SAGE GROUP PLC 3
3 · ISLAND PACIFIC INC · Filed Nov 24, 2003
Insider Transaction Report
Form 3
SAGE GROUP PLC
10% Owner
Holdings
Stock Option (right to buy)
Exercise: $11.75From: 2003-11-14Exp: 2009-06-11→ Common Stock (10,000 underlying)- 8,923,915
Common Stock
Series A Preferred Stock (convertible into Common Stock)
From: 2003-11-14Exp: 2006-12-31→ Common Stock (18,410,880 underlying)
Footnotes (2)
- [F1]The total amount of funds used by The Sage Group plc in acquiring its interest in Island Pacific, Inc. was ZAR 174,889,027 (equivalent to $26,818,946 based on an exchange rate of 0.14854 on November 14, 2003, the date the securities were acquired).
- [F2]The shares of Series A Preferred Stock held by the Reporting Person are convertible at the option of the holder with no further payment.