0000769993-14-000402.txt : 20140721
0000769993-14-000402.hdr.sgml : 20140721
20140721191529
ACCESSION NUMBER: 0000769993-14-000402
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140717
FILED AS OF DATE: 20140721
DATE AS OF CHANGE: 20140721
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Benefitfocus,Inc.
CENTRAL INDEX KEY: 0001576169
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 462346314
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
BUSINESS PHONE: 843-849-7476
MAIL ADDRESS:
STREET 1: 100 BENEFITFOCUS WAY
CITY: CHARLESTON
STATE: SC
ZIP: 29492
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Zia Raheel
CENTRAL INDEX KEY: 0001586424
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36061
FILM NUMBER: 14985408
MAIL ADDRESS:
STREET 1: C/O GOLDMAN, SACHS & CO.
STREET 2: 200 WEST STREET
CITY: NEW YORK
STATE: NY
ZIP: 10282
4
1
ownershipdoc07122014081011.xml
X0306
4
2014-07-17-04:00
false
0001576169
Benefitfocus,Inc.
BNFT
0001586424
Zia Raheel
C/O GOLDMAN, SACHS & CO.
200 WEST STREET
NEW YORK
NY
10282
true
false
false
false
Common Stock
2014-07-17-04:00
4
P
false
200
40.1
A
11380801
I
See footnotes
Common Stock
2014-07-17-04:00
4
S
false
200
39.57
D
11380601
I
See footnotes
The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
The shares of Common Stock, par value $0.001 per share (the "Common Stock"), of Benefitfocus, Inc. (the "Company"), reported herein as indirectly purchased and sold were beneficially owned directly by Goldman Sachs and indirectly by GS Group. Without admitting any legal obligation, Goldman Sachs or another wholly-owned subsidiary of GS Group will remit appropriate profits, if any, to the Company.
Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 11,380,601 shares of Common Stock by reason of the direct beneficial ownership of such shares by certain limited partnerships (the "Limited Partnerships") because affiliates of Goldman Sachs and GS Group are the general partner, managing limited partner, managing general partner, managing partner, managing member or member of each of the Limited Partnerships. Goldman Sachs also had an open short position of 360 shares of Common Stock, reflecting a change due to an exempt transaction.
/s/ Kevin P. Treanor, Attorney-in-fact
2014-07-21-04:00