SEC Form 4 · accession 0001209191-17-021767
BROADSOFT, INC. · BSFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Dourgarian
Officer — Chief Accounting Officer
Period of report
Apr 28, 2016
Accepted (ET)
Mar 20, 2017 · 5:06 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 StockF1,F2 | Apr 28, 2016 | A | 8,500 | $0.00 | A | 36,394 | D |
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 April 28, 2016. The Reporting Person acquired 8,500 RSUs, of which an aggregate of 2,125 shares previously vested in 3 quarterly installments (708 shares on July 1, 2016, 708 shares on October 1, 2016 and 709 shares January 1, 2017). The remaining 6,375 RSUs will vest in 9 equal quarterly installments beginning on April 1, 2017, in all cases so long as there has been no break in the Reporting Person's continuous service through such date.
- F2Represents the number of shares beneficially owned by the Reporting Person as of the date of this filing and reflects all transactions effected and reported by the Reporting Person subsequent to the date of the transaction reported hereby.