Sec Form 3 Filing - SPECTRUM EQUITY INVESTORS VI LP @ Bats Global Markets, Inc. - 2016-04-14

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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 VI LP
2. Issuer Name and Ticker or Trading Symbol
Bats Global Markets, Inc. [ BATS]
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)
140 NEW MONTGOMERY STREET, 20TH FLOOR,
3. Date of Earliest Transaction (MM/DD/YY)
04/14/2016
(Street)
SAN FRANCISCO, CA94105
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 4,027,808 I See footnote ( 1 )
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 VI LP
140 NEW MONTGOMERY STREET, 20TH FLOOR
SAN FRANCISCO, CA94105
X
Spectrum Equity Associates VI, L.P.
140 NEW MONTGOMERY STREET, 20TH FLOOR
SAN FRANCISCO, CA94105
X
SEA VI Management LLC
140 NEW MONTGOMERY STREET, 20TH FLOOR
SAN FRANCISCO, CA94105
X
APPLEGATE BRION B
C/O SPECTRUM EQUITY
140 NEW MONTGOMERY STREET, 20TH FLOOR
SAN FRANCISCO, CA94105
X
COLLATOS WILLIAM P
C/O SPECTRUM EQUITY
140 NEW MONTGOMERY STREET, 20TH FLOOR
SAN FRANCISCO, CA94105
X
PARKER VICTOR E JR
C/O SPECTRUM EQUITY
140 NEW MONTGOMERY STREET, 20TH FLOOR
SAN FRANCISCO, CA94105
X
Spero Benjamin C.
C/O SPECTRUM EQUITY
140 NEW MONTGOMERY STREET, 20TH FLOOR
SAN FRANCISCO, CA94105
X
Signatures
/s/ Carolina A. Picazo, Authorized Person of SEA VI Management, LLC, the general partner of Spectrum Equity Associates VI, L.P., the general partner of Spectrum Equity Investors VI, L.P. 04/15/2016
Signature of Reporting Person Date
/s/ Carolina A. Picazo, Authorized Person of SEA VI Management, LLC, the general partner of Spectrum Equity Associates VI, L.P. 04/15/2016
Signature of Reporting Person Date
/s/ Carolina A. Picazo, Authorized Person of SEA VI Management, LLC 04/15/2016
Signature of Reporting Person Date
/s/ Carolina A. Picazo as attorney-in-fact for Brion B. Applegate 04/15/2016
Signature of Reporting Person Date
/s/ Carolina A. Picazo as attorney-in-fact for William P. Collatos 04/15/2016
Signature of Reporting Person Date
/s/ Carolina A. Picazo as attorney-in-fact for Victor E. Parker 04/15/2016
Signature of Reporting Person Date
/s/ Carolina A. Picazo as attorney-in-fact for Benjamin C. Spero 04/15/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares of common stock of Bats Global Markets, Inc. reported as beneficially owned consist of 4,027,808 shares of the Issuer's common stock held of record by BGM Holding, L.P. BGM Holding GP, LLC is the general partner of BGM Holding, L.P. BGM Holding GP, LLC is 50% owned and controlled by Spectrum Equity Investors VI L.P., which may be deemed to share voting and dispositive power over the shares held by BGM Holding, L.P. The general partner of Spectrum Equity Investors VI L.P. is Spectrum Equity Associates VI, L.P., the general partner of which is SEA VI Management, LLC, over which Brion B. Applegate, William P. Collatos, Victor E Parker, Christopher T. Mitchell, one of the Issuer's directors, and Benjamin C. Spero exercise voting and dispositive power. Each of the Reporting Persons disclaims beneficial ownership of the shares held by BGM Holding, L.P. except to the extent of any pecuniary interest therein.

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