SEC Form 4 · accession 0000899243-15-007589

XURA, INC. · MESG

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

Reporting owner

Matthew A Drapkin

Director

Period of report

Nov 2, 2015

Accepted (ET)

Nov 4, 2015 · 4:45 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001549872

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F7,F8	Nov 2, 2015	J	53,077	$0.00	D	7,880	I	See footnotes
Common Stock^F1,F7,F8	Nov 2, 2015	J	7,880	$0.00	D	0	I	See footnotes
Common Stock^F2,F7,F8	Nov 2, 2015	J	239,051	$0.00	D	197,147	I	See footnotes
Common Stock^F2,F7,F8	Nov 2, 2015	J	7,880	$0.00	A	205,027	I	See footnotes
Common Stock^F3,F7,F8	Nov 2, 2015	J	53,077	$0.00	A	53,077	I	See footnotes
Common Stock^F3,F7,F8	Nov 2, 2015	J	239,051	$0.00	A	292,128	I	See footnotes
Common Stock^F4,F8	holding	—	—		—	282,738	I	See footnotes
Common Stock^F5,F8	holding	—	—		—	189,414	I	See footnotes
Common Stock^F6,F8	holding	—	—		—	478,136	I	See footnotes
Common Stock^F9	holding	—	—		—	10,127	D

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Represents Common Stock of the Issuer directly held by Becker Drapkin Partners, L.P. ("Becker Drapkin, L.P.").
F2Represents Common Stock of the Issuer directly held by Northern Right Capital (QP), L.P. (f/k/a Becker Drapkin Partners (QP), L.P.) ("NRC QP").
F3Represents Common Stock of the Issuer directly held by Becker Drapkin Partners SLV, Ltd. ("BD SLV").
F4Represents Common Stock of the Issuer directly held by a managed account on behalf of an investment advisory client (the "Managed Account") of Northern Right Capital Management, L.P. (f/k/a Becker Drapkin Management, L.P.) ("NRC Management").
F5Represents Common Stock of the Issuer directly held by BD Partners VII, L.P. ("BD VII").
F6Represents Common Stock of the Issuer directly held by BD Partners VII SPV, L.P. ("BD VII SPV").
F7Pursuant to Rule 16a-13 of the Securities Exchange Act of 1934, on November 2, 2015, as part of an internal restructuring of the entities managed by NRC Management, (i) NRC QP transferred 239,051 shares of Common Stock to BD SLV, (ii) Becker Drapkin, L.P. transferred 53,077 shares of Common Stock to BD SLV and (iii) Becker Drapkin, L.P. transferred 7,880 shares of Common Stock to NRC QP, in each case in exchange for interests of the applicable transferee.
F8Mr. Drapkin may be deemed to beneficially own such Common Stock as he is a member of BC Advisors, LLC, which is the general partner of NRC Management (of which Mr. Drapkin is a limited partner), and NRC Management is the general partner of, and investment manager for, each of NRC QP, BD VII, and BD VII SPV, and the investment manager for each of BD SLV and the Managed Account. Mr. Drapkin disclaims beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein.
F9Includes 6,528 shares of Common Stock deliverable in settlement of unvested director stock unit awards, which shall vest and be delivered on June 26, 2016.