FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MISSION WEST PROPERTIES INC [ MSW ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/12/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 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: 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 | ||||||||
LP UNITS(3)(5) | (1) | 12/12/2007 | J | 524,236(4) | (2) | (2) | COMMON STOCK | 524,236 | (2) | 34,058,355 | D | ||||
LP UNITS(3)(6) | (1) | (2) | (2) | COMMON STOCK | 0 | 169,131 | D | ||||||||
LP UNITS(3)(7) | (1) | (2) | (2) | COMMON STOCK | 0 | 10,789,383 | D | ||||||||
LP UNITS(3)(8) | (1) | (2) | (2) | COMMON STOCK | 0 | 196,428 | D |
Explanation of Responses: |
1. CONVERTIBLE TO COMMON STOCK ON A 1:1 BASIS |
2. LP UNITS BECAME EXCHANGEABLE FOR COMMON STOCK ON 12/29/99 UNDER THE EXCHANGE RIGHTS AGREEMENT DATED 12/29/1998 BETWEEN THE COMPANY AND LP UNIT HOLDERS. THESE REPORTING PERSONS WHO ARE "BERG GROUP" MEMBERS ARE SUBJECT TO AN AGGREGATE OWNERSHIP LIMIT EQUAL TO 20% OF THE OUTSTANDING SHARES OF COMMON STOCK, WHICH REPRESENTS A CONVERSION CAP ON THE TOTAL NUMBER OF SHARES THAT CAN BE ACQUIRED BY ANY REPORTING PERSON AND ALL OF THESE REPORTING PERSONS COMBINED. |
3. THE DESIGNATED BENEFICIAL OWNER DISCLAIMS BENEFICIAL OWNERSHIP OF ALL SECURITIES ON THIS FORM 4. ALL REPORTING PERSONS DISCLAIM BENEFICIAL OWNERSHIP OF ALL SECURITIES EXCEPT TO THE EXTENT OF THEIR RESPECTIVE PECUNIARY INTERESTS THEREIN. |
4. CARL BERG ACQUIRED 548,236 LP UNITS IN EXCHANGE FOR REAL PROPERTY CONTRIBUTED TO THE COMPANY PER THE EXISTING BERG LAND HOLDINGS OPTION AGREEMENT DATED AS OF DECEMBER 29, 1998 ("LAND OPTION AGREEMENT") EFFECTIVE AS OF SEPTEMBER 30, 2007. CARL BERG DONATED 24,000 LP UNITS TO QUALIFYING CHARITABLE ORGANIZATIONS ON DECEMBER 10, 2007. CARL BERG IS REPORTING THE NET LP UNITS ACQUIRED OF 524,236 ON THIS FORM 4. |
5. THESE LP UNITS ARE OWNED BY CARL BERG, THE DESIGNATED BENEFICIAL OWNER FOR THE REPORTING GROUP. |
6. THESE LP UNITS ARE OWNED BY WEST COAST VENTURE CAPITAL, INC. ("WCVC"), A MEMBER OF THE REPORTING GROUP. |
7. THESE UNITS ARE OWNED BY BERG & BERG ENTERPRISES, INC. ("BBI"), A MEMBER OF THE REPORTING GROUP. |
8. THESE LP UNITS ARE OWNED BY BERG & BERG ENTERPRISES, LLC ("BBL"), A MEMBER OF THE REPORTING GROUP. |
CARL BERG, AS AN INDIVIDUAL, AS PRES OF WCVC AND BBI, AND AS MANAGER OF BBL | 12/14/2007 | |
** 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 Number. |