Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Bats Global Markets, Inc.
(Name of Issuer)
Ordinary Shares, par value $0.01 per share
(Title of Class of Securities)
05491G109
(CUSIP Number)
December 31, 2016
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 05491G109 | 13G |
| 1. | NAMES OF REPORTING PERSONS
TA XI L.P. TA Atlantic and Pacific VI L.P. TA Investors IV L.P. | |||||||||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
| |||||||||
| 3. | SEC USE ONLY
| |||||||||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
| |||||||||
| TA XI L.P. | Delaware | |||||||||
| TA Atlantic and Pacific VI L.P. | Delaware | |||||||||
| TA Investors IV L.P. | Delaware | |||||||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
5. | SOLE VOTING POWER
TA XI L.P. TA Atlantic and Pacific VI L.P. TA Investors IV L.P. |
4,116,201 2,836,826 139,034 |
|||||||
| 6. | SHARED VOTING POWER
None | |||||||||
| 7. | SOLE VOTING POWER
TA XI L.P. TA Atlantic and Pacific VI L.P. TA Investors IV L.P. |
4,116,201 2,836,826 139,034 |
||||||||
| 8. | SHARED DISPOSITIVE POWER
None | |||||||||
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
| |||||||||
| TA XI L.P. | 4,116,201 | |||||||||
| TA Atlantic and Pacific VI L.P. | 2,836,826 | |||||||||
| TA Investors IV L.P. | 139,034 | |||||||||
| 10. | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ☐
| |||||||||
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
| |||||||||
| TA XI L.P. | 4.37% | |||||||||
| TA Atlantic and Pacific VI L.P. | 3.02% | |||||||||
| TA Investors IV L.P. | 0.15% | |||||||||
| 12. | TYPE OF REPORTING PERSON (see instructions)
Three Limited Partnerships | |||||||||
| CUSIP No. 05491G109 | 13G |
| Item 1. |
| (a) | Name of Issuer |
Bats Global Markets, Inc.
| (b) | Address of Issuer’s Principal Executive Offices |
8050 Marshall Drive, Suite 120
Lenexa, Kansas 66214
| Item 2. |
| (a) | Name of Person Filing |
TA XI L.P.
TA Atlantic and Pacific VI L.P.
TA Investors IV L.P.
| (b) | Address of the Principal Office or, if none, Residence |
c/o TA Associates, L.P.
200 Clarendon Street, 56th Floor
Boston, MA 02116
| (c) | Citizenship |
Not Applicable
| (d) | Title of Class of Securities |
Ordinary Shares, par value $0.01 per share
| (e) | CUSIP Number |
05491G109
| Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) | ☐ |
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | ||
| (b) | ☐ |
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | ||
| (c) | ☐ |
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | ||
| (d) | ☐ |
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | ||
| (e) | ☐ |
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | ||
| (f) | ☐ |
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | ||
| (g) | ☐ |
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | ||
| (h) | ☐ |
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||
| (i) | ☐ |
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||
| (j) | ☐ |
A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); | ||
| (k) | ☐ |
Group, in accordance with §240.13d-1(b)(1)(ii)(K). | ||
| Not Applicable | ||||
| CUSIP No. 05491G109 | 13G |
| Item 4. | Ownership. |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: | |||||||
| TA XI L.P. TA Atlantic and Pacific VI L.P. TA Investors IV L.P. |
4,116,201 2,836,826 139,034 |
|||||||
| (b) | Percent of class: | |||||||
| TA XI L.P. TA Atlantic and Pacific VI L.P. TA Investors IV L.P. |
4.37% 3.02% 0.15% |
|||||||
| (c) | Number of shares as to which the person has: | |||||||
| (i) | Sole power to vote or to direct the vote. | |||||||
| TA XI L.P. TA Atlantic and Pacific VI L.P.TA Investors IV L.P. |
4,116,201 2,836,826 139,034 |
|||||||
| (ii) | Shared power to vote or to direct the vote. | |||||||
| None | ||||||||
| (iii) | Sole power to dispose or to direct the disposition of. | |||||||
| TA XI L.P. TA Atlantic and Pacific VI L.P.TA Investors IV L.P. |
4,116,201 2,836,826 139,034 |
|||||||
| (iv) | Shared power to dispose or to direct the disposition of. | |||||||
| None | ||||||||
| Item 5. | Ownership of Five Percent or Less of a Class. |
Not Applicable
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not Applicable
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
Not Applicable
| Item 8. | Identification and Classification of Members of the Group. |
This schedule 13G is filed pursuant to Rule 13d-1 (d). For the agreement of the TA group members to a joint filing, see below.
| Item 9. | Notice of Dissolution of Group. |
Not Applicable
| Item 10. | Certification. |
Not Applicable
| CUSIP No. 05491G109 | 13G |
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Agreement for Joint Filing
TA XI L.P., TA Atlantic and Pacific VI L.P. and TA Investors IV L.P., hereby agree that TA Associates shall file with the Securities and Exchange Commission a joint schedule 13G on behalf of the above-named parties concerning their beneficial ownership of Bats Global Markets, Inc.
Dated: February 14, 2017
| TA XI L.P. | ||
| By: | TA Associates XI L.P., its General Partner | |
| By: | TA Associates, L.P., its General Partner | |
| By: | /S/ Thomas P. Alber | |
| Thomas P. Alber, Chief Financial Officer | ||
| TA Atlantic and Pacific VI L.P. | ||
| By: | TA Associates AP VI L.P., its General Partner | |
| By: | TA Associates, L.P., its General Partner | |
| By: | /S/ Thomas P. Alber | |
| Thomas P. Alber, Chief Financial Officer | ||
| TA Investors IV L.P. | ||
| By: | TA Associates, L.P., its General Partner | |
| By: | /S/ Thomas P. Alber | |
| Thomas P. Alber, Chief Financial Officer | ||