Odimo INC 4

Accession 0001209191-05-011779

CIK 0001292026operating

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 6:16 PM ET

Size

32.0 KB

Accession

0001209191-05-011779

Form 4

Period: 2005-02-18

10% Owner

Transactions

Exercise of In-Money
Series C Preferred Stock
2005-02-18+67,691→ 67,691 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)
Conversion
Common Stock
2005-02-18+545,940→ 1,439,367 total(indirect: See Footnote)
Conversion
Common Stock
2005-02-18+666,665→ 893,427 total(indirect: See Footnote)
Conversion
Common Stock
2005-02-18+67,691→ 1,507,058 total(indirect: See Footnote)
Conversion
Common Stock
2005-02-18+60,774→ 1,867,832 total(indirect: See Footnote)
Conversion
Series A Preferred Stock
2005-02-18−133,333→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (666,665 underlying)
Purchase
Common Stock
2005-02-18$9.00/sh+300,000$2,700,000→ 1,807,058 total(indirect: See Footnote)
Conversion
Series C Preferred Stock
2005-02-18−67,691→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)
Conversion
Series B Preferred Stock
2005-02-18−60,774→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (60,774 underlying)
Exercise of In-Money
Warrants
2005-02-18−67,691→ 0 total(indirect: See Footnote)
Exercise: $8.96From: 2005-02-18→ Series C Preferred Stock (67,691 underlying)
Conversion
Series C Preferred Stock
2005-02-18−545,940→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (545,940 underlying)

10% Owner

Transactions

Conversion
Common Stock
2005-02-18+666,665→ 893,427 total(indirect: See Footnote)
Exercise of In-Money
Warrants
2005-02-18−67,691→ 0 total(indirect: See Footnote)
Exercise: $8.96From: 2005-02-18→ Series C Preferred Stock (67,691 underlying)
Conversion
Common Stock
2005-02-18+67,691→ 1,507,058 total(indirect: See Footnote)
Conversion
Common Stock
2005-02-18+545,940→ 1,439,367 total(indirect: See Footnote)
Conversion
Series A Preferred Stock
2005-02-18−133,333→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (666,665 underlying)
Purchase
Common Stock
2005-02-18$9.00/sh+300,000$2,700,000→ 1,807,058 total(indirect: See Footnote)
Exercise of In-Money
Series C Preferred Stock
2005-02-18+67,691→ 67,691 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)
Conversion
Series C Preferred Stock
2005-02-18−545,940→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (545,940 underlying)
Conversion
Common Stock
2005-02-18+60,774→ 1,867,832 total(indirect: See Footnote)
Conversion
Series B Preferred Stock
2005-02-18−60,774→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (60,774 underlying)
Conversion
Series C Preferred Stock
2005-02-18−67,691→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)

10% Owner

Transactions

Exercise of In-Money
Warrants
2005-02-18−67,691→ 0 total(indirect: See Footnote)
Exercise: $8.96From: 2005-02-18→ Series C Preferred Stock (67,691 underlying)
Conversion
Common Stock
2005-02-18+60,774→ 1,867,832 total(indirect: See Footnote)
Exercise of In-Money
Series C Preferred Stock
2005-02-18+67,691→ 67,691 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)
Conversion
Common Stock
2005-02-18+666,665→ 893,427 total(indirect: See Footnote)
Purchase
Common Stock
2005-02-18$9.00/sh+300,000$2,700,000→ 1,807,058 total(indirect: See Footnote)
Conversion
Common Stock
2005-02-18+545,940→ 1,439,367 total(indirect: See Footnote)
Conversion
Series C Preferred Stock
2005-02-18−545,940→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (545,940 underlying)
Conversion
Common Stock
2005-02-18+67,691→ 1,507,058 total(indirect: See Footnote)
Conversion
Series C Preferred Stock
2005-02-18−67,691→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)
Conversion
Series A Preferred Stock
2005-02-18−133,333→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (666,665 underlying)
Conversion
Series B Preferred Stock
2005-02-18−60,774→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (60,774 underlying)

10% Owner

Transactions

Conversion
Series C Preferred Stock
2005-02-18−545,940→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (545,940 underlying)
Exercise of In-Money
Series C Preferred Stock
2005-02-18+67,691→ 67,691 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)
Conversion
Common Stock
2005-02-18+666,665→ 893,427 total(indirect: See Footnote)
Conversion
Series C Preferred Stock
2005-02-18−67,691→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (67,691 underlying)
Conversion
Common Stock
2005-02-18+67,691→ 1,507,058 total(indirect: See Footnote)
Purchase
Common Stock
2005-02-18$9.00/sh+300,000$2,700,000→ 1,807,058 total(indirect: See Footnote)
Conversion
Common Stock
2005-02-18+60,774→ 1,867,832 total(indirect: See Footnote)
Conversion
Common Stock
2005-02-18+545,940→ 1,439,367 total(indirect: See Footnote)
Conversion
Series B Preferred Stock
2005-02-18−60,774→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (60,774 underlying)
Conversion
Series A Preferred Stock
2005-02-18−133,333→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (666,665 underlying)
Exercise of In-Money
Warrants
2005-02-18−67,691→ 0 total(indirect: See Footnote)
Exercise: $8.96From: 2005-02-18→ Series C Preferred Stock (67,691 underlying)

Footnotes (9)

[F1]Each share of Series A Preferred Stock converts into five (5) shares of Common Stock. The number of shares of common stock underlying the Series A Preferred Stock beneficially owned by the Reporting Persons was inadvertently reported as 133,333 shares in the original Form 3 filed by the Reporting Persons.
[F2]Represents shares held by Lenorth Holdings, S.A.
[F3]SDG Marketing, Inc. and Lenorth Holdings S.A. are part of The Steinmetz Diamond Group, which is owned indirectly by trusts or foundations for the benefit of Beny Steinmetz, Daniel Steinmetz and Nir Livnat. Beny Steinmetz and Daniel Steinmetz are brothers. Nir Livnat is not related to either Beny or Daniel Steinmetz.
[F4]Each share of Series B Preferred Stock and Series C Preferred Stock converts into one share of Common Stock.
[F5]Includes 324,937 shares held by SDG Marketing, Inc. and 221,003 shares held by Lenorth Holdings S.A.
[F6]Includes 8,371 shares held by SDG Marketing, Inc. and 59,320 shares held by Lenorth Holdings S.A. following the exercise of the warrants. The number of shares of Series C Preferred Stock underlying the warrants beneficially owned by the Reporting Persons was inadvertently reported as 45,700 in the original Form 3 filed by the Reporting Persons.
[F7]Represents shares held by SDG Marketing, Inc.
[F8]Not applicable.
[F9]Each warrant is exercisable for one share of Series C Preferred Stock.

Documents

1 file

Odimo INC

CIK 0001292026

Entity typeoperating

IncorporatedDE