MCDERMOTT EDWARD H 4
4 · ADVENT SOFTWARE INC /DE/ · Filed Dec 2, 2010
Insider Transaction Report
Form 4
MCDERMOTT EDWARD H
10% Owner
Transactions
- Purchase
Common Stock
2010-11-30+0→ 0 total(indirect: See Footnotes)
Footnotes (2)
- [F1]On November 30, 2010, Edward H. McDermott ("EHM") purchased one-third of the outstanding shares of SPO Advisory Corp. ("SPO Corp.") previously owned by William J. Patterson. William J. Patterson passed away on September 24, 2010. Following the transaction which caused this filing, 7,211,400 shares of the issuer's common stock are owned directly by SPO Partners II, L.P. ("SPO Partners"), and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P. ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Corp., the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS"), William E. Oberndorf ("WEO) and EHM, the three controlling persons of SPO Corp.
- [F2]Additionally, following the transaction causing this filing, 644,700 shares of the issuer's common stock are owned directly by San Francisco Partners, L.P. ("SF Partners"), and may be deemed to be indirectly beneficially owned by (i) SF Advisory Partners, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS, WEO and EHM, the three controlling persons of SPO Corp.