SOFTECH INC 4
4 · SOFTECH INC · Filed Sep 23, 2014
Insider Transaction Report
Form 4
SOFTECH INCSOFT
ANTHONYSON ROBERT B
DirectorVP of Business Development10% Owner
Transactions
- Purchase
Common Stock, $.10 par value
2014-09-18$5.00/sh+20,000$100,000→ 149,838 total
Footnotes (1)
- [F1]The shares were purchased in a private placement transaction with the Company. Pursuant to the terms of the Securities Purchase Agreement between the Company and the Reporting Person, dated September 18, 2014, the holder of these shares has the right to require the Company to repurchase for cash all or a portion of these shares for a repurchase price of $7.00 per share for a period of 30-days following the 24-month anniversary of the closing.