4//SEC Filing
COOLSAVINGS INC 4
Accession 0000057606-03-000001
CIK 0001087875operating
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 11:53 AM ET
Size
12.6 KB
Accession
0000057606-03-000001
Insider Transaction Report
Form 4
COOLSAVINGS INCcsav
LANDMARK COMMUNICATIONS INC
10% Owner
Transactions
- Other
Warrant
2003-07-31+229,936→ 11,476,818 totalExercise: $0.50From: 2003-08-01Exp: 2009-07-30→ Common Stock (229,936 underlying)
Footnotes (3)
- [F1]Increases to $0.75 after July 30, 2005.
- [F2]Under the terms of an Amended and Restated Loan Agreement dated as of July 30, 2001, as amended (the "Loan Agreement"), between the Issuer and Landmark Communications, Inc. ("Landmark"), and a Common Stock Purchase Warrant issued to Landmark by the Issuer on November 12, 2001, interest on the loan outstanding under the Loan Agreement compounded on July 31, 2003, which, in turn, resulted in the grant to Landmark of warrants to purchase up to an additional 229,936 shares of the Issuer's Common Stock, par value $0.001 per share (such warrants being reported herein).
- [F3]Landmark has a direct ownership interest of the warrants reported herein. Messrs. Friddell, Bradley and Quist and Ms. Wilson are employees of Landmark and/or its affiliates and, as such, may each be deemed to have an indirect pecuniary interest (within Rule 16a-1 of the Exchange Act) in an indeterminate portion of the warrants owned by Landmark. Each of Messrs. Friddell, Bradley and Quist and Ms. Wilson disclaims beneficial ownership of all such warrants except to the extent of his or her respective indirect pecuniary interest therein, if any.
Documents
Issuer
COOLSAVINGS INC
CIK 0001087875
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001087875
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 11:53 AM ET
- Size
- 12.6 KB