SEC Form 4 · accession 0000899243-17-021060
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Aug 22, 2017
Accepted (ET)
Aug 28, 2017 · 8:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922521
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Aug 22, 2017 | P | 1,032,943 | $0.3587 | A | 6,049,420 | D | |
| Common StockF3,F1 | Aug 23, 2017 | P | 349,941 | $0.3885 | A | 6,399,361 | D |
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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.33 to $0.40, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.38 to $0.40, inclusive.