Sec Form 4 Filing - Worldview Equity I, L.L.C. @ OOMA INC - 2017-01-19

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Worldview Equity I, L.L.C.
2. Issuer Name and Ticker or Trading Symbol
OOMA INC [ OOMA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
99 ALMADEN BLVD, 6TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
01/19/2017
(Street)
SAN JOSE, CA95113
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/19/2017 S( 1 ) 20,655 D $ 8.3 21,661 I By Worldview Strategic Partners IV, L.P. ( 2 )
Common Stock 01/19/2017 S( 1 ) 454,814 D $ 8.3 476,965 I By Worldview Technology International IV, L.P. ( 3 )
Common Stock 01/19/2017 S( 1 ) 2,799,531 D $ 8.3 2,935,884 I By Worldview Technology Partners IV, L.P. ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Worldview Equity I, L.L.C.
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X
WORLDVIEW TECHNOLOGY INTERNATIONAL IV, L.P.
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X
WORLDVIEW STRATEGIC PARTNERS IV LP
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X
WEI JAMES
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X X
Orsak Michael
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X
WORLDVIEW TECHNOLOGY PARTNERS IV LP
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X
Tanaka Susumu
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X
Worldview Capital IV, L.P.
99 ALMADEN BLVD
6TH FLOOR
SAN JOSE, CA95113
X
Signatures
/s/ James N. Strawbridge, as attorney-in-fact for Worldview Equity I, L.L.C. 01/19/2017
Signature of Reporting Person Date
/s/ James N. Strawbridge, as attorney-in-fact for Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P., the general partner of Worldview Technology International IV, L.P. 01/19/2017
Signature of Reporting Person Date
/s/ James N. Strawbridge, as attorney-in-fact for Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P., the general partner of Worldview Strategic Partners IV, L.P. 01/19/2017
Signature of Reporting Person Date
/s/ James N. Strawbridge, as attorney-in-fact for James Wei 01/19/2017
Signature of Reporting Person Date
/s/ James N. Strawbridge, as attorney-in-fact for Michael Orsak 01/19/2017
Signature of Reporting Person Date
/s/ James N. Strawbridge, as attorney-in-fact for Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P., the general partner of Worldview Technology Partners IV, L.P. 01/19/2017
Signature of Reporting Person Date
/s/ James N. Strawbridge, as attorney-in-fact for Susumu Tanaka 01/19/2017
Signature of Reporting Person Date
/s/ James N. Strawbridge, as attorney-in-fact for Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P. 01/19/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares sold pursuant to that certain Purchase Agreement, dated as of January 12, 2017 by and among the Issuer, B. Riley & Co., LLC, Worldview Technology Partners IV, L.P., Worldview Technology International IV, L.P. and Worldview Strategic Partners IV, L.P. (the "Transaction"). The Transaction closed on January 19, 2017.
( 2 )Shares held directly by Worldview Strategic Partners IV, L.P. ("Strategic IV"). Worldview Capital IV, L.P., the general partner of Strategic IV, and Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P., may each be deemed to have sole voting and dispositive power over the shares held by Strategic IV. James Wei, Michael Orsak and Susumu Tanaka are the managing members of Worldview Equity I, L.L.C. and may be deemed to share voting and dispositive power over the shares held by Strategic IV. Such persons and entities disclaim beneficial ownership of shares held by Strategic IV, except to the extent of any pecuniary interest therein.
( 3 )Shares held directly by Worldview Technology International IV, L.P. ("International IV"). Worldview Capital IV, L.P., the general partner of International IV, and Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P., may each be deemed to have sole voting and dispositive power over the shares held by International IV. James Wei, Michael Orsak and Susumu Tanaka are the managing members of Worldview Equity I, L.L.C. and may be deemed to share voting and dispositive power over the shares held by International IV. Such persons and entities disclaim beneficial ownership of shares held by International IV, except to the extent of any pecuniary interest therein.
( 4 )Shares held directly by Worldview Technology Partners IV, L.P. ("Technology IV"). Worldview Capital IV, L.P., the general partner of Technology IV, and Worldview Equity I, L.L.C., the general partner of Worldview Capital IV, L.P., may each be deemed to have sole voting and dispositive power over the shares held by Technology IV. James Wei, Michael Orsak and Susumu Tanaka are the managing members of Worldview Equity I, L.L.C. and may be deemed to share voting and dispositive power over the shares held by Technology IV. Such persons and entities disclaim beneficial ownership of shares held by Technology IV, except to the extent of any pecuniary interest therein.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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