5//SEC Filing
KELLNER PETER 5
Accession 0001209191-03-016285
CIK 0001060801other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 7:07 PM ET
Size
29.0 KB
Accession
0001209191-03-016285
Insider Transaction Report
Form 5
KELLNER PETER
10% Owner
Transactions
- Purchase
Common Stock
2001-12-31$2.41/sh+5,000$12,050→ 12,242,877 total(indirect: By LLC) - Purchase
Common Stock
2002-02-14$2.48/sh+80,000$198,400→ 12,242,877 total - Purchase
Common Stock
2002-05-15$1.19/sh+200,000$238,000→ 12,242,877 total - Purchase
Common Stock
2002-05-16$1.27/sh+170,000$215,900→ 12,242,877 total - Purchase
Common Stock
2002-07-02$0.81/sh+100,000$81,000→ 12,242,877 total - Purchase
Common Stock
2002-05-13$1.49/sh+200,000$298,000→ 12,242,877 total - Purchase
Common Stock
2002-01-07$2.80/sh+3,000$8,400→ 12,242,877 total(indirect: By LLC) - Purchase
Common Stock
2002-02-11$2.41/sh+3,500$8,435→ 12,242,877 total(indirect: By LLC) - Purchase
Common Stock
2002-02-12$2.31/sh+1,000$2,310→ 12,242,877 total(indirect: By LLC) - Purchase
Common Stock
2002-05-17$1.24/sh+150,000$186,000→ 12,242,877 total - Purchase
Warrants
2001-11-08$1.05/sh+465,000$488,250→ 465,000 total(indirect: by Vectis Group)Exercise: $1.05From: 2001-11-08Exp: 2006-11-08→ Common Stock (465,000 underlying) - Purchase
Common Stock
2002-02-27$2.30/sh+135,000$310,500→ 12,242,877 total - Purchase
Common Stock
2002-05-14$1.50/sh+50,000$75,000→ 12,242,877 total - Purchase
Common Stock
2002-06-03$1.24/sh+42,000$52,080→ 12,242,877 total - Purchase
Common Stock
2001-12-27$2.54/sh+11,000$27,940→ 12,242,877 total(indirect: By LLC) - Purchase
Common Stock
2001-01-03$2.52/sh+10,000$25,200→ 12,242,877 total(indirect: By LLC) - Purchase
Common Stock
2002-02-08$2.27/sh+5,898$13,388→ 12,242,877 total(indirect: By LLC) - Purchase
Common Stock
2002-02-07$2.31/sh+40,000$92,400→ 12,242,877 total - Purchase
Common Stock
2001-12-26$2.55/sh+55,000$140,250→ 12,242,877 total(indirect: By LLC) - Purchase
Preferred Stock
2001-11-08$13.75/sh+581,818$7,999,998→ 581,818 total(indirect: by Vectis Group)Exercise: $14.19From: 2001-11-08Exp: 2005-11-08→ Common Stock (8,258,879 underlying) - Purchase
Common Stock
2001-12-28$2.46/sh+5,000$12,300→ 12,242,877 total(indirect: By LLC)
Holdings
- 12,242,877
Common Stock
- 12,242,877(indirect: By LLC)
Common Stock
- 231,300
Option
Exercise: $0.98From: 2001-10-30Exp: 2011-10-30→ Common Stock (150,000 underlying)
Footnotes (4)
- [F1]Represents the number of shares beneficially owned by the Reporting Person as of December 31, 2002, the end of the Issuer's most recent fiscal year, and includes shares held by the Reporting Person personally, and Richmond I, LLC and Vectis Group, LLC, for whom the Reporting Person serves as a Managing Member.
- [F2]The Reporting Person personally holds 2,606,700 shares of Common Stock. In addition, 680,998 shares of Common Stock are held in the name of Richmond I, LLC, a limited liability company over which the Reporting Person has dispositive and sole voting power.
- [F3]There is no expiration date by which the Preferred Stock must be converted into Common Stock of the Issuer. However (i) if, as of any date after November 8, 2005, the average closing price per share of Common Stock of the Issuer for any 60 consecutive trading days equals or exceeds 400% of the Accreted Value, then the Issuer has the right, at its option, to redeem within 30 days, all of the outstanding shares of Preferred Stock for cash at a price per share equal to the Accreted Value plus the sum of all dividends accrued since the previous semi-annual compounding date and all dividends that would have accrued and compounded from the closing date of such optional redemption through and until November 8, 2006.
- [F4]This Form 5 is filed by Peter Kellner (the "Reporting Person"). The Reporting Person is a managing member of Vectis Group, LLC ("Vectis Group"), which itself is the managing member of Vectis CP Holdings, LLC ("Vectis CP") and Vectis-K1, LLC ("Vectis-K1"). Vectis CP holds 491,536 shares of Series D Cumulative Redeemable Convertible Participating Preferred Stock (the "Preferred Stock") of the Issuer. Vectis-K1 holds 90,282 shares of Preferred Stock of the Issuer. Each share of Preferred Stock is convertible as of the date hereof into 14.1959 shares of Common Stock. The shares of Preferred Stock held by Vectis CP and Vectis-K1 represent, on an as converted basis, approximately 8,258,879 shares of Common Stock of the Issuer.
Documents
Issuer
CRITICAL PATH INC
CIK 0001060801
Entity typeother
Related Parties
1- filerCIK 0001257668
Filing Metadata
- Form type
- 5
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 7:07 PM ET
- Size
- 29.0 KB