NEVILLE WILLIAM W 4
4 · OPEN SOLUTIONS INC · Filed Dec 2, 2003
Insider Transaction Report
Form 4
NEVILLE WILLIAM W
Director
Transactions
- Conversion
Common Stock
2003-12-02+574,712→ 574,712 total(indirect: See footnote) - Conversion
Series D Preferred Stock
2003-12-02−833,333→ 0 total(indirect: See footnote)→ Common Stock (574,712 underlying)
Footnotes (3)
- [F1]These shares are owned by The BISYS Group, Inc., of which Mr. Neville is Group President, Information Services. Mr. Neville disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein, and the reporting herein of such securities shall not be construed as an admission that Mr. Neville 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.
- [F2]Each share of Series D Preferred Stock automatically converted into approximately 0.69 shares of Common Stock upon the closing of the issuer's initial public offering.
- [F3]N/A