4//SEC Filing
VERSANT CORP 4
Accession 0001005477-05-001929
CIK 0000865917operating
Filed
May 24, 8:00 PM ET
Accepted
May 25, 8:19 PM ET
Size
20.4 KB
Accession
0001005477-05-001929
Insider Transaction Report
Form 4
VERSANT CORPVSNT
VERTEX VENTURE HOLDINGS LTD
10% OwnerOther
Transactions
- Other
Convertible Subordinated Promissory Note
1999-07-12→ 0 total(indirect: See footnote)Exercise: $1.93→ Common Stock (1,880,000 underlying) - Purchase
Warrants to Purchase Common Stock
1999-07-12+902,946→ 902,946 total(indirect: See footnote)Exercise: $2.13→ Common Stock (902,946 underlying) - Purchase
Series A Preferred Stock
1999-07-12+234,741→ 234,741 total(indirect: See footnote)→ Common Stock (469,482 underlying) - Other
Series A Preferred Stock
1999-07-12+902,946→ 902,946 total(indirect: See footnote)→ Common Stock (1,805,892 underlying) - Purchase
Warrants to Purchase Common Stock
1999-07-12$0.13/sh+234,741$29,343→ 234,946 total(indirect: See footnote)Exercise: $2.13→ Common Stock (234,741 underlying)
VERTEX MANAGEMENT II PTE LTD
10% OwnerOther
Transactions
- Purchase
Series A Preferred Stock
1999-07-12+234,741→ 234,741 total(indirect: See footnote)→ Common Stock (469,482 underlying) - Other
Convertible Subordinated Promissory Note
1999-07-12→ 0 total(indirect: See footnote)Exercise: $1.93→ Common Stock (1,880,000 underlying) - Other
Series A Preferred Stock
1999-07-12+902,946→ 902,946 total(indirect: See footnote)→ Common Stock (1,805,892 underlying) - Purchase
Warrants to Purchase Common Stock
1999-07-12+902,946→ 902,946 total(indirect: See footnote)Exercise: $2.13→ Common Stock (902,946 underlying) - Purchase
Warrants to Purchase Common Stock
1999-07-12$0.13/sh+234,741$29,343→ 234,946 total(indirect: See footnote)Exercise: $2.13→ Common Stock (234,741 underlying)
Footnotes (6)
- [F1]Reflects conversion of note by Vertex Technology Fund Ltd (VTF) into 902,946 shares of Series A Preferred Stock, also reported on Form 4 filed 8/10/99 (the 1999 Form 4). Note was immediately convertible into 1,880,000 shrs of Com Stk at conversion ratio of $1.925 per share and had maturity date of 10/15/01. Vertex Management (II) Pte Ltd (VM2) could be deemed to have power to vote and dispose of shrs held of record by VTF pursuant to management agreement between VM2 and VTF and related power of attorney. VVH as majority shareholder of VTF may also be deemed to have power to vote and dispose of these shares. VM2 and VVH disclaim beneficial ownership of these shrs except to extent of pecuniary interest therein if any and this rpt shall not be deemed an admission that VVH or VM2 is the beneficial owner of the shares for purposes of Sec 16 or any other purpose.
- [F2]Reflects acquisition of 902,946 shares of Series A Preferred Stock in exchange for conversion of note, also reported on 1999 Form 4. See footnote 1 for information regarding note and the relationships among VTF, VM2 and VVH. VM2 and VVH disclaim beneficial ownership of these shares, except to the extent of any pecuniary interests therein and this report shall not be deemed an admission that VVH or VM2 is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
- [F3]Reflects the purchase of 234,741 shares of Series A Preferred Stock by Vertex Technology Fund (II) Pte Ltd (VTF2), which were then convertible into Common Stock at a two-for-one conversion ratio, at the option of VTF2 or upon the occurrence of certain automatic conversion conditions. These shares were reported on the 1999 Form 4. VM2 could be deemed to have the power to vote and dispose of the shares held of record by VTF2 pursuant to a management agreement between VM2 and VTF2 and a related power of attorney. VVH, as the majority shareholder of VTF2, may also be deemed to have the power to vote and dispose of these shares. VM2 and VVH disclaim beneficial ownership of these shares, except to the extent of their respective pecuniary interests therein, if any, and this report shall not be deemed an admission that VVH or VM2 is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
- [F4]Reflects the acquisition of immediately exercisable warrants to purchase 902,946 shares of Common Stock by VTF in connection with a preferred stock financing, which were reported on the 1999 Form 4. The warrant had an initial expiration date of July 11, 2004. See footnote 1 for information regarding the relationships among VTF, VM2 and VVH. VM2 and VVH disclaim beneficial ownership of these shares, except to the extent of their respective pecuniary interests therein, if any, and this report shall not be deemed an admission that VVH or VM2 is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
- [F5]Reflects the acquisition of immediately exercisable warrants to purchase 234,741 shares of Common Stock held by VTF2 in connection with a preferred stock financing, which were reported on the 1999 Form 4. See footnote 3 for information regarding the relationships among VTF2, VM2 and VVH. VM2 and VVH disclaim beneficial ownership of these shares, except to the extent of their respective pecuniary interests therein, if any, and this report shall not be deemed an admission that VVH or VM2 is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
- [F6]2-for-1
Documents
Issuer
VERSANT CORP
CIK 0000865917
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0000865917
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 8:19 PM ET
- Size
- 20.4 KB