organization · Reporting owner

WAVE SYSTEMS CORP

Disclosed activity across 1 company

Tapewire entity: 171098
SEC CIK: 0000919013

Reported relationships

Latest disclosed role at each company.

Company	Last reported as	Report date	Published
Upland Software, Inc.UPLD · Entity 7891	10% owner	December 14, 2017	December 18, 2017

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Upland Software, Inc.

Report date December 14, 2017 · Filed December 18, 2017

Jointly reported with ESW Capital, LLC, LIEMANDT JOSEPH

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common StockSEC Table I · non-derivative	Direct	0	Last balance in matching sequence After 2017-12-18 transaction · row 3 Source-order balances reconcile. Account continuity and personal attribution are not independently verified. 3 source rows Row 1 · 2017-12-14 · Sale · Disposed 1,460,862 · Balance 661,166 F1: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Row 2 · 2017-12-15 · Sale · Disposed 301,166 · Balance 360,000 F2: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.26. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F1: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Row 3 · 2017-12-18 · Sale · Disposed 360,000 · Balance 0 F3: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.20. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F1: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any.
Common StockSEC Table I · non-derivative	IndirectSee Footnote	2,803,574	Reported balance Holding disclosure · report date 2017-12-14 · row 4 Holding and transaction disclosures are not merged. 1 source row Row 4 · Balance 2,803,574 F4: These shares include no shares directly held by Wave, 1,803,574 shares directly held by Acorn Performance Group, Inc. ("Acorn") and 1,000,000 shares directly held by EPM Live, Inc. ("EPM"). Acorn and EPM are controlled subsidiaries of ESW. Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any.

Filing footnotes · ownership attribution and instrument terms

F1: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any.

F2: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.26. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

F3: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.20. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

F4: These shares include no shares directly held by Wave, 1,803,574 shares directly held by Acorn Performance Group, Inc. ("Acorn") and 1,000,000 shares directly held by EPM Live, Inc. ("EPM"). Acorn and EPM are controlled subsidiaries of ESW. Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any.

Transaction history

JSON API

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction date	Company	Activity / security	Shares / units	Reported price	Reported value	Details
December 18, 2017 Filed Dec 18, 2017 16:20 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	360,000	$22.00	$7,920,144.00	Disclosure SEC source: 0000899243-17-029014 · doc4.xml · nonDerivative · entry 3 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 F3 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.20. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F1 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
December 15, 2017 Filed Dec 18, 2017 16:20 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	301,166	$22.02	$6,630,621.24	Disclosure SEC source: 0000899243-17-029014 · doc4.xml · nonDerivative · entry 2 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 360,000 F2 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.26. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F1 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
December 14, 2017 Filed Dec 18, 2017 16:20 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	1,460,862	$22.00	$32,138,964.00	Disclosure SEC source: 0000899243-17-029014 · doc4.xml · nonDerivative · entry 1 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 661,166 F1 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
September 14, 2017 Filed Sep 15, 2017 16:51 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	40,098	$22.04	$883,840.12	Disclosure SEC source: 0000899243-17-022144 · doc4.xml · nonDerivative · entry 2 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,122,028 F3 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.12. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F2 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
September 13, 2017 Filed Sep 15, 2017 16:51 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	4,805	$22.25	$106,890.59	Disclosure SEC source: 0000899243-17-022144 · doc4.xml · nonDerivative · entry 1 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,162,126 F1 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.50. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F2 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
September 12, 2017 Filed Sep 13, 2017 16:05 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	5,000	$22.10	$110,514.00	Disclosure SEC source: 0000899243-17-021998 · doc4.xml · nonDerivative · entry 2 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,166,931 F3 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $21.99 to $22.38. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F2 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
September 11, 2017 Filed Sep 13, 2017 16:05 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	15,000	$22.58	$338,694.00	Disclosure SEC source: 0000899243-17-021998 · doc4.xml · nonDerivative · entry 1 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,171,931 F1 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.41 to $23.03. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F2 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
September 07, 2017 Filed Sep 11, 2017 15:37 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	20,400	$22.46	$458,118.72	Disclosure SEC source: 0000899243-17-021786 · doc4.xml · nonDerivative · entry 2 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,186,931 F3 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.09 to $22.79. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F2 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
September 07, 2017 Filed Sep 11, 2017 15:37 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	15,000	$22.26	$333,972.00	Disclosure SEC source: 0000899243-17-021786 · doc4.xml · nonDerivative · entry 1 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,207,331 F1 · price: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $22.20 to $22.71. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range. F2 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
July 24, 2017 Filed Jul 24, 2017 20:20 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	38,500	$25.04	$963,897.55	Disclosure SEC source: 0000899243-17-018781 · doc4.xml · nonDerivative · entry 3 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,222,331 F1 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
July 21, 2017 Filed Jul 24, 2017 20:20 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	34,000	$25.01	$850,268.60	Disclosure SEC source: 0000899243-17-018781 · doc4.xml · nonDerivative · entry 2 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,260,831 F1 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
July 20, 2017 Filed Jul 24, 2017 20:20 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	18,780	$22.83	$428,830.03	Disclosure SEC source: 0000899243-17-018781 · doc4.xml · nonDerivative · entry 1 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,294,831 F1 · ownership.direct: Wave Systems Corp. ("Wave") is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document
June 23, 2017 Filed Jun 27, 2017 17:17 UTC	Upland Software, Inc. UPLD · Entity 7891	SaleCommon Stock	561,712	$22.68	$12,742,155.86	Disclosure SEC source: 0000899243-17-017297 · doc4.xml · nonDerivative · entry 1 WAVE SYSTEMS CORP · CIK 0000919013 · 10% owner ESW Capital, LLC · CIK 0001477025 · 10% owner LIEMANDT JOSEPH · CIK 0001295389 · 10% owner Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,313,611 F1 · ownership.direct: Wave Systems Corp. is a wholly-owned subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any. Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.