Filing Details

Accession Number:
0001144204-10-050903
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-09-24 20:07:41
Reporting Period:
2010-09-22
Filing Date:
2010-09-24
Accepted Time:
2010-09-24 20:07:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
832488 Mam Software Group Inc. NONE Services-Prepackaged Software (7372) 841108035
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
899083 Wynnefield Partners Small Cap Value Lp 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1017043 Nelson Obus 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1030806 Ltd Fund Offshore Value Cap Small Wynnefield 450 Seventh Ave
Ste 509
New York NY 10123
No No Yes No
1056835 Wynnefield Capital Management Llc 450 Seventh Ave
Ste 509
New York NY 10123
No No Yes No
1251565 Wynnefield Partners Small Cap Value Lp I 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1251567 Wynnefield Capital Inc 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1251568 Joshua Landes 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-09-22 30,000 $0.09 2,774,608 No 4 P Direct
Common Stock Acquisiton 2010-09-22 41,000 $0.09 8,919,311 No 4 P Indirect See Footnote
Common Stock Acquisiton 2010-09-22 29,000 $0.09 8,919,311 No 4 P Indirect See Footnote
Common Stock Acquisiton 2010-09-23 92,380 $0.08 2,774,608 No 4 P Direct
Common Stock Acquisiton 2010-09-23 122,180 $0.08 8,919,311 No 4 P Indirect See Footnote
Common Stock Acquisiton 2010-09-23 83,440 $0.08 8,919,311 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
No 4 P Direct
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Preferred Stock Acquisiton 2010-07-22 128,205 $0.00 128,205 $0.00
Common Stock Preferred Stock Acquisiton 2010-07-22 352,564 $0.00 352,564 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
128,205 No 4 J Direct
352,564 No 4 J Indirect
Footnotes
  1. This Form 4 is being filed jointly by Wynnefield Partners Small Cap Value, L.P. ("Partners"), Wynnefield Partners Small Cap Value, L.P. I ("Partners I"), Wynnefield Small Cap Value Offshore Fund, Ltd. ("Offshore"), Channel Partnership II, L.P. ("Channel"), Wynnefield Capital Inc. Profit Sharing Plan (the "Plan"), Wynnefield Capital Management, LLC ("WCM"), Wynnefield Capital, Inc. ("WCI"), Nelson Obus and Joshua Landes (each, a "Reporting Person"), as members of a group under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Each of the Reporting Persons maintains an office at the same address. Each of the Reporting Persons identified in this statement disclaims beneficial ownership of the securities described in this statement, except to the extent of their individual respective pecuniary interest in such securities.
  2. On the date hereof, Partners directly beneficially owns 2,744,608 shares of common stock of MAM Software Group, Inc. (MAMS) and 128,205 shares of preferred stock of MAMS. WCM, as the sole general partner of Partners, has an indirect beneficial ownership interest in the shares of common stock and preferred stock that Partners directly beneficially owns. Nelson Obus and Joshua Landes, as co-managing members of WCM, have an indirect beneficial ownership interest in the shares of common stock and preferred stock that Partners directly beneficially owns.
  3. On the date hereof, Partners has an indirect beneficial ownership interest in 3,488,053 shares of common stock and 128,205 shares of preferred stock, which are directly beneficially owned by Partners I. WCM, as the sole general partner of Partners I, has an indirect beneficial ownership interest in the shares of common stock and preferred stock that Partners I directly beneficially owns. Mr. Obus and Mr. Landes, as co-managing members of WCM, have an indirect beneficial ownership interest in the shares of common stock and preferred stock that Partners I directly beneficially owns.
  4. On the date hereof, Partners has an indirect beneficial ownership interest in 4,789,394 shares of common stock and 128,205 shares of preferred stock, which are directly beneficially owned by Offshore. WCI, as the sole investment manager of Offshore, has an indirect beneficial ownership interest in the shares of common stock and preferred stock that Offshore directly beneficially owns. Mr. Obus and Mr. Landes, as principal executive officers of WCI have an indirect beneficial ownership interest in the shares of common stock and preferred stock that Offshore directly beneficially owns.
  5. On the date hereof, Partners has an indirect beneficial ownership interest in 625,000 shares of common stock and 96,154 shares of preferred stock, which are directly beneficially owned by Channel. Mr. Obus, as the sole general partner of Channel, has an indirect beneficial ownership interest in the shares of common stock and preferred stock that Channel directly beneficially owns.
  6. On the date hereof, Partners has an indirect beneficial ownership interest in 16,864 shares of common stock, which are directly beneficially owned by the Plan. Mr. Obus has the power to vote and dispose of the Plan's investments in securities and has an indirect beneficial ownership interest in the shares of common stock that the Plan directly beneficially owns.
  7. The Reporting Persons received the shares of preferred stock described herein in an exchange of all the warrants held by the Reporting Persons, as previously reported on the Reporting Persons' Form 3. Each share of preferred stock is convertible into one share of common stock at the option of the Issuer.