Filing Details
- Accession Number:
- 0001209191-11-022818
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-04-13 19:09:19
- Reporting Period:
- 2011-04-11
- Filing Date:
- 2011-04-13
- Accepted Time:
- 2011-04-13 19:09:19
- 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 |
---|---|---|---|---|---|---|---|
1488201 | Michael Tessler | C/O Broadsoft, Inc. 9737 Washingtonian Boulevard, Suite 350 Gaithersburg MD 20878 | President & Ceo | Yes | Yes | No | 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 | 2011-04-11 | 48,780 | $0.78 | 419,917 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-04-11 | 47,204 | $43.14 | 372,713 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-04-11 | 1,576 | $43.65 | 371,137 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-04-11 | 16,478 | $43.24 | 354,659 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2011-04-12 | 11,220 | $0.78 | 365,879 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-04-12 | 11,220 | $41.11 | 354,659 | No | 4 | S | Direct | |
Comomon Stock | Disposition | 2011-04-12 | 3,522 | $41.21 | 242,992 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Disposition | 2011-04-11 | 48,780 | $0.00 | 48,780 | $0.78 |
Common Stock | Stock Option (Right to Buy) | Disposition | 2011-04-12 | 11,220 | $0.00 | 11,220 | $0.78 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
38,720 | 2012-05-30 | No | 4 | M | Direct | |
27,500 | 2012-05-30 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 21,666 | Indirect | By the Michael Tessler 1999 Irrevocable Trust |
Footnotes
- These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 10, 2011.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.62 - $43.57,inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities andExchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes(2) (3) (4) and (5) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.74 - $43.68, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.95 - $41.2759, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.02 - $41.41, inclusive.
- Since the date of the Reporting Person's last ownership report, he transferred 108,145 shares of the Issuer's Common Stock and stock options to purchase an aggregate of 133,091 shares of the Issuer's Common Stock to his ex-wife pursuant to a domestic relations order entered on March 25, 2011. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-wife.
- Held for the benefit of the children of the Reporting Person. The Reporting Person disclaims beneficial ownership of any shares held by The Michael Tessler 1999 Irrevocable Trust.
- Immediately exercisable.