CHILDTIME LEARNING CENTERS INC 4
4 · CHILDTIME LEARNING CENTERS INC · Filed Aug 10, 2004
Insider Transaction Report
Form 4
MORGAN JAMES J
Director10% OwnerOther
Transactions
- Other
Standby Commitment Options (right to buy)
2004-08-06+1,024→ 1,029 total(indirect: see footnote)Exercise: $5.00From: 2003-05-16Exp: 2006-07-19→ Common Stock (1,024 underlying) - Other
Common Stock, No Par Value
2004-08-06+25,829→ 25,962 total(indirect: see footnote)
Holdings
- 231,520
Common Stock, No Par Value
- 28,307(indirect: see footnote)
Common Stock, No Par Value
- 5,298
Standby Commitment Options (right to buy)
Exercise: $5.00From: 2003-05-16Exp: 2006-07-19→ Common Stock (5,298 underlying)
Footnotes (3)
- [F1]Represents the Reporting Person's indirect, proportionate pecuniary interest in securities owned by JP Acquisition Fund III, L.P. ("JPAF III"). The transaction covered by this Report consisted of the purchase of a limited partnership interest in JPAF III, rather than a direct purchase of the Issuer's securities held by JPAF III. Accordingly, there was no separate purchase price applicable to the Issuer's securities.
- [F2]Represents shares held by Jacobson Partners on behalf of the Reporting Person.
- [F3]These options to purchase common stock of the Issuer were granted pursuant to an option grant letter agreement dated July 19, 2002. The effectiveness of the grant, and the exerciseability of these options, were contingent on the consummation of the Issuer's rights offering, which occurred on May 16, 2003.