4//SEC Filing
Magelli Paul 4
Accession 0001209191-13-005025
CIK 0001086909other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 5:12 PM ET
Size
5.8 KB
Accession
0001209191-13-005025
Insider Transaction Report
Form 4
BROADSOFT, INC.BSFT
Magelli Paul
Director
Transactions
- Award
Common Stock
2013-01-25+1,048→ 1,048 total
Footnotes (2)
- [F1]Represents shares of common stock underlying restricted stock units (the "RSUs") granted on January 25, 2013 pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy"). The RSUs represent a pro-rata amount (the "Pro-Rata Amount") of the $40,000 Annual Equity Retainer (as defined in the Policy) for the remaining 341 days of service in the calendar year 2013 beginning on January 25, 2013. The Pro-Rata Amount of $37,369.86 is obtained by multiplying $40,000 by 341/365. The total number of shares of common stock underlying the RSUs is a result of dividing the Pro-Rata Amount by the closing price of the Issuer's common stock on the date of grant, rounded down to the nearest whole number.
- [F2]The RSUs vest in equal quarterly installments beginning with the last day of the calendar quarter in which the grant was made, such that the award shall fully vest on December 31, 2013, assuming the Reporting Person remains a member of the Board of Directors through the end of the relevant calendar quarter.
Documents
Issuer
BROADSOFT, INC.
CIK 0001086909
Entity typeother
Related Parties
1- filerCIK 0001567273
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 5:12 PM ET
- Size
- 5.8 KB