0001593968-18-001013.txt : 20180703
0001593968-18-001013.hdr.sgml : 20180703
20180703165053
ACCESSION NUMBER: 0001593968-18-001013
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180507
FILED AS OF DATE: 20180703
DATE AS OF CHANGE: 20180703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Steelberg Chad
CENTRAL INDEX KEY: 0001704669
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38093
FILM NUMBER: 18938089
MAIL ADDRESS:
STREET 1: 3366 VIA LIDO
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92663
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Veritone, Inc.
CENTRAL INDEX KEY: 0001615165
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 471161641
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 575 ANTON BOULEVARD
CITY: COSTA MESA
STATE: CA
ZIP: 92626
BUSINESS PHONE: 888-507-1737
MAIL ADDRESS:
STREET 1: 575 ANTON BOULEVARD
CITY: COSTA MESA
STATE: CA
ZIP: 92626
4
1
primary_01.xml
PRIMARY DOCUMENT
X0306
4
2018-05-07
0001615165
Veritone, Inc.
VERI
0001704669
Steelberg Chad
C/O VERITONE, INC.
575 ANTON BOULEVARD
COSTA MESA
CA
92626
true
true
true
false
CEO, Chairman of the Board
Common Stock
2018-05-07
5
G
false
E
298287
0
D
69984
D
Common Stock
3355387
I
By Newport Coast Investments, LLC
Common Stock
589968
I
By NCI Investments, LLC
Common Stock
215921
I
By Steel Veritone Fund I, LLC
Stock Option (right to buy)
21.25
2018-06-29
4
A
false
1809900
0
A
2028-05-06
Common Stock
1809900
1809900
D
Shares were transferred by reporting person by gift to an irrevocable trust. Reporting person no longer has any pecuniary interest in, or voting or dispositive control over, such shares.
Shares transferred by reporting person by gift consist of all shares that had been held by Steel Holdings, LLC ("Steel Holdings") and previously reported as owned indirectly by reporting person. Such shares were distributed by Steel Holdings to reporting person as its member (representing a change in form of ownership only) prior to such gift.
Shares are held by Newport Coast Investments, LLC. The grantor trust of reporting person (of which reporting person is a trustee) is a managing member of Newport Coast Investments, LLC and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
Shares are held by NCI Investments, LLC ("NCI"). Reporting person is the Manager of NCI (and his grantor trust owns 50% of the membership interests in NCI) and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
Shares are held by Steel Veritone Fund I, LLC ("SVF"). Reporting person is the Manager of SVF (and his grantor trust owns 50% of the membership interests in SVF) and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
Stock option grant was approved by a special committee of the Board of Directors of the issuer on May 6, 2018, subject to approval by stockholders, and was approved by stockholders on June 29, 2018.
Stock option will become exercisable in three equal tranches based on the achievement of stock price goals for the issuer's common stock of $49.15 per share, $98.31 per share and $196.62 per share, respectively, subject to the reporting person's continued service as the issuer's Chief Executive Officer.
Box 3 reflects the date of a gift that is being reported voluntarily on this Form 4. The date of the earliest transaction required to be reported on this Form 4 is June 29, 2018.
/s/Jeffrey B. Coyne, as attorney-in-fact for reporting person
2018-07-03