4//SEC Filing
SONUS NETWORKS INC 4
Accession 0001209191-13-057477
CIK 0001105472operating
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 5:33 PM ET
Size
11.5 KB
Accession
0001209191-13-057477
Insider Transaction Report
Form 4
Empire Capital Management, L.L.C.
10% Owner
Transactions
- Sale
Common stock, par value $0.001
2013-12-13$2.76/sh−285,328$787,505→ 25,679,554 total(indirect: See notes) - Sale
Put Option (obligation to buy)
2013-12-13$0.46/sh−1,924$885→ 4,808 total(indirect: See notes)Exercise: $3.00From: 2013-12-13Exp: 2014-07-19→ Common stock, par value $0.001 (192,400 underlying)
Fine Scott A
10% Owner
Transactions
- Sale
Put Option (obligation to buy)
2013-12-13$0.46/sh−1,924$885→ 4,808 total(indirect: See notes)Exercise: $3.00From: 2013-12-13Exp: 2014-07-19→ Common stock, par value $0.001 (192,400 underlying) - Sale
Common stock, par value $0.001
2013-12-13$2.76/sh−285,328$787,505→ 25,679,554 total(indirect: See notes)
Richards Peter J
10% Owner
Transactions
- Sale
Common stock, par value $0.001
2013-12-13$2.76/sh−285,328$787,505→ 25,679,554 total(indirect: See notes) - Sale
Put Option (obligation to buy)
2013-12-13$0.46/sh−1,924$885→ 4,808 total(indirect: See notes)Exercise: $3.00From: 2013-12-13Exp: 2014-07-19→ Common stock, par value $0.001 (192,400 underlying)
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.
Documents
Issuer
SONUS NETWORKS INC
CIK 0001105472
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001105472
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 5:33 PM ET
- Size
- 11.5 KB