Filing Details

Accession Number:
0001162675-10-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-13 13:00:00
Reporting Period:
2010-05-11
Filing Date:
2010-05-13
Accepted Time:
2010-05-13 19:09:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1023364 Autobytel Inc ABTL Services-Computer Programming, Data Processing, Etc. (7370) 330711569
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1162675 Coghill Capital Management Llc 1 N Wacker Dr
Ste 4350
Chicago IL 60606
No No Yes No
1235155 D Clint Coghill 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 Disposition 2010-05-11 100,000 $1.04 7,618,410 No 4 S Indirect Indirectly by Coghill Capital Management, LLC and Clint D. Coghill
Common Stock Disposition 2010-05-13 96,724 $1.00 7,521,686 No 4 S Indirect Indirectly by Coghill Capital Management, LLC and Clint D. Coghill
Common Stock Disposition 2010-05-13 180,000 $1.03 7,341,686 No 4 S Indirect Indirectly by Coghill Capital Management, LLC and Clint D. Coghill
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Indirectly by Coghill Capital Management, LLC and Clint D. Coghill
No 4 S Indirect Indirectly by Coghill Capital Management, LLC and Clint D. Coghill
No 4 S Indirect Indirectly by Coghill Capital Management, LLC and Clint D. Coghill
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Abtl Common Stock Equity Swap Disposition 2010-05-11 279,003 $1.05 279,003 $0.54
Abtl Common Stock Equity Swap Disposition 2010-05-12 533,534 $1.01 533,534 $0.54
Abtl Common Stock Equity Swap Disposition 2010-05-13 1,597,808 $1.02 1,597,808 $0.54
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,460,669 2009-04-30 2012-05-04 Yes 4 S Indirect
1,927,135 2009-04-30 2012-05-04 Yes 4 S Indirect
329,327 2009-04-30 2012-05-04 Yes 4 S Indirect
Footnotes
  1. The Reporting Person disclaims beneficial ownership of the securities to the extent of its pecuniary interest therein.
  2. Principal of investment manager or investment manager to the investment management entity in whose account the reported securities are held.
  3. The reported transaction relates to the sale of the subject securities by CCM SPV II, LLC, a private investment vehicle managed by Coghill Capital Management, L.L.C., and which received the subject securities in connection with certain in-kind redemptions by investors from CCM Master Qualified Fund, Ltd. CCM SPV II, LLC is not (and never has been) itself a "10% owner" subject to Section 16. Further, Coghill Capital Management, L.L.C. and Clint D. Coghill have no pecuniary interest in CCM SPV II, LLC or the subject securities.
  4. Under the terms of these total return equity swap agreements (the "Swaps") (i) CCM Master Qualified Fund, Ltd or CCM SPV II, LLC, as the case may be, will be obligated to pay to the counterparty any capital depreciation of the reference shares as of maturity, plus interest, and (ii) the counterparty will be obligated to pay to the CCM Master Qualified Fund, Ltd or CCM SPV II, LLC, as the case may be, any capital appreciation of the reference shares as of maturity. Any dividends received by the counterparty on the reference shares during the term of the Swaps will be paid to CCM Master Qualified Fund, Ltd or CCM SPV II, LLC, as the case may be. All balances will be cash settled at maturity and there will be no transfer of voting or dispositive power over the reference shares.