NUTRI SYSTEM INC /DE/ 4/A
4/A · NUTRI SYSTEM INC /DE/ · Filed Jun 3, 2005
Insider Transaction Report
Form 4/AAmended
NEWSPRING VENTURES LP
10% Owner
Transactions
- Award
Common Stock
2005-02-11+7,000→ 7,000 total(indirect: By Michael A. DiPiano) - Other
Common Stock
2005-02-11−7,000→ 0 total(indirect: By Michael A. DiPiano)
Footnotes (2)
- [F1]Shares granted as compensation to Mr. DiPiano as a Director. The closing price per share on the date of grant was $5.40.
- [F2]Mr. DiPiano is the CEO of Progress Capital II, Inc., the general partner of the general partner of NewSpring Ventures, L.P. ("NewSpring"). Mr. DiPiano has agreed to assign any shares acquired by virtue of his position as a director of Nutri System, Inc. to NewSpring for no direct consideration other than indemnification by NewSpring for any taxes and out-of-pocket costs incurred by Mr. DiPiano as a result of the grant of shares to Mr. DiPiano and the assignment of such shares to NewSpring.