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EPIC Epicor Software Corp. (MM)

12.50
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Epicor Software Corp. (MM) NASDAQ:EPIC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.50 0 01:00:00

- Statement of Changes in Beneficial Ownership (4)

18/05/2011 11:18pm

Edgar (US Regulatory)


FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

KLAUS L GEORGE
2. Issuer Name and Ticker or Trading Symbol

EPICOR SOFTWARE CORP [ EPIC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chairman, President & CEO
(Last)          (First)          (Middle)

18200 VON KARMAN AVENUE, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YYYY)

5/16/2011
(Street)

IRVINE, CA 92612
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   5/16/2011     S (1)    3365788   D $12.5   66667   D    
Common Stock   5/16/2011     D (2)    66667   D $0   0   D    
Common Stock   5/16/2011     U    313969   D $12.5   20000   I   By spouse.  
Common Stock   5/16/2011     D (2)    20000   D $0   0   I   By spouse.  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option   $1.15   5/16/2011     D         272000    8/20/2003   8/20/2011   Common Stock   272000     (3) 100000   D    
Employee Stock Option   $8.12   5/16/2011     D         100000    5/2/2008   5/2/2018   Common Stock   100000     (3) 0   D    
Employee Stock Option   $15.21   5/16/2011     D         35000    10/26/2008   10/26/2014   Common Stock   35000     (4) 12812   I   By spouse.  
Employee Stock Option   $12.74   5/16/2011     D         7812    1/2/2008   1/2/2014   Common Stock   7812     (4) 5000   I   By spouse.  
Employee Stock Option   $10.39   5/16/2011     D         5000    7/19/2006   7/19/2014   Common Stock   5000     (3) 0   I   By spouse.  

Explanation of Responses:
( 1)  Private sale to Element Merger Sub,. Inc. ("Element") for $12.50 per share pursuant to the terms of a Non-Tender and Support Agreement between the reporting person and Element and in connection with the merger agreement between issuer, Element and Eagle Parent, Inc.
( 2)  In an exempt disposition to the issuer under rule 16b-3(e), the issuer exercised its right of repurchase on the restricted shares indicated herein.
( 3)  This option, which was fully vested at the time of disposition, was cancelled in the merger in exchange for a cash payment representing the difference between the exercise price of the option and the $12.50 per share merger price.
( 4)  This option, which was fully vested at the time of disposition, was cancelled in the merger.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
KLAUS L GEORGE
18200 VON KARMAN AVENUE, SUITE 1000
IRVINE, CA 92612
X
Chairman, President & CEO

Signatures
/s/John D. Ireland, Attorney in Fact 5/18/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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