Sec Form 4 Filing - George Jean @ Zeltiq Aesthetics Inc - 2014-07-31

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
George Jean
2. Issuer Name and Ticker or Trading Symbol
Zeltiq Aesthetics Inc [ ZLTQ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ADVANCED TECHNOLOGY VENTURES, 500 BOYLSTON STREET, SUITE 1380
3. Date of Earliest Transaction (MM/DD/YY)
07/31/2014
(Street)
BOSTON, MA02116
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 07/31/2014 S 18,662 ( 1 ) D $ 20.0905 ( 2 ) 0 I By LLC ( 3 )
Common Stock 07/31/2014 S 10,495 D $ 20.0905 ( 2 ) 0 I By Fund ( 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
George Jean
C/O ADVANCED TECHNOLOGY VENTURES
500 BOYLSTON STREET, SUITE 1380
BOSTON, MA02116
X
Signatures
/s/ Jean George 07/31/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares held by ATV Associates VII, L.L.C. ("ATV LLC") prior to the transactions being reported on this Form 4 reflect the change in form of beneficial ownership of an aggregate of 18,662 shares previously reported as indirectly held through the reporting person's interests in Advanced Technology Ventures VII, L.P. ("ATV VII"), Advanced Technology Ventures VII (B), L.P. ("ATV VII(B)") and Advanced Technology Ventures VII (C) , L.P. ("ATV VII(C) and, collectively with ATV VII and ATV VII(B), the "ATV Funds"). Such shares were received by ATV LLC through pro-rata in-kind distributions of common stock of the issuer by each of the ATV Funds without consideration to their respective limited partners and ATV LLC, which serves as the general partner of each of the ATV Funds.
( 2 )Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $20.05 to $20.15 per share. The reporting persons undertake to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
( 3 )These shares were held directly and sold by ATV LLC. The reporting person is a managing director of ATV LLC and disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary interest therein.
( 4 )These shares were held directly and sold by ATV Entrepreneurs VII, L.P. ("ATVE VII"). ATV LLC is the general partner of ATVE VII. The reporting person is a managing director of ATV LLC and disclaims beneficial ownership of the securities reported herein except to the extent of her 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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