SEC Info - Pitango Parallel Investor Fund III (USA) L.P., et al. - ‘3’ for 3/20/14 re: Borderfree, Inc.

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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^*

Pitango Venture Capital Fund III (USA) L.P.

(Last)

(First)

(Middle)

540 COWPER STREET, SUITE 200

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
3/20/14

3. Issuer Name and Ticker or Trading Symbol
Borderfree, Inc. [ BRDR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	223,917	I	By Pitango Venture Capital Fund III (USA) L.P. ⁽¹⁾
Common Stock	20,699	I	By Pitango Venture Capital Fund III (USA) Non-Q L.P. ⁽¹⁾
Common Stock	61,039	I	By Pitango Venture Capital Fund III (Israeli Investors) L.P. ⁽¹⁾
Common Stock	15,789	I	By Pitango Venture Capital Fund III Trusts 2000 Ltd. ⁽¹⁾
Common Stock	7,894	I	By Pitango Principals Fund III (USA) L.P. ⁽¹⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Convertible Preferred Stock	⁽²⁾	⁽²⁾	Common Stock	1,305,164	⁽²⁾	I	By Pitango Venture Capital Fund III (USA) L.P. ⁽¹⁾
Series B Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	472,304	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) L.P. ⁽¹⁾
Series C Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	1,451,353	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) L.P. ⁽¹⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	1,502,683	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) L.P. ⁽¹⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	352,469	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) L.P. ⁽¹⁾
Series A Convertible Preferred Stock	⁽²⁾	⁽²⁾	Common Stock	120,652	⁽²⁾	I	By Pitango Venture Capital Fund III (USA) Non-Q L.P. ⁽¹⁾
Series B Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	43,661	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) Non-Q L.P. ⁽¹⁾
Series C Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	134,166	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) Non-Q L.P. ⁽¹⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	138,916	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) Non-Q L.P. ⁽¹⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	32,583	⁽³⁾	I	By Pitango Venture Capital Fund III (USA) Non-Q L.P. ⁽¹⁾
Series A Convertible Preferred Stock	⁽²⁾	⁽²⁾	Common Stock	355,713	⁽²⁾	I	By Pitango Venture Capital Fund III (Israeli Investors) L.P. ⁽¹⁾
Series B Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	128,749	⁽³⁾	I	By Pitango Venture Capital Fund III (Israeli Investors) L.P. ⁽¹⁾
Series C Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	395,631	⁽³⁾	I	By Pitango Venture Capital Fund III (Israeli Investors) L.P. ⁽¹⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	406,324	⁽³⁾	I	By Pitango Venture Capital Fund III (Israeli Investors) L.P. ⁽¹⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	95,842	⁽³⁾	I	By Pitango Venture Capital Fund III (Israeli Investors) L.P. ⁽¹⁾
Series A Convertible Preferred Stock	⁽²⁾	⁽²⁾	Common Stock	92,026	⁽²⁾	I	By Pitango Venture Capital Fund III Trusts 2000 Ltd. ⁽¹⁾
Series B Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	33,304	⁽³⁾	I	By Pitango Venture Capital Fund III Trusts 2000 Ltd. ⁽¹⁾
Series C Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	102,336	⁽³⁾	I	By Pitango Venture Capital Fund III Trusts 2000 Ltd. ⁽¹⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	105,789	⁽³⁾	I	By Pitango Venture Capital Fund III Trusts 2000 Ltd. ⁽¹⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	24,841	⁽³⁾	I	By Pitango Venture Capital Fund III Trusts 2000 Ltd. ⁽¹⁾
Series A Convertible Preferred Stock	⁽²⁾	⁽²⁾	Common Stock	46,014	⁽²⁾	I	By Pitango Principals Fund III (USA) L.P. ⁽¹⁾
Series B Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	16,651	⁽³⁾	I	By Pitango Principals Fund III (USA) L.P. ⁽¹⁾
Series C Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	51,169	⁽³⁾	I	By Pitango Principals Fund III (USA) L.P. ⁽¹⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	52,895	⁽³⁾	I	By Pitango Principals Fund III (USA) L.P. ⁽¹⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	12,421	⁽³⁾	I	By Pitango Principals Fund III (USA) L.P. ⁽¹⁾
Series A Convertible Preferred Stock	⁽²⁾	⁽²⁾	Common Stock	361,037	⁽²⁾	I	By Pitango Parallel Investor Fund III (USA) L.P. ⁽¹⁾
Series D Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	156,878	⁽³⁾	I	By Pitango Parallel Investor Fund III (USA) L.P. ⁽¹⁾
Series E Convertible Preferred Stock	⁽³⁾	⁽³⁾	Common Stock	36,838	⁽³⁾	I	By Pitango Parallel Investor Fund III (USA) L.P. ⁽¹⁾

1. Name and Address of Reporting Person^*

Pitango Venture Capital Fund III (USA) L.P.

(Last)

(First)

(Middle)

540 COWPER STREET, SUITE 200

(Street)

PALO ALTO

94301

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

PITANGO VENTURE CAPITAL FUND III (ISRAELI INVESTORS) LP

(Last)

(First)

(Middle)

11 HA MENOFIM ST

(Street)

HERZLIYA

000000

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Pitango Principals Fund III (USA) L.P.

(Last)

(First)

(Middle)

BORDERFREE, INC.

292 MADISON AVENUE, 5TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Pitango Venture Capital Fund III Trusts 2000 Ltd.

(Last)

(First)

(Middle)

BORDERFREE, INC.

292 MADISON AVENUE, 5TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Pitango Venture Capital Fund III (USA) Non-Q L.P.

(Last)

(First)

(Middle)

BORDERFREE, INC.

292 MADISON AVENUE, 5TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

1. Name and Address of Reporting Person^*

Pitango Parallel Investor Fund III (USA) L.P.

(Last)

(First)

(Middle)

BORDERFREE, INC.

292 MADISON AVENUE, 5TH FLOOR

(Street)

NEW YORK

10017

(City)

(State)

(Zip)

Explanation of Responses:

(1) The shares are held directly by Pitango Venture Capital Fund III (USA) L.P., Pitango Venture Capital Fund III (USA) Non-Q L.P., Pitango Venture Capital Fund III (Israeli Investors) L.P., Pitango Venture Capital Fund III Trusts 2000 Ltd., Pitango Principals Fund III (USA) L.P. and Pitango Parallel Investor Fund III (USA) L.P.

(2) The Series A Convertible Preferred Stock is convertible at any time at the option of the holder, and will automatically convert into shares of Common Stock on a 1-for-2.046 basis upon the closing of the Issuer's initial public offering. The securities have no expiration date.

(3) The Series B, C, D and E Convertible Preferred Stock are each convertible at any time at the option of the holder, and will automatically convert into shares of Common Stock on a 1-for-0.599 basis upon the closing of the Issuer's initial public offering. The securities have no expiration date.

Remarks:

Exhibit 24.1: Limited Power of Attorney

	PITANGO VENTURE CAPITAL FUND III (USA) L.P., By: /s/ Ari Staiman, Name: Ari Staiman, Title: Attorney-in-fact	3/19/14
	PITANGO VENTURE CAPITAL FUND III (ISRAELI INVESTORS) L.P., By: /s/ Ari Staiman, Name: Ari Staiman, Title: Attorney-in-fact	3/19/14
	PITANGO PRINCIPALS FUND III (USA) L.P., By: /s/ Ari Staiman, Name: Ari Staiman, Title: Attorney-in-fact	3/19/14
	PITANGO VENTURE CAPITAL FUND III TRUSTS 2000 LTD., By: /s/ Ari Staiman, Name: Ari Staiman, Title: Attorney-in-fact	3/19/14
	PITANGO VENTURE CAPITAL FUND III (USA) NON-Q L.P., By: /s/ Ari Staiman, Name: Ari Staiman, Title: Attorney-in-fact	3/19/14
	PITANGO PARALLEL INVESTOR FUND III (USA) L.P., By: /s/ Ari Staiman, Name: Ari Staiman, Title: Attorney-in-fact	3/19/14
	** Signature of Reporting Person	Date
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 5 (b)(v).
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Pitango Parallel Investor Fund III (USA) L.P., et al. – ‘3’ for 3/20/14 re: Borderfree, Inc.

On: Thursday, 3/20/14, at 8:31pm ET · For: 3/20/14 · As: 10% Owner · Accession #: 1209191-14-22328 · File #: 1-36359

Previous ‘3’: None · Next: ‘3’ on / for 10/26/17 · Latest: ‘3’ on / for 10/26/17

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34
Filing Table of Contents

‘3’ — Form 3 Submission — doc3.xml/2.6

This ‘3’ Document is an XML Data File that may be rendered in various formats:

Pitango Parallel Investor Fund III (USA) L.P., et al. – ‘3’ for 3/20/14 re: Borderfree, Inc.

On: Thursday, 3/20/14, at 8:31pm ET · For: 3/20/14 · As: 10% Owner · Accession #: 1209191-14-22328 · File #: 1-36359

Previous ‘3’: None · Next: ‘3’ on / for 10/26/17 · Latest: ‘3’ on / for 10/26/17

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34Filing Table of Contents

‘3’ — Form 3 Submission — doc3.xml/2.6

This ‘3’ Document is an XML Data File that may be rendered in various formats:

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34
Filing Table of Contents