Home/Filings/4/0001181431-09-035066
4//SEC Filing

LOGILITY INC 4

Accession 0001181431-09-035066

CIK 0001043915operating

Filed

Jul 12, 8:00 PM ET

Accepted

Jul 13, 5:21 PM ET

Size

6.5 KB

Accession

0001181431-09-035066

Insider Transaction Report

Form 4
Period: 2009-07-09
Transactions
  • Purchase

    Common Stock

    2009-07-09$7.02/sh+437,729$3,072,85813,242,595 total
Footnotes (2)
  • [F1]On July 9, 2009, the Issuer was merged with and into a wholly-owned subsidiary of American Software, Inc. ("American Software"). All outstanding common stock of the Issuer was cancelled in the merger, and shares other than those held by American Software were converted into the right to receive cash per share equal to $7.02, subject to the right of shareholders to exercise dissenters' rights under Georgia law. American Software previously completed a tender offer, which expired on June 29, 2009, for all of the outstanding common stock of the Issuer not currently owned by American Software. After completion of the tender offer, American Software owned approximately 96.7% of the outstanding common stock of the Issuer.
  • [F2]Each of American Software, Inc., James C. Edenfield, and Thomas L. Newberry may be deemed to be a beneficial owner of the securities reported. American Software, Inc. holds of record the securities reported. James C. Edenfield and Thomas L. Newberry, as a group, beneficially own 100% of the Class B common stock of American Software, Inc. Under the Articles of Incorporation of American Software, Inc., the holders of Class B common stock, as a class, have the right to elect a majority of the board of directors of American Software, Inc. Mr. Edenfield and Dr. Newberry, therefore, may be deemed to be beneficial owners of the securities reported and held of record by American Software, Inc.

Issuer

LOGILITY INC

CIK 0001043915

Entity typeoperating
IncorporatedGA

Related Parties

1
  • filerCIK 0001043915

Filing Metadata

Form type
4
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 5:21 PM ET
Size
6.5 KB