Home/Filings/4/0001005477-06-005877
4//SEC Filing

KELLNER PETER 4

Accession 0001005477-06-005877

CIK 0001060801other

Filed

Dec 11, 7:00 PM ET

Accepted

Dec 12, 4:21 PM ET

Size

6.7 KB

Accession

0001005477-06-005877

Insider Transaction Report

Form 4
Period: 2005-03-29
KELLNER PETER
10% Owner
Transactions
  • Purchase

    Series F Warrants

    2005-03-29+10,714107,140 total(indirect: By LLC)
    Exercise: $14.00From: 2005-03-29Exp: 2008-07-09Series F Redeemable Convertible Stock (10,714 underlying)
Footnotes (3)
  • [F1]Every one share of Series F Redeemable Convertible Preferred Stock ("Preferred Stock") is initially convertible into ten shares of Common Stock of the issuer. The conversion ratio of the Preferred Stock is equal to the product of (i) the number of shares of Preferred Stock being so converted multiplied by (ii) the quotient of (x) the Series F Accreted Value divided by (y) $1.40, subject to anti-dilution adjustments. Series F Accreted Value means, with respect to each share of Preferred Stock, the sum of $14.00 plus all dividends that have accrued and compounded semi-annually with respect thereto.
  • [F2]Not applicable.
  • [F3]This Form 4 is filed by Peter Kellner (the "Reporting Person"). The Reporting Person has voting and dispositive power over the shares owned by Richmond III, LLC. Richmond III, LLC holds 1,666,666 shares of Series E Convertible Preferred Stock of the issuer and warrants to acquire 107,140 shares of Preferred Stock.

Issuer

CRITICAL PATH INC

CIK 0001060801

Entity typeother

Related Parties

1
  • filerCIK 0001257668

Filing Metadata

Form type
4
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 4:21 PM ET
Size
6.7 KB