4//SEC Filing
FRIDDELL GUY R III 4
Accession 0000057606-05-000002
CIK 0001087875other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 7:01 PM ET
Size
13.3 KB
Accession
0000057606-05-000002
Insider Transaction Report
Form 4
COOLSAVINGS INCcsav
FRIDDELL GUY R III
Director
Transactions
- Other
Series B Convertible Preferred Stock
2005-01-01+3,455,767→ 176,244,126 total(indirect: See footnote)Exercise: $0.00From: 2005-01-01→ Common Stock (3,455,767 underlying)
LANDMARK COMMUNICATIONS INC
10% Owner
Transactions
- Other
Series B Convertible Preferred Stock
2005-01-01+3,455,767→ 176,244,126 total(indirect: See footnote)Exercise: $0.00From: 2005-01-01→ Common Stock (3,455,767 underlying)
QUIST KARL B
Director
Transactions
- Other
Series B Convertible Preferred Stock
2005-01-01+3,455,767→ 176,244,126 total(indirect: See footnote)Exercise: $0.00From: 2005-01-01→ Common Stock (3,455,767 underlying)
ALSTON MICHAEL W
Director
Transactions
- Other
Series B Convertible Preferred Stock
2005-01-01+3,455,767→ 176,244,126 total(indirect: See footnote)Exercise: $0.00From: 2005-01-01→ Common Stock (3,455,767 underlying)
Fiveash Joseph G III
Director
Transactions
- Other
Series B Convertible Preferred Stock
2005-01-01+3,455,767→ 176,244,126 total(indirect: See footnote)Exercise: $0.00From: 2005-01-01→ Common Stock (3,455,767 underlying)
Footnotes (4)
- [F1]Received pursuant to a dividend to be declared and paid to the holders of Series B Convertible Preferred Stock with an effective date of January 1, 2005. Landmark Ventures VII, LLC ("Ventures") is the sole owner of all of the issued and outstanding shares of Series B Convertible Preferred Stock of the Issuer and, therefore, will receive the entire amount of the dividend reported herein.
- [F2]There is no expiration date on the derivative securities reported herein.
- [F3]Does not include 10,889,636 shares of Common Stock of the Issuer held by Ventures.
- [F4]Ventures is an indirect wholly-owned subsidiary of Landmark Communications, Inc. ("Landmark") and, by virtue of this relationship, Landmark may be deemed to be to be the beneficial owner of the Series B Convertible Preferred Stock owned by Ventures and reported herein. In addition, Messrs. Friddell, Quist, Fiveash and Alston (members of the Board of Directors of the Issuer) are each employees of Landmark and/or its affiliates and, as such, may each be deemed to have an indirect pecuniary interest (within Rule 16a-1 of the Exchange Act) of an indeterminate portion of the Series B Convertible Preferred Stock owned by Ventures and reported herein. Each of Landmark and Messrs. Friddell, Quist, Fiveash and Alston disclaims beneficial ownership of all such derivative securities except to the extent of its or his respective indirect pecuniary interest therein, if any.
Documents
Issuer
COOLSAVINGS INC
CIK 0001087875
Entity typeother
Related Parties
1- filerCIK 0001257160
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 7:01 PM ET
- Size
- 13.3 KB