HOBART MATTHEW 4
4 · CRITICAL PATH INC · Filed Jan 11, 2005
Insider Transaction Report
Form 4
HOBART MATTHEW
10% Owner
Transactions
- Conversion
Series D Preferred Stock
2005-01-06$13.75/sh−492,438$6,771,023→ 0 total(indirect: By LLC)Exercise: $1.50From: 2001-11-08Exp: 2005-11-08→ Common Stock (5,627,378 underlying) - Other
Series D Preferred Stock
2005-01-06$13.75/sh−89,380$1,228,975→ 0 total(indirect: By LLC)Exercise: $1.50From: 2008-11-08Exp: 2005-11-08→ Common Stock (1,029,565 underlying) - Award
Common STock
2004-04-30$1.84/sh+500$920→ 5,672,878 total - Conversion
Common Stock
2005-01-06$1.50/sh+5,627,378$8,441,067→ 5,672,878 total(indirect: By LLC)
Footnotes (2)
- [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 Holdings, LLC ("Vectis K-1"). Vectis CP holds 5,661,988 shares of Common Stock and Vectis K-1 holds 10,390 shares of Common Stock, in each case issued upon conversion of shares of Series D Cumulative Redeemable Convertible Participating Preferred Stock of the Issuer. The Reporting Person holds an option to purchase 134,925 shares of Common Stock of the Issuer and 500 shares of Common Stock of the Issuer purchased pursuant to an Employee Stock Ownership Plan.
- [F2]Transfer for no consideration of 89,380 shares of Series D Preferred Stock of the Issuer to CP K-1 Investment LLC, the beneficial owner of the shares.