OVERLAND STORAGE INC 4
4 · OVERLAND STORAGE INC · Filed Dec 30, 2014
Insider Transaction Report
Form 4
OVERLAND STORAGE INC12/1/2014
MARXE AUSTIN W & GREENHOUSE DAVID M
10% Owner
Transactions
- Disposition from Tender
Warrants
2014-12-01−1,443,373→ 0 total(indirect: By Partnership)Exercise: $8.13From: 2010-02-19Exp: 2015-02-22→ Common Stock (0 underlying)
Footnotes (3)
- [F1]This is a joint filing by Austin W. Marxe (Marxe) & David M. Greenhouse (Greenhouse). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP), Special Situations Private Equity Fund, L.P. (PE), Special Situations Technology Fund, LP (Tech) & Special Situations Technology II, Fund, L.P. (Tech II), respectively. 0 warrants are held by QP, 0 Warrants are held by PE, 0 Warrants are held by Tech & 0 Warrants are held by Tech II. The interest of Marxe and Greenhouse in the shares of Warrants owned by QP, PE, Tech, and Tech II is limited to the extent of his pecuniary interest.
- [F2]The Warrants described herein reflect a one-for-five (1-for-5) reverse stock split of the Issuer's common stock, effective April 9, 2014.
- [F3]This transaction reflects the disposition of shares of the Issuer's common stock pursuant to the Agreement and Plan of Merger, dated as of May 15, 2014, by and among the Issuer, Sphere 3D Corporation and S3D Acquisition Company. On December 1, 2014, the Issuer completed the merger.