MAXWORLDWIDE INC 4
4 · MAXWORLDWIDE INC · Filed Jan 12, 2004
Insider Transaction Report
Form 4
MAXWORLDWIDE INCMAXW.PK
NEWCASTLE CAPITAL MANAGEMENT LP
10% Owner
Transactions
- Purchase
Common Stock, $0.01 par value per share
2004-01-09$0.81/sh+9,000$7,263→ 2,413,169 total
Footnotes (1)
- [F1]1. Newcastle Capital Management, L.P. ("NCM") is the general partner of Newcastle Partners, L.P. ("NP"), Newcastle Capital Group, L.L.C. ("NCG") is the general partner of NCM and Mark E. Schwarz ("Schwarz") is the managing member of NCG. Accordingly, each of NCM, NCG and Schwarz may be deemed to beneficially own the 2,413,169 shares of Common Stock owned by NP. The reporting persons are members of the MaxWorldwide Full Value Committee (the "Committee"). The reporting persons are not 10% owners other than as a result of their being members of the Committee. NP disclaims beneficial ownership of any shares owned by the Committee, other than the 2,413,169 shares of Common Stock directly owned by it. NCM, NCG and Schwarz disclaim beneficial ownership of any shares owned by the Committee and of the 2,413,169 shares owned by NP, except to the extent of their pecuniary interest therein.