Filing Details
- Accession Number:
- 0001162675-10-000010
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-10 13:00:00
- Reporting Period:
- 2010-05-06
- Filing Date:
- 2010-05-10
- Accepted Time:
- 2010-05-10 19:05:33
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1023364 | Autobytel Inc | ABTL | Services-Computer Programming, Data Processing, Etc. (7370) | 330711569 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1162675 | Coghill Capital Management Llc | 1 N Wacker Dr Ste 4350 Chicago IL 60606 | No | No | Yes | No | |
1235152 | Ltd Fund Qualified Master Ccm | C/O Morgan Stanley Fund Services (Cayman Ltd Century Yard Cricket Sq Hutchings Dr Po Box 2681 George Town E9 00000 | No | No | Yes | No | |
1235155 | D Clint Coghill | 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 | Disposition | 2010-05-06 | 100,000 | $1.02 | 8,018,410 | No | 4 | S | Indirect | Indirectly by Coghill Capital Management, LLC and Clint D. Coghill |
Common Stock | Disposition | 2010-05-06 | 200,000 | $1.07 | 7,818,410 | No | 4 | S | Indirect | Indirectly by Coghill Capital Management, LLC and Clint D. Coghill |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | Indirectly by Coghill Capital Management, LLC and Clint D. Coghill |
No | 4 | S | Indirect | Indirectly by Coghill Capital Management, LLC and Clint D. Coghill |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Abtl Common Stock | Equity Swap | Disposition | 2010-05-06 | 146,609 | $1.05 | 146,609 | $0.54 |
Abtl Common Stock | Equity Swap | Disposition | 2010-05-06 | 16,573 | $1.06 | 16,573 | $0.54 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
337,781 | 2009-04-30 | 2012-05-04 | Yes | 4 | S | Direct |
3,730,841 | 2009-04-30 | 2012-05-04 | Yes | 4 | S | Indirect |
Footnotes
- The Reporting Person disclaims beneficial ownership of the securities to the extent of its pecuniary interest therein.
- Principal of investment manager or investment manager to the investment management entity in whose account the reported securities are held
- The reported transaction relates to the sale of the subject securities by CCM SPV II, LLC, a private investment vehicle managed by Coghill Capital Management, L.L.C., and which received the subject securities in connection with certain in-kind redemptions by investors from CCM Master Qualified Fund, Ltd. CCM SPV II, LLC is not (and never has been) itself a "10% owner" subject to Section 16. Further, Coghill Capital Management, L.L.C. and Clint D. Coghill have no pecuniary interest in CCM SPV II, LLC or the subject securities
- Under the terms of these total return equity swap agreements (the "Swaps") (i) CCM Master Qualified Fund, Ltd or CCM SPV II, LLC, as the case may be, will be obligated to pay to the counterparty any capital depreciation of the reference shares as of maturity, plus interest, and (ii) the counterparty will be obligated to pay to the CCM Master Qualified Fund, Ltd or CCM SPV II, LLC, as the case may be, any capital appreciation of the reference shares as of maturity. Any dividends received by the counterparty on the reference shares during the term of the Swaps will be paid to CCM Master Qualified Fund, Ltd or CCM SPV II, LLC, as the case may be. All balances will be cash settled at maturity and there will be no transfer of voting or dispositive power over the reference shares.