GRIC COMMUNICATIONS INC·4

Nov 12, 6:56 PM ET

NAM LEE KHENG 4

4 · GRIC COMMUNICATIONS INC · Filed Nov 12, 2003

Insider Transaction Report

Form 4
Period: 2003-11-10
Transactions
  • Sale

    Common Stock

    2003-11-10$6.52/sh4,210$27,452730,195 total(indirect: See footnote)
  • Sale

    Common Stock

    2003-11-10$6.52/sh2,930$19,106507,549 total(indirect: See footnote)
  • Sale

    Common Stock

    2003-11-10$6.52/sh1,430$9,325248,227 total(indirect: See footnote)
Footnotes (4)
  • [F1]The shareholder of record is Vertex Technology Fund Ltd (VTF). Mr. Lee is (i) a director of VTF, (ii) the President and a director of Vertex Venture Holdings Ltd. (VVH), the majority shareholder of VTF, and (iii) the President of Vertex Managment (II) Pte Ltd (VM2), which holds a power of attorney granted by VTF to make certain voting and investment decisions. Mr. Lee disclaims beneficial ownership of the reported securities held by VTF except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Lee is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
  • [F2]The shareholder of record is Vertex Investment (II) Ltd (VI2). Mr. Lee is (i) the President of VI2, (ii) the President and a director of VVH, the holder of more than 45% of the outstanding shares of VI2, and (iii) the President of VM2, which holds a power of attorney granted by VI2 to make certain voting and investment decisions. Mr. Lee disclaims beneficial ownership of the reported securities held by VI2 except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Lee is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
  • [F3]The shareholder of record is Vertex Technology Fund (II) Ltd (VTF2). Mr. Lee is (i) a director of VTF2, (ii) the President and a director of VVH, the majority shareholder of VTF2, and (iii) the President of VM2, which holds a power of attorney granted by VTF2 to make certain voting and investment decisions. Mr. Lee disclaims beneficial ownership of the reported securities held by VTF2 except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Lee is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
  • [F4]The shareholder of record is Vertex Technology Fund (III) Ltd (VTF3). Mr. Lee is (i) a director of VTF3, (ii) the President and a director of VVH, the majority shareholder of VTF3, and (iii) the President of VM2, which holds a power of attorney granted by VTF3 to make cetain voting and investment decisions. Mr. Lee disclaims beneficial ownership of the reported securities held by VTF3 except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Lee is the beneficial owner of the securities for purposes of Section 16 or any other purpose.

Documents

1 file
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