PHASE FORWARD INC 4
4 · PHASE FORWARD INC · Filed Jun 8, 2005
Insider Transaction Report
Form 4
BICHARA AXEL
Director
Transactions
- Sale
Common Stock
2005-06-06$6.85/sh−54,500$373,325→ 3,964,803 total(indirect: Footnote) - Sale
Common Stock
2005-06-07$6.81/sh−40,000$272,400→ 3,964,803 total(indirect: Footnote) - Sale
Common Stock
2005-06-08$6.80/sh−60,115$408,782→ 3,964,803 total(indirect: Footnote)
Footnotes (2)
- [F1]Mr. Bichara is a Vice President of Atlas Venture Associates V, Inc., the general partner of Atlas Venture Associates V, L.P., which is the general partner of Atlas Venture Fund V, L.P., Atlas Venture Parallel Fund V-A, C.V., Atlas Venture Parallel Fund V-B, C.V. and Atlas Venture Entrepreneurs' Fund V, L.P. In such capacity, he may be deemed to share voting and investment power with respect to the following shares of Common Stock: 75,621 shares held by Atlas Venture Entrepreneurs' Fund III, L.P.; 5,409 shares held by Atlas Venture Entrepreneurs' Fund V, L.P.; 3,478,029 shares held by Atlas Venture Fund III, L.P.; 325,002 shares held by Atlas Venture Fund V, L.P.; 40,371 shares held by Atlas Venture Parallel Fund V-A, C.V.; and 40,371 shares held by Atlas Venture Parallel Fund V-B, C.V. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- [F2]This number reflects the number of securities beneficially owned after taking into account all of the reported transactions.