HUNT JOHN 4

Accession 0001283875-09-000001

CIK 0001311926other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 4:34 PM ET

Size

20.1 KB

Accession

0001283875-09-000001

Form 4

Period: 2008-12-31

Director

Transactions

Purchase
Common Stock
2008-12-31$0.42/sh+1,947,088$817,777→ 1,965,088 total(indirect: See Footnote)
Purchase
Right to Acquire
2008-12-31+1,915,343→ 1,915,343 total(indirect: See Footnote)
Exercise: $0.42From: 2008-12-31Exp: 2009-05-15→ Common Stock (1,915,343 underlying)

Holdings

Stock Apreciation Right
(indirect: See Footnote)
Exercise: $1.00From: 2008-07-31Exp: 2013-07-31→ Common Stock (15,000 underlying)
15,000
Stock Apreciation Right
(indirect: See Footnote)
Exercise: $1.90From: 2007-10-01Exp: 2012-10-01→ Common Stock (5,000 underlying)
5,000
Stock Purchase Warrant
(indirect: See Footnote)
Exercise: $1.84From: 2006-08-14Exp: 2016-08-15→ Common Stock (333,333 underlying)
333,333
Series D Convertible Preferred Stock
(indirect: See Footnote)
Exercise: $1.67From: 2006-08-14→ Common Stock (2,994,011 underlying)
5,000
Stock Appreciation Right
(indirect: See Footnote)
Exercise: $1.75From: 2006-07-31Exp: 2011-07-31→ Common Stock (10,000 underlying)
10,000
Series C-1 Convertible Preferred Stock
(indirect: See Footnote)
Exercise: $2.01From: 2005-08-17→ Common Stock (7,462,687 underlying)
15,000
Stock Purchase Warrant
(indirect: See Footnote)
Exercise: $2.11From: 2005-08-17Exp: 2015-08-17→ Common Stock (1,000,000 underlying)
1,000,000
Stock Apreciation Right
(indirect: See Footnote)
Exercise: $2.13From: 2007-07-31Exp: 2012-07-31→ Common Stock (10,000 underlying)
10,000

Footnotes (6)

[F1]Includes 4,667 restricted stock units that vest on 7/31/09 and 2,334 restricted stock units that vest on 7/31/10.
[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.

Documents

1 file

SoftBrands, Inc.

CIK 0001311926

Entity typeother