Filing Details

Accession Number:
0001396226-10-000003
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-22 13:00:00
Reporting Period:
2010-06-21
Filing Date:
2010-06-22
Accepted Time:
2010-06-22 14:19:25
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
1396221 Charles River Friends, Inc. 1000 Winter Street
Suite 3300
Waltham MA 02451
No No Yes No
1396222 Partnership Limited Gp Ix River Charles 1000 Winter Street
Suite 3300
Waltham MA 02451
No No Yes No
1396223 Charles River Ix-C, Llc 1000 Winter Street
Suite 3300
Waltham MA 02451
No No Yes No
1396224 Charles River Ix-B, Llc 1000 Winter Street
Suite 3300
Waltham MA 02451
No No Yes No
1396225 Charles River Partnership Ix-A, A Limited Partnership 1000 Winter Street
Suite 3300
Waltham MA 02451
No No Yes No
1396226 Charles River Partnership Ix, A Limited Partnership 1000 Winter Street
Suite 3300
Waltham MA 02451
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 Acquisiton 2010-06-21 1,471,983 $0.00 2,377,323 No 4 C Direct
Common Stock Disposition 2010-06-21 516,820 $8.37 1,860,503 No 4 S Direct
Series A Preferred Stock Disposition 2010-06-21 2,400,000 $0.00 0 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 J Direct
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 2010-06-21 124,667 $0.00 299,199 $0.00
Common Stock Series C-1 Convertible Preferred Stock Disposition 2010-06-21 1,172,784 $0.00 1,172,784 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Direct
Footnotes
  1. Represents shares received upon conversion of shares of Series B-1 and C-1 Convertible Preferred Stock (as described in Notes 2 and 3) as follows: 1,363,629 shares received by Charles River Partnership IX, LP ("CRP IX"), 41,773 shares received by Charles River Partnership IX-A, LP ("CRP IX-A"), 37,354 shares received by Charles River IX-B, LLC ("CR IX-B") and 29,227 shares received by Charles River IX-C, LLC ("CR IX-C"). CRP IX, CRP IX-A, CR IX-B and CR IX-C (collectively, the "Partnerships") form a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934.
  2. Each share of Series B-1 Convertible Preferred Stock automatically converted into 2.4 shares of common stock upon the closing of the issuer's initial public offering, and had no expiration date.
  3. Each share of Series C-1 Convertible Preferred Stock automatically converted into 1 share of common stock upon the closing of the issuer's initial public offering, and had no expiration date.
  4. Represents 2,202,324 shares held by CRP IX, 67,467 shares held by CRP IX-A, 60,329 shares held by CR IX-B and 47,203 shares held by CR IX-C.
  5. Charles River IX GP, Limited Partnership ("CR IX GP") is the General Partner of CRP IX and CRP IX-A; Charles River Friends, Inc. ("CRF Inc.") is the manager of CR IX-B and CR IX-C. Accordingly, each of CR IX GP and CRF Inc. (collectively, the "GPs") may be deemed to beneficially own the reported securities held by the Partnerships of which it is the general partner or manager, but each of the GPs disclaims beneficial ownership of such reported securities except to the extent of its pecuniary interest therein. The filing of this statement by any reporting person shall not be deemed an admission that such 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 statement.
  6. Represents 478,777 shares sold by CRP IX, 14,667 shares sold by CRP IX-A, 13,115 shares sold by CR IX-B and 10,261 shares sold by CR IX-C.
  7. Represents 1,723,547 shares held by CRP IX, 52,800 shares held by CRP IX-A, 47,214 shares held by CR IX-B and 36,942 shares held by CR IX-C.
  8. Effective upon the closing of the issuer's initial public offering, each share of Series A Preferred Stock was redeemed for $0.48 per share and subsequently cancelled, pursuant to its terms.
  9. Represents 2,223,328 shares held by CRP IX, 68,112 shares held by CRP IX-A, 60,906 shares held by CR IX-B and 47,654 shares held by CR IX-C.
  10. Represents 115,489 shares held by CRP IX, 3,538 shares held by CRP X-A, 3,164 shares held by CR IX-B and 2,476 shares held by CR IX-C.
  11. Represents 277,174 shares held by CRP IX, 8,491 shares held by CRP X-A, 7,593 shares held by CR IX-B and 5,941 shares held by CR IX-C.
  12. Represents 1,086,455 shares held by CRP IX, 33,282 shares held by CRP X-A, 29,761 shares held by CR IX -B and 23,286 shares held by CR IX-C.