Edenbrook Capital, LLC - Sep 15, 2021 Form 4 Insider Report for BRIGHTCOVE INC (BCOV)

Role
10%+ Owner
Signature
Edenbrook Capital, LLC; By: /s/ Jonathan Brolin, Managing Member
Stock symbol
BCOV
Transactions as of
Sep 15, 2021
Transactions value $
$474,710
Form type
4
Date filed
9/17/2021, 05:38 PM
Previous filing
Sep 14, 2021
Next filing
Sep 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCOV Common Stock, par value $0.0001 Purchase $104K +9.15K +0.2% $11.39 4.48M Sep 15, 2021 See footnotes F1
transaction BCOV Common Stock, par value $0.0001 Purchase $44K +3.88K +0.09% $11.35 4.49M Sep 16, 2021 See footnotes F1
transaction BCOV Common Stock, par value $0.0001 Purchase $113K +10K +0.22% $11.34 4.5M Sep 17, 2021 See footnotes F1
transaction BCOV Common Stock, par value $0.0001 Purchase $71.1K +6.29K +0.14% $11.30 4.5M Sep 17, 2021 See footnotes F1
transaction BCOV Common Stock, par value $0.0001 Purchase $142K +12.5K +0.28% $11.36 4.52M Sep 17, 2021 See footnotes F1

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 BCOV Put Option (Obligation to Buy) Expiration of short derivative position $0 -4K -100% $0.00* 0 Sep 17, 2021 Common Stock 400K $10.50 See footnote F1, F2
transaction BCOV Put Option (Obligation to Buy) Expiration of short derivative position $0 -4K -100% $0.00* 0 Sep 17, 2021 Common Stock 400K $10.00 See Footnote F1, F2
holding BCOV Put Option (Obligation to Buy) 2K Sep 15, 2021 Common Stock 200K $9.00 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein are held in the accounts of private funds. Edenbrook Capital, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such private funds. Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F2 These option contracts that were written by the private funds of Edenbrook Capital, LLC expired out of the money.