Servicesource International Inc. (SREV): Altai Capital Slashes Stake, Loses Board Seat

Page 7 of 10 – SEC Filing

CUSIP No. 81763U100

SCHEDULE 13D

Page 7 of 9

The Common Stock held for the account of Osprey was acquired in the ordinary course of the Reporting Persons’ business of purchasing, selling and trading in securities.

ITEM 5.  Interest in Securities of the Issuer.

This Item 5 is hereby amended and restated in its entirety to read as follows:

(a) The aggregate number and percentage of shares of Common Stock to which this Schedule 13D relates is 6,167,359 shares of Common Stock held for the account of Osprey, constituting approximately 7.2%of the Issuer’s currently outstanding Common Stock. The aggregate number and percentage of shares of Common Stock reported herein are based upon the 85,376,414 shares of Common Stock outstanding as of April 29, 2016, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2016, filed with the Securities and Exchange Commission on May 9, 2016.

	(i)	Investment Manager:
		(a)	As of the date hereof, Investment Manager may be deemed the beneficial owner of 6,167,359 shares of Common Stock.
			Percentage: Approximately 7.2%as of the date hereof.
		(b)	1. Sole power to vote or direct vote: 0
			2. Shared power to vote or direct vote: 6,167,359 shares of Common Stock
			3. Sole power to dispose or direct the disposition: 0
			4. Shared power to dispose or direct the disposition: 6,167,359 shares of Common Stock
	(ii)	IMGP:
		(a)	As of the date hereof, IMGP may be deemed the beneficial owner of 6,167,359 shares of Common Stock.
			Percentage: Approximately 7.2%as of the date hereof.
		(b)	1. Sole power to vote or direct vote: 0
			2. Shared power to vote or direct vote: 6,167,359 shares of Common Stock
			3. Sole power to dispose or direct the disposition: 0
			4. Shared power to dispose or direct the disposition: 6,167,359 shares of Common Stock
	(iii)	Mr. Bajaj:
		(a)	As of the date hereof, Mr. Bajaj may be deemed the beneficial owner of 6,167,359 shares of Common Stock.
			Percentage: Approximately 7.2%as of the date hereof.
		(b)	1. Sole power to vote or direct vote: 0
			2. Shared power to vote or direct vote: 6,167,359 shares of Common Stock
			3. Sole power to dispose or direct the disposition: 0
			4. Shared power to dispose or direct the disposition: 6,167,359 shares of Common Stock