LANDMARK COMMUNICATIONS INC 4
4 · COOLSAVINGS INC · Filed Jan 31, 2005
Insider Transaction Report
Form 4
COOLSAVINGS INCcsav
LANDMARK COMMUNICATIONS INC
10% Owner
Transactions
- Other
Warrant
2005-01-31+259,510→ 12,952,945 totalExercise: $0.50From: 2005-02-01Exp: 2009-07-30→ Common Stock (259,510 underlying)
Footnotes (2)
- [F1]Increases to $0.75 after July 31, 2005 if not sooner exercised
- [F2]Under the terms of an Amended and Restated Loan Agreement dated as of July 30, 2001, as amended (the "Loan Agreement"), between the Issuer and Landmark Communications, Inc. ("Landmark") and a Common Stock Purchase Warrant issued to Landmark by the Issuer on November 12, 2001, interest on the loan outstanding under the Loan Agreement compounded on January 31 2005, which, in turn, resulted in the grant to Landmark of warrants to purchase up to an additional 259,510 shares of the Issuer's Common Stock, par value $0.001 per share (such warrants being reported herein).