LOCAL.COM 4
4 · LOCAL.COM · Filed Jul 12, 2007
Insider Transaction Report
Form 4
LOCAL.COMLOCM
HEARST COMMUNICATIONS INC
10% Owner
Transactions
- Sale
Common Stock
2007-07-10$9.00/sh−76,834$691,506→ 2,476,128 total - Sale
Common Stock
2007-07-10$9.03/sh−2,270$20,498→ 2,465,829 total - Sale
Common Stock
2007-07-10$9.53/sh−10,400$99,112→ 2,292,618 total - Sale
Common Stock
2007-07-10$9.50/sh−88,851$844,085→ 2,315,442 total - Sale
Common Stock
2007-07-10$8.93/sh−8,200$73,226→ 2,610,727 total - Sale
Common Stock
2007-07-10$9.02/sh−5,278$47,608→ 2,468,099 total - Expiration (Short)
9% Senior Secured Convertible Note
2007-07-10$3000001.38/sh+746,269$2,238,808,029,851→ 746,268 totalExercise: $4.02From: 2007-02-23Exp: 2009-02-22→ Common Stock (1,492,537 underlying) - Sale
Common Stock
2007-07-10$9.14/sh−600$5,484→ 2,407,745 total - Sale
Common Stock
2007-07-10$9.20/sh−3,052$28,078→ 2,404,293 total - Sale
Common Stock
2007-07-10$8.98/sh−10,778$96,786→ 2,563,462 total - Sale
Common Stock
2007-07-10$9.04/sh−500$4,520→ 2,465,329 total - Sale
Common Stock
2007-07-10$8.96/sh−11,107$99,519→ 2,579,940 total - Sale
Common Stock
2007-07-10$9.01/sh−2,751$24,787→ 2,473,377 total - Sale
Common Stock
2007-07-10$8.83/sh−17,751$156,741→ 2,668,996 total - Sale
Common Stock
2007-07-10$8.91/sh−10,583$94,295→ 2,625,144 total - Sale
Common Stock
2007-07-10$9.07/sh−5,384$48,833→ 2,453,745 total - Sale
Common Stock
2007-07-10$8.92/sh−6,217$55,456→ 2,618,927 total - Sale
Common Stock
2007-07-10$8.90/sh−33,269$296,094→ 2,635,727 total - Sale
Common Stock
2007-07-10$8.97/sh−5,700$51,129→ 2,574,240 total - Sale
Common Stock
2007-07-10$9.54/sh−19,730$188,224→ 2,272,888 total - Sale
Common Stock
2007-07-10$9.06/sh−3,400$30,804→ 2,459,129 total - Sale
Common Stock
2007-07-10$8.95/sh−19,680$176,136→ 2,591,047 total - Sale
Common Stock
2007-07-10$9.11/sh−9,980$90,918→ 2,408,345 total - Sale
Common Stock
2007-07-10$9.05/sh−2,800$25,340→ 2,462,529 total - Sale
Common Stock
2007-07-10$9.55/sh−17,210$164,356→ 2,255,678 total - Sale
Common Stock
2007-07-10$9.10/sh−34,720$315,952→ 2,418,325 total - Sale
Common Stock
2007-07-10$8.99/sh−10,500$94,395→ 2,552,962 total - Sale
Common Stock
2007-07-10$9.51/sh−5,640$53,636→ 2,309,802 total - Sale
Common Stock
2007-07-10$9.08/sh−700$6,356→ 2,453,045 total - Sale
Common Stock
2007-07-10$9.15/sh−400$3,660→ 2,407,345 total - Sale
Common Stock
2007-07-10$9.52/sh−6,784$64,584→ 2,303,018 total
Footnotes (1)
- [F1]Hearst Communications is the holder of the 9% Senior Secured Convertible Note (the "Note") and pursuant to Rule 16 of the Securities Exchange Act of 1934 (the "Exchange Act") the beneficial owner of the common stock of the Issuer pursuant to the Note and the common stock converted pursuant to such Note ( the "Securities"). Hearst Communications is a subsidiary of Hearst Magazines Property, Inc. and Hearst Holdings, Inc. Hearst Magazines is a wholly-owned subsidiary of Communications Data Services, Inc. ("CDS"). CDS is a wholly-owned subsidiary of Hearst Holdings, Inc. Hearst Holdings, Inc. is a wholly-owned subsidiary of The Hearst Corporation ("Hearst"). The Hearst Family Trust (the "Trust") is the sole shareholder of Hearst. By reason of the provisions of Rule 16a-1 of the Exchange Act, Hearst Magazines Property, Inc., CDS, Hearst Holdings, Inc., Hearst, and the Trust may be deemed to be the beneficial owners of the Securities.