Filing Details

Accession Number:
0001495376-10-000001
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-01 13:00:00
Reporting Period:
2010-06-29
Filing Date:
2010-07-01
Accepted Time:
2010-07-01 15:05:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
880562 Unify Corp UNFY Services-Prepackaged Software (7372) 942710559
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1495376 A Kurt Jensen 1420 Rocky Ridge Drive
Suite 380
Roseville CA 95661
Chief Operating Officer No Yes 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 2010-06-29 1,079,646 $3.50 1,079,646 No 4 P Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Subordinated Purchase Note Acquisiton 2010-06-29 0 $0.00 0 $0.00
Common Stock Subordinated Indemnity Note Acquisiton 2010-06-29 0 $0.00 0 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,588,192 No 4 P Indirect
0 No 4 P Indirect
Footnotes
  1. The shares reported on this line were acquired by the reporting person as partial consideration for the reporting person's shares of Strategic Office Solutions, Inc. pursuant to the Agreement and Plan of Merger between the issuer, Unify Acquisition Corp. (a wholly-owned subsidiary of the issuer), and Strategic Office Solutions, Inc., which valued the issuer's shares at $3.50 per share.
  2. These shares are held by The Jensen Revocable Trust Dated January 25, 2007, of which the reporting person and his wife are co-settlors, co-trustees, and co-beneficiaries.
  3. The conversion price for these notes is $3.50 per share if the conversion occurs prior to the first anniversary of the date of issuance and the twenty day volume weighted average trading price of the issuer's common stock for the twenty days ending two trading days prior to the date of notice of conversion if conversion is elected after the first anniversary of the date of issuance.
  4. The notes are exercisable, at the election of the holder or the issuer, at any time following the twenty-first day after the issuer has sent to its stockholders an Information Statement on Schedule 14C of the Securities Exchange Act of 1934 with respect to the action by written consent of the stockholders on June 25, 2010 authorizing the issuance of the issuer's common stock issuable upon the conversion of the notes, and have no expiration date.