Sec Form 4 Filing - Paladin Capital Management, LLC @ 10x Genomics, Inc. - 2020-02-20

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Paladin Capital Management, LLC
2. Issuer Name and Ticker or Trading Symbol
10x Genomics, Inc. [ TXG]
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)
2020 K STREET, NW, SUITE 620
3. Date of Earliest Transaction (MM/DD/YY)
02/20/2020
(Street)
WASHINGTON, DC20006
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
Class A Common Stock 02/20/2020 C 8,675,167 A 8,675,167 I ( 2 ) See Footnotes ( 4 ) ( 5 )
Class A Common Stock 03/16/2020 J( 3 ) 619,306 D $ 0 8,055,861 I ( 3 ) See Footnotes ( 4 ) ( 5 )
Class A Common Stock 03/17/2020 J( 3 ) 1,527,241 D $ 0 6,618,151 I ( 3 ) See Footnotes ( 4 ) ( 5 )
Class A Common Stock 04/21/2020 S 568 D $ 74.48 6,617,583 I ( 2 ) See Footnotes ( 4 ) ( 5 )
Class A Common Stock 04/30/2020 S 1,000,000 D $ 78.25 5,617,583 I ( 2 ) See Footnotes ( 4 ) ( 5 )
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
Class B Common Stock ( 1 ) 02/20/2020 C 8,675,167 ( 1 ) ( 1 ) Class A Common Stock 8,675,167 ( 1 ) 0 I ( 2 ) See Footnotes ( 4 ) ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Paladin Capital Management, LLC
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Paladin Holdings III, L.P.
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Paladin Holdings III (Cayman Islands), L.P.
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Paladin Cyber Holdings, L.P.
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Paladin Capital Group III, LLC
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Paladin Homeland Security Corp III, Ltd.
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Paladin Capital Cyber Group, LLC
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Steed Michael Robert
2020 K STREET, NW
SUITE 620
WASHINGTON, DC20006
X
Signatures
By: /s/ Michael Steed, Authorized Person for each Reporting Person 02/01/2021
Signature of Reporting Person Date
/s/ Michael Steed 02/01/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Class B Common Stock is convertible at any time at the option of the holder into Class A Common Stock on a 1:1 basis. There is no expiration date for the Class B Common Stock.
( 2 )The Common Stock is held directly by Paladin III, LP, Paladin III (NY City), LP, Paladin III (Cayman Islands), LP, Paladin III (HR), LP, Paladin III (CA), LP, Paladin III Co-Investment, LLC ("Co-Investment") and Paladin International, LLC ("International"). Paladin III (Cayman Islands), LP is hereinafter referred to as the "Cayman Fund". Paladin III, LP, Paladin III (NY City), LP, Paladin III (HR), LP and Paladin III (CA), LP are hereinafter referred to as the "US Funds" and collectively with the Cayman Fund, Co-Investment and International, the "Paladin Shareholders". Each Paladin Shareholder beneficially owns less than 10% of the Common Stock.
( 3 )On March 16 and 17, 2020, Co-Investment and International distributed an aggregate of 2,146,547 shares of Class A Common Stock to their respective members on a pro rata basis for no consideration.
( 4 )The reported securities are held directly by the Paladin Shareholders. Paladin Capital Management, LLC ("Paladin Adviser") is the discretionary investment adviser to the US Funds, the Cayman Fund and International. Paladin Holdings III, L.P. ("Paladin GP") is the general partner of the US Funds and the managing member of Co-Investment. Paladin Holdings III (Cayman Islands), L.P. ("Paladin Cayman GP") is the general partner of the Cayman Fund. Paladin Cyber Holdings, L.P. ("Paladin Cyber") is the managing member of International. Paladin Capital Group III, LLC ("Capital III") is the general partner of Paladin GP, Paladin Homeland Security Corporation III, Ltd. ("Paladin III") is the general partner of Paladin Cayman GP, and Paladin Capital Cyber Group, LLC ("Cyber III") is the general partner of Paladin Cyber. Capital III, Paladin III and Cyber III are ultimately controlled by Michael Steed, who is also the Managing Partner of Paladin Adviser.
( 5 )(Continued from Footnote 4) Each of Paladin Adviser, Paladin GP, Paladin Cayman GP, Paladin Cyber, Capital III, Paladin III, Cyber III, and Mr. Steed (collectively, the "Paladin Managers") may be deemed to have voting and dispositive power over the reported securities held of record by one or more of the Paladin Shareholders. Each of the Paladin Managers disclaims beneficial ownership of the reported securities for purposes of Section 16 of the Exchange Act, except the extent of their respective pecuniary interest in the reported securities.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.