LAM WAYNE 4
4 · FALCONSTOR SOFTWARE INC · Filed Aug 12, 2010
Insider Transaction Report
Form 4
LAM WAYNE
Vice President
Transactions
- Sale
Common Stock
2010-07-07$2.66/sh−3,537$9,408→ 101,400 total - Purchase
Common Stock
2010-08-03$3.11/sh+4,000$12,436→ 105,400 total - Purchase
Common Stock
2010-08-04$3.15/sh+2,000$6,298→ 109,400 total - Sale
Common Stock
2010-07-14$2.74/sh−19,201$52,611→ 1,234 total(indirect: By Spouse) - Purchase
Common Stock
2010-08-04$3.14/sh+2,000$6,278→ 107,400 total - Purchase
Common Stock
2010-08-04$3.16/sh+2,000$6,318→ 111,400 total
Footnotes (1)
- [F1]The reporting person's purchases made on August 3 and 4, 2010 reported herein were matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, to the extent of 10,000 shares, with the reporting person's sale on March 15, 2010 of (i) 100 shares of common stock at a price of $3.78 per share, (ii) 4,349 shares of common stock at a price of $3.77 per share, (iii) 965 shares of common stock at a price of $3.76 per share, and (iv) 4,586 shares of common stock at a price of $3.75 per share. The sales prices above constitute the highest sales prices that the reporting persion received for the sales of his shares on March 15, 2010. The reporting person has agreed to pay to Falconstor Software, Inc. $6,269.63, representing the full amount of the profit realized in connection with the short-swing transaction.