CRITICAL PATH INC 4
4 · CRITICAL PATH INC · Filed Apr 30, 2008
Insider Transaction Report
Form 4
CRITICAL PATH INCCPTH.OB
PALOMBA MARK E
EVP, WW Services and Support
Transactions
- Disposition to Issuer
Common Stock
2008-04-29$0.10/sh−41,570$4,240→ 0 total
Footnotes (1)
- [F1]These shares were cancelled pursuant to the terms of the Agreement and Plan of Merger, dated as of December 5, 2007 and as amended on February 19, 2008, by and among CP Holdco, LLC, CP Merger Co. and the Issuer, in exchange for the right to receive, for each share of common stock, a cash payment of $.102 and a contingent right to receive a pro rata amount of any net recovery received by the Issuer with respect to an action pending in the United States District Court for the Western District of Washington captioned "Vanessa Simmonds v. Bank of America Corporation and J.P. Morgan Chase & Co." (without interest and less any required withholding taxes).