BAUMEL WILLIAM R 4
4 · ST. BERNARD SOFTWARE, INC. · Filed Sep 22, 2010
Insider Transaction Report
Form 4
ST. BERNARD SOFTWARE, INC.SBSW.OB
BAUMEL WILLIAM R
Director
Transactions
- Award
3% Convertible Note due 2014
2010-09-20$64364.00/sh+58,513$3,766,130,732→ 58,513 total(indirect: See footnote)Exercise: $1.10From: 2010-09-20Exp: 2014-07-30→ Common Stock (58,513 underlying) - Award
Common Stock Warrant (right to buy)
2010-09-20+426→ 69,976 total(indirect: See footnote)Exercise: $1.10From: 2010-09-20Exp: 2014-07-30→ Common Stock (426 underlying)
Footnotes (2)
- [F1]The warrant issued to RWI Ventures II, L.P. in connection with the second closing of the purchase and sale of convertible notes and warrants under the Securities Purchase Agreement among St. Bernard Software, Inc., and certain investors identified therein, dated July 28, 2010, supersedes the warrant issued in the first closing therunder.
- [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.