Home/Filings/4/0001209191-03-033111

4//SEC Filing

MV MANAGEMENT VI L P ET AL 4

Accession 0001209191-03-033111

CIK 0000873538other

View on SEC.gov Company Profile

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 4:48 PM ET

Size

35.2 KB

Accession

0001209191-03-033111

Insider Transaction Report

Form 4

Period: 2003-12-02

OPEN SOLUTIONS INCOPEN

MV MANAGEMENT VI L P ET AL

10% Owner

Transactions

Conversion
Common Stock
2003-12-02+3,876→ 1,446,835 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+254,546→ 1,701,381 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+115,908→ 1,819,028 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+1,739→ 1,703,120 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+226,488→ 917,958 total(indirect: See footnote)
Conversion
Series B Preferred Stock
2003-12-02−750,000→ 0 total(indirect: See footnote)
→ Common Stock (517,242 underlying)
Conversion
Common Stock
2003-12-02+3,397→ 691,470 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+677,904→ 688,073 total(indirect: See footnote)
Conversion
Series F Preferred Stock
2003-12-02−1,586→ 0 total(indirect: See footnote)
→ Common Stock (1,739 underlying)
Conversion
Series F Preferred Stock
2003-12-02−105,710→ 0 total(indirect: See footnote)
→ Common Stock (115,908 underlying)
Conversion
Common Stock
2003-12-02+7,759→ 925,717 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+517,242→ 1,442,959 total(indirect: See footnote)
Conversion
Series A-2 Preferred Stock
2003-12-02−328,407→ 0 total(indirect: See footnote)
→ Common Stock (226,488 underlying)
Conversion
Series B Preferred Stock
2003-12-02−11,250→ 0 total(indirect: See footnote)
→ Common Stock (7,759 underlying)
Conversion
Common Stock
2003-12-02+10,169→ 10,169 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−14,779→ 0 total(indirect: See footnote)
→ Common Stock (10,169 underlying)
Conversion
Series C Preferred Stock
2003-12-02−5,625→ 0 total(indirect: See footnote)
→ Common Stock (3,876 underlying)
Conversion
Series A-1 Preferred Stock
2003-12-02−985,221→ 0 total(indirect: See footnote)
→ Common Stock (677,904 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−4,926→ 0 total(indirect: See footnote)
→ Common Stock (3,397 underlying)
Conversion
Series C Preferred Stock
2003-12-02−369,375→ 0 total(indirect: See footnote)
→ Common Stock (254,546 underlying)

SIEGEL MARK A

10% Owner

Transactions

Conversion
Common Stock
2003-12-02+7,759→ 925,717 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−14,779→ 0 total(indirect: See footnote)
→ Common Stock (10,169 underlying)
Conversion
Series A-1 Preferred Stock
2003-12-02−985,221→ 0 total(indirect: See footnote)
→ Common Stock (677,904 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−328,407→ 0 total(indirect: See footnote)
→ Common Stock (226,488 underlying)
Conversion
Common Stock
2003-12-02+10,169→ 10,169 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+677,904→ 688,073 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+3,397→ 691,470 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+517,242→ 1,442,959 total(indirect: See footnote)
Conversion
Series A-2 Preferred Stock
2003-12-02−4,926→ 0 total(indirect: See footnote)
→ Common Stock (3,397 underlying)
Conversion
Common Stock
2003-12-02+115,908→ 1,819,028 total(indirect: See footnote)
Conversion
Series B Preferred Stock
2003-12-02−750,000→ 0 total(indirect: See footnote)
→ Common Stock (517,242 underlying)
Conversion
Series C Preferred Stock
2003-12-02−5,625→ 0 total(indirect: See footnote)
→ Common Stock (3,876 underlying)
Conversion
Series C Preferred Stock
2003-12-02−369,375→ 0 total(indirect: See footnote)
→ Common Stock (254,546 underlying)
Conversion
Common Stock
2003-12-02+226,488→ 917,958 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+3,876→ 1,446,835 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+254,546→ 1,701,381 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+1,739→ 1,703,120 total(indirect: See footnote)
Conversion
Series F Preferred Stock
2003-12-02−105,710→ 0 total(indirect: See footnote)
→ Common Stock (115,908 underlying)
Conversion
Series B Preferred Stock
2003-12-02−11,250→ 0 total(indirect: See footnote)
→ Common Stock (7,759 underlying)
Conversion
Series F Preferred Stock
2003-12-02−1,586→ 0 total(indirect: See footnote)
→ Common Stock (1,739 underlying)

JARVE JOHN W

10% Owner

Transactions

Conversion
Series B Preferred Stock
2003-12-02−750,000→ 0 total(indirect: See footnote)
→ Common Stock (517,242 underlying)
Conversion
Common Stock
2003-12-02+7,759→ 925,717 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+517,242→ 1,442,959 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+254,546→ 1,701,381 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+1,739→ 1,703,120 total(indirect: See footnote)
Conversion
Series C Preferred Stock
2003-12-02−369,375→ 0 total(indirect: See footnote)
→ Common Stock (254,546 underlying)
Conversion
Common Stock
2003-12-02+3,876→ 1,446,835 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+10,169→ 10,169 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+677,904→ 688,073 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+3,397→ 691,470 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+115,908→ 1,819,028 total(indirect: See footnote)
Conversion
Series B Preferred Stock
2003-12-02−11,250→ 0 total(indirect: See footnote)
→ Common Stock (7,759 underlying)
Conversion
Series A-1 Preferred Stock
2003-12-02−985,221→ 0 total(indirect: See footnote)
→ Common Stock (677,904 underlying)
Conversion
Series F Preferred Stock
2003-12-02−1,586→ 0 total(indirect: See footnote)
→ Common Stock (1,739 underlying)
Conversion
Series F Preferred Stock
2003-12-02−105,710→ 0 total(indirect: See footnote)
→ Common Stock (115,908 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−4,926→ 0 total(indirect: See footnote)
→ Common Stock (3,397 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−328,407→ 0 total(indirect: See footnote)
→ Common Stock (226,488 underlying)
Conversion
Common Stock
2003-12-02+226,488→ 917,958 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−14,779→ 0 total(indirect: See footnote)
→ Common Stock (10,169 underlying)
Conversion
Series C Preferred Stock
2003-12-02−5,625→ 0 total(indirect: See footnote)
→ Common Stock (3,876 underlying)

HOEL SONJA L

10% Owner

Transactions

Conversion
Common Stock
2003-12-02+10,169→ 10,169 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+115,908→ 1,819,028 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−985,221→ 0 total(indirect: See footnote)
→ Common Stock (677,904 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−4,926→ 0 total(indirect: See footnote)
→ Common Stock (3,397 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−328,407→ 0 total(indirect: See footnote)
→ Common Stock (226,488 underlying)
Conversion
Series B Preferred Stock
2003-12-02−11,250→ 0 total(indirect: See footnote)
→ Common Stock (7,759 underlying)
Conversion
Common Stock
2003-12-02+3,397→ 691,470 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+254,546→ 1,701,381 total(indirect: See footnote)
Conversion
Series B Preferred Stock
2003-12-02−750,000→ 0 total(indirect: See footnote)
→ Common Stock (517,242 underlying)
Conversion
Series C Preferred Stock
2003-12-02−5,625→ 0 total(indirect: See footnote)
→ Common Stock (3,876 underlying)
Conversion
Series C Preferred Stock
2003-12-02−369,375→ 0 total(indirect: See footnote)
→ Common Stock (254,546 underlying)
Conversion
Common Stock
2003-12-02+226,488→ 917,958 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+1,739→ 1,703,120 total(indirect: See footnote)
Conversion
Series F Preferred Stock
2003-12-02−1,586→ 0 total(indirect: See footnote)
→ Common Stock (1,739 underlying)
Conversion
Series A-1 Preferred Stock
2003-12-02−14,779→ 0 total(indirect: See footnote)
→ Common Stock (10,169 underlying)
Conversion
Common Stock
2003-12-02+7,759→ 925,717 total(indirect: See footnote)
Conversion
Series F Preferred Stock
2003-12-02−105,710→ 0 total(indirect: See footnote)
→ Common Stock (115,908 underlying)
Conversion
Common Stock
2003-12-02+3,876→ 1,446,835 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+517,242→ 1,442,959 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+677,904→ 688,073 total(indirect: See footnote)

BREDT THOMAS H

10% Owner

Transactions

Conversion
Common Stock
2003-12-02+115,908→ 1,819,028 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+10,169→ 10,169 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+3,876→ 1,446,835 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+254,546→ 1,701,381 total(indirect: See footnote)
Conversion
Series A-2 Preferred Stock
2003-12-02−4,926→ 0 total(indirect: See footnote)
→ Common Stock (3,397 underlying)
Conversion
Series C Preferred Stock
2003-12-02−5,625→ 0 total(indirect: See footnote)
→ Common Stock (3,876 underlying)
Conversion
Series F Preferred Stock
2003-12-02−1,586→ 0 total(indirect: See footnote)
→ Common Stock (1,739 underlying)
Conversion
Common Stock
2003-12-02+3,397→ 691,470 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+226,488→ 917,958 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−14,779→ 0 total(indirect: See footnote)
→ Common Stock (10,169 underlying)
Conversion
Series A-1 Preferred Stock
2003-12-02−985,221→ 0 total(indirect: See footnote)
→ Common Stock (677,904 underlying)
Conversion
Series B Preferred Stock
2003-12-02−11,250→ 0 total(indirect: See footnote)
→ Common Stock (7,759 underlying)
Conversion
Series C Preferred Stock
2003-12-02−369,375→ 0 total(indirect: See footnote)
→ Common Stock (254,546 underlying)
Conversion
Common Stock
2003-12-02+7,759→ 925,717 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+517,242→ 1,442,959 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+1,739→ 1,703,120 total(indirect: See footnote)
Conversion
Series A-2 Preferred Stock
2003-12-02−328,407→ 0 total(indirect: See footnote)
→ Common Stock (226,488 underlying)
Conversion
Common Stock
2003-12-02+677,904→ 688,073 total(indirect: See footnote)
Conversion
Series B Preferred Stock
2003-12-02−750,000→ 0 total(indirect: See footnote)
→ Common Stock (517,242 underlying)
Conversion
Series F Preferred Stock
2003-12-02−105,710→ 0 total(indirect: See footnote)
→ Common Stock (115,908 underlying)

MENLO VENTURES VI L P

10% Owner

Transactions

Conversion
Common Stock
2003-12-02+10,169→ 10,169 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+677,904→ 688,073 total(indirect: See footnote)
Conversion
Series F Preferred Stock
2003-12-02−105,710→ 0 total(indirect: See footnote)
→ Common Stock (115,908 underlying)
Conversion
Common Stock
2003-12-02+3,397→ 691,470 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+226,488→ 917,958 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−985,221→ 0 total(indirect: See footnote)
→ Common Stock (677,904 underlying)
Conversion
Series B Preferred Stock
2003-12-02−750,000→ 0 total(indirect: See footnote)
→ Common Stock (517,242 underlying)
Conversion
Common Stock
2003-12-02+7,759→ 925,717 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+254,546→ 1,701,381 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+1,739→ 1,703,120 total(indirect: See footnote)
Conversion
Series C Preferred Stock
2003-12-02−5,625→ 0 total(indirect: See footnote)
→ Common Stock (3,876 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−4,926→ 0 total(indirect: See footnote)
→ Common Stock (3,397 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−328,407→ 0 total(indirect: See footnote)
→ Common Stock (226,488 underlying)
Conversion
Series B Preferred Stock
2003-12-02−11,250→ 0 total(indirect: See footnote)
→ Common Stock (7,759 underlying)
Conversion
Series C Preferred Stock
2003-12-02−369,375→ 0 total(indirect: See footnote)
→ Common Stock (254,546 underlying)
Conversion
Common Stock
2003-12-02+517,242→ 1,442,959 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+3,876→ 1,446,835 total(indirect: See footnote)
Conversion
Series F Preferred Stock
2003-12-02−1,586→ 0 total(indirect: See footnote)
→ Common Stock (1,739 underlying)
Conversion
Common Stock
2003-12-02+115,908→ 1,819,028 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−14,779→ 0 total(indirect: See footnote)
→ Common Stock (10,169 underlying)

MONTGOMERY HENRY D

10% Owner

Transactions

Conversion
Common Stock
2003-12-02+3,876→ 1,446,835 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+254,546→ 1,701,381 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+115,908→ 1,819,028 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−14,779→ 0 total(indirect: See footnote)
→ Common Stock (10,169 underlying)
Conversion
Series B Preferred Stock
2003-12-02−750,000→ 0 total(indirect: See footnote)
→ Common Stock (517,242 underlying)
Conversion
Series C Preferred Stock
2003-12-02−5,625→ 0 total(indirect: See footnote)
→ Common Stock (3,876 underlying)
Conversion
Common Stock
2003-12-02+517,242→ 1,442,959 total(indirect: See footnote)
Conversion
Series B Preferred Stock
2003-12-02−11,250→ 0 total(indirect: See footnote)
→ Common Stock (7,759 underlying)
Conversion
Series F Preferred Stock
2003-12-02−105,710→ 0 total(indirect: See footnote)
→ Common Stock (115,908 underlying)
Conversion
Common Stock
2003-12-02+10,169→ 10,169 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+677,904→ 688,073 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+3,397→ 691,470 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+226,488→ 917,958 total(indirect: See footnote)
Conversion
Common Stock
2003-12-02+7,759→ 925,717 total(indirect: See footnote)
Conversion
Series A-1 Preferred Stock
2003-12-02−985,221→ 0 total(indirect: See footnote)
→ Common Stock (677,904 underlying)
Conversion
Series A-2 Preferred Stock
2003-12-02−328,407→ 0 total(indirect: See footnote)
→ Common Stock (226,488 underlying)
Conversion
Common Stock
2003-12-02+1,739→ 1,703,120 total(indirect: See footnote)
Conversion
Series A-2 Preferred Stock
2003-12-02−4,926→ 0 total(indirect: See footnote)
→ Common Stock (3,397 underlying)
Conversion
Series C Preferred Stock
2003-12-02−369,375→ 0 total(indirect: See footnote)
→ Common Stock (254,546 underlying)
Conversion
Series F Preferred Stock
2003-12-02−1,586→ 0 total(indirect: See footnote)
→ Common Stock (1,739 underlying)

Footnotes (5)

[F1]These shares are owned by Menlo Entrepeneurs Fund VI, L.P., of which MV Management VI, L.P. is the general partner. MV Management VI, L.P. disclaims beneficial ownership of these shares, except to the extent of its pecuniary interest therein, and the reporting herein of such securities shall not be construed as an admission that MV Management VI, L.P. is the beneficial owner of any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. H. DuBose Montgomery, John W. Jarve, Thomas H. Bredt, Mark A. Siegel and Sonja L. Hoel are general partners of MV Management VI, L.P. and disclaim beneficial ownership of these shares, except to the extent of his/her pecuniary interests therein, and the reporting herein of such securities shall not be construed as an admission that he/she is the beneficial owner of any such securities for purposes of Sec. 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
[F2]These shares are owned by Menlo Ventures VI, L.P., of which MV Management VI, L.P. is the general partner. MV Management VI, L.P. disclaims beneficial ownership of these shares, except to the extent of its pecuniary interest therein, and the reporting herein of such securities shall not be construed as an admission that MV Management VI, L.P. is the beneficial owner of any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Messrs. Montgomery, Jarve, Bredt and Siegel, and Ms. Hoel are general partners of MV Management VI, L.P. and disclaim beneficial ownership of these shares, except to the extent of his or her pecuniary interests therein, and the reporting herein of such securities shall not be construed as an admission that he or she is the beneficial owner of any such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
[F3]Each share of Series A-1, A-2, B and C Preferred Stock automatically converted into approximately 0.69 shares of Common Stock upon the closing of the issuer's initial public offering.
[F4]Each share of Series F Preferred Stock automatically converted into approximately 1.10 shares of Common Stock upon the closing of the issuer's initial public offering. The conversion ratio reflects an adjustment to the conversion price upon such closing, pursuant to the issuer's Amended and Restated Certificate of Incorporation.
[F5]N/A

Documents

1 file

4
b48613mv.xmlPrimary
MAIN DOCUMENT DESCRIPTION

Issuer

OPEN SOLUTIONS INC

CIK 0000873538

→

Entity typeother

Related Parties

filerCIK 0000935520

Filing Metadata

Form type: 4
Filed: Dec 1, 7:00 PM ET
Accepted: Dec 2, 4:48 PM ET
Size: 35.2 KB

View on SEC.gov