Statement of Changes in Beneficial Ownership (4)
February 18 2021 - 04:01PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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APPROVAL
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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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1. Name
and Address of Reporting Person * SMIT ERIC |
2. Issuer Name and Ticker or Trading
Symbol EGAIN Corp [ EGAN ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Financial Officer |
(Last)
(First)
(Middle)
1252 BORREGAS AVENUE |
3. Date of Earliest Transaction (MM/DD/YYYY)
2/16/2021
|
(Street)
SUNNYVALE, CA 94089
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. 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 |
2/16/2021 (1) |
|
M |
|
3000 |
A |
$6.29 |
132187 |
D |
|
Common Stock |
2/16/2021 (1) |
|
M |
|
2000 |
A |
$2.50 |
134187 |
D |
|
Common Stock |
2/16/2021 (1) |
|
S |
|
3000 |
D |
$12.55 (2) |
131187 |
D |
|
Common Stock |
2/16/2021 (1) |
|
S |
|
2000 |
D |
$12.54 (2) |
129187 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. 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 |
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 of Derivative Security: 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 |
Employee Stock Option (right to
buy) |
$2.5 |
2/16/2021 |
|
M |
|
|
2000 |
(3) |
9/19/2027 |
Common Stock |
2000 |
$0 |
72000 |
D |
|
Employee Stock Option (right to
buy) |
$6.29 |
2/16/2021 |
|
M |
|
|
3000 |
(4) |
9/11/2024 |
Common Stock |
3000 |
$0 |
43000 |
D |
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Explanation of
Responses: |
(1) |
The sales reported in this
Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted
by the reporting person on May 29, 2020. |
(2) |
Represents average price.
These shares were sold in multiple transactions ranging in price
from $12.24 to $12.82. The reporting person undertakes to provide
to the staff of the Securities and Exchange Commission, the issuer
or a security holder of the issuer, upon request, full information
regarding the number of shares sold at each separate price within
the ranges set forth herein. |
(3) |
The options, representing a
right to purchase a total of 112,000 shares, became exercisable
beginning on September 19, 2017 over four years at a rate of 1/48th
of the total shares each month. |
(4) |
The options, representing a
right to purchase a total of 75,000 shares, became exercisable
beginning on September 11, 2014 over four years at a rate of 1/48th
of the total shares each month. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
SMIT ERIC
1252 BORREGAS AVENUE
SUNNYVALE, CA 94089 |
|
|
Chief Financial Officer |
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Signatures
|
/s/ Eric Smit |
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2/18/2021 |
**Signature of Reporting
Person |
Date |