) | |||||||
Common Stock | 52,403 | I | By Li Family Trust, dated July 24, 2009(4) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Restricted Stock Units | (5) | 05/22/2015 | M | 13,257 | (6) | (6) | Common Stock | 13,257 | $0 | 0 | D | ||||
Director Stock Option (right to buy) | $5.1 | 05/22/2015 | A | 31,238 | (7) | 05/21/2025 | Common Stock | 31,238 | $0 | 31,238 | D |
Explanation of Responses: |
1. The securities are held by Accel IX L.P. ("A9"). Ping Li, a director of the Issuer, may be deemed to indirectly share ownership or control of the shares held of record by A9. Accel IX Associates L.L.C. ("A9A") is the general partner of A9 and has sole voting and investment power over the shares held by A9. Each of Mr. Li and A9A disclaims beneficial ownership of all shares held by A9 except to the extent of his or its 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. |
2. The securities are held by Accel IX Strategic Partners, L.P. ("A9SP"). Ping Li, a director of the Issuer, may be deemed to indirectly share ownership or control of the shares held of record by A9SP. A9A is the general partner of A9SP and has sole voting and investment power over the shares held by A9SP. Each of Mr. Li and A9A disclaims beneficial ownership of all shares held by A9SP except to the extent of his or its 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. |
3. The securities are held by Accel Investors 2006 L.L.C. ("AI2006"). Ping Li, a director of the Issuer, may be deemed to indirectly share ownership or control of the shares held of record by AI2006. Mr. Li disclaims beneficial ownership of all shares held by AI2006 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. |
4. The securities are held by Li Family Trust, dated July 24, 2009 (the "Trust"). Ping Li, a director of the Issuer, is a trustee of the Trust. Mr. Li disclaims beneficial ownership of all shares held by the Trust except to the extent of his pecuniary interest therein. |
5. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. |
6. As previously reported on May 22, 2014 the Reporting Person was granted 13,257 restricted stock units, all of which vested on May 22, 2015. |
7. On May 22, 2015 the Reporting Person was granted 31,238 stock options, all of which will vest and be exercisable on May 22, 2016. |
Remarks: |
/s/ Ping Li by Paul Porrini, Attorney-in-Fact | 05/27/2015 | |
** 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). | ||
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. |