Filing Details
- Accession Number:
- 0001209191-13-057477
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-12-17 17:33:20
- Reporting Period:
- 2013-12-13
- Filing Date:
- 2013-12-17
- Accepted Time:
- 2013-12-17 17:33:20
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1105472 | Sonus Networks Inc | SONS | Services-Computer Integrated Systems Design (7373) | 043387074 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1321711 | Empire Capital Management, L.l.c. | 1 Gorham Island Suite 201 Westport CT 06880 | No | No | Yes | No | |
1522646 | A Scott Fine | C/O Empire Capital Management Llc 1 Gorham Island, Suite 201 Westport CT 06880 | No | No | Yes | No | |
1522647 | J Peter Richards | C/O Empire Capital Management Llc 1 Gorham Island, Suite 201 Westport CT 06880 | 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, Par Value $0.001 | Disposition | 2013-12-13 | 285,328 | $2.76 | 25,679,554 | No | 4 | S | Indirect | See notes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See notes |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.001 | Put Option (obligation to buy) | Disposition | 2013-12-13 | 1,924 | $0.46 | 192,400 | $3.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
4,808 | 2013-12-13 | 2014-07-19 | No | 4 | S | Indirect |
Footnotes
- This statement is filed by (i) Empire Capital Management, L.L.C., a Delaware limited liability company ("Empire Management") with respect to the shares of Common Stock directly held by Empire Capital Partners, L.P. ("Empire Onshore"), Empire Capital Partners, Ltd. ("Empire Offshore"), Empire Capital Partners Enhanced Master Fund, Ltd. ("Empire Enhanced Master", and together with Empire Onshore and Empire Offshore, the "Empire Investment Funds"), (ii) Mr. Scott A. Fine ("Mr. Fine") with respect to the shares of Common Stock directly held by the Empire Investment Funds and (iii) Mr. Peter J. Richards ("Mr. Richards") with respect to the shares of Common Stock directly held by the Empire Investment Funds.
- Empire Management serves as the investment manager to, and has investment discretion over the securities held by, the Empire Investment Funds. Mr. Fine and Mr. Richards are the only managing members of Empire Management. Each of the reporting persons disclaims beneficial ownership of the shares reported herein to the extent such beneficial ownership exceeds its pecuniary interest therein.