Statement of Changes in Beneficial Ownership (4)
November 08 2017 - 4:57PM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Ben Holding S.a.r.l.
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2. Issuer Name
and
Ticker or Trading Symbol
Bankrate, Inc.
[
RATE
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
__
X
__ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
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(Last)
(First)
(Middle)
1-3 BOULEVARD DE LA FOIRE,
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3. Date of Earliest Transaction
(MM/DD/YYYY)
11/8/2017
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(Street)
L-1528, N4
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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11/8/2017
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D
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37703694
(1)
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D
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$14.00
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0
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D
(2)
(3)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Explanation of Responses:
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(1)
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Represents all of the shares of the common stock, par value $0.01 per share, of Bankrate, Inc. (the "Company") beneficially owned by Ben Holding S.a.r.l. immediately prior to the effective time of the merger (the "Merger") contemplated by the Agreement and Plan of Merger dated as of July 2, 2017, among the Company, Red Ventures Holdco, LP, and Baton Merger Corp. Upon completion of the Merger on November 8, 2017, each such share of common stock was automatically cancelled and converted into the right to receive $14.00 in cash, without interest.
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(2)
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Ben Holding S.a r.l. is owned by Apax US VII, L.P. (holding 7%) and Apax WW Nominees Ltd. (holding 93% as a nominee for Apax Europe VII-A, L.P., Apax Europe VII-B, L.P. and Apax Europe VII-1, L.P.). Apax Europe VII GP L.P. Inc. is the general partner of each of Apax Europe VII-A, L.P., Apax Europe VII-B, L.P. and Apax Europe VII-1, L.P. Apax Europe VII GP Co. Ltd. is the general partner of Apax Europe VII GP L.P. Inc. Apax Europe VII GP Co. Ltd. is a wholly owned subsidiary of Apax Guernsey (Holdco) PCC Limited. (Continued in footnote 3)
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(3)
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Apax US VII GP, L.P. is the general partner of Apax US VII GP, L.P. Apax US VII GP, Ltd. is the general partner of Apax US VII GP, L.P. John F. Megrue owns 100% of the equity interests of Apax US VII GP, Ltd. The Reporting Persons disclaim beneficial ownership of the securities reported on this statement except to the extent of their respective pecuniary interests therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, any of the Reporting Persons is the beneficial owner of all such shares of common stock covered by this statement.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Ben Holding S.a.r.l.
1-3 BOULEVARD DE LA FOIRE
L-1528, N4
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X
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Apax Europe VII-1, L.P.
THIRD FLOOR ROYAL BANK PLACE
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ
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X
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Apax Europe VII-A, L.P.
THIRD FLOOR ROYAL BANK PLACE
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ
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X
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Apax Europe VII-B, L.P.
THIRD FLOOR ROYAL BANK PLACE
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ
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X
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Apax Europe VII GP Co. Ltd
THIRD FLOOR ROYAL BANK PLACE
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ
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X
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Apax Europe VII GP L.P. Inc.
THIRD FLOOR ROYAL BANK PLACE
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ
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X
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Apax Guernsey (Holdco) PCC Ltd
THIRD FLOOR ROYAL BANK PLACE
1 GLATEGNY ESPLANADE
ST. PETER PORT, Y7 GY1 2HJ
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X
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Apax US VII, L.P.
P.O. BOX 908GT
GEORGETOWN
GRAND CAYMAN, E9 KY1-9002
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X
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Apax US VII GP, L.P.
P.O. BOX 908GT
GEORGETOWN
GRAND CAYMAN, E9 KY1-9002
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X
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Apax US VII GP, Ltd.
P.O. BOX 908GT
GEORGETOWN
GRAND CAYMAN, E9
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X
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Signatures
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/s/ Geoffrey Limpach and Gerard Maitrejean for Ben Holding S.a.r.l.
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11/8/2017
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**
Signature of Reporting Person
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Date
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/s/ John Megrue for Apax U.S. VII GP, Ltd. general partner of Apax US VII GP, L.P., general partner of Apax US VII, L.P.
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11/8/2017
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**
Signature of Reporting Person
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Date
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/s/ Andrew Guille for Apax Europe VII GP Co. Ltd, general partner of Apax Europe VII GP L.P. Inc., general partner of Apax Europe VII-1, L.P.
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11/8/2017
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**
Signature of Reporting Person
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Date
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/s/ Andrew Guille for Apax Europe VII GP Co. Ltd, general partner of Apax Europe VII GP L.P. Inc., general partner of Apax Europe VII-A, L.P.
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11/8/2017
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**
Signature of Reporting Person
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Date
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/s/ Andrew Guille Apax Europe VII GP Co. Ltd, general partner of Apax Europe VII GP L.P. Inc., general partner of Apax Europe VII-B, L.P.
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11/8/2017
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**
Signature of Reporting Person
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Date
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/s/ Andrew Guille for Apax Europe VII GP Co. Ltd.
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11/8/2017
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**
Signature of Reporting Person
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Date
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/s/ Andrew Guille for Apax Europe VII GP L.P., Inc.
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11/8/2017
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**
Signature of Reporting Person
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Date
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/s/ Andrew Guille for Apax Guernsey (Holdco) PCC Limited
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11/8/2017
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Signature of Reporting Person
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Date
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/s/ John Megrue for Apax US VII GP, Ltd., general partner of Apax US VII GP, L.P., general partner of Apax US VII, L.P.
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11/8/2017
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**
Signature of Reporting Person
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Date
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s/ John Megrue for Apax US VII GP, Ltd.
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11/8/2017
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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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.
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