Filing Details
- Accession Number:
- 0001181431-10-034179
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-06-21 13:00:00
- Reporting Period:
- 2010-06-21
- Filing Date:
- 2010-06-21
- Accepted Time:
- 2010-06-21 20:44:05
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1007471 | Bessemer Venture Partners Iv Lp | C/O Bessemer Venture Partners 1865 Palmer Avenue, Suite 104 Larchmont NY 10538 | No | No | Yes | No | |
| 1007477 | Deer Iv & Co Llc | C/O Bessemer Venture Partners 1865 Palmer Avenue, Suite 104 Larchmont NY 10538 | No | No | Yes | No | |
| 1106653 | Bessec Ventures Iv Lp | C/O Bessemer Venture Partners 1865 Palmer Avenue, Suite 104 Larchmont NY 10538 | No | No | Yes | No | |
| 1494127 | Deer Management Co. Llc | C/O Bessemer Venture Partners 1865 Palmer Avenue, Suite 104 Larchmont NY 10538 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred Stock | Disposition | 2010-06-21 | 2,400,000 | $0.00 | 0 | No | 4 | J | Indirect | See Footnotes |
| Series A Preferred Stock | Disposition | 2010-06-21 | 1,600,000 | $0.00 | 0 | No | 4 | J | Indirect | See Footnotes |
| Common Stock | Acquisiton | 2010-06-21 | 175,615 | $0.00 | 1,190,875 | No | 4 | C | Indirect | See Footnotes |
| Common Stock | Acquisiton | 2010-06-21 | 117,076 | $0.00 | 793,916 | No | 4 | C | Indirect | See Footnotes |
| Common Stock | Acquisiton | 2010-06-21 | 1,416,119 | $0.00 | 2,606,994 | No | 4 | C | Indirect | See Footnotes |
| Common Stock | Acquisiton | 2010-06-21 | 944,095 | $0.00 | 1,738,011 | No | 4 | C | Indirect | See Footnotes |
| Common Stock | Disposition | 2010-06-21 | 391,049 | $8.37 | 2,215,945 | No | 4 | S | Indirect | See Footnotes |
| Common Stock | Disposition | 2010-06-21 | 260,702 | $8.37 | 1,477,309 | No | 4 | S | Indirect | See Footnotes |
| Common Stock | Disposition | 2010-06-21 | 11,479 | $8.37 | 65,051 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-06-21 | 250 | $8.37 | 1,416 | No | 4 | S | Indirect | See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Indirect | See Footnotes |
| No | 4 | J | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | C | Indirect | See Footnotes |
| No | 4 | S | Indirect | See Footnotes |
| No | 4 | S | Indirect | See Footnotes |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | See Footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series B-1 Convertible Preferred Stock | Disposition | 2010-06-21 | 73,173 | $0.00 | 175,615 | $0.00 |
| Common Stock | Series B-1 Convertible Preferred Stock | Disposition | 2010-06-21 | 48,782 | $0.00 | 117,076 | $0.00 |
| Common Stock | Series C-1 Convertible Preferred Stock | Disposition | 2010-06-21 | 1,416,119 | $0.00 | 1,416,119 | $0.00 |
| Common Stock | Series C-1 Convertible Preferred Stock | Disposition | 2010-06-21 | 944,095 | $0.00 | 944,095 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect |
Footnotes
- Upon the closing of the Issuer's initial public offering, all shares of Series A Preferred Stock were redeemed for $0.48 per share.
- These securities are or were owned directly by Bessemer Venture Partners IV L.P. (the "BVP Fund").
- These securities are or were owned directly by Bessec Ventures IV L.P. (the "Bessec Fund" and collectively with the BVP Fund, the "BVP Investment Funds").
- Deer IV & Co. LLC (the "General Partner") is the general partner of the BVP Investment Funds and exercises voting and investment power with respect to securities owned directly by the BVP Investment Funds. The General Partner disclaims beneficial ownership of securities owned directly by the BVP Investment Funds and this report shall not be deemed an admission that the General Partner is the beneficial owner of such securities, except to the extent of its pecuniary interest therein. Deer Management Co. LLC ("Deer Management") is the management company of the BVP Investment Funds. Deer Management has no beneficial ownership of securities owned directly by the BVP Investment Funds because the management fees received by Deer Management from the BVP Investment Funds are asset based and/or satisfy the criteria for a qualifying performance-based fee under Rule 16a-1(a)(2) of the Securities Exchange Act of 1934, as amended.
- Upon the closing of the Issuer's initial public offering, each share of the Issuer's Series B-1 Convertible Preferred Stock converted at a ratio of 1-to-2.4 into shares of Common Stock.
- Upon the closing of the Issuer's initial public offering, each share of the Issuer's Series C-1 Convertible Preferred Stock converted at a ratio of 1-to-1 into shares of Common Stock.
- These securities are owned directly by Deer Management. The BVP Investment Funds and the General Partner have no pecuniary interest in the securities owned directly by Deer Management.
- These securities were preferred stock of the Issuer and had no expiration date.
Billionaire Hedge Funds
