Filing Details
- Accession Number:
- 0001062993-20-001460
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-23 09:04:23
- Reporting Period:
- 2020-03-20
- Accepted Time:
- 2020-03-23 09:04:23
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1310114 | Servicesource International Inc. | SREV | Services-Business Services, Nec (7389) | 810578975 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1666682 | Edenbrook Capital, Llc | 116 Radio Circle Suite 202 Mount Kisco NY 10549 | No | No | Yes | No | |
1712127 | Jonathan Brolin | 116 Radio Circle Suite 202 Mount Kisco NY 10549 | 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, Par Value $0.0001 ('Common Stock') | Acquisiton | 2020-03-20 | 4,900 | $0.71 | 9,757,368 | No | 4 | P | Indirect | See footnotes |
Common Stock | Acquisiton | 2020-03-20 | 5,927 | $0.69 | 9,763,295 | No | 4 | P | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnotes |
No | 4 | P | Indirect | See footnotes |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Put Option (Obligation to Buy) | $0.50 | 2020-03-19 | 2020-12-18 | 500,000 | 5,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2020-12-18 | 500,000 | 5,000 | Indirect |
Footnotes
- The securities reported herein are held in the accounts of private funds. Edenbrook Capital, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such private funds. Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- The private funds wrote 5000 put option contracts expiring in December 2020 which provide that the private funds will be required to purchase shares of common stock at the stated strike price if the counterparty exercises such put option.