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GRANAT DOUGLAS 4

Accession 0001104659-12-022783

CIK 0001042173other

View on SEC.gov Company Profile

Filed

Mar 29, 8:00 PM ET

Accepted

Mar 30, 2:11 PM ET

Size

20.2 KB

Accession

0001104659-12-022783

Insider Transaction Report

Form 4

Period: 2012-03-28

SCIENTIFIC LEARNING CORPSCIL

TRIGRAN INVESTMENTS LP II

10% Owner

Transactions

Purchase
Common Stock
2012-03-28+436,300→ 3,757,063 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+261,780→ 261,780 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (261,780 underlying)
Purchase
Common Stock
2012-03-28+257,340→ 2,069,132 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+154,404→ 154,404 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (154,404 underlying)

GRANAT DOUGLAS

10% Owner

Transactions

Purchase
Warrant (right to buy)
2012-03-28+261,780→ 261,780 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (261,780 underlying)
Purchase
Common Stock
2012-03-28+257,340→ 2,069,132 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+154,404→ 154,404 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (154,404 underlying)
Purchase
Common Stock
2012-03-28+436,300→ 3,757,063 total(indirect: See Footnote)

Simon Steven G.

10% Owner

Transactions

Purchase
Common Stock
2012-03-28+436,300→ 3,757,063 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+261,780→ 261,780 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (261,780 underlying)
Purchase
Common Stock
2012-03-28+257,340→ 2,069,132 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+154,404→ 154,404 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (154,404 underlying)

Trigran Investments, Inc.

10% Owner

Transactions

Purchase
Common Stock
2012-03-28+257,340→ 2,069,132 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+154,404→ 154,404 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (154,404 underlying)
Purchase
Common Stock
2012-03-28+436,300→ 3,757,063 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+261,780→ 261,780 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (261,780 underlying)

TRIGRAN INVESTMENTS LP

10% Owner

Transactions

Purchase
Warrant (right to buy)
2012-03-28+261,780→ 261,780 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (261,780 underlying)
Purchase
Warrant (right to buy)
2012-03-28+154,404→ 154,404 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (154,404 underlying)
Purchase
Common Stock
2012-03-28+436,300→ 3,757,063 total(indirect: See Footnote)
Purchase
Common Stock
2012-03-28+257,340→ 2,069,132 total(indirect: See Footnote)

Oberman Lawrence A

10% Owner

Transactions

Purchase
Common Stock
2012-03-28+257,340→ 2,069,132 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+154,404→ 154,404 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (154,404 underlying)
Purchase
Common Stock
2012-03-28+436,300→ 3,757,063 total(indirect: See Footnote)
Purchase
Warrant (right to buy)
2012-03-28+261,780→ 261,780 total(indirect: See Footnote)
Exercise: $1.82From: 2012-03-28Exp: 2017-03-28→ Common Stock (261,780 underlying)

Footnotes (6)

[F1]Trigran Investments, L.P. acquired 436,300 units on March 28, 2012, at a price of $1.73 per unit. Each unit consists of one share of common stock and one warrant to purchase 0.6 shares of common stock.
[F2]Trigran Investments, L.P. II acquired 257,340 units on March 28, 2012, at a price of $1.73 per unit. Each unit consists of one share of common stock and one warrant to purchase 0.6 shares of common stock.
[F3]The reported securities are included in the 436,300 units purchased by the reporting person for $1.73 per unit.
[F4]The reported securities are included in the 257,340 units purchased by the reporting person for $1.73 per unit.
[F5]The Common Stock is held as follows: 3,757,063 shares held by Trigran Investments, L.P. and 2,069,132 shares held by Trigran Investments, L.P. II after the purchases identified in this report. Douglas Granat, Lawrence A. Oberman and Steven G. Simon are controlling shareholders and directors of Trigran Investments, Inc. Trigran Investments, Inc. is the general partner of Trigran Investments, L.P. and Trigran Investments, L.P. II. Each reporting person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein. Each reporting person has the same address listed above for Trigran Investments, Inc., the designated filer.
[F6]The Warrants are held as follows: 261,780 Warrants held by Trigran Investments, L.P. and 154,404 Warrants held by Trigran Investments, L.P. II after the purchases identified in this report. Douglas Granat, Lawrence A. Oberman and Steven G. Simon are controlling shareholders and directors of Trigran Investments, Inc. Trigran Investments, Inc. is the general partner of Trigran Investments, L.P. and Trigran Investments, L.P. II. Each reporting person disclaims beneficial ownership of the securities except to the extent of its pecuniary interest therein. Each reporting person has the same address listed above for Trigran Investments, Inc., the designated filer.

Documents

1 file

4
a4.xmlPrimary
4

Issuer

SCIENTIFIC LEARNING CORP

CIK 0001042173

→

Entity typeother

Related Parties

filerCIK 0001361700

Filing Metadata

Form type: 4
Filed: Mar 29, 8:00 PM ET
Accepted: Mar 30, 2:11 PM ET
Size: 20.2 KB

View on SEC.gov