SUMMIT VENTURES V L P 4
4 · ALPHASMART INC · Filed Feb 10, 2004
Insider Transaction Report
Form 4
ALPHASMART INCALSM
SUMMIT VENTURES V L P
10% Owner
Transactions
- Sale
Common Stock
2004-02-06$5.58/sh−282,474$1,576,205→ 0 total - Conversion
Series A Convertible Preferred Stock
2004-02-06+282,474→ 3,202,819 total→ Common Stock (282,474 underlying) - Conversion
Common Stock
2004-02-06+282,474→ 282,474 total
Footnotes (4)
- [F1]The reporting person sold 282,474 shares of the Issuer's common stock in connection with the Issuer's initial public offering. The Issuer's registration statement was declared effective by the Securities and Exchange Commission on February 5, 2004. The remaining 3,202,819 shares of Series A Convertible Preferred Stock held by the reporting person will convert into common stock at the closing of the Issuer's initial public offering on February 11, 2004.
- [F2]Not Applicable.
- [F3]Each share of Series A Convertible Preferred stock converts into one share of the Issuer's common stock.
- [F4]Immediately.