GALLEN JONATHAN 4/A
4/A · CICERO INC · Filed May 2, 2012
Insider Transaction Report
Form 4/AAmended
CICERO INCCICN
GALLEN JONATHAN
10% Owner
Transactions
- Sale
Common Stock, par value $0.001 per share
2012-04-20$0.17/sh−45,000$7,650→ 9,138,173 total(indirect: By Partnership)
Footnotes (2)
- [F1]As of April 20, 2012, Ahab Redemption Fund, L.P. ("Ahab"), Ahab Redemption Fund, Ltd. ("Redemption"), certain affiliated funds and one or more private investment accounts (the "Accounts") held in the aggregate 9,138,173 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, Redemption, the affiliated funds and the Accounts have expired.
- [F2]Jonathan Gallen possesses the sole power to vote and the sole power to direct the disposition of 9,038,173 Shares held by Ahab, Redemption, 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 9,138,173 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.