NCVC LLC 4
4 · ELECTRIC CITY CORP · Filed Jan 12, 2004
Insider Transaction Report
Form 4
NCVC LLC
10% Owner
Transactions
- Other
Common Stock
2003-11-13−3,527,947→ 0 total - Other
Common Stock Options
2003-11-13$1.10/sh−1,000,000$1,100,000→ 0 totalExercise: $0.00From: 2000-01-01Exp: 2008-06-24→ Common Stock (1,000,000 underlying) - Other
Common Stock
2003-11-13−7,000→ 3,527,947 total
Footnotes (4)
- [F1]7,000 shares of common stock were exchanged with a third party for consulting services rendered to NCVC, LLC.
- [F2]The balance of 3,527,947 shares reflects 1,100 additional shares to adjust for an internal clerical error.
- [F3]NCVC,LLC is in the process of dissolving its partnership and is making a pro-rata distribution of its assets to its members. This represents the Electric City common stock portion of such assets.
- [F4]The stock options which gave NCVC,LLC the right to purchase 1,000,000 shares of Electric City common stock were distributed on a pro-rata basis to the members of NCVC, LLC.