# EDGAR Filing Document

**Accession Number:** 0001666682
**File Stem:** 0001062993-23-006192
**Filing Date:** 2023-3
**Character Count:** 8538
**Document Hash:** 48809708199ec9ff0c0901f021217e23
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-23-006192.hdr.sgml**: 20230307

**ACCESSION NUMBER**: 0001062993-23-006192

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230307

**FILED AS OF DATE**: 20230307

**DATE AS OF CHANGE**: 20230307

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Edenbrook Capital, LLC
- **CENTRAL INDEX KEY:** 0001666682
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39663
- **FILM NUMBER:** 23712975

**BUSINESS ADDRESS:**
- **STREET 1:** 116 RADIO CIRCLE
- **STREET 2:** SUITE 202
- **CITY:** MT. KISCO
- **STATE:** NY
- **ZIP:** 10549
- **BUSINESS PHONE:** 914-239-3117

**MAIL ADDRESS:**
- **STREET 1:** 116 RADIO CIRCLE
- **STREET 2:** SUITE 202
- **CITY:** MT. KISCO
- **STATE:** NY
- **ZIP:** 10549
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Brolin Jonathan
- **CENTRAL INDEX KEY:** 0001712127

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39663
- **FILM NUMBER:** 23712974

**MAIL ADDRESS:**
- **STREET 1:** 2 DEPOT PLAZA
- **STREET 2:** 4TH FLOOR
- **CITY:** BEDFORD HILLS
- **STATE:** NY
- **ZIP:** 10507
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ABSOLUTE SOFTWARE CORP
- **CENTRAL INDEX KEY:** 0001071058
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A1

**BUSINESS ADDRESS:**
- **STREET 1:** 1055 DUNSMUIR STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** 00000
- **BUSINESS PHONE:** (604) 730-9851

**MAIL ADDRESS:**
- **STREET 1:** 1055 DUNSMUIR STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** 00000

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Edenbrook Capital, LLC<br><sub>(Last) (First) (Middle)</sub><br>116 RADIO CIRCLE<br>SUITE 202<br><sub>(Street)</sub><br>MOUNT KISCO, NY 10549<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>ABSOLUTE SOFTWARE CORP [ ABST ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Brolin Jonathan<br><sub>(Last) (First) (Middle)</sub><br>116 RADIO CIRCLE<br>SUITE 202<br><sub>(Street)</sub><br>MOUNT KISCO, NY 10549<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-07 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>ABSOLUTE SOFTWARE CORP [ ABST ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Shares, no par value | 2023-03-07 |  | P |  | 10300 | A | $8.2268 | 5374912 | I | see footnote<sup>(1)</sup> |
| Common Shares, no par value | 2023-03-07 |  | P |  | 10000 | A | $8.2888 | 5384912 | I | See footnotes<sup>(1)</sup> |
| Common Shares, no par value | 2023-03-07 |  | P |  | 12500 | A | $8.1848 | 5397412 | I | See footnotes<sup>(1)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Put  Option (Obligation to Buy) | $7.00 |  |  |  |  |  |  | 2023-03-02 | 2024-05-17 | Common Shares | 300000<sup>(2)</sup> |  | 3000<sup>(2)</sup> | I | See footnote<sup>(2)</sup> |
| Put Option (Obligation to buy) | $7.00 |  |  |  |  |  |  | 2023-03-02 | 2024-08-16 | Common Shares | 300000<sup>(2)</sup> |  | 3000<sup>(2)</sup> | I | See footnote<sup>(2)</sup> |

---

### Footnotes:

(1) The securities reported herein are held in the accounts of private funds. Edenbrook Capital, LLC may be deemed to be a beneficial owner of such securities by virtue of its role as the investment manager of such private funds. Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

(2) The private funds managed by by Edenbrook Capital, LLC wrote put option contracts expiring in May and August 2024 which provide that the private funds will be required to purchase Common Shares at the stated strike price if the counterparty exercises such option.

**Signature:** Edenbrook Capital, LLC By: /s/ Jonathan Brolin, Managing Member  
**Date:** 2023-03-07

**Signature:** /s/ Jonathan Brolin  
**Date:** 2023-03-07

### Remarks:

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**