Home/Filings/4/0000057606-05-000011
4//SEC Filing

COOLSAVINGS INC 4

Accession 0000057606-05-000011

CIK 0001087875operating

Filed

May 18, 8:00 PM ET

Accepted

May 19, 5:01 PM ET

Size

6.0 KB

Accession

0000057606-05-000011

Insider Transaction Report

Form 4
Period: 2005-05-17
Transactions
  • Purchase

    Common Stock

    2005-05-17$0.80/sh+6,965,365$5,572,29220,220,456 total
Footnotes (2)
  • [F1]On May 17, 2005, pursuant to a Stock Purchase Agreement among Landmark Communications, Inc. ("Landmark"), Steven M. Golden and certain of his family members and certain related persons (collectively, with Mr. Golden, the "Golden Group"), Landmark acquired beneficial ownership of 6,965,365 shares of Common Stock of the Issuer from the Golden Group (the "Golden Shares"). Landmark and the Golden Group are in the process of causing the transfer of record ownership to occur.
  • [F2]Does not include (i) 10,889,636 shares of Common Stock of the Issuer held by Landmark Ventures VII, LLC ("Ventures"), which is an indirect wholly-owned subsidiary of Landmark, or (ii) 179,769,008 shares of Series B Convertible Preferred Stock of the Issuer held by Ventures.

Issuer

COOLSAVINGS INC

CIK 0001087875

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001087875

Filing Metadata

Form type
4
Filed
May 18, 8:00 PM ET
Accepted
May 19, 5:01 PM ET
Size
6.0 KB