Filing Details

Accession Number:
0001209191-13-057477
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-12-17 17:33:20
Reporting Period:
2013-12-13
Filing Date:
2013-12-17
Accepted Time:
2013-12-17 17:33:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1105472 Sonus Networks Inc SONS Services-Computer Integrated Systems Design (7373) 043387074
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1321711 Empire Capital Management, L.l.c. 1 Gorham Island
Suite 201
Westport CT 06880
No No Yes No
1522646 A Scott Fine C/O Empire Capital Management Llc
1 Gorham Island, Suite 201
Westport CT 06880
No No Yes No
1522647 J Peter Richards C/O Empire Capital Management Llc
1 Gorham Island, Suite 201
Westport CT 06880
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.001 Disposition 2013-12-13 285,328 $2.76 25,679,554 No 4 S Indirect See notes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See notes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.001 Put Option (obligation to buy) Disposition 2013-12-13 1,924 $0.46 192,400 $3.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,808 2013-12-13 2014-07-19 No 4 S Indirect
Footnotes
  1. This statement is filed by (i) Empire Capital Management, L.L.C., a Delaware limited liability company ("Empire Management") with respect to the shares of Common Stock directly held by Empire Capital Partners, L.P. ("Empire Onshore"), Empire Capital Partners, Ltd. ("Empire Offshore"), Empire Capital Partners Enhanced Master Fund, Ltd. ("Empire Enhanced Master", and together with Empire Onshore and Empire Offshore, the "Empire Investment Funds"), (ii) Mr. Scott A. Fine ("Mr. Fine") with respect to the shares of Common Stock directly held by the Empire Investment Funds and (iii) Mr. Peter J. Richards ("Mr. Richards") with respect to the shares of Common Stock directly held by the Empire Investment Funds.
  2. Empire Management serves as the investment manager to, and has investment discretion over the securities held by, the Empire Investment Funds. Mr. Fine and Mr. Richards are the only managing members of Empire Management. Each of the reporting persons disclaims beneficial ownership of the shares reported herein to the extent such beneficial ownership exceeds its pecuniary interest therein.