SEC FORM 5 SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported.
X
Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
Seefeld Matthew Stephen

(Last) (First) (Middle)
723 AVOCADO PLACE

(Street)
DEL MAR CA 92014

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STREAMLINE HEALTH SOLUTIONS INC. [ STRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. Vice President, Strategy
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
01/31/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock, par value $0.01 per share 04/29/2013 D4 21.1199(1) D $6.3 284,163.12(2) I (2)
Common Stock, par value $0.01 per share 05/01/2013 D4 443.5182(1) D $6.3 283,719.6(2) I (2)
Common Stock, par value $0.01 per share 05/02/2013 D4 2,175.3512(1) D $6.3 281,544.25(2) I (2)
Common Stock, par value $0.01 per share 05/03/2013 D4 506.8779(1) D $6.42 281,037.37(2) I (2)
Common Stock, par value $0.01 per share 05/06/2013 D4 42.2398(1) D $6.4 280,995.13(2) I (2)
Common Stock, par value $0.01 per share 05/13/2013 D4 464.6381(1) D $6.25 280,530.49(2) I (2)
Common Stock, par value $0.01 per share 05/14/2013 D4 17,212.7303(1) D $6.29 263,317.76(2) I (2)
Common Stock, par value $0.01 per share 05/15/2013 D4 211.1991(1) D $6.28 263,106.57(2) I (2)
Common Stock, par value $0.01 per share 05/16/2013 D4 7,541.0767(1) D $6.28 255,565.49(2) I (2)
Common Stock, par value $0.01 per share 05/17/2013 D4 5,785.5894(1) D $6.24 249,779.9(2) I (2)
Common Stock, par value $0.01 per share 05/20/2013 D4 19,937.1993(1) D $6.21 229,842.7(2) I (2)
Common Stock, par value $0.01 per share 05/24/2013 D4 3,902.1154(1) D $6.54 225,940.58(2) I (2)
Common Stock, par value $0.01 per share 05/29/2013 D4 1,423.0598(1) D $6.46 224,517.52(2) I (2)
Common Stock, par value $0.01 per share 05/30/2013 D4 3,122.7906(1) D $6.36 221,394.73(2) I (2)
Common Stock, par value $0.01 per share 05/30/2013 D4 12,857.3815(1) D $6.53 208,537.35(2) I (2)
Common Stock, par value $0.01 per share 05/31/2013 D4 2,982.5543(1) D $6.6 205,554.8(2) I (2)
Common Stock, par value $0.01 per share 06/04/2013 D4 42,239.8289(1) D $6.8 163,314.97(2) I (2)
Common Stock, par value $0.01 per share 06/06/2013 D4 23,428.9547(1) D $6.97 139,886.01(2) I (2)
Common Stock, par value $0.01 per share 06/07/2013 D4 13,449.1615(1) D $6.76 126,436.85(2) I (2)
Common Stock, par value $0.01 per share 06/10/2013 D4 11,718.5957(1) D $6.61 114,718.26(2) I (2)
Common Stock, par value $0.01 per share 06/11/2013 D4 718.0771(1) D $6.6 114,000.18(2) I (2)
Common Stock, par value $0.01 per share 06/12/2013 D4 9,690.6616(1) D $6.29 104,309.52(2) I (2)
Common Stock, par value $0.01 per share 06/13/2013 D4 2,175.3512(1) D $6.2 102,134.17(2) I (2)
Common Stock, par value $0.01 per share 06/14/2013 D4 2,134.1674(1) D $6.07 100,000(2) I (2)
Common Stock, par value $0.01 per share 01/24/2014 J4 102,677(3) A (3) 203,999(4) D(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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the number of shares sold by IPP Holding Company, LLC, formerly known as Interpoint Partners, LLC ("IPP"), in which the Reporting Person may be deemed to have a pecuniary interest. The Reporting Person is a member of IPP and disclaims beneficial ownership of all shares held by IPP except to the extent of his pecuniary interest therein.
2. Represents the number of shares held by IPP in which the Reporting Person may be deemed to have a pecuniary interest. The Reporting Person is a member of IPP and disclaims beneficial ownership of all shares held by IPP except to the extent of his pecuniary interest therein.
3. On January 24, 2014, the Reporting Person received 102,677 shares of common stock pursuant to an "earn-out" provision in the asset purchase agreement pursuant to which a subsidiary of the Issuer acquired substantially all of the operations and assets of IPP on December 8, 2011. The asset purchase agreement provided that IPP would be entitled to receive additional shares of common stock (issuable upon conversion of a convertible promissory note), for no additional consideration from IPP, based upon a formula set forth in the asset purchase agreement which was dependent upon the reoccurring revenues of the purchased assets during a certain period after closing. The exact number of shares of common stock issuable pursuant to the earn-out right was finalized pursuant to a settlement agreement among IPP, the Issuer and others in November 2013. The right to receive the additional shares became fixed and irrevocable on December 8, 2011.
4. Includes 1,322 shares of common stock acquired under the Issuer's stock purchase plan on December 31, 2013.
5. Reflects a change in the Reporting Person's form of ownership from indirect to direct of 100,000 shares of common stock originially held by IPP in which the Reporting Person had a pecuniary interest; there has been no change in the Reporting Person's pecuniary interest in such shares.
Remarks:
/s/ Matthew Stephen Seefeld 04/03/2014
** Signature of Reporting Person Date
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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