CLEARBLUE ATLANTIC LLC 4
4 · NAVISITE INC · Filed Aug 28, 2003
Insider Transaction Report
Form 4
NAVISITE INCNAVI
CLEARBLUE TECHNOLOGIES INC
10% Owner
Transactions
- Other
Common Stock
2003-08-26−4,636,239→ 0 total
Footnotes (1)
- [F1]In connection with the reorganization of ClearBlue Technologies, Inc. (the"Reporting Person"), the Reporting Person effected a pro rata distribution to certain of its stockholders. In addition on August 26, 2003 the Reporting Person distributed 7,106,067 shares of the Issuer's common stock to Atlantic Investors LLC (" Atlantic") to satisfy certain intracompany obligations owed to Atlantic by the Reporting Person. Atlantic is the beneficial owner of 17,760,872 shares of the Issuer's common stock.