4//SEC Filing
Feliciano Jose Enrique 4
Accession 0001181431-10-005240
CIK 0001101268other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 9:42 PM ET
Size
20.7 KB
Accession
0001181431-10-005240
Insider Transaction Report
Form 4
CCG Operations, LLC
10% Owner
Transactions
- Purchase
Series B Preferred Stock
2009-12-14+1,333,333→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (13,333,330 underlying) - Purchase
Common Stock Warrant
2009-12-14+26,666,660→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (26,666,660 underlying) - Purchase
Series B Preferred Stock
2009-12-22+2,000,000→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (20,000,000 underlying) - Purchase
Common Stock Warrant
2009-12-22+40,000,000→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (40,000,000 underlying)
CHANG STEVEN C
Director10% Owner
Transactions
- Purchase
Common Stock Warrant
2009-12-14+26,666,660→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (26,666,660 underlying) - Purchase
Series B Preferred Stock
2009-12-22+2,000,000→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (20,000,000 underlying) - Purchase
Common Stock Warrant
2009-12-22+40,000,000→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (40,000,000 underlying) - Purchase
Series B Preferred Stock
2009-12-14+1,333,333→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (13,333,330 underlying)
Clearlake Capital Partners, LLC
10% Owner
Transactions
- Purchase
Series B Preferred Stock
2009-12-22+2,000,000→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (20,000,000 underlying) - Purchase
Common Stock Warrant
2009-12-14+26,666,660→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (26,666,660 underlying) - Purchase
Common Stock Warrant
2009-12-22+40,000,000→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (40,000,000 underlying) - Purchase
Series B Preferred Stock
2009-12-14+1,333,333→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (13,333,330 underlying)
CCP A, L.P.
10% Owner
Transactions
- Purchase
Series B Preferred Stock
2009-12-14+1,333,333→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (13,333,330 underlying) - Purchase
Common Stock Warrant
2009-12-14+26,666,660→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (26,666,660 underlying) - Purchase
Common Stock Warrant
2009-12-22+40,000,000→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (40,000,000 underlying) - Purchase
Series B Preferred Stock
2009-12-22+2,000,000→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (20,000,000 underlying)
Feliciano Jose Enrique
10% Owner
Transactions
- Purchase
Series B Preferred Stock
2009-12-14+1,333,333→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (13,333,330 underlying) - Purchase
Common Stock Warrant
2009-12-14+26,666,660→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-14→ Common Stock (26,666,660 underlying) - Purchase
Common Stock Warrant
2009-12-22+40,000,000→ 66,666,660 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (40,000,000 underlying) - Purchase
Series B Preferred Stock
2009-12-22+2,000,000→ 3,333,333 total(indirect: By LLC)Exercise: $0.15From: 2009-12-22→ Common Stock (20,000,000 underlying)
Footnotes (6)
- [F1]The Series B Preferred Stock ("Series B Preferred Stock") is convertible into common stock, par value $0.01 per share ("Common Stock"), at any time after the issuance of the shares of Series B Preferred Stock. This conversion right does not expire until the conversion of the Series B Preferred Stock into Common Stock or the redemption of the Series B Preferred Stock, which may be demanded by Purple Communications, Inc. (the "Issuer") or the holder of the Series B Preferred Stock no earlier than January 10, 2016.
- [F2]The Series B Preferred Stock is convertible into Common Stock at $0.15 per share of Common Stock, as adjusted for subsequent stock dividends, splits, combinations or similar events with respect to the Series B Preferred Stock.
- [F3]The Common Stock Warrants (the "Warrants") are exercisable for Common Stock at any time after the issuance of the Warrants. This exercise right does not expire until the expiration of the Warrants, which occurs seven years from the date of the issuance of the Warrants.
- [F4]The Warrants are exercisable for Common Stock at $0.15 per share, as adjusted for subsequent stock dividends, splits, combinations or similar events with respect to the Common Stock.
- [F5]The acquired securities ("Securities") are 3,333,333 shares of Series B Preferred Stock convertible into Common Stock at $0.15 per share of Common Stock (as adjusted for subsequent stock dividends, splits, combinations or similar events) and Warrants exercisable for 66,666,660 shares of Common Stock at an exercise price of $0.15 per share (as adjusted for subsequent stock dividends, splits, combinations or similar events with respect to the Common Stock). These Securities are held directly by CCP A, L.P. ("CCP A").
- [F6]These Securities may also be deemed to be beneficially owned by Clearlake Capital Partners, LLC ("Clearlake Capital"), CCG Operations, LLC ("CCG"), Steven C. Chang ("Mr. Chang"), and Jos?? E. Feliciano ("Mr. Feliciano") by reason of (i) Clearlake Capital is the general partner of CCP A, (ii) CCG is the managing member of Clearlake Capital, and (iii) Mr. Chang and Mr. Feliciano are the managers of CCG. Each of the reporting persons disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein.
Documents
Issuer
Purple Communications, Inc.
CIK 0001101268
Entity typeother
Related Parties
1- filerCIK 0001323912
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 9:42 PM ET
- Size
- 20.7 KB