0001593968-20-001815.txt : 20200831 0001593968-20-001815.hdr.sgml : 20200831 20200831183148 ACCESSION NUMBER: 0001593968-20-001815 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200827 FILED AS OF DATE: 20200831 DATE AS OF CHANGE: 20200831 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Steelberg Ryan CENTRAL INDEX KEY: 0001705446 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38093 FILM NUMBER: 201152880 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 2020-08-27 0001615165 Veritone, Inc. VERI 0001705446 Steelberg Ryan C/O VERITONE, INC. 575 ANTON BOULEVARD COSTA MESA CA 92626 true true true false President Common Stock 132097 I Held by Living Trust Common Stock 215921 I Held by Steel Veritone Fund I, LLC Common Stock 212633 D Common Stock 2003349 I Held by RVH, LLC Stock Option (right to buy) 21.25 2020-08-27 4 D false 1357425 D 2028-05-06 Common Stock 1357425 0 D Stock Option (right to buy) 11.97 2020-08-27 4 A false 1357425 A 2028-05-06 Common Stock 1357425 1357425 D Shares are held by reporting person as trustee of a living trust. Shares are held by Steel Veritone Fund I, LLC ("SVF"). The grantor trust of reporting person 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. Shares are held by RVH, LLC, a limited liability company. Reporting person is the sole manager and member of RVH, LLC. The exercise price of the performance-based stock option granted to reporting person on May 6, 2018 has been reduced from $21.25 to $11.97 per share pursuant to an amendment approved by the issuer's Board of Directors on August 27, 2020 (which amendment was approved by the issuer's stockholders on July 24, 2020). Such amendment is deemed a cancellation of an existing option and grant of a new option, as reflected in this Form 4. Stock option was to become exercisable in three equal tranches based on the achievement of stock price goals for the issuer's common stock. See explanation regarding the deemed cancellation of this option in footnote (4), and see footnote (6) for the vesting conditions applicable to the new performance-based stock option. Stock option will become exercisable in three equal tranches based on the achievement of stock price goals for the common stock of the issuer of $17.50 per share, $22.50 per share and $27.50 per share, respectively, subject to the continuous service of reporting person with the issuer. /s/Jeffrey B. Coyne, as attorney-in-fact for reporting person 2020-08-31