Filing Details
- Accession Number:
- 0001140361-12-021312
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-04-24 18:59:59
- Reporting Period:
- 2012-04-20
- Filing Date:
- 2012-04-24
- Accepted Time:
- 2012-04-24 18:59:59
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 945384 | Cicero Inc | CICN | Services-Computer Programming Services (7371) | 112920559 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1069726 | Jonathan Gallen | C/O Ahab Capital Management, Inc. 299 Park Avenue, 17Th Floor New York NY 10171 | 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 $0.001 Per Share | Disposition | 2012-04-20 | 45,000 | $0.17 | 8,951,136 | No | 4 | S | Indirect | By partnerships, corporations and various investment accounts |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By partnerships, corporations and various investment accounts |
Footnotes
- As of April 20, 2012, Ahab Opportunities, L.P., formerly Ahab Partners, L.P. ("Ahab"), Ahab Opportunities, Ltd., formerly Ahab International, Ltd. ("Opportunities"), certain affiliated funds, and one or more private investment accounts (the "Accounts") held in the aggregate 8,951,136 shares of common stock, par value $0.001 per share (the "Shares"), of Cicero, Inc., formerly Level 8 Systems, Inc. (the "Company"). All warrants previously reported as held by Ahab, Opportunities, the affiliated funds, and the Accounts have expired.
- Jonathan Gallen possesses the sole power to vote and the sole power to direct the disposition of 8,851,136 Shares held by Ahab, Opportunities, and the affiliated funds. In addition, Mr. Gallen possesses the sole power to direct the disposition of 100,000 Shares held by the Accounts. Accordingly, for the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Mr. Gallen is deemed to beneficially own 8,951,136 Shares. Mr. Gallen's interest in the securities reported herein is limited to the extent of his pecuniary interest in Ahab, Opportunities, the affiliated funds, and the Accounts, respectively, if any.
Billionaire Hedge Funds
