Dialogic Inc. 4
4 · Dialogic Inc. · Filed Nov 20, 2014
Insider Transaction Report
Form 4
Dialogic Inc.DLGC
TENNENBAUM CAPITAL PARTNERS LLC
10% Owner
Transactions
- Other
Common Stock
2014-11-18$0.15/sh+58,333,333$8,750,000→ 67,275,494 total(indirect: Footnote)
Footnotes (3)
- [F1]The shares of Common Stock were acquired in exchange for outstanding indebtedness owed by a subsidiary of the Issuer in the amount of $8.75 million, at a conversion price equal to $0.15 per share.
- [F2]Special Value Opportunities Fund, LLC ("SVOF") is the registered holder of 22,265,539 shares of Common Stock, Special Value Expansion Fund, LLC ("SVEF") is the registered holder of 9,394,742 shares of Common Stock and Tennenbaum Opportunities Partners V, LP ("TOP V" and, together with SVOF and SVEF, the "Funds") is the registered holder of 35,615,213 shares of Common Stock.
- [F3]By reason of its position as Investment Manager to the Funds, the Reporting Person has the power of voting and disposition of the Common Stock held by the Funds. The Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein.