Home > Insider Trading > Filing (0001140361-14-025433)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1549872	Comverse Inc.	CNSI	Services-Business Services, Nec (7389)	043398741

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1458693	A Matthew Drapkin	500 Crescent Court Suite 230 Dallas TX 75201		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	2014-06-11	49,608	$23.68	1,399,106	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2014-06-11	30,000	$23.57	1,429,106	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2014-06-11	900	$23.51	1,430,006	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2014-06-12	14,737	$23.59	1,444,743	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2014-06-12	2,700	$23.40	1,447,443	No	4	P	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes

Footnotes

Represents common stock ("Common Stock"), par value $0.01 per share, of Comverse, Inc. directly beneficially owned by Becker Drapkin Partners (QP), L.P. ("Becker Drapkin QP") (436,198 shares), Becker Drapkin Partners, L.P. ("Becker Drapkin, L.P.") (60,957 shares), BD Partners VII, L.P. ("BD Partners VII") (189,414 shares), and BD Partners VII SPV, L.P. ("BD Partners VII SPV") (478,136 shares), and Common Stock directly held by a managed account on behalf of an investment advisory client (the "Managed Account") of Becker Drapkin Management, L.P. ("BD Management") (282,738 shares). (continued in Footnote 2).
Mr. Drapkin may be deemed to beneficially own such Common Stock as he is a co-managing member of BC Advisors, LLC, which is the general partner of BD Management (of which Mr. Drapkin is a limited partner), and BD Management is the general partner of, and investment manager for, each of Becker Drapkin QP, Becker Drapkin, L.P., BD Partners VII, and BD Partners VII SPV and the investment manager of the Managed Account. Mr. Drapkin disclaims beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein.