BAUMEL WILLIAM R 4
4 · ST. BERNARD SOFTWARE, INC. · Filed Aug 3, 2010
Insider Transaction Report
Form 4
ST. BERNARD SOFTWARE, INC.SBSW.OB
BAUMEL WILLIAM R
Director
Transactions
- Award
Common Stock
2010-08-02+718,357→ 718,357 total(indirect: See footnote (2)) - Award
3% Convertible Note due 2014
2010-08-02$993050.00/sh+902,772$896,497,734,600→ 902,772 total(indirect: See footnote (2))Exercise: $1.10From: 2010-08-02Exp: 2014-08-02→ Common Stock (902,772 underlying) - Award
Common Stock Warrant (right to buy)
2010-08-02+69,550→ 69,550 total(indirect: See footnote (2))Exercise: $1.10From: 2010-08-02Exp: 2014-08-02→ Common Stock (69,550 underlying)
Footnotes (2)
- [F1]Received in connection with the sale of assets by Red Condor, Inc. to the Issuer (the "Asset Sale"). On the effective date of the Asset Sale, the closing price of the Issuer's common stock was $0.35 per share.
- [F2]The reported securities are owned directly by RWI Ventures II, L.P., and indirectly by RWI Ventures II Management LLC, as general partner of RWI Ventures II, L.P., and William R. Baumel, as a managing member of RWI Ventures II Management LLC. RWI Ventures II Management LLC and Mr. Baumel disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.