Home/Filings/4/0001209191-13-038728
4//SEC Filing

SONUS NETWORKS INC 4

Accession 0001209191-13-038728

CIK 0001105472operating

Filed

Jul 31, 8:00 PM ET

Accepted

Aug 1, 4:32 PM ET

Size

19.0 KB

Accession

0001209191-13-038728

Insider Transaction Report

Form 4
Period: 2013-07-30
Transactions
  • Sale

    Call Option (obligation to sell)

    2013-07-31$54.03/sh919$49,654919 total(indirect: See footnotes)
    Exercise: $3.00From: 2013-07-31Exp: 2013-10-19Common Stock (71,000 underlying)
  • Sale

    Common Stock

    2013-07-30$3.44/sh43,532$149,75030,816,011 total(indirect: See footnotes)
  • Sale

    Common Stock

    2013-07-31$3.43/sh232,172$796,35030,569,328 total(indirect: See footnotes)
  • Sale

    Common Stock

    2013-07-30$3.45/sh14,511$50,06330,801,500 total(indirect: See footnotes)
  • Sale

    Common Stock

    2013-07-30$3.42/sh2,902,151$9,925,35630,859,543 total(indirect: See footnotes)
  • Sale

    Call Option (obligation to sell)

    2013-07-30$60.00/sh48$2,88048 total(indirect: See footnotes)
    Exercise: $3.00From: 2013-07-30Exp: 2013-10-19Common Stock (4,800 underlying)
Transactions
  • Sale

    Common Stock

    2013-07-30$3.44/sh43,532$149,75030,816,011 total(indirect: See footnotes)
  • Sale

    Common Stock

    2013-07-31$3.43/sh232,172$796,35030,569,328 total(indirect: See footnotes)
  • Sale

    Common Stock

    2013-07-30$3.42/sh2,902,151$9,925,35630,859,543 total(indirect: See footnotes)
  • Sale

    Call Option (obligation to sell)

    2013-07-30$60.00/sh48$2,88048 total(indirect: See footnotes)
    Exercise: $3.00From: 2013-07-30Exp: 2013-10-19Common Stock (4,800 underlying)
  • Sale

    Common Stock

    2013-07-30$3.45/sh14,511$50,06330,801,500 total(indirect: See footnotes)
  • Sale

    Call Option (obligation to sell)

    2013-07-31$54.03/sh919$49,654919 total(indirect: See footnotes)
    Exercise: $3.00From: 2013-07-31Exp: 2013-10-19Common Stock (71,000 underlying)
Fine Scott A
10% Owner
Transactions
  • Sale

    Call Option (obligation to sell)

    2013-07-31$54.03/sh919$49,654919 total(indirect: See footnotes)
    Exercise: $3.00From: 2013-07-31Exp: 2013-10-19Common Stock (71,000 underlying)
  • Sale

    Common Stock

    2013-07-30$3.44/sh43,532$149,75030,816,011 total(indirect: See footnotes)
  • Sale

    Call Option (obligation to sell)

    2013-07-30$60.00/sh48$2,88048 total(indirect: See footnotes)
    Exercise: $3.00From: 2013-07-30Exp: 2013-10-19Common Stock (4,800 underlying)
  • Sale

    Common Stock

    2013-07-30$3.42/sh2,902,151$9,925,35630,859,543 total(indirect: See footnotes)
  • Sale

    Common Stock

    2013-07-31$3.43/sh232,172$796,35030,569,328 total(indirect: See footnotes)
  • Sale

    Common Stock

    2013-07-30$3.45/sh14,511$50,06330,801,500 total(indirect: See footnotes)
Footnotes (2)
  • [F1]This statement is filed by (i) Empire Capital Management, L.L.C., a Delaware limited liability company ("Empire Management") with respect to the shares of Common Stock directly held by Empire Capital Partners, L.P. ("Empire Onshore"), Empire Capital Partners, Ltd. ("Empire Offshore"), Empire Capital Partners Enhanced Master Fund, Ltd. ("Empire Enhanced Master", and together with Empire Onshore and Empire Offshore, the "Empire Investment Funds"), (ii) Mr. Scott A. Fine ("Mr. Fine") with respect to the shares of Common Stock directly held by the Empire Investment Funds and (iii) Mr. Peter J. Richards ("Mr. Richards") with respect to the shares of Common Stock directly held by the Empire Investment Funds.
  • [F2]Empire Management serves as the investment manager to, and has investment discretion over the securities held by, the Empire Investment Funds. Mr. Fine and Mr. Richards are the only managing members of Empire Management. Each of the reporting persons disclaims beneficial ownership of the shares reported herein to the extent such beneficial ownership exceeds its pecuniary interest therein.

Issuer

SONUS NETWORKS INC

CIK 0001105472

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001105472

Filing Metadata

Form type
4
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 4:32 PM ET
Size
19.0 KB