HOBART MATTHEW 5
5 · CRITICAL PATH INC · Filed Jan 21, 2004
Insider Transaction Report
Form 5
HOBART MATTHEW
10% Owner
Transactions
- Sale
Common Stock
2003-11-20$2.39/sh−862$2,060→ 2,315,894 total(indirect: By LLC) - Sale
Common Stock
2003-11-20$2.36/sh−270$637→ 2,315,894 total(indirect: By LLC) - Sale
Common Stock
2003-11-20$2.38/sh−3,100$7,378→ 2,315,894 total(indirect: By LLC)
Footnotes (1)
- [F1]This Form 5 is filed by Matthew Hobart (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 and Vectis Group holds a warrant to purchase 116,250 shares of Common Stock of the Issuer. Each share of Preferred Stock is convertible into 3.5487 shares of Common Stock. The shares of Preferred Stock and warrants held by Vectis CP, Vectis-K1 and Vectis Group represent, on an as converted basis, approximately 2,180,969 shares of Common Stock of the Issuer. The Reporting Person holds an option to purchase 116,250 shares of Common Stock of the Issuer.