4//SEC Filing
SCULLY JOHN H 4
Accession 0001181431-12-021292
CIK 0001002225other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 7:32 PM ET
Size
12.3 KB
Accession
0001181431-12-021292
Insider Transaction Report
Form 4
OBERNDORF WILLIAM E
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 15,712,200 total(indirect: See Footnotes)
WILLIAM & SUSAN OBERNDORF TRUST
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 15,712,200 total(indirect: See Footnotes)
JOHN H SCULLY LIVING TRUST
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 15,712,200 total(indirect: See Footnotes)
Edward & Elizabeth McDermott Trust
10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 15,712,200 total(indirect: See Footnotes)
SCULLY JOHN H
Director10% Owner
Transactions
- Sale
Common Stock
2012-03-31−0→ 15,712,200 total(indirect: See Footnotes)
Footnotes (3)
- [F1]On March 31, 2012, the John H. Scully Living Trust ("JHS Trust") and the Edward & Elizabeth McDermott Trust ("EHM Trust") purchased one-third of the outstanding shares of SPO Advisory Corp. ("SPO Corp.") previously owned by the William E. & Susan C. Oberndorf Trust. William E. Oberndorf left the SPO reporting group on March 31, 2012 and is no longer a controlling person of SPO Corp.
- [F2]Additionally, following the transaction which caused this filing, 14,422,800 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") and Edward H. McDermott ("EHM"), the two controlling persons of SPO Corp. Additionally, 1,289,400 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 and EHM, the two controlling persons of SPO Corp.
- [F3]Additionally, following the transaction which caused this filing, JHS beneficially owns 400 shares of the Issuer's common stock held in the JHS individual retirement account, which is self directed. Additionally, JHS owns 120,000 stock options of the Issuer's common stock. These stock options were granted to JHS as a director of the company. Pursuant to the partnership agreement governing SPO Partners, total stock options owned by JHS may be deemed to be indirectly beneficially owned by SPO Partners, along with any profits arising from the exercise of the aforementioned stock options.
Documents
Issuer
ADVENT SOFTWARE INC /DE/
CIK 0001002225
Entity typeother
Related Parties
1- filerCIK 0001202553
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 7:32 PM ET
- Size
- 12.3 KB