KHAN AJMAL 4
4 · IPARTY CORP · Filed Oct 26, 2004
Insider Transaction Report
Form 4
IPARTY CORPAMEX:IPT
KHAN AJMAL
10% Owner
Transactions
- Purchase
Series E Preferred Stock
2000-08-29$3.75/sh+266,660$999,975→ 2,799,942 total(indirect: See Footnote)→ Common Stock (2,799,942 underlying) - Award
Options
2000-08-29+75,000→ 75,000 total(indirect: See Footnote)→ Common Stock (75,000 underlying) - Purchase
Series A Preferred Stock (Right to Buy)
2000-08-29$1.00/sh+465,000$465,000→ 465,000 total(indirect: See Footnote)Exercise: $1.00→ Common Stock (465,000 underlying)
Footnotes (7)
- [F1]Securities are owned by Verus Investment Holdings Group, an entity of which the reporting person is an affiliate.
- [F2]Immediately.
- [F3]Variable.
- [F4]None.
- [F5]This acquisition was previously incorrectly reported on a Form 3 filed on 10/14/2003. In reviewing his records to correct the filing, Mr. Khan has not been able to determine the price he paid for the option. As a result he has reported the price paid by the holders of the Series A Preferred Stock.
- [F6]Variable.
- [F7]Grant to Mr. Khan as compensation as a director.