SEC Form 4 · accession 0000068505-17-000007
SOUNDTHINKING, INC. · SSTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Motorola Solutions, Inc.
10% Owner
Period of report
Jun 7, 2017
Accepted (ET)
Jun 9, 2017 · 8:47 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001351636
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Buy)F1 | $5.8667 | Jun 7, 2017 | X | 85,226 | D | — | Aug 31, 2019 | Series B-1 Preferred Stock | 85,226 | 0 | D |
| Series B-1 Preferred StockF2 | — | Jun 7, 2017 | A | 39,771 | A | — | — | Common Stock | 39,771 | 949,779 | D |
Explanation of responses
- F1The Warrants were exercised prior to the closing of the Issuer's initial public offering for such number of shares of Series B-1 Preferred Stock issuable pursuant to a cashless net exercise provision, resulting in the Issuer witholding 45,454 of the warrant shares to pay the aggregrate exercise price, using the offering price in the Issuer's initial public offering of $11, issuing to the Reporting Person the remaining 39,771 shares of Series B-1 Preferred Stock. The Reporting Person waived payment of $9.63 for a fractional share of Series B-1 Preferred Stock.
- F2The Series B-1 Preferred Stock will convert automatically into common stock of the Issuer without additional consideration upon the closing of the initial public offering on a one-for-one basis and has no expiration date.