NAVTECH INC 4
4 · NAVTECH INC · Filed Feb 21, 2007
Insider Transaction Report
Form 4
NAVTECH INCNAVH.OB
Snyder Andrew Miles
President
Transactions
- Sale
Common Stock
2007-02-09−1,260,633→ 0 total(indirect: See Footnote) - Purchase
Common Stock
2007-02-09+1,260,633→ 1,260,633 total(indirect: See Footnote) - Purchase
Common Stock Warrant (right to buy)
2007-02-09+75,000→ 75,000 total(indirect: See Footnote)Exercise: $3.00From: 2005-11-22Exp: 2015-11-22→ Common Stock (75,000 underlying) - Sale
Common Stock Warrant (right to buy)
2007-02-09−75,000→ 0 total(indirect: See Footnote)Exercise: $3.00From: 2005-11-22Exp: 2015-11-22→ Common Stock (75,000 underlying) - Purchase
Series A Convertible Participating Preferred Stock
2007-02-09+1,200,000→ 1,200,000 total(indirect: See Footnote)Exercise: $2.50From: 2005-11-22→ Common Stock (1,200,000 underlying) - Sale
Series A Convertible Participating Preferred Stock
2007-02-09−1,200,000→ 0 total(indirect: See Footnote)Exercise: $2.50From: 2005-11-22→ Common Stock (1,200,000 underlying)
Holdings
- 92,316
Common Stock
Footnotes (4)
- [F1]Cambridge Information Group Inc. issued a promissory note dated February 9, 2007 to Cambridge Information Group II LLC in the amount of $26,143,697, of which $6,422,252 represents the purchase price paid by Cambridge Information Group II LLC for the Common Stock, Series A Convertible Participating Preferred Stock and Common Stock Warrants purchased from Cambridge Information Group Inc.
- [F2]Represents securities sold by Cambridge Information Group Inc. to Cambridge Information Group II LLC. Andrew Snyder is the President and a director and stockholder of Cambridge Information Group Inc. and is the President and a manager and 50% owner of Cambridge Information Group II LLC. Andrew Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein by virtue of his ownership interest in Cambridge Information Group Inc. and Cambridge Information Group II LLC.
- [F3]Conversion Price is subject to customary anti-dilution adjustments.
- [F4]Each share of Series A Convertible Participating Preferred Stock is convertible at any time at the holder's option and, subject to the satisfaction of certain conditions, may be converted at the issuer's option.