550 DIGITAL MEDIA VENTURES INC 4

Accession 0001193805-04-000649

CIK 0001088244other

Filed

Apr 18, 8:00 PM ET

Accepted

Apr 19, 8:26 PM ET

Size

16.5 KB

Accession

0001193805-04-000649

Form 4

Period: 2004-04-15

10% Owner

Transactions

Exercise of In-Money
Series B Preferred Stock
2004-04-15$1.10/sh−1,295,455$1,425,001→ 173,077 total(indirect: Through 550 DMV)
Exercise: $0.00→ Common Stock (1,295,455 underlying)
Exercise of In-Money
Common Stock
2004-04-15$1.10/sh−3,050,000$3,355,000→ 161,154 total(indirect: Through 550 DMV)
Exercise of In-Money
Option (Obligation to Sell)
2004-04-15−3,050,000→ 0 total(indirect: Through 550 DMV)
Exercise: $1.10From: 2003-10-31Exp: 2004-04-16→ Common Stock (3,050,000 underlying)
Exercise of In-Money
Option (Obligation to Sell)
2004-04-15−1,295,455→ 0 total(indirect: Through 550 DMV)
Exercise: $1.10From: 2003-10-31Exp: 2004-04-16→ Series B Preferred Stock (1,295,455 underlying)

10% Owner

Transactions

Exercise of In-Money
Option (Obligation to Sell)
2004-04-15−1,295,455→ 0 total(indirect: Through 550 DMV)
Exercise: $1.10From: 2003-10-31Exp: 2004-04-16→ Series B Preferred Stock (1,295,455 underlying)
Exercise of In-Money
Common Stock
2004-04-15$1.10/sh−3,050,000$3,355,000→ 161,154 total(indirect: Through 550 DMV)
Exercise of In-Money
Series B Preferred Stock
2004-04-15$1.10/sh−1,295,455$1,425,001→ 173,077 total(indirect: Through 550 DMV)
Exercise: $0.00→ Common Stock (1,295,455 underlying)
Exercise of In-Money
Option (Obligation to Sell)
2004-04-15−3,050,000→ 0 total(indirect: Through 550 DMV)
Exercise: $1.10From: 2003-10-31Exp: 2004-04-16→ Common Stock (3,050,000 underlying)

10% Owner

Transactions

Exercise of In-Money
Series B Preferred Stock
2004-04-15$1.10/sh−1,295,455$1,425,001→ 173,077 total(indirect: Through 550 DMV)
Exercise: $0.00→ Common Stock (1,295,455 underlying)
Exercise of In-Money
Common Stock
2004-04-15$1.10/sh−3,050,000$3,355,000→ 161,154 total(indirect: Through 550 DMV)
Exercise of In-Money
Option (Obligation to Sell)
2004-04-15−1,295,455→ 0 total(indirect: Through 550 DMV)
Exercise: $1.10From: 2003-10-31Exp: 2004-04-16→ Series B Preferred Stock (1,295,455 underlying)
Exercise of In-Money
Option (Obligation to Sell)
2004-04-15−3,050,000→ 0 total(indirect: Through 550 DMV)
Exercise: $1.10From: 2003-10-31Exp: 2004-04-16→ Common Stock (3,050,000 underlying)

Footnotes (3)

[F1]This Form 4 is being filed by Sony Corporation of America ("SCA"), Sony Music Entertainment, Inc. ("Sony Music"), which is an indirect wholly-owned subsidiary of SCA, and 550 Digital Media Ventures Inc. ("550 DMV"), which is an indirect wholly-owned subsidiary of Sony Music, relating to the common stock, par value $0.001 per share (the "Common Stock") of eUniverse, Inc. (the "Company"). The Reporting Persons are making a group filing because, due to the relationships between them, the Reporting Persons may be deemed to constitute a "group" for purposes of Section 13(d)(3) of the Exchange Act. Each Reporting Person disclaims beneficial ownership under Section 16 of the Exchange Act with respect to the transactions reported herein, to the extent greater than its pecuniary interest therein.
[F2]Each share of Series B Preferred Stock is currently convertible into one share of common stock.
[F3]Under certain circumstances, the consideration would include an additional $1.10 per share for a maximum price of $2.20 per share.

Documents

2 files

EUNIVERSE INC

CIK 0001088244

Entity typeother