Filing Details

Accession Number:
0001193805-10-001802
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-24 13:00:00
Reporting Period:
2010-06-22
Filing Date:
2010-06-24
Accepted Time:
2010-06-24 18:15:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
709804 Adpt Corp ADPT Computer Communications Equipment (3576) 942748530
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
915653 Steel Partners Ii Lp C/O Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1005784 G Warren Lichtenstein C/O Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1422282 Steel Partners Llc C/O Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1452857 L.p. Holdings Partners Steel 590 Madison Avenue, 32Nd Floor
New York NY 10022
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, $.001 Par Value Acquisiton 2010-06-22 296,981 $3.05 30,029,511 No 4 P Direct
Common Stock, $.001 Par Value Acquisiton 2010-06-22 8,300 $3.04 30,037,811 No 4 P Direct
Common Stock, $.001 Par Value Acquisiton 2010-06-22 130,000 $3.04 30,167,811 No 4 P Direct
Common Stock, $.001 Par Value Acquisiton 2010-06-23 52,000 $3.02 30,219,811 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
Footnotes
  1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Purchase Trading Plan Agreement adopted by Steel Partners II, L.P.
  2. This Form 4 is filed jointly by Steel Partners II, L.P. ("Steel Partners II"), Steel Partners Holdings L.P. ("Steel Holdings"), Steel Partners LLC ("Partners LLC") and Warren G. Lichtenstein. Steel Holdings, Partners LLC and Mr. Lichtenstein may be deemed to be 10% owners of the Issuer and Steel Partners II is a 10% owner of the Issuer.
  3. The securities reported in this Form 4 are owned directly by Steel Partners II, and owned indirectly by Steel Holdings by virtue of it being the sole limited partner of Steel Partners II, by Partners LLC by virtue of it being the manager of Steel Partners II and Steel Holdings and by Mr. Lichtenstein by virtue of his position as the manager of Partners LLC. Steel Holdings, Partners LLC and Mr. Lichtenstein disclaim beneficial ownership of the shares owned by Steel Partners II except to the extent of their pecuniary interest therein.