COOLSAVINGS INC 4
4 · COOLSAVINGS INC · Filed May 19, 2005
Insider Transaction Report
Form 4
COOLSAVINGS INCcsav
LANDMARK COMMUNICATIONS INC
10% Owner
Transactions
- Purchase
Common Stock
2005-05-17$0.80/sh+6,965,365$5,572,292→ 20,220,456 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.