0001181431-13-039882.txt : 20130712 0001181431-13-039882.hdr.sgml : 20130712 20130712201719 ACCESSION NUMBER: 0001181431-13-039882 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130712 FILED AS OF DATE: 20130712 DATE AS OF CHANGE: 20130712 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ADVENT SOFTWARE INC /DE/ CENTRAL INDEX KEY: 0001002225 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 942901952 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 600 TOWNSEND ST CITY: SAN FRANCISCO STATE: CA ZIP: 94103 BUSINESS PHONE: 4155437696 MAIL ADDRESS: STREET 1: 600 TOWNSEND ST CITY: SAN FRANCISCO STATE: CA ZIP: 94103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SPO ADVISORY CORP CENTRAL INDEX KEY: 0000919468 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26994 FILM NUMBER: 13966881 BUSINESS ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: SUITE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 4153836600 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: SUITE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 FORMER NAME: FORMER CONFORMED NAME: SF ADVISORY CORP DATE OF NAME CHANGE: 19990329 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SPO PARTNERS II LP CENTRAL INDEX KEY: 0001046206 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26994 FILM NUMBER: 13966880 BUSINESS ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 4153836600 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY, 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 FORMER NAME: FORMER CONFORMED NAME: MAIN STREET PARTNERS LP DATE OF NAME CHANGE: 19970916 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SCULLY JOHN H CENTRAL INDEX KEY: 0001202553 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26994 FILM NUMBER: 13966882 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: SUITE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SPO ADVISORY PARTNERS LP CENTRAL INDEX KEY: 0001252456 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26994 FILM NUMBER: 13966879 BUSINESS ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: STE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 415-383-6600 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: STE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WEINBERG ELI J CENTRAL INDEX KEY: 0001252462 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26994 FILM NUMBER: 13966877 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: STE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MCDERMOTT EDWARD H CENTRAL INDEX KEY: 0001252464 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26994 FILM NUMBER: 13966878 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: STE 3215 CITY: MILL VALLEY STATE: CA ZIP: 94941 4 1 rrd385847.xml ADVS 7-12-13 OPTION REPRICE X0306 4 2013-07-12 0 0001002225 ADVENT SOFTWARE INC /DE/ ADVS 0001202553 SCULLY JOHN H 591 REDWOOD HIGHWAY, SUITE 3215 MILL VALLEY CA 94941 1 0 1 0 0000919468 SPO ADVISORY CORP 591 REDWOOD HIGHWAY, SUITE 3215 MILL VALLEY CA 94941 0 0 1 0 0001046206 SPO PARTNERS II LP 591 REDWOOD HIGHWAY, SUITE 3215 MILL VALLEY CA 94941 0 0 1 0 0001252456 SPO ADVISORY PARTNERS LP 591 REDWOOD HIGHWAY, SUITE 3215 MILL VALLEY CA 94941 0 0 1 0 0001252464 MCDERMOTT EDWARD H 591 REDWOOD HIGHWAY , SUITE 3215 MILL VALLEY CA 94941 0 0 1 0 0001252462 WEINBERG ELI J 591 REDWOOD HIGHWAY , SUITE 3215 MILL VALLEY CA 94941 0 0 1 0 Non-Qualified Stock Option (right to buy) 9.99 2013-07-10 4 D 0 24000 D 2006-06-07 2015-06-07 Common Stock 24000 96000 D Non-Qualified Stock Option (right to buy) 7.84 2013-07-10 4 A 0 24000 A 2006-06-07 2015-06-07 Common Stock 24000 120000 D Non-Qualified Stock Option (right to buy) 10.00 2013-07-10 4 D 0 12000 D 2005-12-01 2014-12-01 Common Stock 12000 108000 D Non-Qualified Stock Option (right to buy) 7.84 2013-07-10 4 A 0 12000 A 2005-12-01 2014-12-01 Common Stock 12000 120000 D Non-Qualified Stock Option (right to buy) 15.80 2013-07-10 4 D 0 24000 D 2007-05-17 2016-05-17 Common Stock 24000 96000 D Non-Qualified Stock Option (right to buy) 7.84 2013-07-10 4 A 0 24000 A 2007-05-17 2016-05-17 Common Stock 24000 120000 D Non-Qualified Stock Option (right to buy) 9.35 2013-07-10 4 D 0 60000 D 2004-11-03 2013-11-03 Common Stock 60000 60000 D Non-Qualified Stock Option (right to buy) 7.84 2013-07-10 4 A 0 60000 A 2004-11-03 2013-11-03 Common Stock 60000 120000 D The transactions reported on this Form 4 reflect an amendment to outstanding options. The Company modified its outstanding stock option awards by reducing the exercise price by $9 per option. Options with a strike price of less than $16.84 were lowered to a strike price of $7.84 and provided cash equal to the difference between $9 per option and the amount of the exercise price reduction. These options were granted to John H. Scully ("JHS") as a director of the Issuer. Pursuant to the partnership agreement governing SPO Partners II ("SPO Partners"), total options owned by JHS may be deemed to be beneficially owned by SPO Partners along with any profits arising from the exercise of these options or the benefits of these options once they are vested. JHS, Edward H. McDermott and Eli J. Weinberg are the three controlling persons of SPO Advisory Corp. the sole general partner of SPO Advisory Partners, L.P., which is the sole general partner of SPO Partners. The individuals and entities listed in the Notes above may be deemed to form a "group", as such term is defined in Rule 13d-5(b)(1) promulgated under the Securities Exchange Act of 1934. This filing shall not be deemed as an admission by the Reporting Person that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest, if any, therein. Kim M. Silva, Attorney-In-Fact 2013-07-12