UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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 control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SIERRA VENTURES VIII A, LP 2884 SAND HILL ROAD SUITE 100 MENLO PARK, CA 94025 |
 |  X |  |  |
SIERRA VENTURES VIII B, LP 2884 SAND HILL ROAD SUITE 100 MENLO PARK, CA 94025 |
 |  X |  |  |
SIERRA VENTURES VII LP/CA 2884 SAND HILL ROAD SUITE 100 MENLO PARK, CA 94025 |
 |  X |  |  |
Sierra Ventures VIII-A, L.P. by Sierra Ventures Associates VIII, LLC, its Genreal Partner | 02/26/2007 | |
**Signature of Reporting Person | Date | |
Sierra Ventures Associates VII, LLC | 02/26/2007 | |
**Signature of Reporting Person | Date | |
Sierra Ventures VII, L.P. by Sierra Ventures Associates VII, LLC, its General Partner | 02/26/2007 | |
**Signature of Reporting Person | Date | |
Sierra Ventures VIII-B, L.P. by Sierra Ventures Associates VIII, LLC, its General Partner | 02/26/2007 | |
**Signature of Reporting Person | Date | |
Sierra Ventures Associates VIII, LLC | 02/26/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | The shares are owned by Sierra Ventures VII, L.P. (Sierra VII). On February 15, 2007, the Reporting Person received shares of Common Stock of Halo Technology Holdings, Inc. in connection with the Issuer's acquisition of Tenebril, Inc. in repayment of a promissory note, in the principal amount of $439,297.72 with accrued interest in the amount of $17,617.67, assumed by the Issuer based on a conversion price of $0.3757 per share. Sierra Ventures Associates VII, LLC (SVA VII) is the general partner of Sierra VII and possesses voting and dispositive power over the shares held by Sierra VII. SVA VII disclaims beneficial owenership of such shares except to the extent of its pecuniary interest therein. SVA VII holds an additional 58,141 shares of the Issuer's Common Stock as nominee for its members. SVA VII does not have voting or dispositive power over such shares and disclaims beneficial ownership of such shares. |
(2) | The shares are owned by Sierra Ventures VIII-A, L.P. (Sierra VIII-A). On February 15, 2007, the Reporting Person received shares of Common Stock of Halo Technology Holdings, Inc. in connection with the Issuer's acquisition of Tenebril, Inc. in repayment of a promissory note, in the principal amount of $2,124,205.15 with accrued interest in the amount of $85,189.48, assumed by the Issuer based on a conversion price of $0.3757 per share. Sierra Ventures Associates VIII, LLC (SVA VIII) is the general partner of Sierra VIII-A and possesses voting and dispositive power over the shares held by Sierra VIII-A. SVA VIII disclaims beneficial owenership of such shares except to the extent of its pecuniary interest therein. SVA VIII holds an additional 431,690 shares of the Issuer's Common Stock as nominee for its members. SVA VIII does not have voting or dispositive power over such shares and disclaims beneficial ownership of such shares. |
(3) | The shares are owned by Sierra Ventures VIII-B, L.P. (Sierra VIII-B). On February 15, 2007, the Reporting Person received shares of Common Stock of Halo Technology Holdings, Inc. in connection with the Issuer's acquisition of Tenebril, Inc. in repayment of a promissory note, in the principal amount of $20,806.40 with accrued interest in the amount of $834.42, assumed by the Issuer based on a conversion price of $0.3757 per share. Sierra Ventures Associates VIII, LLC (SVA VIII) is the general partner of Sierra VIII-B and possesses voting and dispositive power over the shares held by Sierra VIII-B. SVA VIII disclaims beneficial owenership of such shares except to the extent of its pecuniary interest therein. |
(4) | The Reporting Persons paid no new consideration to acquire the shares of the Issuer's Common Stock. |