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Filing Details

Accession Number:: 0001209191-13-030443
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-06-04 15:29:04
Reporting Period:: 2013-05-31

Filing Date:: 2013-06-04
Accepted Time:: 2013-06-04 15:29:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1090908	Selectica Inc	SLTC	Services-Prepackaged Software (7372)	770432030

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
949119	Iii I Lloyd Miller	222 Lakeview Avenue Suite 160-365 West Palm Beach FL 33401		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2013-05-31	58,372	$7.00	294,630	No	4	P	Indirect	By Trust A-4 - Lloyd I. Miller
Common Stock	Acquisiton	2013-05-31	16,214	$7.00	81,644	No	4	P	Indirect	By Trust C - Lloyd I. Miller
Common Stock	Acquisiton	2013-05-31	87,559	$7.00	438,713	No	4	P	Indirect	By Milfam II L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Trust A-4 - Lloyd I. Miller
No	4	P	Indirect	By Trust C - Lloyd I. Miller
No	4	P	Indirect	By Milfam II L.P.

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series C Convertible Preferred Stock	Acquisiton	2013-05-31	23,417	$7.00	23,417	$0.00
Common Stock	Series C Convertible Preferred Stock	Acquisiton	2013-05-31	6,505	$7.00	6,505	$0.00
Common Stock	Series C Convertible Preferred Stock	Acquisiton	2013-05-31	35,125	$7.00	35,125	$0.00
Common Stock	Series A Warrant	Acquisiton	2013-05-31	40,894	$0.00	40,894	$8.75
Common Stock	Series A Warrant	Acquisiton	2013-05-31	11,359	$0.00	11,359	$8.75
Common Stock	Series A Warrant	Acquisiton	2013-05-31	61,342	$0.00	61,342	$8.75

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
23,417			No	4	P	Indirect
6,505			No	4	P	Indirect
35,125			No	4	P	Indirect
40,894	2013-12-01	2018-05-31	No	4	P	Indirect
11,359	2013-12-01	2018-05-31	No	4	P	Indirect
61,342	2013-12-01	2018-05-31	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	0	Indirect	By Milgrat I (T7)
Common Stock	2,100	Indirect	By Trust D - Lloyd I. Miller

Footnotes

In connection with the Purchase Agreement entered into by the Issuer and the Reporting Person, among other parties, on May 31, 2013 (as more fully described on the Form 8-K filed by the Issuer on June 3, 2013, as amended)(the "Purchase Transaction"), the Reporting Person received Common Stock, Series C Convertible Preferred Stock and Series A Warrants.
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
On August 1, 2012, 39,448 securities held by Milgrat I (T7) were transferred to Trust C. On December 21, 2012, 25,982 securities held by Milgrat I (T7) were transferred to Trust C. Such transactions only effected a change in the form of beneficial ownership without changing the reporting person's pecuniary interest in such securities and was exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13.
Such preferred stock will automatically convert into 23,417 shares of common stock upon shareholder approval at the stockholders meeting.
Such preferred stock will automatically convert into 6,505 shares of common stock upon shareholder approval at the stockholders meeting.
Such preferred stock will automatically convert into 35,125 shares of common stock upon shareholder approval at the stockholders meeting.
For payment of the purchase price of the Common Stock and Series C Convertible Preferred Stock in connection with the Purchase Transaction, the Reporting Person received the Series A Warrants for no additional consideration.