COLUMBIA CAPITAL EQUITY PARTNERS III LP 4

4 · DSL NET INC · Filed Sep 25, 2003

Form 4

Period: 2003-09-23

10% Owner

Transactions

Conversion
Series Y Convertible Preferred Stock
2003-09-24$1000.00/sh−71$71,000→ 72 total(indirect: see footnote)
Exercise: $0.44→ Common Stock (175,694 underlying)
Sale
Common Stock
2003-09-23$0.78/sh−40,410$31,358→ 10,036 total(indirect: see footnote)
Conversion
Common Stock
2003-09-24$0.44/sh+3,175,494$1,404,521→ 3,351,494 total(indirect: see footnote)
Sale
Common Stock
2003-09-24$0.72/sh−48,361$34,897→ 137,369 total(indirect: see footnote)
Sale
Common Stock
2003-09-23$0.78/sh−736,272$571,347→ 176,000 total(indirect: see footnote)
Sale
Common Stock
2003-09-24$0.72/sh−876,151$632,231→ 2,475,343 total(indirect: see footnote)
Conversion
Series Y Convertible Preferred Stock
2003-09-24$1000.00/sh−1,283$1,283,000→ 1,310 total(indirect: see footnote)
Exercise: $0.44→ Common Stock (3,175,494 underlying)
Conversion
Common Stock
2003-09-24$0.44/sh+175,694$77,709→ 185,730 total(indirect: see footnote)

Footnotes (7)

[F1]The shares are held directly by Columbia Capital Equity Partners III (QP), L.P. ("Columbia QP"). The Reporting Person is the general partner of Columbia QP and disclaims beneficial ownership of the shares except to the extent of its pecuniary interest therein.
[F2]The shares are held directly by Columbia Capital Equity Partners III (AI), L.P. ("Columbia AI"). The Reporting Person is the general partner of Columbia AI and disclaims beneficial ownership of the shares except to the extent of its pecuniary interest therein.
[F3]389 shares were purchased on 12/28/01 and were exercisable on that date and 894 shares were purchased on 5/30/02 and were exercisable on that date.
[F4]Not applicable.
[F5]Includes 274,748 shares issued as dividends.
[F6]21 shares were purchased on 12/28/01 and were exercisable on that date and 50 shares were purchased on 5/30/02 and were exercisable on that date.
[F7]Includes 15,170 shares issued as dividends.

Documents

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