STELLAR ARTHUR W 4/A
4/A · PLATO LEARNING INC · Filed Nov 21, 2003
Insider Transaction Report
Form 4/AAmended
STELLAR ARTHUR W
Director
Transactions
- Award
Common Stock
2003-11-17+108→ 570 total(indirect: By Sons)
Holdings
- 3,200
Common Stock
Footnotes (2)
- [F1]The reporting person is amending the Form 4 originally filed to report an additional 95 shares owned indirectly that were omitted from the original report. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]Received in exchange for 82 shares of Lightspan, Inc. common stock in connection with the merger of Lightspan, Inc. into PLATO Learning, Inc. (the ''Merger''). On the effective date of the Merger, the closing price of Lightspan's common stock was $14.02 per share, and the closing price of PLATO Learning's common stock was $10.52. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.