McNamee Roger 4
4 · MOVE INC · Filed Feb 23, 2011
Insider Transaction Report
Form 4
MOVE INCMOVE
McNamee Roger
Director
Transactions
- Other
Series B Convertible Participating Preferred Stock
2011-02-22$70344914.69/sh−69,984.6$4,923,060,716,614→ 11,674,585.79 total(indirect: See footnote)Exercise: $4.20From: 2005-11-29Exp: 2012-11-29→ Common Stock (16,662,999.93 underlying) - Other
Series B Convertible Participating Preferred Stock
2011-02-22$15479.31/sh−15.4$238,381→ 2,568.97 total(indirect: See footnote)Exercise: $4.20From: 2005-11-29Exp: 2012-11-29→ Common Stock (3,666.74 underlying)
Footnotes (6)
- [F1]Par value $0.001 per share.
- [F2]These securities are directly owned by Elevation Partners, L.P. ("Elevation Partners"). Elevation Associates, L.P. ("Elevation GP") is the sole general partner of Elevation Partners, and Elevation Associates, LLC ("Elevation LLC") is the sole general partner of Elevation GP. Mr. McNamee is a manager of Elevation LLC. As manager of Elevation LLC, Mr. McNamee may be deemed to be the indirect beneficial owner of such securities under Rule 16a-1(a)(2) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). However, pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, Mr. McNamee disclaims that he is the beneficial owner of such securities, except to the extent of his pecuniary interest therein.
- [F3]These securities are directly owned by Elevation Employee Side Fund, LLC ("Side Fund"). Elevation Management, LLC ("Elevation Management") is the sole managing member of Side Fund. Mr. McNamee is a manager of Elevation Management. As a manager of Elevation Management, Mr. McNamee may be deemed to be the indirect beneficial owner of such securities under Rule 16a-1(a)(2) promulgated under the Exchange Act. However, pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, Mr. McNamee disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
- [F4]Subject to anti-dilution adjustment pursuant to the terms of the certificate of designation with respect to these securities.
- [F5]These securities were called for redemption by the issuer for a price determined pursuant to the terms of the certificate of designation with respect to these securities.
- [F6]This is the number of shares of common stock, par value $0.001 per share, which these securities are convertible into as of the date of this filing. Pursuant to the terms of these securities, no fractional shares of common stock will be issued upon conversion thereof.