SEC Form 4 · accession 0001209191-15-034648
BROADSOFT, INC. · BSFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D. Hoffpauir
Officer — Chief Technology Officer
Period of report
Apr 14, 2015
Accepted (ET)
Apr 16, 2015 · 5:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001086909
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 14, 2015 | M | 40,000 | $2.40 | A | 143,960 | D | |
| Common Stock | Apr 14, 2015 | S | 40,000 | $36.00 | D | 103,960 | D | |
| Common StockF2 | holding | — | — | — | 16,666 | I | By The Scott D. Hoffpauir 2000 Family Irrevocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $2.40 | Apr 14, 2015 | M | 40,000 | D | — | Jun 10, 2019 | Common Stock | 40,000 | 21,331 | D |
Explanation of responses
- F1These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2014.
- F2Held for the benefit of the minor children of the Reporting Person. The Reporting Person disclaims beneficial ownership of any shares held by The Scott D. Hoffpauir 2000 Family Irrevocable Trust.
- F3Immediately exercisable.