Upland Software (UPLD) Form 3 Upland Software / JOHN B KLEINHEINZ ownership change

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

GLOBAL UNDERVALUED SECURITIES MASTER FUND LP

(Last) (First) (Middle)

301 COMMERCE STREET, SUITE 1900

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/23/2015

3. Issuer Name and Ticker or Trading Symbol
Upland Software, Inc. [ UPLD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
Member of 10% owner group

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)(2)(4)(6)	1,351,159	D
Common Stock(1)(3)(5)(6)	192,708	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

GLOBAL UNDERVALUED SECURITIES MASTER FUND LP

(Last) (First) (Middle)

301 COMMERCE STREET, SUITE 1900

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

KLEINHEINZ CAPITAL PARTNERS, INC.

(Last) (First) (Middle)

301 COMMERCE STREET, SUITE 1900

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

MJBW Investments, LP

(Last) (First) (Middle)

301 COMMERCE STREET, SUITE 1900

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

MJBW Genpar, LLC

(Last) (First) (Middle)

301 COMMERCE STREET, SUITE 1900

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

KLEINHEINZ JOHN B

(Last) (First) (Middle)

301 COMMERCE STREET, SUITE 1900

(Street)

FORT WORTH TX 76102

(City) (State) (Zip)

Explanation of Responses:

1. On November 25, 2015, Kleinheinz Capital Partners, Inc. ("Kleinheinz Capital"), MJBW Investments, LP ("MJBW"), MJBW Genpar, LLC ("Genpar"), Global Undervalued Securities Master Fund, L.P. ("Global Master"), and John B. Kleinheinz ("Mr. Kleinheinz") made a joint filing under Section 13(d) of the Securities Exchange Act of 1934, as amended, relating to the common stock of Upland Software, Inc. (the "Common Stock").

2. Represents shares of Common Stock directly beneficially owned by Global Master.

3. Represents shares of Common Stock directly beneficially owned by MJBW.

4. Kleinheinz Capital is the general partner of Global Master and indirectly benefically owns the shares of Common Stock owned by Global Master.

5. Genpar is the general partner of MJBW and indirectly benefically owns the shares of Common Stock owned by MJBW.

6. Mr. Kleinheinz is the sole director and President of Kleinheinz Capital and is the sole member and President of Genpar and indirectly beneficially owns the shares of Common Stock owned by Global Master and MJBW. Mr. Kleinheinz, Kleinheinz Capital and Genpar disclaim any beneficial ownership of shares of Common Stock, except to the extent of any pecuniary interest therein.

Remarks:

	/s/ John B. Kleinheinz, President of Kleinheinz Capital Partners, Inc., general partner of Global Undervalued Securities Master Fund, L.P.	12/03/2015
	/s/ John B. Kleinheinz, President of Kleinheinz Capital Partners, Inc.	12/03/2015
	/s/ John B. Kleinheinz, President of MJBW Genpar, LLC, general partner of MJBW Investments, LP	12/03/2015
	/s/ John B. Kleinheinz, President of MJBW Genpar, LLC	12/03/2015
	/s/ John B. Kleinheinz	12/03/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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