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4//SEC Filing

DAEGIS INC. 4

Accession 0001206774-15-003543

CIK 0000880562operating

Filed

Nov 22, 7:00 PM ET

Accepted

Nov 23, 4:29 PM ET

Size

10.7 KB

Accession

0001206774-15-003543

Insider Transaction Report

Form 4
Period: 2015-11-23
Transactions
  • Other

    Common Stock

    2014-05-193,353534 total
  • Disposition from Tender

    Common Stock

    2015-11-23$0.82/sh3,183,190$2,610,2160 total(indirect: See footnote)
  • Disposition to Issuer

    Stock Option

    2015-11-23$0.72/sh655,378$471,8720 total
    Exercise: $0.72Exp: 2024-12-10Common Stock (655,378 underlying)
  • Disposition from Tender

    Common Stock

    2015-11-23$0.82/sh534$4380 total
Footnotes (4)
  • [F1]These shares were escheated to the State of California on May 19, 2014.
  • [F2]Not applicable to escheated shares.
  • [F3]Mr. Bacci beneficially owned 3,183,190 shares of common stock by reason of a direct ownership interest in BlueLine Partners, LLC.
  • [F4]This option granted 12/10/2014 pursuant to the 2010 Stock Option Plan with 50% vesting on 12/10/2015 and the remainder vesting monthly as to 1/48th of the subject shares upon completion of each full month of continuous employment with Daegis Inc. Option was canceled in the merger in exchange for a cash payment of $65,537.80, representing the difference between the exercise price of the option and the merger consideration of $0.82 per share.

Issuer

DAEGIS INC.

CIK 0000880562

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000880562

Filing Metadata

Form type
4
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 4:29 PM ET
Size
10.7 KB