0001209191-17-003027.txt : 20170109
0001209191-17-003027.hdr.sgml : 20170109
20170109180137
ACCESSION NUMBER: 0001209191-17-003027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170105
FILED AS OF DATE: 20170109
DATE AS OF CHANGE: 20170109
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BROADSOFT, INC.
CENTRAL INDEX KEY: 0001086909
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9737 WASHINGTONIAN BOULEVARD
STREET 2: SUITE 350
CITY: GAITHERSBURG
STATE: MD
ZIP: 20878
BUSINESS PHONE: 301-977-9440
MAIL ADDRESS:
STREET 1: 9737 WASHINGTONIAN BOULEVARD
STREET 2: SUITE 350
CITY: GAITHERSBURG
STATE: MD
ZIP: 20878
FORMER COMPANY:
FORMER CONFORMED NAME: BROADSOFT INC
DATE OF NAME CHANGE: 19990521
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Geisse Andrew M
CENTRAL INDEX KEY: 0001541137
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34777
FILM NUMBER: 17518841
MAIL ADDRESS:
STREET 1: 208 S. AKARD ST.
CITY: DALLAS
STATE: TX
ZIP: 75202
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-01-05
0
0001086909
BROADSOFT, INC.
BSFT
0001541137
Geisse Andrew M
C/O BROADSOFT, INC.,
9737 WASHINGTONIAN BOULEVARD, SUITE 350
GAITHERSBURG
MD
20878
1
0
0
0
Common Stock
2017-01-05
4
A
0
2951
0.00
A
10627
D
Common Stock
2017-01-05
4
A
0
1062
42.35
A
11689
D
Represents shares of common stock underlying restricted stock units (the "RSUs") granted on January 5, 2017 pursuant to the Issuer's Non-Employee Director Compensation Policy (the "Policy") in respect of the $125,000 Annual Equity Retainer (as defined in the Policy). The total number of shares of common stock underlying RSUs is a result of dividing the Annual Equity Retainer by the closing price of the Issuer's common stock on the date of issue, rounded down to the nearest whole number. The RSUs vest 25% on the last day of each 2017 calendar quarter assuming the Reporting Person remains a member of the Board of Directors through the end of the relevant calendar quarter. In the event the Reporting Person's service on the Board terminates (other than for cause) prior to the end of a calendar quarter, the RSUs granted shall vest pro-rata based on the portion of the calendar quarter during which such Reporting Person served as a director.
Represents 1,062 shares of common stock underlying the RSUs issued to the Reporting Person in lieu of the $45,000 Annual Cash Retainer (as defined in the Policy) for the 2017 calendar year. The total number of shares of common stock underlying the RSUs is a result of dividing the Annual Cash Retainer by the closing price of the Issuer's common stock on the date of issue, rounded down to the nearest whole number. The RSUs vest 25% on the last day of each 2017 calendar quarter assuming the Reporting Person remains a member of the Board of Directors through the end of the relevant calendar quarter. In the event the Reporting Person's service on the Board terminates (other than for cause) prior to the end of a calendar quarter, the RSUs granted shall vest pro-rata based on the portion of the calendar quarter during which such Reporting Person served as a director.
/s/Darren DeStefano, Attorney-in-Fact
2017-01-09