FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
INFOSPACE INC [ INSP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/20/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 12/20/2007 | M | 16,738 | A | $18.26(1) | 18,738 | D | |||
Common Stock | 12/20/2007 | F(2) | 6,101 | D | $18.26(1) | 12,637 | D | |||
Common Stock | 12/20/2007 | M | 50,000 | A | $18.26(1) | 62,637 | D | |||
Common Stock | 12/20/2007 | F(2) | 18,225 | D | $18.26(1) | 44,412 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (3) | 12/20/2007 | M | 16,738 | (4) | (4) | Common Stock | 16,738 | $0.00 | 16,738 | D | ||||
Restricted Stock Units | (3) | 12/20/2007 | M | 50,000 | (5) | (5) | Common Stock | 50,000 | $0.00 | 50,000 | D |
Explanation of Responses: |
1. This reflects the closing price of InfoSpace, Inc.'s common stock on the NASDAQ Stock Market on December 20, 2007. This price does not reflect the fact that these shares are not eligible for the distribution of $9.00 per share payable on each share of common stock to shareholders of record as of December 10, 2007. Pursuant to NASDAQ Stock Market rules, the ex-dividend date for the distribution shall be one day after the payment date for such distribution, and therefore the price of the common stock has not yet adjusted for the amount of the distribution. |
2. Shares of InfoSpace, Inc. common stock withheld by InfoSpace, Inc. to satisfy tax withholding obligation upon vesting of restricted stock units. |
3. Each restricted stock unit represents the right to receive, following vesting, one share of InfoSpace, Inc. common stock. |
4. 16,738 of the restricted stock units vested on 12/20/2007 and the remaining 16,738 of the restricted stock units vest on 12/20/2008. |
5. 50,000 of the restricted stock units vested on 12/20/2007 and the remaining 50,000 of the restricted stock units vest on 12/20/2008. |
Remarks: |
By: Alejandro C. Torres, Senior Corporate Counsel, Securities, InfoSpace, Inc., as Attorney-in-Fact | 12/21/2007 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |