0001209191-13-029368.txt : 20130529 0001209191-13-029368.hdr.sgml : 20130529 20130529170958 ACCESSION NUMBER: 0001209191-13-029368 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130529 FILED AS OF DATE: 20130529 DATE AS OF CHANGE: 20130529 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ADVANCED TECHNOLOGY VENTURES VII LP CENTRAL INDEX KEY: 0001138942 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35940 FILM NUMBER: 13878992 BUSINESS ADDRESS: STREET 1: 281 WINTER ST STREET 2: SUITE 350 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 7812900707 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CHANNELADVISOR CORP CENTRAL INDEX KEY: 0001169652 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 562257867 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2701 AERIAL CENTER PARKWAY CITY: MORRISVILLE STATE: NC ZIP: 27560 BUSINESS PHONE: 919-228-4700 MAIL ADDRESS: STREET 1: 2701 AERIAL CENTER PARKWAY CITY: MORRISVILLE STATE: NC ZIP: 27560 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ATV Entrepreneurs VII, L.P. CENTRAL INDEX KEY: 0001294513 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35940 FILM NUMBER: 13878993 BUSINESS ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-290-0707 MAIL ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Advanced Technology Ventures VII(B), L.P. CENTRAL INDEX KEY: 0001294525 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35940 FILM NUMBER: 13878996 BUSINESS ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-290-0707 MAIL ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Advanced Technology Ventures VII(C), L.P. CENTRAL INDEX KEY: 0001294527 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35940 FILM NUMBER: 13878994 BUSINESS ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-290-0707 MAIL ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ATV Associates VII, L.L.C. CENTRAL INDEX KEY: 0001317308 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35940 FILM NUMBER: 13878997 BUSINESS ADDRESS: STREET 1: BAY COLONY CORPORATE CENTER STREET 2: 1000 WINTER ST., SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: (781) 684-0045 MAIL ADDRESS: STREET 1: BAY COLONY CORPORATE CENTER STREET 2: 1000 WINTER ST., SUITE 3700 CITY: WALTHAM STATE: MA ZIP: 02451 FORMER NAME: FORMER CONFORMED NAME: ATV Associates VIII, L.L.C. DATE OF NAME CHANGE: 20050210 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2013-05-29 0 0001169652 CHANNELADVISOR CORP ECOM 0001317308 ATV Associates VII, L.L.C. 500 BOYLSTON ST., SUITE 1380 BOSTON MA 02116 0 0 1 0 0001294525 Advanced Technology Ventures VII(B), L.P. 500 BOYLSTON ST., SUITE 1380 BOSTON MA 02116 0 0 1 0 0001294527 Advanced Technology Ventures VII(C), L.P. 500 BOYLSTON ST., SUITE 1380 BOSTON MA 02116 0 0 1 0 0001294513 ATV Entrepreneurs VII, L.P. 500 BOYLSTON ST., SUITE 1380 BOSTON MA 02116 0 0 1 0 0001138942 ADVANCED TECHNOLOGY VENTURES VII LP 500 BOYLSTON ST., SUITE 1380 BOSTON MA 02116 0 0 1 0 Common Stock 2013-05-29 4 C 0 2495895 A 2495895 I By Funds Series A Preferred Stock 2013-05-29 4 C 0 3065080 0.00 D Common Stock 191565 0 I By Funds Series B Preferred Stock 2013-05-29 4 C 0 24052539 0.00 D Common Stock 1503282 0 I By Funds Series B-1 Preferred Stock 2013-05-29 4 C 0 1000000 0.00 D Common Stock 62498 0 I By Funds Warrant to Purchase Series C Preferred Stock (right to buy) 0.685 2013-05-29 4 X 0 124150 0.00 D 2008-05-30 Series C Preferred Stock 124150 0 I By Funds Series C Preferred Stock 2013-05-29 4 X 0 124150 0.685 A Common Stock 7758 11914029 I By Funds Series C Preferred Stock 2013-05-29 4 S 0 97194 0.875 D Common Stock 6074 11816835 I By Funds Series C Preferred Stock 2013-05-29 4 C 0 11816835 0.00 D Common Stock 738550 0 I By Funds The total represents shares received upon conversion of shares of Series A, Series B, Series B-1 and Series C convertible preferred stock. Each share of convertible preferred stock was convertible, at any time, at the holder's election, into the issuer's common stock on a 1-for-16 basis. Effective immediately prior to the closing of the issuer's initial public offering of its common stock, each share of convertible preferred stock automatically converted into one-sixteenth of one share of common stock. The convertible preferred stock had no expiration date. ATV Associates VII, L.L.C. ("ATV LLC") is the general partner of Advanced Technology Ventures VII, L.P. ("ATV VII"), Advanced Technology Ventures VII (B), L.P. ("ATV VIIB"), Advanced Technology Ventures VII (C), L.P. ("ATV VIIC") and ATV Entrepreneurs VII, L.P. ("ATVE VII" and, together with ATV VII, ATV VIIB and ATV VIIC, the "Funds"). ATV LLC disclaims beneficial ownership of the securities owned directly by the Funds, and this report shall not be deemed to be an admission that ATV LLC is the beneficial owner of such securities, except to the extent of its pecuniary interest therein, if any, by virtue of its general partner interests in the Funds. Robert Hower, a managing director of ATV LLC, serves on the issuer's board of directors. ATV VII owns 2,342,738 shares of common stock. ATV VIIB owns 94,011 shares of common stock. ATV VIIC owns 45,187 shares of common stock. ATVE VII owns 13,959 shares of common stock. The number of underlying shares of common stock reported reflects a 1-for-16 reverse stock split of the issuer's common stock effected on May 9, 2013. ATV VII owns 179,811 shares of common stock. ATV VIIB owns 7,215 shares of common stock. ATV VIIC owns 3,468 shares of common stock. ATVE VII owns 1,071 shares of common stock. ATV VII owns 1,411,033 shares of common stock. ATV VIIB owns 56,624 shares of common stock. ATV VIIC owns 27,217 shares of common stock. ATVE VII owns 8,408 shares of common stock. ATV VII owns 58,664 shares of common stock. ATV VIIB owns 2,354 shares of common stock. ATV VIIC owns 1,131 shares of common stock. ATVE VII owns 349 shares of common stock. This warrant expires upon an initial public offering of the issuer's securities. ATV VII owned warrants to purchase 116,533 shares. ATV VIIB owned warrants to purchase 4,676 shares. ATV VIIC owned warrants to purchase 2,247 shares. ATVE VII owned warrants to purchase 694 shares. On May 29, 2013, the Funds exercised warrants to purchase 124,150 shares of the issuer's Series C convertible preferred stock for $0.685 per share. The Funds paid the exercise price on a cashless basis, resulting in the issuer's withholding of 97,194 of the Series C convertible preferred shares to pay the exercise price and issuing to the Funds the remaining 26,956 shares of Series C convertible preferred stock. ATV VII owns 693,230 shares of common stock. ATV VIIB owns 27,818 shares of common stock. ATV VIIC owns 13,371 shares of common stock. ATVE VII owns 4,131 shares of common stock. /s/ Robert Hower, as Managing Director of ATV Associates VII, L.L.C. 2013-05-29 /s/ Robert Hower, as Managing Director of ATV Associates VII, L.L.C., the general partner of Advanced Technology Ventures VII (B), L.P. 2013-05-29 /s/ Robert Hower, as Managing Director of ATV Associates VII, L.L.C., the general partner of Advanced Technology Ventures VII (C), L.P. 2013-05-29 /s/ Robert Hower, as Managing Director of ATV Associates VII, L.L.C., the general partner of ATV Entrepreneurs VII, L.P. 2013-05-29 /s/ Robert Hower, as Managing Director of ATV Associates VII, L.L.C., the general partner of Advanced Technology Ventures VII, L.P. 2013-05-29