Home/Filings/4/0001044321-06-000417
4//SEC Filing

Vertical Communications, Inc. 4

Accession 0001044321-06-000417

CIK 0000877931operating

Filed

Dec 12, 7:00 PM ET

Accepted

Dec 13, 2:10 PM ET

Size

12.4 KB

Accession

0001044321-06-000417

Insider Transaction Report

Form 4
Period: 2006-12-01
Transactions
  • Other

    Warrants

    2006-09-30516,4350 total(indirect: By Partnership)
    Exercise: $0.17From: 2004-11-14Exp: 2006-09-30Common Stock (86,072 underlying)
  • Other

    Warrants

    2006-09-301,491,6910 total(indirect: By Partnership)
    Exercise: $0.17From: 2001-08-08Exp: 2006-09-30Common Stock (248,615 underlying)
  • Purchase

    Convertible Preferred

    2006-12-01$1000.00/sh+2,400$2,400,0002,400 total(indirect: By Limited Parterships)
    Exercise: $0.53From: 2006-12-01Exp: 1988-08-08Common Stock (4,528,300 underlying)
Footnotes (3)
  • [F1]Warrants expired on 9/30/06.
  • [F2]The expiration date is determined by the occurrence of various events as outlined in the Certificate of Powers, Designations, Preferences and Rights of the Series E Convertible Preferred Stock.
  • [F3]This is a joint filing by Austin W. Marxe (Marxe) & David M. Greenhouse (Greenhouse). They share voting & investment control over all securities owned by Special Situations Fund III QP, L.P. (SSFQP), Special Situations Cayman Fund, L.P. (Cay), Special Situations Private Equity Fund, LP (PE), Special Situations Technology Fund, L.P. (Tech) & Special Situations Technology II, L.P. (Tech II), respectively. 5,831,195 CS, 149,866 Wts, & 1,250 PS to purchase 2,358,491 CS are owned by SSFQP, 2,011,310 CS, 53,206 Wts & 425 PS to purchase 801,887 CS are owned by Cay, 1,963,649 CS, 51,930 Wts & 425 PS to purchase 801,887 CS are owned by PE, 188,765 CS, 4,476 Wts & 50 PS to purchase 94,340 CS are owned by Tech and 1,038,138 CS, 22,515 Wts & 250 PS to purchase 471,698 CS are owned by Tech II. The interest of Marxe & Greenhouse in the shares of CS, Wts & PS owned by SSFQP, Cay, PE, Tech, & Tech II is limited to the extent of his pecuniary interest.

Issuer

Vertical Communications, Inc.

CIK 0000877931

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000877931

Filing Metadata

Form type
4
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 2:10 PM ET
Size
12.4 KB