Financial Disclosure Details - OGE Form 278e (03/19/2022)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Spark Capital Partners LLC
Boston, Massachusetts
Managing Member
1/2022
2
Academia Inc.
San Francisco, California
Board Director
Present
3
Alfred Club Inc.
New York, New York
Board Director
Present
4
Splash
New York, New York
Board Director
Present
5
Chestnut Hill, Massachusetts
Member, Board of Trustees
Present
6
Beaver Country Day School, Inc.
Chestnut Hill, Massachusetts
Member, Board of Trustees
Present
7
Southborough, Massachusetts
Member, Board of Trustees
Present
8
BRS 2011 Revocable Trust
Weston, Massachusetts
Trustee
Present
9
LRS 2011 Revocable Trust
Weston, Massachusetts
Trustee
Present
10
BLS Capital Trust
Weston, Massachusetts
Trustee
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Spark Capital Partners LLC
Salary
$757,200
2
Spark Capital Partners LLC
Guaranteed Payment
$8,344,951
3
Retirement Account - Spark Capital 401K
3.1
Fidelity Freedom 2035 Fund Class K Shares (FSNUX)
$1,000,001 - $5,000,000
None (or less than $201)
4
Family Irrevocable Trust
4.1
Sabet Family Holdings LLC
4.1.1
Brokerage Account #5
4.1.1.1
Advance Auto Parts (AAP)
$500,001 - $1,000,000
Dividends
$5,001 - $15,000
4.1.1.2
Amazon (AMZN)
$500,001 - $1,000,000
None (or less than $201)
4.1.1.3
Booking Holdings (BKNG)
$100,001 - $250,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Spark Capital Partners, LLC
Boston, Massachusetts
Guaranteed Payments: As a former managing member of Spark Capital Partners, LLC, I am entitled to receive quarterly guaranteed payments from the following funds based on management fees from each fund, less each fund’s share of the operating expenses: Spark Management Partners IV, LLC (payments ending 2023); Spark Management Partners V, LLC (payments ending 2027); Spark Growth Management Partners, LLC (payments ending 2024); Spark Growth Management Partners II, LLC (payments ending 2027). My interest in these payments are fully vested.
9/2005
2
Spark Capital Partners, LLC
Boston, Massachusetts
401(k) plan. I will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation.
9/2005
3
Spark Capital Partners, LLC
Boston, Massachusetts
Health Care Plans. As a managing member, I was eligible to participate in the firm's benefit plans. These benefits include medical insurance (including vision coverage), dental insurance, and HSA. The premiums of the medical, vision, and dental plans were paid by Spark Capital. I was provided short-term and long-term life insurance and disability insurance, both of which had premiums that were covered by Spark Capital. As a former managing member, I am still eligible to participate in these plans. If I choose to participate in these plans, Spark Capital will make no further payments and I will pay the full amount of the premiums.
9/2005
4
Spark Capital Partners, LLC
Boston, Massachusetts
Health Care Hospital Membership. As a former managing member, I am eligible to access the Executive Registry Program at Massachusetts General Hospital via Spark Capital’s membership. As a former managing member, I am still eligible to have access to these services. I am not entitled to any reimbursement or other partial payment from Spark Capital.
9/2005
5
Spark Capital Partners, LLC
Boston, Massachusetts
Fringe benefits. I received payment for monthly parking and cellular service. I will no longer receive these benefits following my separation. Spark Capital offers tax preparation services and estate planning services, but I pay the full amount of these services. I will no longer receive these benefits following separation from the firm. Following my separation from the firm, I continue to receive secretarial services. I will no longer receive this benefit upon confirmation, but may pay Spark Capital to retain the services of my current secretary for personal non-official purposes.
9/2005
6
Spark Management Partners V, LLC
Boston, Massachusetts
Key man: Pursuant to my contract, I continue to serve as the key man for Spark Management Partners V, LLC. Pursuant to the limited partnership agreements for Spark Management Partners V, LLC, as soon as I assume my duties as Ambassador, my position as Key Man will automatically terminate.
9/2005
7
Spark Management Partners VI, LLC
Boston, Massachusetts
Key man: Pursuant to my contract, I continue to serve as the key man for Spark Management Partners VI, LLC. Pursuant to the limited partnership agreements for Spark Management Partners VI, LLC, as soon as I assume my duties as Ambassador, my position as Key Man will automatically terminate.
9/2005
8
Spark Management Partners, LLC
Boston, Massachusetts
Carried Interest: Pursuant to my contract, I retain carried interest in this fund. My percentage of the carried interest is fixed and fully vested. If the General Partner determines that cash or marketable securities should be paid out and they determine, based upon certain conditions, that the General Partner will receive a carried interest allocation, I would receive an allocation of the payment.
9/2005
9
Spark Management Partners II, LLC
Boston, Massachusetts
Carried Interest: Pursuant to my contract, I retain carried interest in this fund. My percentage of the carried interest is fixed and fully vested. If the General Partner determines that cash or marketable securities should be paid out and they determine, based upon certain conditions, that the General Partner will receive a carried interest allocation, I would receive an allocation of the payment.
9/2005
10
Spark Management Partners III, LLC
Boston, Massachusetts
Carried Interest: Pursuant to my contract, I retain carried interest in this fund. My percentage of the carried interest is fixed and fully vested. If the General Partner determines that cash or marketable securities should be paid out and they determine, based upon certain conditions, that the General Partner will receive a carried interest allocation, I would receive an allocation of the payment.
9/2005

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Spark Capital Partners LLC
Boston, Massachusetts
General Partner, Venture Capital Firm
2
Spark Management Partners IV, LLC
Boston, Massachusetts
Investment management
3
Spark Management Partners V LLC
Boston, Massachusetts
Investment management
4
Spark Management Partners VI LLC
Boston, Massachusetts
Investment management
5
Spark Growth Management Partners, LLC
Boston, Massachusetts
Investment management
6
Spark Growth Management Partners II LLC
Boston, Massachusetts
Investment management
7
Spark Growth Management Partners III LLC
Boston, Massachusetts
Investment management
8
Spark Management Partners II (AIV I), LLC
Boston, Massachusetts
Investment management

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
IRA Brokerage Account #2
1.1
Advance Auto Parts (AAP)
$15,001 - $50,000
None (or less than $201)
1.2
Amazon (AMZN)
$15,001 - $50,000
None (or less than $201)
1.3
Charter Communications (CHTR)
$15,001 - $50,000
None (or less than $201)
1.4
Comcast (CMCSA)
$15,001 - $50,000
None (or less than $201)
1.5
Canadian Pacific Railway (CP)
$1,001 - $15,000
None (or less than $201)
1.6
Airbus (EADSF)
$1,001 - $15,000
None (or less than $201)
1.7
Meta Platforms (FB)
$15,001 - $50,000
None (or less than $201)
1.8
Alphabet (GOOG)
$15,001 - $50,000
None (or less than $201)
1.9
Lowe's (LOW)
$15,001 - $50,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
Brokerage Account #1
1.1
ISHARES MSCI ACWI ETF (ACWI)
$5,000,001 - $25,000,000
$50,001 - $100,000
1.2
UBER TECHNOLOGIES INC (UBER)
$50,001 - $100,000
None (or less than $201)
1.3
VANGUARD LTD-TERM TX-EX ADM (VMLUX)
$1,000,001 - $5,000,000
$50,001 - $100,000
1.4
VANGUARD TOTAL STOCK MARKET ETF (VTI)
$1,000,001 - $5,000,000
$15,001 - $50,000
1.5
VANGUARD SHORT-TERM TX-EX ADM (VWSUX)
$1,000,001 - $5,000,000
None (or less than $201)
1.6
U.S. brokerage money market account (cash)
$5,000,001 - $25,000,000
Interest
$201 - $1,000
1.7
Treasury bonds
None (or less than $1,001)
Capital Gains Interest
$2,501 - $5,000
2
Brokerage Account #2
2.1
Advance Auto Parts (AAP)
$250,001 - $500,000
None (or less than $201)

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
USV Climate 2021, LP
$250,001 - $500,000
2022
on demand
2
Overture Climate Fund I LP
$15,001 - $50,000
2022
on demand
3
Shine Capital Opportunities Fund I
$50,001 - $100,000
2022
on demand
4
Shine Capital II
$100,001 - $250,000
2022
on demand
5
Lowercarbon Q>1 Opportunity, LP
$50,001 - $100,000
2022
on demand
6
Lowercarbon 7.81, LP
$100,001 - $250,000
2022
on demand
7
Shine Capital Advisor Fund I, LP
$15,001 - $50,000
2020
on demand
8
Walnut Street Capital Fund I, LP
$10,001 - $15,000
2019
on demand
9
Moxxie Ventures Fund I
$15,001 - $50,000
2019
on demand
10
Lattice Ventures LLC
$10,001 - $15,000
2016
on demand

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
1
Filer is now considered a Retired Long-Term Member of Spark Capital Partners LLC
1
2
Uncompensated
1
3
Uncompensated
1
4
Uncompensated
1
5
Uncompensated
1
6
Uncompensated
1
7
Uncompensated
1
8
Uncompensated
1
9
Uncompensated
1
10
Uncompensated

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