SEC Form 4 · accession 0001209191-17-016035
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
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 5:33 pm EST
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 StockF1 | Feb 27, 2017 | A | 42,799 | $0.00 | D | 133,218 | D | |
| Common StockF2 | holding | — | — | — | 16,666 | I | By The Scott D. Hoffpauir 2000 Family Irrevocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares issuable upon the vesting of restricted stock units ("RSUs") awarded to the Reporting Person on February 27, 2017. The RSUs vest in 12 equal quarterly installments beginning on May 27, 2017, in all cases so long as there has been no break in the Reporting Person's continuous service through such date.
- 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.