PULSEPOINT COMMUNICATIONS 3
3 · PULSEPOINT COMMUNICATIONS · Filed Jun 24, 1999
Insider Transaction Report
Form 3
No transactions or holdings reported in this filing.
Footnotes (1)
- [16]6% of the outstanding Common Stock of the Issuer (based upon (i) the 5,577,572 shares of PulsePoint Common Stock outstanding on May 25, 1999, as represented to Reporting Person by Issuer in the Merger Agreement, plus an additional 1,109,937 that Issuer will issue to Reporting Person in the event that the Option is exercised) following the exercise in whole of the Option for 1,109,937 shares of Issuer Common Stock. The Reporting Person expressly disclaims any beneficial ownership of the shares of Issuer Common Stock which are purchasable by the Reporting Person upon exercise of the Option, on the grounds that the Option is not presently exercisable and only becomes exercisable upon the occurrence of the events referred to above. If the Option were exercised, Reporting Person would have the sole right to vote and to dispose of the shares of Issuer issued as a result of such exercise. Neither the filing of this Form 3 nor any of its contents shall be deemed to constitute an admission that the Reporting Person is the beneficial owner of the Option Shares for purposes of Sections 13(d) or 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose and such beneficial ownership is expressly disclaimed. The foregoing summary of the Option Agreement is qualified in its entirely by reference to such agreement, which has been filed as an exhibit to the Issuer's Form 8-K dated as of June 14, 1999. UNISYS CORPORATION /s/ Robert H. Brust June 24, 1999 --------------------------------------------- ----------------------- (**)