SEC Form 4 · accession 0001209191-15-064712
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
Aug 5, 2015
Accepted (ET)
Aug 7, 2015 · 5:59 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 | Aug 5, 2015 | M | 1,331 | $2.40 | A | 102,207 | D | |
| Common Stock | Aug 5, 2015 | S | 10,000 | $36.00 | D | 92,207 | 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 | Aug 5, 2015 | M | 1,331 | D | — | Jun 10, 2019 | Common Stock | 1,331 | 10,000 | 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.