HUNT JOHN 4
4 · SoftBrands, Inc. · Filed Oct 3, 2007
Insider Transaction Report
Form 4
HUNT JOHN
Director
Transactions
- Award
Common Stock
2007-10-01+3,000→ 11,000 total(indirect: See Footnote) - Exercise/Conversion
Stock Appreciation Rights
2007-10-01+5,000→ 5,000 total(indirect: See Footnote)Exercise: $1.90From: 2007-10-01Exp: 2012-10-01→ Common Stock (5,000 underlying)
Holdings
- 1,000,000(indirect: See Footnote)
Stock Purchase Warrant
Exercise: $2.11From: 2005-08-17Exp: 2015-08-17→ Common Stock (1,000,000 underlying) - 15,000(indirect: See Footnote)
Series C-1 Convertible Preferred Stock
Exercise: $2.01From: 2005-08-17→ Common Stock (7,462,687 underlying) - 10,000(indirect: See Footnote)
Stock Appreciation Rights
Exercise: $1.75From: 2006-07-31Exp: 2011-07-31→ Common Stock (10,000 underlying) - 5,000(indirect: See Footnote)
Series D Convertible Preferred Stock
Exercise: $1.67From: 2006-08-14→ Common Stock (2,994,011 underlying) - 333,333(indirect: See Footnote)
Stock Purchase Warrant
Exercise: $1.84From: 2006-08-14Exp: 2016-08-15→ Common Stock (333,333 underlying)
Footnotes (6)
- [F1]Includes 3,666 restricted stock units that vest on 7/31/08 and 2,334 that vest on 7/31/09.
- [F2]The reported securities are owned directly by ABRY Mezzanine Partners, L.P. ("ABRY"). The general partner of ABRY is ABRY Mezzanine Investors, L.P. ("ABRY Investors"). ABRY Investors' general partner is ABRY Mezzanine Holdings, LLC ("ABRY Holdings") whose managing partner is Royce Yudkoff. An Investment Committee of ABRY Holdings exercises exclusive decision making authority with respect to investments by ABRY. John Hunt acts a director of the Issuer on behalf of ABRY and disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein by virtue of his ownership interest in ABRY. ABRY also may be deemed a director by virtue of its right to nominate a representative to serve on SoftBrands' Board of Directors.
- [F3]Conversion Price is subject to adjustment.
- [F4]Each share of Preferred Stock is convertible at any time at the holder's option and, subject to satisfaction of current conditions, may be redeemed by the Issuer at any time after August 17, 2007.
- [F5]Exercise Price subject to adjustment.
- [F6]Exercisable with respect to 1/3 of such shares on such date and with respect to an additional cumulative 1/3 of such shares on the next three anniversaries of such date.