Canaan VIII LP - 18 May 2021 Form 4 Insider Report for Spark Networks SE

Role
10%+ Owner
Signature
Canaan VIII L.P., By: Canaan Partners VIII LLC, its general partner, By: /s/ Nancy Levenson, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
18 May 2021
Net transactions value
-$207,910
Form type
4
Filing time
20 May 2021, 17:20:35 UTC
Previous filing
17 May 2021
Next filing
24 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOV American Depository Shares Sale $73,982 -12,000 -0.41% $6.17* 2,894,952 18 May 2021 Direct F1, F2, F3
transaction LOV American Depository Shares Sale $68,254 -12,000 -0.41% $5.69* 2,882,952 19 May 2021 Direct F1, F3, F4
transaction LOV American Depository Shares Sale $65,674 -12,000 -0.42% $5.47* 2,870,952 20 May 2021 Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each American Depository Share ("ADS") represents 0.1 Ordinary Shares of the Issuer.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.90 - $6.36, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 These shares are held directly by Canaan VIII L.P. (the "Canaan Fund"). The sole general partner of the Canaan Fund is Canaan Partners VIII LLC ("Canaan VIII", and together with the Canaan Fund, the "Canaan Entities"), and each may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Canaan VIII disclaims Section 16 beneficial ownership of the securities held by the Canaan Fund, except to the extent of its pecuniary interest therein, if any.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.57 - $5.95, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.38 - $5.67, inclusive. The reporting persons undertake to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.