Form D Raw Data - Electronic Filing Depository

EFDID: 152612EFD: Raw Data

Issuer: WAVE SYSTEMS CORP (0000919013) - D

Accession: 0000899140-15-000820 () (EDGAR Files) (Form D)

Edgar Posted: Nov. 9, 2015
EFD Posted: Nov. 9, 2015

- < edgarSubmission >

< schemaVersion > X0707 </ schemaVersion >

< submissionType > D </ submissionType >

< testOrLive > LIVE </ testOrLive >

- < primaryIssuer >

< cik > 0000919013 </ cik >

< entityName > WAVE SYSTEMS CORP </ entityName >

- < issuerAddress >

< street1 > 480 PLEASANT ST </ street1 >

< city > LEE </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 01238 </ zipCode >

</ issuerAddress >

< issuerPhoneNumber > 4132431600 </ issuerPhoneNumber >

< jurisdictionOfInc > DELAWARE </ jurisdictionOfInc >

- < issuerPreviousNameList >

< value > None </ value >

</ issuerPreviousNameList >

- < edgarPreviousNameList >

< value > None </ value >

</ edgarPreviousNameList >

< entityType > Corporation </ entityType >

- < yearOfInc >

< overFiveYears > true </ overFiveYears >

</ yearOfInc >

</ primaryIssuer >

- < relatedPersonsList >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > R. </ firstName >

< middleName > Stephen </ middleName >

< lastName > Cheheyl </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 480 Pleasant Street </ street1 >

< city > Lee </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 01238 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Nolan </ firstName >

< lastName > Bushnell </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 480 Pleasant Street </ street1 >

< city > Lee </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 01238 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > David </ firstName >

< lastName > Cote </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 480 Pleasant Street </ street1 >

< city > Lee </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 01238 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Lorraine </ firstName >

< lastName > Hariton </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 480 Pleasant Street </ street1 >

< city > Lee </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 01238 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification />

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > William </ firstName >

< middleName > M. </ middleName >

< lastName > Solms </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 480 Pleasant Street </ street1 >

< city > Lee </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 01238 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

< relationship > Director </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > CEO and Director </ relationshipClarification >

</ relatedPersonInfo >

- < relatedPersonInfo >

- < relatedPersonName >

< firstName > Walter </ firstName >

< middleName > A </ middleName >

< lastName > Shephard </ lastName >

</ relatedPersonName >

- < relatedPersonAddress >

< street1 > 480 Pleasant Street </ street1 >

< city > Lee </ city >

< stateOrCountry > MA </ stateOrCountry >

< stateOrCountryDescription > MASSACHUSETTS </ stateOrCountryDescription >

< zipCode > 01238 </ zipCode >

</ relatedPersonAddress >

- < relatedPersonRelationshipList >

< relationship > Executive Officer </ relationship >

</ relatedPersonRelationshipList >

< relationshipClarification > CFO </ relationshipClarification >

</ relatedPersonInfo >

</ relatedPersonsList >

- < offeringData >

- < industryGroup >

< industryGroupType > Other Technology </ industryGroupType >

</ industryGroup >

- < issuerSize >

< revenueRange > Decline to Disclose </ revenueRange >

</ issuerSize >

- < federalExemptionsExclusions >

< item > 06b </ item >

</ federalExemptionsExclusions >

- < typeOfFiling >

- < newOrAmendment >

< isAmendment > false </ isAmendment >

</ newOrAmendment >

- < dateOfFirstSale >

< value > 2015-09-23 </ value >

</ dateOfFirstSale >

</ typeOfFiling >

- < durationOfOffering >

< moreThanOneYear > false </ moreThanOneYear >

</ durationOfOffering >

- < typesOfSecuritiesOffered >

< isEquityType > true </ isEquityType >

< isDebtType > true </ isDebtType >

< isOptionToAcquireType > true </ isOptionToAcquireType >

< isSecurityToBeAcquiredType > true </ isSecurityToBeAcquiredType >

</ typesOfSecuritiesOffered >

- < businessCombinationTransaction >

< isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >

< clarificationOfResponse />

</ businessCombinationTransaction >

< minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >

- < salesCompensationList >

- < recipient >

< recipientName > SECURITY RESEARCH ASSOCIATES, INC. </ recipientName >

< recipientCRDNumber > 8200 </ recipientCRDNumber >

< associatedBDName > SECURITY RESEARCH ASSOCIATES, INC. </ associatedBDName >

< associatedBDCRDNumber > 8200 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 100 PINE STREET SUITE 605 </ street1 >

< city > SAN FRANCISCO </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 94111 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > UT </ state >

< description > UTAH </ description >

< state > IL </ state >

< description > ILLINOIS </ description >

< state > NY </ state >

< description > NEW YORK </ description >

< state > CT </ state >

< description > CONNECTICUT </ description >

< state > GA </ state >

< description > GEORGIA </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > KY </ state >

< description > KENTUCKY </ description >

< state > MO </ state >

< description > MISSOURI </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > MT </ state >

< description > MONTANA </ description >

< state > WA </ state >

< description > WASHINGTON </ description >

< state > VA </ state >

< description > VIRGINIA </ description >

< state > NJ </ state >

< description > NEW JERSEY </ description >

< state > OH </ state >

< description > OHIO </ description >

< state > DE </ state >

< description > DELAWARE </ description >

< state > ID </ state >

< description > IDAHO </ description >

< state > WY </ state >

< description > WYOMING </ description >

< state > TX </ state >

< description > TEXAS </ description >

< state > CO </ state >

< description > COLORADO </ description >

< state > FL </ state >

< description > FLORIDA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MA </ state >

< description > MASSACHUSETTS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 490000 </ totalOfferingAmount >

< totalAmountSold > 490000 </ totalAmountSold >

< totalRemaining > 0 </ totalRemaining >

< clarificationOfResponse />

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 7 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 29400 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

< clarificationOfResponse > Security Research Associates acted as the placement agent in connection with the offering and will receive (i) a cash payment of $29,400 and (ii) warrants to purchase up to 163,333 shares of our Class A common stock at an exercise price of $0.18 per share </ clarificationOfResponse >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 0 </ dollarAmount >

</ grossProceedsUsed >

< clarificationOfResponse />

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > WAVE SYSTEMS CORP </ issuerName >

< signatureName > Walter A Shephard </ signatureName >

< nameOfSigner > Walter A Shephard </ nameOfSigner >

< signatureTitle > CFO </ signatureTitle >

< signatureDate > 2015-11-09 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >