Bessemer Venture Partners VIII L.P. - Nov 15, 2021 Form 4/A - Amendment Insider Report for Winc, Inc. (WBEVQ)

Role
10%+ Owner
Signature
/s/ Scott Ring, General Counsel, Deer VIII & Co. Ltd., the General Partner of Deer VIII & Co. L.P., the General Partner of Bessemer Venture Partners VIII Institutional L.P.
Stock symbol
WBEVQ
Transactions as of
Nov 15, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
11/24/2021, 11:25 AM
Date Of Original Report
Nov 17, 2021
Previous filing
Nov 10, 2021
Next filing
Nov 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WBEVQ Common Stock Conversion of derivative security -1.63M -50% 1.63M Nov 15, 2021 See footnotes F1, F2, F3, F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WBEVQ Series Seed Preferred Stock Conversion of derivative security $0 -162K -100% $0.00* 0 Nov 15, 2021 Common Stock 162K See footnotes F1, F3, F4
transaction WBEVQ Series A Preferred Stock Conversion of derivative security $0 -745K -100% $0.00* 0 Nov 15, 2021 Common Stock 745K See footnotes F1, F3, F5
transaction WBEVQ Series B Preferred Stock Conversion of derivative security $0 -525K -100% $0.00* 0 Nov 15, 2021 Common Stock 525K See footnotes F1, F3, F6
transaction WBEVQ Series B-1 Preferred Stock Conversion of derivative security $0 -203K -100% $0.00* 0 Nov 15, 2021 Common Stock 203K See footnotes F1, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately prior to the completion of the Issuer's initial public offering, each share of Series Seed Preferred Stock, Series A Preferred Stock, Series B Preferred Stock, and Series B-1 Preferred Stock (together, the "Preferred Stock") automatically converted into one share of the Issuer's Common Stock on a 1:1 basis. The Preferred Stock had no expiration date.
F2 After giving effect to the reported conversion Bessemer Venture Partners VIII Institutional L.P. ("Bessemer VIII Institutional"), 15 Angels II LLC ("15 Angels"), GoBlue Ventures LLC ("GoBlue") and Wahoowa Ventures LLC ("Wahoowa") own 461,482 shares of Common Stock, 498,780 shares of Common Stock, 158,297 shares of Common Stock and 515,346 shares of Common Stock, respectively.
F3 Deer VIII & Co. Ltd. ("Deer VIII Ltd.") is the general partner of Deer VIII & Co. L.P. ("Deer VIII L.P."), which is the general partner of (a) Bessemer VIII Institutional, which is the sole member of 15 Angels and GoBlue and (b) Bessemer Venture Partners VIII L.P., which is the sole member of Wahoowa. Deer VIII Ltd. and Deer VIII L.P. disclaim beneficial ownership of the securities held by Bessemer VIII Institutional, 15 Angels, GoBlue, and Wahoowa and this report shall not be deemed an admission that Deer VIII Ltd. and Deer VIII L.P. are the beneficial owners of such securities, except to the extent of their pecuniary interest therein, if any, by virtue of their direct and indirect interests in Bessemer VIII Institutional, 15 Angels, GoBlue and Wahoowa.
F4 Prior to the conversion Bessemer VIII Institutional, 15 Angels, GoBlue and Wahoowa owned 57,500 shares of Series Seed Preferred Stock, 56,513 shares of Series Seed Preferred Stock, 0 shares of Series Seed Preferred Stock and 47,811 shares of Series Seed Preferred Stock, respectively.
F5 Prior to the conversion, Bessemer VIII Institutional, 15 Angels, GoBlue and Wahoowa owned 264,620 shares of Series A Preferred Stock, 260,080 shares of Series A Preferred Stock, 0 shares of Series A Preferred Stock and 220,032 shares of Series A Preferred Stock, respectively.
F6 Prior to the conversion, Bessemer VIII Institutional, 15 Angels, GoBlue and Wahoowa owned 139,362 shares of Series B Preferred Stock, 182,187 shares of Series B Preferred Stock, 47,710 shares of Series B Preferred Stock and 155,550 shares of Series B Preferred Stock, respectively.
F7 Prior to the conversion, Bessemer VIII Institutional, 15 Angels, GoBlue and Wahoowa owned 0 shares of Series B-1 Preferred Stock, 0 shares of Series B-1 Preferred Stock, 110,587 shares of Series B-1 Preferred Stock and 91,953 shares of Series B-1 Preferred Stock, respectively.
F8 On November 17, 2021, the Reporting Persons mistakenly filed a Form 4 under the incorrect CIK code and incorrectly checked the box stating it is no longer subject to Section 16. This Form 4/A serves to correct that filing.