BRENTWOOD IX VENTURES L L C 4
4 · LoopNet, Inc. · Filed Jun 12, 2006
Insider Transaction Report
Form 4
LoopNet, Inc.LOOP
BRENTWOOD ASSOCIATES IX L P
10% Owner
Transactions
- Conversion
Series C Preferred Stock
2006-06-12−2,439,024→ 0 total→ Common Stock (2,439,024 underlying) - Conversion
Common Stock
2006-06-12+1,138,793→ 1,423,492 total(indirect: By LLC) - Conversion
Series A Preferred Stock
2006-06-12−1,138,793→ 0 total(indirect: By LLC)→ Common Stock (1,138,793 underlying) - Conversion
Series A Preferred Stock
2006-06-12−50,634→ 0 total(indirect: By LLC)→ Common Stock (50,634 underlying) - Conversion
Common Stock
2006-06-12+50,634→ 63,292 total(indirect: By LLC) - Conversion
Common Stock
2006-06-12+2,439,024→ 2,439,024 total
Footnotes (3)
- [F1]The Issuer's Preferred Stock automatically converted into Common Stock on a 1-to-1 basis upon the closing of the Issuer's initial public offering.
- [F2]Represents shares held by PropertyFirst, LLC through which Brentwood Associates IX, L.P. holds the majority of the voting powers through the operating agreement of PropertyFirst, LLC.
- [F3]Represents shares held by LoopNet Holdings LLC through which Brentwood Associates IX, L.P. holds the majority of the voting powers through the operating agreement of LoopNet Holdings LLC.