SEC Form 4 · accession 0000921895-16-006048
FALCONSTOR SOFTWARE INC · FALC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Rubenstein
Director
Period of report
Nov 4, 2016
Accepted (ET)
Nov 8, 2016 · 8:02 pm EST
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 StockF1,F2 | Nov 4, 2016 | A | 14,201 | $0.00 | A | 1,015,201 | D | |
| Common StockF3 | holding | — | — | — | 496,800 | I | By Woodland Venture Fund | |
| Common StockF4 | holding | — | — | — | 131,323 | I | By Seneca Ventures | |
| Common StockF5 | holding | — | — | — | 957,257 | I | By Woodland Partners | |
| Common StockF6 | holding | — | — | — | 187,900 | I | By Brookwood Partners, L.P. | |
| Common Stock | holding | — | — | — | 1,258 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Restricted Stock granted under the FalconStor Software 2016 Incentive Stock Plan as payment for board of director fees related to services performed for the second and third quarters of 2016. Such shares fully vested on November 4, 2016.
- F2Includes 100,000 shares held jointly by Barry Rubenstein and Marilyn Rubenstein (spouse).
- F3Held by Woodland Venture Fund. Mr. Rubenstein is a general partner of Woodland Venture Fund. Mr. Rubenstein disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F4Held by Seneca Ventures. Mr. Rubenstein is a general partner of Seneca Ventures. Mr. Rubenstein disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F5Held by Woodland Partners. Mr. Rubenstein is a general partner of Woodland Partners. Mr. Rubenstein disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F6Held by Brookwood Partners, L.P. Mr. Rubenstein is a general partner of Brookwood Partners, L.P. Mr. Rubenstein disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.