ClearStory Systems, Inc. 4
4 · ClearStory Systems, Inc. · Filed Feb 1, 2005
Insider Transaction Report
Form 4
SCP PRIVATE EQUITY PARTNERS II LP
10% Owner
Transactions
- Purchase
Series C Convertible Preferred Stock, par value $.01
2005-01-28$1.94/sh+257,785$500,000→ 2,092,461 totalExercise: $0.97→ Common Stock (515,570 underlying)
Footnotes (4)
- [F1]Exercisable at any time.
- [F2]No expiration date.
- [F3]Includes 43,556 shares and 63,959 shares received as a dividend on Series C Convertible Preferred Stock on March 1, 2004 and September 1, 2004, respectively. These dividends were payable to all holders of record of Series C Convertible Preferred Stock and are exempt from reporting under Rule 16a-9.
- [F4]For purposes of Section 16 reporting, SCP Private Equity Partners II, L.P. ("SCP") is deemed to be a direct beneficial owner of the derivative securities of the Issuer disclosed herein. SCP Private Equity II, LLC (the "Manager") is deemed to be an indirect beneficial owner of the derivative securities of the Issuer disclosed herein because of a contractual agreement with SCP which grants the Manager the power to make voting and investment decisions regarding the securities held by SCP.