Sec Form 4 Filing - Spectrum Equity Investors V L P @ Ancestry.com Inc. - 2012-12-28

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
Spectrum Equity Investors V L P
2. Issuer Name and Ticker or Trading Symbol
Ancestry.com Inc. [ ACOM]
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)
333 MIDDLEFIELD ROAD, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
12/28/2012
(Street)
MENLO PARK, CA94025
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, $0.001 par value 12/28/2012 D 13,263,819 ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 5 ) ( 6 ) D $ 32 0 D
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
Spectrum Equity Investors V L P
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
SEA V Management LLC
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
SEI III ENTREPRENEURS FUND L P
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
SEI III Entrepreneurs LLC
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
Spectrum Equity Associates III L P
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
Spectrum Equity Associates V LP
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
SPECTRUM EQUITY INVESTORS III L P
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
SPECTRUM III INVESTMENT MANAGERS FUND LP
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
Spectrum V Investment Managers Fund LP
333 MIDDLEFIELD ROAD
SUITE 200
MENLO PARK, CA94025
X
Signatures
/s/ William C. Stern, Attorney-in-Fact 01/02/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 should be read in conjunction with the other Form 4 filed by Spectrum Equity Investors V, L.P. ("SEI V") as of the date hereof. Each of such Forms 4 reports the total number of shares of common stock sold by SEI V and its affiliates as described below. The amounts set forth in the two Forms 4 should not be added to reach a total.
( 2 )Consists of an aggregate of 13,263,819 shares disposed of in connection with the acquistion of Ancestry.com Inc. by a company controlled by investment funds advised by Permira Advisers, LLC on December 28, 2012 (the "Merger"), including 9,516,845 shares disposed of by SEI V, the general partner of which is Spectrum Equity Associates V, L.P., the general partner of which is SEA V Management, LLC, over which Brion B. Applegate, William P. Collatos, Kevin J. Maroni, Randy J. Henderson, Michael J. Kennealy, Victor E. Parker and Christopher T. Mitchell exercise voting and dispositive power; 44,941 shares disposed of by Spectrum V Investment Managers' Fund, L.P. ("IMF V"), the general partner of which is SEA V Management, LLC, over which Brion B. Applegate, William P. Collatos, Kevin J. Maroni, Randy J. Henderson, Michael J. Kennealy, Victor E. Parker and Christopher T. Mitchell exercise voting and dispositive power;
( 3 )and including 3,395,981 shares disposed of by Spectrum Equity Investors III, L.P. ("SEI III"), the general partner of which is Spectrum Equity Associates III, L.P., over which Brion B. Applegate, William P. Collatos, Kevin J. Maroni and Randy J. Henderson exercise voting and dispositive power; and 238,252 shares disposed of by SEI III Entrepreneurs' Fund, L.P. ("Entrepreneurs' III"), the general partner of which is SEI III Entrepreneurs' LLC, over which Brion B. Applegate, William P. Collatos, Kevin J. Maroni and Randy J. Henderson exercise voting and dispositive power;
( 4 )and including 57,067 shares disposed of by Spectrum III Investment Managers' Fund, L.P. ("IMF III," and together with SEI V, IMF V, SEI III and Entrepreneurs' III, the "Spectrum Funds"), over which Brion B. Applegate, William P. Collatos, Kevin J. Maroni and Randy J. Henderson exercise voting and dispositive power and are the general partners, and 6,606 shares disposed of by The Brion B. Applegate Trust, over which Brion B. Applegate exercises voting and dispositive power, 3,300 shares disposed of by William P. Collatos and 827 shares disposed of by Randy J. Henderson.
( 5 )Each of the controlling entities, individual general partners and managing directors of the Spectrum Funds, as the case may be, including Mr. Parker who is a managing director of the general partner of the general partner of SEI V and a managing director of the general partner of IMF V, and served on Ancestry.com Inc.'s board of directors until the effective time of the Merger, Brion B. Applegate, William P. Collatos, Kevin J. Maroni, Randy J. Henderson, Michael J. Kennealy, Victor E. Parker and Christopher T. Mitchell disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
( 6 )In connection with the transactions disclosed, certain of the Reporting Persons transferred certain of their shares of common stock to wholly owned subsidiaries before the disclosed transactions occurred.

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