VERTICALNET INC 4
4 · VERTICALNET INC · Filed Dec 20, 2004
Insider Transaction Report
Form 4
VERTICALNET INCVERT
Wash Darryl Eugene
Director
Transactions
- Other
Common Stock
2004-12-16$2.01/sh+304,274$611,560→ 818,743 total(indirect: By LLC)
Footnotes (4)
- [F1]On November 15, 2004, Verticalnet, Inc. converted that certain Prommissory Note issued in conjunction of merger of B2eMarkets, Inc. with and into a wholly owned subsidiary of Verticalnet, Inc. Until December 16, 2004, the number of shares to be issued to Ascend Venture Group, LLC were not determinable.
- [F2]Shares issued pursuant to conversion of Promissory Note.
- [F3]Shares were issued at $2.0099 which represents the "Conversion Price" as set forth in the Promissory Note.
- [F4]Mr. Wash is the Managing Partner of Ascend Venture Group, LLC, the holder of the shares set forth on this Form 4. Mr. Wash disclaims ownership of these shares in their entirety.