4//SEC Filing
Double-Take Software, Inc. 4
Accession 0001181431-06-071610
CIK 0001370314operating
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 1:40 PM ET
Size
28.4 KB
Accession
0001181431-06-071610
Insider Transaction Report
Form 4
HEBB DONALD B JR
10% Owner
Transactions
- Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying) - Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying) - Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote)
EMRY FREDERIS G III
10% Owner
Transactions
- Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying) - Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying) - Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote)
WEGLICKI TIMOTHY T
10% Owner
Transactions
- Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying) - Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying)
TERKOWITZ RALPH S
10% Owner
Transactions
- Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying) - Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying)
STOBO JOHN D JR
10% Owner
Transactions
- Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying) - Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying) - Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote)
ABS PARTNERS IV LLC
Director
Transactions
- Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying) - Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying)
CLOUGH PHILLIP A
10% Owner
Transactions
- Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying) - Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote) - Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying)
GOSWAMI ASHOKE
Director
Transactions
- Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying) - Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying)
WITT LAURA
Director10% Owner
Transactions
- Conversion
Series B Convertible Preferred Stock
2006-12-20−9,733,334→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (6,869,768 underlying) - Conversion
Series C Convertible Preferred Stock
2006-12-20−7,717,398→ 0 total(indirect: Refer to Footnote)Exercise: $0.00→ Common Stock (1,882,795 underlying) - Conversion
Common Stock
2006-12-20+1,882,795→ 8,752,563 total(indirect: Refer to Footnote) - Conversion
Common Stock
2006-12-20+6,869,768→ 6,869,768 total(indirect: Refer to Footnote) - Sale
Common Stock
2006-12-20$10.23/sh−1,525,542$15,606,295→ 7,227,021 total(indirect: Refer to Footnote)
Footnotes (6)
- [F1]The 9,733,334 shares of Series B Convertible Preferred Stock convertible into Double-Take Software, Inc. common stock were owned directly by ABS Capital Partners IV, L.P. in the amount of 8,613,004 shares, ABS Capital Partners IV-A, L.P. in the amount of 288,373, ABS Capital Partners IV Offshore, L.P. in the amount of 494,677, and ABS Capital Partners IV Special Offshore, L.P. in the amount of 337,280 (collectively referred to as the "Funds"). ABS Partners IV L.L.C., as the general partner of the Funds (the "General Partner"), and Donald B. Hebb, Jr., Phillip A. Clough, Timothy T. Weglicki, John D. Stobo, Jr., Frederic G. Emry, Ashoke Goswami, Ralph S. Terkowitz and Laura L. Witt, as the managers of the General Partner (the "Managers"), are indirect beneficial owners of the reported securities.
- [F2]The Series B Convertible Preferred Stock was convertible into Double-Take Software, Inc. common stock on a 1.96-for-1 basis plus a number of shares equal to the accrued 8% dividend on the Series B Convertible Preferred Stock, was convertible at the date it was acquired, had no expiration date and converted upon the closing of the initial public offering of Double-Take Software, Inc.
- [F3]The General Partner and each of the Managers disclaims beneficial ownership of these shares except to the extent of their pecuniary interest therein. ABS Partners IV, L.L.C. is the general partner of these entities and has voting and dispositive power over these shares.
- [F4]The 7,717,398 shares of Series C Convertible Preferred Stock convertible into Double-Take Software, Inc. common stock were owned directly by ABS Capital Partners IV, L.P. in the amount of 6,829,110 shares, ABS Capital Partners IV-A, L.P. in the amount of 228,645, ABS Capital Partners IV Offshore, L.P. in the amount of 392,219, and ABS Capital Partners IV Special Offshore, L.P. in the amount of 267,424. The General Partner, as the general partner of the Funds, and the Managers, as the managers of the General Partner, are indirect beneficial owners of the reported securities.
- [F5]The Series C Convertible Preferred Stock was convertible into Double-Take Software, Inc. common stock on a 4.9-for-1 basis plus a number of shares equal to the accrued 8% dividend on the Series C Convertible Preferred Stock, was convertible at the date it was acquired, had no expiration date and converted upon the closing of the initial public offering of Double-Take Software, Inc.
- [F6]The 1,525,542 shares of Double-Take Software, Inc. common stock sold on December 20, 2006 were owned directly by ABS Capital Partners IV, L.P. in the amount of 1,349,949 shares, ABS Capital Partners IV-A, L.P. in the amount of 45,198, ABS Capital Partners IV Offshore, L.P. in the amount of 77,532, and ABS Capital Partners IV Special Offshore, L.P. in the amount of 52,863.
Documents
Issuer
Double-Take Software, Inc.
CIK 0001370314
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001370314
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 1:40 PM ET
- Size
- 28.4 KB