Filing Details

Accession Number:
0001140361-12-021312
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-04-24 18:59:59
Reporting Period:
2012-04-20
Filing Date:
2012-04-24
Accepted Time:
2012-04-24 18:59:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
945384 Cicero Inc CICN Services-Computer Programming Services (7371) 112920559
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1069726 Jonathan Gallen C/O Ahab Capital Management, Inc.
299 Park Avenue, 17Th Floor
New York NY 10171
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, Par Value $0.001 Per Share Disposition 2012-04-20 45,000 $0.17 8,951,136 No 4 S Indirect By partnerships, corporations and various investment accounts
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By partnerships, corporations and various investment accounts
Footnotes
  1. As of April 20, 2012, Ahab Opportunities, L.P., formerly Ahab Partners, L.P. ("Ahab"), Ahab Opportunities, Ltd., formerly Ahab International, Ltd. ("Opportunities"), certain affiliated funds, and one or more private investment accounts (the "Accounts") held in the aggregate 8,951,136 shares of common stock, par value $0.001 per share (the "Shares"), of Cicero, Inc., formerly Level 8 Systems, Inc. (the "Company"). All warrants previously reported as held by Ahab, Opportunities, the affiliated funds, and the Accounts have expired.
  2. Jonathan Gallen possesses the sole power to vote and the sole power to direct the disposition of 8,851,136 Shares held by Ahab, Opportunities, and the affiliated funds. In addition, Mr. Gallen possesses the sole power to direct the disposition of 100,000 Shares held by the Accounts. Accordingly, for the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Mr. Gallen is deemed to beneficially own 8,951,136 Shares. Mr. Gallen's interest in the securities reported herein is limited to the extent of his pecuniary interest in Ahab, Opportunities, the affiliated funds, and the Accounts, respectively, if any.