SEC Form 4 · accession 0001062993-16-011080
Upland Software, Inc. · UPLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Aug 8, 2016
Accepted (ET)
Aug 15, 2016 · 6:02 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001505155
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 8, 2016 | P | 5,025 | $7.6931 | A | 2,863,726 | D | |
| Common StockF1 | Aug 9, 2016 | P | 3,024 | $7.6511 | A | 2,866,750 | D | |
| Common StockF1 | Aug 10, 2016 | P | 6,350 | $7.6923 | A | 2,873,100 | D | |
| Common StockF1 | Aug 11, 2016 | P | 723 | $7.9065 | A | 2,873,823 | D | |
| Common StockF2 | holding | — | — | — | 1,000,000 | I | See Footnote | |
| Common StockF3 | holding | — | — | — | 1,803,574 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are held directly by ESW Capital, LLC ("ESW"). Joseph Liemandt is the sole voting member of ESW and may be deemed to have beneficial ownership, for purposes of Section 13(d) of the Securities Exchange Act of 1934, of the shares held by ESW. Mr. Liemandt disclaims Section 16 beneficial ownership of the shares held by ESW, except to the extent, if any, of his pecuniary interest therein.
- F2These shares are held directly by EPM Live, Inc., formerly known as Hipcricket, Inc. ("EPM Live"), a subsidiary and an affiliate of ESW. Each of Mr. Liemandt and ESW disclaims Section 16 beneficial ownership of the shares held by EPM Live, except to the extent, if any, of their respective pecuniary interest therein.
- F3These shares are held directly by Acorn Performance Group, Inc. ("Acorn"), a controlled subsidiary of ESW. Each of Mr. Liemandt and ESW disclaims Section 16 beneficial ownership of the shares held by Acorn, except to the extent, if any, of their respective pecuniary interest therein.