Home/Filings/4/0001005477-03-003366
4//SEC Filing

CLEARBLUE ATLANTIC LLC 4

Accession 0001005477-03-003366

CIK 0001084750other

Filed

Aug 10, 8:00 PM ET

Accepted

Aug 11, 3:46 PM ET

Size

10.5 KB

Accession

0001005477-03-003366

Insider Transaction Report

Form 4
Period: 2003-08-08
Transactions
  • Purchase

    Common Stock

    2003-08-08+1,100,00012,227,226 total
Holdings
  • Common Stock

    (indirect: held by CBA)
    8,110,599
  • Common Stock

    (indirect: held by Atlantic)
    47,168
Transactions
  • Purchase

    Common Stock

    2003-08-08+1,100,00012,227,226 total
Holdings
  • Common Stock

    (indirect: held by CBA)
    8,110,599
  • Common Stock

    (indirect: held by Atlantic)
    47,168
Transactions
  • Purchase

    Common Stock

    2003-08-08+1,100,00012,227,226 total
Holdings
  • Common Stock

    (indirect: held by Atlantic)
    47,168
  • Common Stock

    (indirect: held by CBA)
    8,110,599
Footnotes (6)
  • [F1]The Reporting Person acquired from the Issuer 1,100,000 shares of the Issuer's common stock in exchange for, among other things, (i) all of the issued and outstanding stock of six of the Reporting Person's wholly-owned subsidiaries and (ii) the release of certain debt obligations of the Reporting Person by the Issuer.
  • [F2]Atlantic Investors, LLC ("Atlantic") and ClearBlue Atlantic, LLC ("CBA")(collectively, the "Controlled Entities") and the Controlled Entities in the aggregate own 20,337,785 shares of the Issuer's common stock (the "Shares"). See Footnote 3.
  • [F3]Of such Shares, 12,227,226 are held by the Reporting Person and 8,110,599 are held by CBA. Atlantic may be deemed to be the beneficial owner of the Shares. See Footnote 4.
  • [F4]Of the 12,227,226 shares held by the Reporting Person, 10,550,248 (the "CBF Shares")were previously reported by the Reporting Person as being owned indirectly through ClearBlue Finance, Inc. ("CBF"). See footnote 5.
  • [F5]CBF is a company controlled by the Reporting Person. Since the Reporting Person's last report, CBF has distributed the CBF Shares to the Reporting Person. See footnote 6.
  • [F6]Atlantic also owns 47,168 shares of the Issuer's common stock directly.

Issuer

NAVISITE INC

CIK 0001084750

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001251897

Filing Metadata

Form type
4
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 3:46 PM ET
Size
10.5 KB