(1) |
3,733,342 shares are held of record by Insight Venture Partners Coinvestment Fund III, L.P. (“IVP Coinvestment III”). 2,701,933 shares held of record by Insight Venture Partners Coinvestment Fund (Delaware) III, L.P. (“IVP Coinvestment Delaware III”). IVP Coinvestment III and IVP Coinvestment Delaware III are together referred to as the “Insight Coinvestment III Funds.”
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(2) |
Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, pursuant to the Issuer's Restated Certificate of Incorporation (the "Post-Effective Certificate") that will be effective upon the consummation of the Issuer's initial public offering, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon the transfer, whether or not for value, to any transferee who is not a “Permitted Transferee”, as defined in the Issuer's Post-Effective Certificate. The shares of Class B Common Stock have no expiration date.
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(3) |
Each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon the earliest to occur of the following: (a) the date specified by a vote of the holders of 66 2/3% of the outstanding shares of Class B Common Stock, (b) March 23, 2027, and (c) the date the shares of Class B Common Stock cease to represent at least 10% of all outstanding shares of Common Stock. The shares of Class A Common Stock and Class B Common Stock have no expiration date.
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(4) |
Each share of Series B Preferred Stock and Series C Preferred Stock will be automatically converted into one (1) share of Class B Common Stock immediately prior to the consummation of the issuer’s initial public offering.
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(5) |
2,558,905 shares are held of record by IVP Coinvestment III. 1,851,959 shares held of record by IVP Coinvestment Delaware III. See footnote (1) above for a description of the relationship among the Insight Funds, IVA Coinvestment III and IVA Coinvestment III Ltd.
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(6) |
643,689 shares are held of record by IVP Coinvestment III. 465,856 shares held of record by IVP Coinvestment Delaware III. See footnote (1) above for a description of the relationship among the Insight Funds, IVA Coinvestment III and IVA Coinvestment III Ltd.
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(7) |
530,748 shares are held of record by IVP Coinvestment III. 384,188 shares held of record by IVP Coinvestment Delaware III. See footnote (1) above for a description of the relationship among the Insight Funds, IVA Coinvestment III and IVA Coinvestment III Ltd.
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1. |
Insight Venture Associates Coinvestment III, Ltd.
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