McNamee Roger 4
4 · MOVE INC · Filed Sep 15, 2010
Insider Transaction Report
Form 4
MOVE INCMOVE
McNamee Roger
Director
Transactions
- Other
Series B Convertible Participating Preferred Stock
2010-09-15+0.23→ 26.04 total(indirect: By Elevation Emp Side Fund)Exercise: $4.20From: 2010-09-15Exp: 2012-11-29→ Common Stock (53 underlying) - Other
Series B Convertible Participating Preferred Stock
2010-09-15+1,026.52→ 118,342.54 total(indirect: By Elevation Ptrs LP)Exercise: $4.20From: 2010-09-15Exp: 2012-11-29→ Common Stock (244,408 underlying)
Footnotes (6)
- [F1]Subject to anti-dilution adjustment pursuant to the terms of the Series B Convertible Participating Preferred Stock, par value $0.001 per share (the "Series B Preferred Stock"), of Move, Inc.
- [F2]These are shares that have been issued as a quarterly in-kind dividend in accordance with the terms of the Series B Preferred Stock.
- [F3]The Series B Preferred Stock is mandatorily redeemable on the seventh anniversary of the original issuance date. The Series B Preferred Stock is also subject to earlier redemption, repurchase or mandatory conversion in accordance with the terms thereof.
- [F4]This is the number of shares of common stock, par value $0.001 per share ("Issuer Common Stock"), of Move, Inc. issuable upon conversion with respect to the amount in column 5 as of the date of this filing. Pursuant to the terms of the Series B Preferred Stock, no fractional shares of Issuer Common Stock will be issued upon conversion of the Series B Preferred Stock. Fractional shares of Series B Preferred Stock will, however, be issued with respect to any quarterly in-kind dividends on the Series B Preferred Stock.
- [F5]These securities are held by Elevation Employee Side Fund, LLC ("Side Fund"). Mr. McNamee is a manager of Elevation Management, LLC which is the sole managing member of Side Fund. Mr. McNamee disclaims beneficial ownership of such shares except to the extent of his pecuniary interest in his distributive share therein.
- [F6]These securities are held by Elevation Partners, L.P. ("Elevation Partners"). Mr. McNamee is a manager of Elevation Associates, LLC which is the sole general partner of Elevation Associates, L.P. ("Elevation GP"). Elevation GP is the sole general partner of Elevation Partners. Mr. McNamee disclaims beneficial ownership of such shares except to the extent of his pecuniary interest in his distributive share therein.