Sec Form 4 Filing - Alpert Robert H @ GLOBALSCAPE INC - 2017-02-09

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
Alpert Robert H
2. Issuer Name and Ticker or Trading Symbol
GLOBALSCAPE INC [ GSB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
8214 WESTCHESTER DRIVE, SUITE 950
3. Date of Earliest Transaction (MM/DD/YY)
02/09/2017
(Street)
DALLAS, TX75225
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 02/09/2017 P 7,500 A $ 3.801 57,500 I By Atlas Capital Management, L.P. ( 1 ) ( 2 ) ( 4 )
Common Stock 02/10/2017 P 32,500 A $ 3.8753 90,000 I By Atlas Capital Management, L.P. ( 1 ) ( 2 ) ( 4 )
Common Stock 3,200,000 I By 210/GSB Acquisition Partners, LLC ( 1 ) ( 3 ) ( 4 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Alpert Robert H
8214 WESTCHESTER DRIVE, SUITE 950
DALLAS, TX75225
X
RHA Investments, Inc.
8214 WESTCHESTER DRIVE, SUITE 950
DALLAS, TX75225
X
Signatures
ROBERT H. ALPERT, By: /s/ Robert H. Alpert 02/13/2017
Signature of Reporting Person Date
RHA INVESTMENTS, INC., By: /s/ Robert H. Alpert, Title: President 02/13/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 is being filed by (i) Robert H. Alpert, in his capacity as President and sole shareholder of RHA Investments, Inc. ("RHA Investments"), and (ii) RHA Investments, in its capacity as general partner of Atlas Capital Management, L.P. ("ACM").
( 2 )These shares of common stock of GlobalSCAPE, Inc. (the "Issuer") are held directly by ACM. As general partner of ACM, RHA Investments has the power to direct ACM's affairs, and as President and sole shareholder of RHA Investments, Mr. Alpert has the power to direct RHA Investments' affairs. Mr. Alpert and RHA Investments disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.
( 3 )These shares of the Issuer's common stock are held directly by 210/GSB Acquisition Partners, LLC ("GSB Acquisition"). GSB Acquisition is managed by 210 Capital, LLC ("210 Capital"), its sole member, and Covenant RHA Partners, L.P. ("RHA Partners") and CCW/LAW Holdings, LLC are the members of 210 Capital. RHA Investments is the general partner of RHA Partners and Mr. Alpert is the President and sole shareholder of RHA Investments. Mr. Alpert and RHA Investments disclaim beneficial ownership of these shares of the Issuer's common stock and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of these shares of the Issuer's common stock.
( 4 )The principal business address of each of the reporting persons is 8214 Westchester Drive, Suite 950, Dallas, Texas 75225.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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