SEC Form 4 · accession 0001209191-17-039105

Jive Software, Inc. · JIVE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

David B Puglia

Officer — Chief Marketing Officer

Period of report

Jun 12, 2017

Accepted (ET)

Jun 12, 2017 · 3:09 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001462633

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Jun 12, 2017	D	119,571	—	D	0	D

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	$5.06	Jun 12, 2017	D	175,000	D	—	Feb 13, 2025	Common Stock	175,000	0	D
Stock Option (right to buy)^F3	$3.79	Jun 12, 2017	D	75,000	D	—	May 23, 2026	Common Stock	75,000	0	D

Explanation of responses

F1Each outstanding share of the Common Stock of the Issuer was converted into the right to receive $5.25 per share in cash, as described in the Merger Agreement.
F2Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive Common Stock shares of the Issuer. The RSUs were cancelled and converted automatically into the right to receive cash, as described in the Merger Agreement.
F3Each outstanding option of the Issuer was either converted into the right to receive cash, or was cancelled without any cash payment or other consideration, as described in the Merger Agreement.

Remarks

This Form 4 reports securities disposed pursuant to the terms of an Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 30, 2017, a copy of which is filed as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on May 1, 2017, and by which the Issuer became a wholly-owned subsidiary of Wave Systems Corp.