4//SEC Filing
AUTOBYTEL INC 4
Accession 0001162675-13-000007
CIK 0001023364operating
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 5:12 PM ET
Size
14.6 KB
Accession
0001162675-13-000007
Insider Transaction Report
Form 4
AUTOBYTEL INCABTL
COGHILL CLINT D
10% Owner
Transactions
- SaleSwap
Equity Swap
2013-08-08$6.17/sh−8,391$51,772→ 19,836 totalExercise: $4.50From: 2012-05-04Exp: 2015-05-06→ ABTL Common Stock (8,391 underlying) - SaleSwap
Equity Swap
2013-08-07$6.16/sh−10,000$61,600→ 28,227 totalExercise: $4.50From: 2012-05-04Exp: 2015-05-06→ ABTL Common Stock (10,000 underlying) - SaleSwap
Equity Swap
2013-08-09$6.04/sh−19,836$119,809→ 0 totalExercise: $4.50From: 2012-05-04Exp: 2012-05-06→ ABTL Common Stock (19,836 underlying)
COGHILL CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- SaleSwap
Equity Swap
2013-08-09$6.04/sh−19,836$119,809→ 0 totalExercise: $4.50From: 2012-05-04Exp: 2012-05-06→ ABTL Common Stock (19,836 underlying) - SaleSwap
Equity Swap
2013-08-08$6.17/sh−8,391$51,772→ 19,836 totalExercise: $4.50From: 2012-05-04Exp: 2015-05-06→ ABTL Common Stock (8,391 underlying) - SaleSwap
Equity Swap
2013-08-07$6.16/sh−10,000$61,600→ 28,227 totalExercise: $4.50From: 2012-05-04Exp: 2015-05-06→ ABTL Common Stock (10,000 underlying)
CCM MASTER QUALIFIED FUND LTD
10% Owner
Transactions
- SaleSwap
Equity Swap
2013-08-07$6.16/sh−10,000$61,600→ 28,227 totalExercise: $4.50From: 2012-05-04Exp: 2015-05-06→ ABTL Common Stock (10,000 underlying) - SaleSwap
Equity Swap
2013-08-08$6.17/sh−8,391$51,772→ 19,836 totalExercise: $4.50From: 2012-05-04Exp: 2015-05-06→ ABTL Common Stock (8,391 underlying) - SaleSwap
Equity Swap
2013-08-09$6.04/sh−19,836$119,809→ 0 totalExercise: $4.50From: 2012-05-04Exp: 2012-05-06→ ABTL Common Stock (19,836 underlying)
Footnotes (2)
- [F1]These securities may be deemed to be beneficially owned by Coghill Capital Management, LLC ("CCM"), the investment manager of CCM Master Qualified Fund, Ltd. (the "Master Fund"). These securities may also be deemed to be beneficially owned by Clint Coghill, the President and majority owner of CCM. Each of CCM and Mr. Coghill disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F2]Under the terms of these total return equity swap agreements (the "Swaps") (i) CCM Master Qualified Fund, Ltd will be obligated to pay to the counterparty any capital depreciation of the reference shares as of maturity, plus interest, and (ii) the counterparty will be obligated to pay to CCM Master Qualified Fund, Ltd any capital appreciation of the reference shares as of maturity. Any dividends received by the counterparty on the reference shares during the term of the Swaps will be paid to CCM Master Qualified Fund, Ltd. All balances will be cash settled at maturity and there will be no transfer of voting or dispositive power over the reference shares.
Documents
Issuer
AUTOBYTEL INC
CIK 0001023364
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001023364
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 5:12 PM ET
- Size
- 14.6 KB