Filing Details

Accession Number:
0001209191-10-035203
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-21 13:00:00
Reporting Period:
2010-06-21
Filing Date:
2010-06-21
Accepted Time:
2010-06-21 20:12:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1086909 Broadsoft Inc BSFT Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1334320 L Douglas Maine C/O Broadsoft, Inc.
220 Perry Parkway
Gaithersburg MD 20877
Yes No No 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 Acquisiton 2010-06-21 3,333 $0.00 3,333 No 4 A Direct
Common Stock Acquisiton 2010-06-21 5,000 $9.00 8,333 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
Footnotes
  1. Represents shares of common stock underlying restricted stock units (the "RSUs") that were granted on November 5, 2009. These RSUs would vest only upon the occurrence of the earlier of an initial public offering or a change of control of the Issuer where the consideration received in the change of control transaction was cash or freely tradable registered shares, subject in either case to the reporting person's continuous service as a director the vesting date. Accordingly, these awards were not reportable for Section 16 purposes until the satisfaction of the performance vesting condition. The performance condition was satisfied, and the RSUs became vested, on June 21, 2010, upon the closing of the Issuer's initial public offering. The shares underlying the RSUs were issued to the reporting person immediately upon vesting of the award.
  2. These shares were purchased in the Issuer's initial public offering.