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Filing Details

Accession Number:: 0001181431-13-027107
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-05-10 17:30:41
Reporting Period:: 2013-05-10

Filing Date:: 2013-05-10
Accepted Time:: 2013-05-10 17:30:41
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1002225	Advent Software Inc	ADVS	Services-Computer Programming Services (7371)	942901952

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
919468	Spo Advisory Corp	591 Redwood Highway, Suite 3215 Mill Valley CA 94941	No	No	Yes	No
948279	Sf Advisory Partners Lp	591 Redwood Highway , Suite 3215 Mill Valley CA 94941	No	No	Yes	No
1046206	Spo Partners Ii Lp	591 Redwood Highway, Suite 3215 Mill Valley CA 94941	No	No	Yes	No
1202553	H John Scully	591 Redwood Highway, Suite 3215 Mill Valley CA 94941	Yes	No	Yes	No
1252456	Spo Advisory Partners Lp	591 Redwood Highway, Suite 3215 Mill Valley CA 94941	No	No	Yes	No
1252458	San Francisco Partners Lp	591 Redwood Highway, Suite 3215 Mill Valley CA 94941	No	No	Yes	No
1252462	J Eli Weinberg	591 Redwood Highway , Suite 3215 Mill Valley CA 94941	No	No	Yes	No
1252480	Foundation Snow Phoebe	591 Redwood Highway , Suite 3215 Mill Valley CA 94941	No	No	Yes	No
1545752	Trust Mcdermott Elizabeth & Edward	591 Redwood Highway Suite 3215 Mill Valley CA 94941	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-05-10	7,542,279	$25.25	8,198,921	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes

Footnotes

The entities directly selling these shares reported on this form are SPO Partners II, L.P. ("SPO Partners"), which sold 6,896,279 shares, San Francisco Partners, L.P. ("SF Partners"), which sold 617,000 shares and Phoebe Snow Foundation ("PSF"), which sold 29,000 shares. The price for the sales on 5/10/13, reported in Table I above, was $25.25.
Due to the sales causing this filing, 7,526,521 shares are owned directly by SPO Partners, and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P. ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Advisory Corp. ("SPO Corp."), the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS") and Edward H. McDermott ("EHM"), the two controlling persons of SPO Corp. 672,400 shares are owned directly by San Francisco Partners, L.P. ("SF Partners"), and may be deemed to be indirectly beneficially owned by (i)SF Advisory Partners, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp. the sole general partner of SF Advisory and (iii) JHS and EHM, the two controlling persons of SPO Corp. Additionally, Phoebe Snow Foundation ("PSF") owns 31,800 shares.
Additionally, JHS owns 400 shares in his IRAs, which are self-directed. Additionally, Eli J. Weinberg ("EJW"), owns 340 shares in his individual account, which is self-directed.
Additionally, JHS owns 120,000 options of the issuer's common stock. These options were granted to JHS as a director of the company under the 2002 Stock Plan. Pursuant to the partnership agreement governing SPO Partners, total options owned by JHS may be deemed to be indirecly beneficially owned by SPO Partners, along with any profits arising from the exercise of the options or the benefits of these options once they are vested. JHS and EHM are the two controlling persons of SPO Corp, the sole general partner of SPO Advisory, which is the sole general partner of SPO Partners. Each of the reporting owners disclaims beneficial ownership of the reported securities except to the extent of such person's pecuniary interest, if any, therein.