GROTECH PARTNERS VI LP 4
4 · BROADSOFT INC · Filed Jun 22, 2010
Insider Transaction Report
Form 4
BROADSOFT INCBSFT
Transactions
- Conversion
Common Stock
2010-06-21+2,402,693→ 2,402,693 total - Conversion
Series C-1 Convertible Preferred Stock
2010-06-21−2,402,693→ 0 total→ Common Stock (2,402,693 underlying)
Footnotes (2)
- [F1]The Series C-1 Convertible Preferred Stock converted into Common Stock on a one-for-one basis upon the closing of the Issuer's initial public offering and had no expiration date.
- [F2]Consists of securities held directly by Grotech Partners VI, L.P. ("Grotech VI"). Grotech Capital Group VI, LLC ("GCG VI") is the sole general partner of Grotech VI. Frank A. Adams ("Adams") is a General Partner of GCG VI. In addition, Joseph R. Zell ("Zell") is also a General Partner of GCG VI and a director of the Issuer. Zell shares voting and dispositive power over the shares held by Grotech VI with Adams. Zell has filed a separate Form 4 with the SEC on June 21, 2010. Each of the reporting persons disclaims beneficial ownership of the securities held by Grotech VI, except to the extent of his or its pecuniary interest therein.