FLORENCE WALTER C 4
4 · SI INTERNATIONAL INC · Filed Sep 15, 2003
Insider Transaction Report
Form 4
FLORENCE WALTER C
Director
Transactions
- Other
Common Stock, par value $0.01 per share
2003-09-11$17.00/sh−500,000$8,500,000→ 2,837,870 total(indirect: See below) - Sale
Common Stock, par value $0.01 per share
2003-09-11$16.68/sh−25,000$417,038→ 2,837,870 total(indirect: See below)
Footnotes (4)
- [F1]Frontenac VII LP ("FVII") distributed 500,000 shares of Common Stock of the Issuer on September 11, 2003 in a pro rata distribution to its limited partners. After such distribution, FVII holds 2,702,705 shares of Common Stock of the Issuer.
- [F2]Mr. Florence may be deemed to beneficially own 2,837,870 shares of Common Stock of the Issuer, which includes 2,702,705 shares held by FVII and 135,165 shares held by Frontenac Masters VII LP ("Masters").
- [F3]Mr. Florence is affiliated with Frontenac Company VII, L.L.C. ("Frontenac LLC"), the general partner of FVII and the general partner of Masters, and is a limited partner of Masters. Mr. Florence disclaims beneficial ownership of the shares held by FVII and Masters except to the extent of his pecuniary interest in Masters arising from his role as a limited partner of Masters. The filing of this form shall not be deemed an admission that Mr. Florence is, for purposes of Section 16 or otherwise, the beneficial owner of such shares.
- [F4]Masters sold 25,000 shares of Common Stock of the Issuer on September 11, 2003. After such sale, Masters holds 135,165 shares of Common Stock of the Issuer.