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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
922521	Falconstor Software Inc	FALC	Services-Prepackaged Software (7372)	770216135

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1013232	Irwin Lieber	C/O Falconstor Software, Inc. 2 Huntington Quadrangle Melville NY 11747		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	2014-12-09	42,710	$1.25	1,728,827	No	4	P	Direct
Common Stock	Acquisiton	2014-12-10	25,000	$1.28	1,753,827	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	164,000	Indirect	By Buckland Focus Fund

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.23 to $1.26, inclusive. The reporting person undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price such shares were purchased
Mr. Lieber is a general partner of Buckland Focus Fund. Mr. Lieber disclaims beneficial ownership of these securities except to the extent of his equity interest therein.