Home > Insider Trading > Filing (0001209191-14-005054)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1090908	Selectica Inc	SLTC	Services-Prepackaged Software (7372)	770432030

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
949119	Iii I Lloyd Miller	222 Lakeview Avenue Suite 160-365 West Palm Beach FL 33401		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	2014-01-24	60,947	$6.00	378,994	No	4	P	Indirect	By Trust A-4 - Lloyd I. Miller
Common Stock	Acquisiton	2014-01-24	16,930	$6.00	105,079	No	4	P	Indirect	By Trust C - Lloyd I. Miller
Common Stock	Acquisiton	2014-01-24	91,422	$6.00	565,260	No	4	P	Indirect	By Milfam II L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Trust A-4 - Lloyd I. Miller
No	4	P	Indirect	By Trust C - Lloyd I. Miller
No	4	P	Indirect	By Milfam II L.P.

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series D Convertible Preferred Stock	Acquisiton	2014-01-24	5,417	$60.00	54,169	$6.00
Common Stock	Series D Convertible Preferred Stock	Acquisiton	2014-01-24	1,505	$60.00	15,047	$6.00
Common Stock	Series D Convertible Preferred Stock	Acquisiton	2014-01-24	8,125	$60.00	81,253	$6.00
Common Stock	Warrant	Acquisiton	2014-01-24	57,558	$0.00	57,558	$7.00
Common Stock	Warrant	Acquisiton	2014-01-24	15,988	$0.00	15,988	$7.00
Common Stock	Warrant	Acquisiton	2014-01-24	86,338	$0.00	86,338	$7.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
54,169			No	4	P	Indirect
15,047			No	4	P	Indirect
81,253			No	4	P	Indirect
57,558	2014-07-24	2019-07-24	No	4	P	Indirect
15,988	2014-07-24	2019-07-24	No	4	P	Indirect
86,338	2014-07-24	2019-07-24	No	4	P	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,100	Indirect	By Trust D - Lloyd I. Miller

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Series A Warrant	$7.75	2013-12-01	2018-05-31	40,894	40,894	Indirect
Common Stock	Series A Warrant	$7.75	2013-12-01	2018-05-31	11,359	11,359	Indirect
Common Stock	Series A Warrant	$7.75	2013-12-01	2018-05-31	61,342	61,342	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-05-31	40,894	40,894	Indirect
2018-05-31	11,359	11,359	Indirect
2018-05-31	61,342	61,342	Indirect

Footnotes

In connection with the Purchase Agreement entered into by the Issuer and the Reporting Person, among other parties, on January 24, 2014 (as more fully described on the Form 8-K filed by the Issuer on January 27, 2014)(the "Purchase Transaction"), the Reporting Person received Common Stock, Series D Convertible Preferred Stock and Warrants.
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. This filing shall not be deemed an admission that the reporting 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 filing.
Such preferred stock will automatically convert into 54,169 shares of common stock upon shareholder approval at the stockholders meeting.
Such preferred stock will automatically convert into 15,047 shares of common stock upon shareholder approval at the stockholders meeting.
Such preferred stock will automatically convert into 81,253 shares of common stock upon shareholder approval at the stockholders meeting.
For payment of the purchase price of the Common Stock and Series D Convertible Preferred Stock in connection with the Purchase Transaction, the Reporting Person received the Warrants for no additional consideration.
The exercise price for the Series A Warrant was reduced from $8.75 to $7.75 (as more fully described on the Form 8-K filed by the Issuer on September 4, 2013).