4//SEC Filing
FW INVESTORS V LP 4
Accession 0000950142-08-001579
CIK 0001066194other
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 7:27 AM ET
Size
25.0 KB
Accession
0000950142-08-001579
Insider Transaction Report
Form 4
FW INVESTORS V LP
Other
Transactions
- Other
Common Stock Purchase Warrants
2008-09-24+103,384→ 103,384 totalExercise: $0.95Exp: 2011-09-24→ Common Stock (103,384 underlying) - Other
Commn Stock
2008-09-24$0.95/sh+466,258$442,945→ 1,841,443 total
Footnotes (4)
- [F1]On September 24, 2008, the Issuer entered into a Conversion Agreement and Amendment to Subordinated Secured Promissory Notes (the "Agreement") with Ashutosh Roy, Oak Hill Capital Partners, L.P., Oak Hill Capital Management Partners, L.P. and FW Investors V, L.P. (collectively, the "Lenders"). The Lenders previously loaned the Issuer an aggregate of $8,500,000 and received promissory notes with a maturity date of March 31, 2009 (the "Prior Notes"). Pursuant to the Agreement, the Issuer and the Lenders agreed to (i) convert a portion of the outstanding indebtedness under the Prior Notes equal to $6,535,977 into shares of the Issuer's common stock at a price per share equal to $0.95 and (ii) extend the maturity date of the remaining outstanding indebtedness accrued under the Prior Notes to March 31, 2012, as well as the period for which interest shall accrue on the Prior Notes (the "Note Extension").
- [F2]Pursuant to the Agreement and subject to the terms and conditions contained therein, the Lenders received warrants to purchase an aggregate of 1,525,515 shares of the Issuer's common stock at a price per share equal to $0.95 as consideration for the Note Extension (the "Warrants"). See footnote (1) above.
- [F3]Common Stock Purchase Warrants (right to buy) previously reported herein have expired and are no longer exercisable.
- [F4]Immediately.
Issuer
EGAIN COMMUNICATIONS CORP
CIK 0001066194
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001158778
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 7:27 AM ET
- Size
- 25.0 KB