CLEARBLUE ATLANTIC LLC 4
4 · NAVISITE INC · Filed Aug 4, 2003
Insider Transaction Report
Form 4
NAVISITE INCNAVI
ATLANTIC INVESTORS LLC
10% Owner
Transactions
- Purchase
Common Stock
2003-06-18$3.50/sh+47,168$165,088→ 47,168 total
Holdings
- 567,978(indirect: owned by CBT)
Common stock
- 10,559,248(indirect: held by CBF)
Common stock
- 8,110,599(indirect: held by CBA)
Common Stock
Footnotes (2)
- [F1]In a privately negotiated transaction, the Atlantic Investors, LLC ("Atlantic") acquired 47,168 shares from Hewlett-Packard Financial Services Company wiht each purchased share of the Issuer's common stock having a price per share of $3.50. Atlantic controls ClearBlue Finance, Inc. (CBF"), ClearBlue Technologies, Inc. ("CBT") and ClearBlue Atlantic, LLC ("CBA")(collectively, the "Controlled Entities") and the Controlled Entities in the aggregate own 19,201,825 shares. See footnote 2
- [F2]Of such shares, 10,559,248 are held by CBF, 567,978 are held by CBT and 8,110,599 are held by CBA. Atlantic may be deemed the beneficial owner of shares.