Home > Insider Trading > Filing (0001209191-10-035203)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1086909	Broadsoft Inc	BSFT	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1334320	L Douglas Maine	C/O Broadsoft, Inc. 220 Perry Parkway Gaithersburg MD 20877		Yes	No	No	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	2010-06-21	3,333	$0.00	3,333	No	4	A	Direct
Common Stock	Acquisiton	2010-06-21	5,000	$9.00	8,333	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	P	Direct

Footnotes

Represents shares of common stock underlying restricted stock units (the "RSUs") that were granted on November 5, 2009. These RSUs would vest only upon the occurrence of the earlier of an initial public offering or a change of control of the Issuer where the consideration received in the change of control transaction was cash or freely tradable registered shares, subject in either case to the reporting person's continuous service as a director the vesting date. Accordingly, these awards were not reportable for Section 16 purposes until the satisfaction of the performance vesting condition. The performance condition was satisfied, and the RSUs became vested, on June 21, 2010, upon the closing of the Issuer's initial public offering. The shares underlying the RSUs were issued to the reporting person immediately upon vesting of the award.
These shares were purchased in the Issuer's initial public offering.