Sec Form 4 Filing - Hess David Peter @ ADVENT SOFTWARE INC /DE/ - 2014-02-18

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Hess David Peter
2. Issuer Name and Ticker or Trading Symbol
ADVENT SOFTWARE INC /DE/ [ ADVS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
600 TOWNSEND STREET
3. Date of Earliest Transaction (MM/DD/YY)
02/18/2014
(Street)
SAN FRANCISCO, CA94103
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 02/18/2014 M( 1 ) 7,500 A $ 7.84 69,210 D
Common Stock 02/18/2014 D( 2 ) 1,900 D $ 30.97 67,310 D
Common Stock 02/18/2014 F( 3 ) 2,104 D $ 30.97 65,206 D
Common Stock ( 4 ) 02/20/2014 S( 1 ) 3,497 D $ 30.6993 61,709 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Stock Appreciation Rights $ 7.84 02/18/2014 M( 1 ) 7,500 03/14/2007 03/14/2016 Common Stock 7,500 $ 0 63,935 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hess David Peter
600 TOWNSEND STREET
SAN FRANCISCO, CA94103
X Chief Executive Officer
Signatures
By: James S Cox For: David Peter Hess 02/20/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Transaction pursuant to 10b5-1 plan dated 13 November 2013
( 2 )Exercise of stock settled stock appreciation rights (SS-SAR). Securities disposed were rights withheld to satisfy the exercise price obligation.
( 3 )Shares traded for taxes. No open market activity.
( 4 )50% of the shares subject to the Restricted Stock Unit shall vest at 24 months, remaining 50% vest at 48 months from grant subject to the employee continuing to be a Service Provider on such dates.

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).
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