-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IUInkl1Wqoe7hU7XldTpkNQcPPymdNj/mej/AK1OTLqtpvKqxyPnNZqhTSRYE0Ai Rzef8KRoTeTLEp6CjJYjdg== 0001209191-03-016179.txt : 20030808 0001209191-03-016179.hdr.sgml : 20030808 20030808152226 ACCESSION NUMBER: 0001209191-03-016179 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021231 FILED AS OF DATE: 20030808 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HOBART MATTHEW CENTRAL INDEX KEY: 0001257667 FILING VALUES: FORM TYPE: 5 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25331 FILM NUMBER: 03831660 BUSINESS ADDRESS: STREET 1: VECTIS GROUP LLC, CRITICAL PATH INC STREET 2: 350 THE EMBARCADERO 6TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4155412645 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CRITICAL PATH INC CENTRAL INDEX KEY: 0001060801 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 911788300 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 320 FIRST STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4158088800 MAIL ADDRESS: STREET 1: 320 FIRST STREET CITY: SAN FRNACISCO STATE: CA ZIP: 94105 5 1 doc5.xml FORM 5 SUBMISSION X0201 52002-12-310110001060801CRITICAL PATH INC cpth0001257667HOBART MATTHEWC/O CRITICAL PATH, INC.350 THE EMBARCADERO, 6TH FLOORSAN FRANCISCOCA941050110VP, Corporate DevelopmentCommon Stock2002-04-304A0L94800.77A12930DCommon Stock2002-05-204P0L400001.2A12930DCommon Stock2002-11-124S0L54000.45D12930DCommon Stock2002-11-134S0L346000.43D12930DCommon Stock2003-04-304A0L20000.46A12930DCommon Stock33450DPreferred Stock14.192001-11-084P0L58181813.75A2001-11-082005-11-08Common Stock8258879581818IBy Vectis Group, LLCWarrants1.052001-11-084P0L4650001.05A2001-11-082006-11-08Common Stock465000465000IBy Vectis Group, LLCOption0.5732001-09-272011-09-27Common Stock350000539700DOption1.132002-01-015P0L1897000A2002-01-012012-01-01Common Stock189700539700DGranted pursuant to the Issuer's employee stock purchase p lan. The Reporting Person purchased 9,480 shares of common stock on April 30, 2002 and 2,000 shares of common stock on April 30, 2003 pursuant to this plan.Includes 3,450 and 9,480 shares of Common Stock held by the Reporting Person as of the end of the Issuer's most recent fiscal year. Excludes equity securities convertible into Common Stock (which equity securities are described in Table II) held by the Reporting Person and 2,000 shares of Common Stock purchased by the Reporting Person on April 30, 2003 pursuant to the Issuer's Employee Stock Purchase Plan.Includes 3,450 shares of Common Stock held by the Reporting Person prior to such person becoming a reporting person.There is no expiration date by which the Preferred Stock must be converted into Common Stock of the Issuer. However (i) if, as of any date after November 8, 2005, the average closing price per share of Common Stock of the Issuer for any 60 consecutive trading days equals or exceeds 400% of the Accreted Value, then the Issuer has the right, at its option, to redeem within 30 days, all of the outstanding shares of Preferred Stock for cash at a price per share equal to the Accreted Value plus the sum of all dividends accrued since the previous semi-annual compounding date and all dividends that would have accrued and compounded from the closing date of such optional redemption through and until November 8, 2006.This Form 5 is filed by Matthew Hobart (the "Reporting Person"). The Reporting Person is a managing member of Vectis Group, LLC ("Vectis Group"), which itself is the managing member of Vectis CP Holdings, LLC ("Vectis CP") and Vectis-K1, LLC ("Vectis-K1"). Vectis CP holds 491,536 shares of Series D Cumulative Redeemable Convertible Participating Preferred Stock (the "Preferred Stock") the Issuer. Vectis-K1 holds 90,282 shares of Preferred Stock of the Issuer. Each share of Preferred Stock is convertible as of the date hereof into 14.1959 shares of Common Stock. The shares of Preferred Stock held by Vectis CP and Vectis-K1 represent, on an as converted basis, approximately 8,258,879 shares of Common Stock of the Issuer. Granted pursuant to the Issuer's Employee Stock Option Plan/s/ Matthew Hobart2003-08-08 -----END PRIVACY-ENHANCED MESSAGE-----