4//SEC Filing
210/GSB Acquisition Partners, LLC 4
Accession 0001193805-20-001106
CIK 0001112920other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 9:16 PM ET
Size
28.7 KB
Accession
0001193805-20-001106
Insider Transaction Report
Form 4
210/GSB Acquisition Partners, LLC
10% Owner
Transactions
- Gift
Common Stock
2020-08-24−61,507→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−17,645→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−32,972→ 0 total(indirect: See footnotes) - Disposition from Tender
Common Stock
2020-08-28$9.50/sh−3,000,000$28,500,000→ 0 total - Disposition to Issuer
Stock option (right to buy)
2020-08-28−300,000→ 0 total(indirect: See footnotes)Exercise: $8.93→ Common Stock (300,000 underlying) - Gift
Common Stock
2020-08-24−268,900→ 3,000,000 total
COVENANT RHA PARTNERS, L.P.
10% Owner
Transactions
- Gift
Common Stock
2020-08-24−61,507→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−17,645→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−268,900→ 3,000,000 total - Gift
Common Stock
2020-08-24−32,972→ 0 total(indirect: See footnotes) - Disposition from Tender
Common Stock
2020-08-28$9.50/sh−3,000,000$28,500,000→ 0 total - Disposition to Issuer
Stock option (right to buy)
2020-08-28−300,000→ 0 total(indirect: See footnotes)Exercise: $8.93→ Common Stock (300,000 underlying)
Alpert Robert H
10% Owner
Transactions
- Gift
Common Stock
2020-08-24−17,645→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−32,972→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−61,507→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−268,900→ 3,000,000 total - Disposition from Tender
Common Stock
2020-08-28$9.50/sh−3,000,000$28,500,000→ 0 total - Disposition to Issuer
Stock option (right to buy)
2020-08-28−300,000→ 0 total(indirect: See footnotes)Exercise: $8.93→ Common Stock (300,000 underlying)
210 Capital, LLC
10% Owner
Transactions
- Gift
Common Stock
2020-08-24−268,900→ 3,000,000 total - Gift
Common Stock
2020-08-24−32,972→ 0 total(indirect: See footnotes) - Disposition from Tender
Common Stock
2020-08-28$9.50/sh−3,000,000$28,500,000→ 0 total - Gift
Common Stock
2020-08-24−61,507→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−17,645→ 0 total(indirect: See footnotes) - Disposition to Issuer
Stock option (right to buy)
2020-08-28−300,000→ 0 total(indirect: See footnotes)Exercise: $8.93→ Common Stock (300,000 underlying)
RHA Investments, Inc.
10% Owner
Transactions
- Disposition to Issuer
Stock option (right to buy)
2020-08-28−300,000→ 0 total(indirect: See footnotes)Exercise: $8.93→ Common Stock (300,000 underlying) - Gift
Common Stock
2020-08-24−61,507→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−17,645→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−32,972→ 0 total(indirect: See footnotes) - Disposition from Tender
Common Stock
2020-08-28$9.50/sh−3,000,000$28,500,000→ 0 total - Gift
Common Stock
2020-08-24−268,900→ 3,000,000 total
Webb C Clark
10% Owner
Transactions
- Gift
Common Stock
2020-08-24−32,972→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−268,900→ 3,000,000 total - Disposition from Tender
Common Stock
2020-08-28$9.50/sh−3,000,000$28,500,000→ 0 total - Disposition to Issuer
Stock option (right to buy)
2020-08-28−300,000→ 0 total(indirect: See footnotes)Exercise: $8.93→ Common Stock (300,000 underlying) - Gift
Common Stock
2020-08-24−17,645→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−61,507→ 0 total(indirect: See footnotes)
CCW/LAW Holdings, LLC
10% Owner
Transactions
- Gift
Common Stock
2020-08-24−61,507→ 0 total(indirect: See footnotes) - Disposition to Issuer
Stock option (right to buy)
2020-08-28−300,000→ 0 total(indirect: See footnotes)Exercise: $8.93→ Common Stock (300,000 underlying) - Gift
Common Stock
2020-08-24−17,645→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−32,972→ 0 total(indirect: See footnotes) - Gift
Common Stock
2020-08-24−268,900→ 3,000,000 total - Disposition from Tender
Common Stock
2020-08-28$9.50/sh−3,000,000$28,500,000→ 0 total
Footnotes (9)
- [F1]This statement is jointly filed by and on behalf of each of 210/GSB Acquisition Partners, LLC ("GSB Acquisition"), 210 Capital, LLC ("210 Capital"), Covenant RHA Partners, L.P. ("RHA Partners"), CCW/LAW Holdings, LLC ("CCW Holdings"), RHA Investments, Inc. ("RHA Investments"), C. Clark Webb and Robert H. Alpert. The direct beneficial owners of the securities covered by this statement are GSB Acquisition, Mr. Webb, Atlas Capital Management, L.P. ("ACM"), a limited partnership whose securities may be deemed to be beneficially owned by RHA Investments, as the general partner of ACM, and Mr. Alpert.
- [F2]210 Capital is the sole member of, and may be deemed to beneficially own securities owned by, GSB Acquisition. RHA Partners and CCW Holdings are the only members of, and may each be deemed to beneficially own securities owned by, 210 Capital. Mr. Webb is the sole member of, and may be deemed to beneficially own securities owned by, CCW Holdings. RHA Investments is the general partner of, and may be deemed to beneficially own securities owned by, RHA Partners. Mr. Alpert is the President and sole shareholder of, and may be deemed to beneficially own securities owned by, RHA Investments.
- [F3]The reporting persons state that neither the filing of this statement nor anything herein shall be deemed an admission that such persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owners of any securities covered by this statement. The reporting persons disclaim beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such persons in such securities.
- [F4]The reporting persons were deemed to be members of a group with respect to GlobalSCAPE, Inc. (the "Issuer") or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Exchange Act. The reporting persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.
- [F5]Represents shares previously directly beneficially owned solely by Mr. Alpert.
- [F6]Represents shares previously directly beneficially owned solely by Mr. Webb.
- [F7]Represents shares previously directly beneficially owned by ACM and indirectly by RHA Investments and Mr. Alpert.
- [F8]Represents shares previously directly beneficially owned by GSB Acquisition, a ten percent owner of the Issuer, and indirectly by the other reporting persons.
- [F9]Outstanding stock options of the Issuer were cancelled and converted into the right to receive $9.50 per share in cash, without interest thereon and subject to any required tax withholding (the "Merger Consideration")(less the applicable exercise price) in accordance with the Merger Agreement. If the applicable exercise price per share under any such options was equal to or greater than the Merger Consideration, such options were canceled immediately without any payment or other consideration being made or owed in respect thereof.
Documents
Issuer
GLOBALSCAPE INC
CIK 0001112920
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001694779
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 9:16 PM ET
- Size
- 28.7 KB