4//SEC Filing
WESNER BLAINE F 4
Accession 0001181431-05-001290
CIK 0001097641other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:21 PM ET
Size
30.0 KB
Accession
0001181431-05-001290
Insider Transaction Report
Form 4
OLKKOLA EDWARD E
10% Owner
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying) - Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote)
THORNTON JOHN D
10% Owner
Transactions
- Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying) - Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote) - Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote)
DEANGELIS KENNETH P
10% Owner
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote) - Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying)
ARAGONA JOSEPH C
Director10% Owner
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying) - Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote)
AUSTIN VENTURES VI L P
10% Owner
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote) - Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying)
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote) - Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying)
GARVEY JEFFERY C
10% Owner
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying) - Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote)
AV PARTNERS VI LP
10% Owner
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote) - Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying)
WESNER BLAINE F
10% Owner
Transactions
- Conversion
Common Shares
2005-01-01$3.07/sh+2,612$8,019→ 458,554 total(indirect: See Footnote) - Conversion
Convertible Promissory Note
2005-01-01→ 202,925 total(indirect: See Footnote)Exercise: $3.07From: 2005-01-01Exp: 2007-05-14→ Common Shares (2,612 underlying) - Conversion
Common Shares
2005-01-01$3.07/sh+73$224→ 13,177 total(indirect: See Footnote)
Footnotes (8)
- [F1]Shares are held directly by Austin Ventures VI, L.P. ("Austin VI"). AV Partners VI, L.P. ("AVP VI"), the general partner of Austin VI, and Joseph C. Aragona, Kenneth P. DeAngelis, Jeffery C. Garvey, Edward E. Olkkola, John D. Thornton and Blaine F. Wesner, the general partners of AVP VI, may be deemed to share voting and dispositive power over the shares held by Austin VI. Such persons and entities disclaim beneficial ownership of shares held by Austin VI except to the extent of any pecuniary interest therein.
- [F2]Shares are held directly by Austin Ventures VI Affiliates Fund, L.P. ("Austin VI Affiliates"). AVP VI, the general partner of Austin VI Affiliates, and Joseph C. Aragona, Kenneth P. DeAngelis, Jeffery C. Garvey, Edward E. Olkkola, John D. Thornton and Blaine F. Wesner, the general Partners of AVP VI, may be deemed to share voting and dispositive power over the shares held by Austin VI Affiliates. Such persons and entities disclaim beneficial ownership of shares held by Austin VI Affiliates except to the extent of any pecuniary interest therein.
- [F3]Consisting entirely of interest accrued and payable in Common Shares on January 1, 2005 under outstanding convertible promissory notes in the aggregate principal amount of $622,983.99.
- [F4]Interest accrued on those outstanding convertible promissory notes referenced in Footnote (3) above was due and payable on January 1, 2005.
- [F5]Consisting entirely of interest accrued and payable in Common Shares on January 1, 2005 under outstanding convertible promissory notes in the aggregate principal amount of $17,520.01.
- [F6]Interest accrued on those outstanding convertible promissory notes referenced in Footnote (5) above was due and payable on January 1, 2005.
- [F7]In addition, interest accrued as of the date hereof on those outstanding convertible promissory notes referenced in Footnote (3) above is convertible at the option of Austin VI into 8,704 Common Shares.
- [F8]In addition, interest accrued as of the date hereof on those outstanding convertible promissory notes referenced in Footnote (5) above is convertible at the option of Austin VI Affiliates into 244 Common Shares.
Issuer
724 SOLUTIONS INC
CIK 0001097641
Entity typeother
Related Parties
1- filerCIK 0001254928
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:21 PM ET
- Size
- 30.0 KB