CHEUNG KONG HOLDINGS LTD 4
4 · CRITICAL PATH INC · Filed Jan 3, 2005
Insider Transaction Report
Form 4
CHEUNG KONG HOLDINGS LTD
10% Owner
Transactions
- Purchase
Series F Warrants
2004-12-29+107,142→ 1,071,420 total(indirect: See)Exercise: $14.00From: 2004-12-30Exp: 2008-07-09→ Series F Redeemable Convertible Preferred Stock (107,142 underlying)
Footnotes (3)
- [F1]Every one share of Series F Preferred Stock is initially convertible into ten shares of common stock of the issuer. The conversion ratio of the Series F Preferred Stock is equal to the product of (i) the number of shares of Series F Preferred Stock being so converted MULTIPLIED BY (ii) the quotient of (x) the Series F Accreted Value DIVIDED BY (y) $1.40, subject to anti-dilution adjustments. Series F Accreted Value means, with respect to each share of Series F Preferred Stock, the sum of $14.00 plus all dividends that have accrued and compounded semi-annually with respect thereto.
- [F2]Not applicable.
- [F3]Cheung Kong (Holdings) Limited beneficially owns 107,142 shares of Series F Preferred Stock through its wholly owned subsidiary, Campina Enterprises Limited.