Edenbrook Capital, LLC - May 16, 2022 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: May 16, 2022
Transactions value $: $113,345
Form type: 4
Date filed: 5/18/2022, 04:28 PM
Previous filing: May 9, 2022
Next filing: May 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BCOV	Common Stock, par value $0.0001	Purchase	$110K	+16K	+0.34%	$6.88	4.77M	May 16, 2022	See footnotes	F1
transaction	BCOV	Common Stock, par value $0.0001	Purchase	$3.32K	+485	+0.01%	$6.85	4.77M	May 18, 2022	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
holding	BCOV	Call Option (Right to Buy)						2K	May 16, 2022	Common Stock	200K	$15.00	See Footnote	F1, F2

* 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 4 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	The private funds managed by Edenbrook Capital, LLC bought 2,000 call option contracts expiring in July 2022, which provide that the private funds have the right to buy additional shares of Common Stock at the stated price.

Content

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 4 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.

The private funds managed by Edenbrook Capital, LLC bought 2,000 call option contracts expiring in July 2022, which provide that the private funds have the right to buy additional shares of Common Stock at the stated price.