Sec Form 4 Filing - ZINGALE ANTHONY @ Jive Software, Inc. - 2017-05-15

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
ZINGALE ANTHONY
2. Issuer Name and Ticker or Trading Symbol
Jive Software, Inc. [ JIVE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Chairman
(Last) (First) (Middle)
C/O JIVE SOFTWARE, INC., 300 ORCHARD CITY DRIVE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
05/15/2017
(Street)
CAMPBELL, CA95008
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 05/15/2017 M 547,361 A $ 1.75 599,380 D
Common Stock 05/15/2017 S( 1 ) 377,667 D $ 5.303 ( 2 ) 221,713 D
Common Stock 110,000 I See footnote ( 3 )
Common Stock 34 I See footnote ( 4 )
Common Stock 2,000 I See footnote ( 5 )
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
Employee Stock Option (right to buy) $ 1.75 05/15/2017 M 547,361 ( 6 ) 06/02/2017 Common Stock 547,361 $ 0 0 ( 7 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ZINGALE ANTHONY
C/O JIVE SOFTWARE, INC.
300 ORCHARD CITY DRIVE, SUITE 100
CAMPBELL, CA95008
X Chairman
Signatures
/s/ Lisa Jurinka, by power of attorney 05/17/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This was a "sell to cover" transaction to cover tax withholding obligations and does not represent a discretionary trade by the Reporting Person.
( 2 )This is the weighted average sale price of the shares sold, which ranged from $5.30 to $5.325 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
( 3 )Shares held by The Anthony Zingale CRUT UA DTD 12/16/2012, for which the Reporting Person serves as the trustee and beneficiary.
( 4 )Shares held by The Anthony Zingale Living Trust, for which the Reporting Person serves as the trustee and beneficiary.
( 5 )Shares held by The Sam Maxwell Zingale Trust U/A DTD 12-11-00, for which the Reporting Person serves as a co-trustee.
( 6 )The shares underlying the option were fully vested and exercisable.
( 7 )Reflects the transfer of options pursuant to the terms of a marital settlement agreement.

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).

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