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
ASTEA INTERNATIONAL INC [ ATEA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 04/16/2009 | ||||||||||||||||||||||||||
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 | ||||||
Common Stock | 04/16/2009 | P | 15,602(1) | A | $2.21(2) | 380,828(3) | I | Shares held in private accounts over which KVO has voting and dispositive power(4)(5) | ||
Common Stock | 04/17/2009 | P | 25,287(6) | A | $2.21(2) | 406,115(7) | I | Shares held in private accounts over which KVO has voting and dispositive power | ||
Common Stock | 04/20/2009 | P | 300(8) | A | $2.08(2) | 406,415(9) | I | Shares held in private accounts over which KVO has voting and dispositive power | ||
Common Stock | 04/21/2009 | P | 300(8) | A | $2.12(2) | 406,715(10) | I | Shares held in private accounts over which KVO has voting and dispositive power |
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 |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. Includes 13,866 shares purchased for private accounts over which KVO has both voting and dispositive power pursuant to contract, other than the private account on behalf of Mr. Ashton, and 1,716 shares purchased for a private account on behalf of Mr. Ashton over which KVO has both voting and dispositive power pursuant to contract. |
2. Includes $0.01 commission per share. |
3. Includes 345,143 shares held in private accounts over which KVO has both voting and dispositive power pursuant to contract. KVO's voting and dispositive power over shares held in these accounts is revocable on or after December 31, 2010. Also includes 35,685 shares held in a private account on behalf of Mr. Ashton, a portfolio manager of KVO, over which KVO has both voting and dispositive power pursuant to contract. KVO's voting and dispositive power over these shares is revocable only if Mr. Ashton terminates his employment with KVO, at which time the right to vote and dispose of those shares will revert to him. |
4. Mr. Oberting is the Managing Member of KVO. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934 (the "Exchange Act"), Mr. Oberting may be deemed to beneficially own all of the shares that KVO is deemed to beneficially own. Mr. Oberting disclaims beneficial ownership of any of the securities covered by this Form 4. |
5. Mr. Ashton is a portfolio manager of KVO. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934 (the "Exchange Act"), Mr. Ashton may be deemed to beneficially own all of the shares that KVO is deemed to beneficially own. Mr. Ashton disclaims beneficial ownership of any of the securities covered by this Form 4 other than the shares held in a private account on behalf of Mr. Ashton and reported above. |
6. Includes 22,505 shares purchased for private accounts other than the private account on behalf of Mr. Ashton and 2,782 shares purchased for a private account on behalf of Mr. Ashton. |
7. Includes 367,648 shares held in private accounts other than the private account on behalf of Mr. Ashton and 38,467 shares held in a private account on behalf of Mr. Ashton. |
8. Includes 267 shares purchased for private accounts other than the private account on behalf of Mr. Ashton and 33 shares purchased for a private account on behalf of Mr. Ashton. |
9. Includes 367,915 shares held in private accounts other than the private account on behalf of Mr. Ashton and 38,500 shares held in a private account on behalf of Mr. Ashton. |
10. Includes 368,182 shares held in private accounts other than the private account on behalf of Mr. Ashton and 38,533 shares held in a private account on behalf of Mr. Ashton. |
Remarks: |
/s/ Rena Marie Strand, as attorney-in-fact for KVO Capital Management, LLC | 04/21/2009 | |
/s/ Rena Marie Strand, as attorney-in-fact for Kernan V. Oberting | 04/21/2009 | |
/s/ Rena Marie Strand, as attorney-in-fact for Robert B. Ashton | 04/21/2009 | |
** 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. |