Odimo INC 4

4 · Odimo INC · Filed Feb 23, 2005

Form 4

Period: 2005-02-23

Director

Transactions

Conversion
Common Stock
2005-02-18+24,430→ 29,915 total(indirect: See footnote)
Conversion
Common Stock
2005-02-18+96,267→ 134,085 total(indirect: See footnote)
Conversion
Series B Preferred Stock
2005-02-18−5,485→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (5,485 underlying)
Exercise of In-Money
Series C Preferred Stock
2005-02-18+7,903→ 7,903 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (7,903 underlying)
Conversion
Common Stock
2005-02-18+5,485→ 5,485 total(indirect: See footnote)
Conversion
Series C Preferred Stock
2005-02-18−24,430→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (24,430 underlying)
Conversion
Series A Preferred Stock
2005-02-18−19,254→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (96,267 underlying)
Conversion
Series C Preferred Stock
2005-02-18−7,903→ 0 total(indirect: See Footnote)
From: 2005-02-18→ Common Stock (7,903 underlying)
Conversion
Common Stock
2005-02-18+7,903→ 37,818 total(indirect: See footnote)
Exercise of In-Money
Warrants
2005-02-18−7,903→ 0 total(indirect: See Footnote)
Exercise: $8.96From: 2005-02-18→ Series C Preferred Stock (7,903 underlying)

Footnotes (6)

[F1]Each share of the Issuer's Series B Preferred Stock automatically converted to one share of Common Stock upon the closing of the Issuer's Initial Public Offering.
[F2]Represents 72.2% of shares held by Lipton Partnership, a Florida general partnership. Alan Lipton owns 65% of the outstanding partnership interests in Lipton Partnership, and Lily Lipton, Mr. Lipton's minor daughter, is a beneficiary of a trust which owns 7.2% of the outstanding partnership interests in Lipton Partnership.
[F3]Each share of the Issuer's Series C Preferred Stock automatically converted to one share of Common Stock upon the closing of the Issuer's Initial Public Offering.
[F4]Each share of the Issuer's Series A Preferred Stock automatically converted to five (5) shares of Common Stock upon the closing of the Issuer's Initial Public Offering.
[F5]Not applicable.
[F6]Upon the closing of the Issuer's Initial Public Offering, the Warrants were exercised for the purchase of shares of Series C Preferred Stock at an exercise price of $8.96 per share, and each share of Series C Preferred Stock so purchased was automatically converted into one share of Common Stock.

Documents

1 file