Edenbrook Capital, LLC - Jun 13, 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
Jun 13, 2022
Transactions value $
$123,348
Form type
4
Date filed
6/15/2022, 04:42 PM
Previous filing
May 24, 2022
Next filing
Jun 21, 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 $65.10 +10 +0% $6.51 4.78M Jun 13, 2022 See footnotes F1
transaction BCOV Common Stock, par value $0.0001 Purchase $43.4K +6.7K +0.14% $6.47 4.79M Jun 14, 2022 See footnotes F1
transaction BCOV Common Stock, par value $0.0001 Purchase $65.1K +10K +0.21% $6.51 4.8M Jun 14, 2022 See footnotes F1
transaction BCOV Common Stock, par value $0.0001 Purchase $14.8K +2.3K +0.05% $6.43 4.8M Jun 15, 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 Jun 13, 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.