NETWORK ENGINES INC 4
4 · NETWORK ENGINES INC · Filed Sep 3, 2003
Insider Transaction Report
Form 4
POLESTRA FRANK M
Director
Transactions
- Tax Payment
Common Stock
2003-08-29$5.41/sh−48,828$264,159→ 625,039 total(indirect: By Ascent Venture Partners II LP) - Tax Payment
Common Stock
2003-08-29$5.41/sh−12,207$66,040→ 122,038 total(indirect: By Ascent Venture Partners LP) - Exercise of In-Money
Common Stock
2003-08-29$5.41/sh+168,168$909,789→ 290,206 total(indirect: Shares held by Ascent Venture Partners LP) - Exercise of In-Money
Warrant (right to buy)
2003-08-29$0.36/sh−721,500$259,740→ 0 totalExercise: $0.36→ Common Stock (721,500 underlying) - Exercise of In-Money
Common Stock
2003-08-29$5.41/sh+672,672$3,639,156→ 1,297,711 total(indirect: Shares held by Ascent Venture Partners II LP) - Exercise of In-Money
Warrant (right to buy)
2003-08-29$0.36/sh−180,375$64,935→ 0 total(indirect: Warrants held and exercised by Ascent Venture Partners LP)Exercise: $0.36→ Common Stock (180,375 underlying)
Holdings
- 5,000(indirect: By LLC)
Common Stock
- 115,177
Common Stock
- 633(indirect: Shares held by Ascent Venture Management SBIC Corp)
Common Stock
- 41,077(indirect: Shares held by Le Serre)
Common Stock
- 185,393(indirect: Shares held by Ascent Venture Partners III LP)
Common Stock
Footnotes (4)
- [F1]Shares surrendered to issuer pursuant to warrant exercise
- [F2]Shares surrendered to issuer pursuant to warrant exercise
- [F3]Pre-IPO warrants which became fully-exerciseable in 1997 and 1998
- [F4]Ten year pre-IPO warrants which would expire in 2007 and 2008