-----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, Vi8lKLERODRJ1wLR6ZT9LO3c4ks+f4hfJkLx4kOjaDfE7aWaLa1Rhtl68eNmZ1V6 Xl7mIxITnDvyGcDIIvO8Tw== 0001209191-06-041322.txt : 20060714 0001209191-06-041322.hdr.sgml : 20060714 20060714182011 ACCESSION NUMBER: 0001209191-06-041322 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060628 FILED AS OF DATE: 20060714 DATE AS OF CHANGE: 20060714 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TWOHIG FINBARR CENTRAL INDEX KEY: 0001241015 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25331 FILM NUMBER: 06963463 MAIL ADDRESS: STREET 1: 350 THE EMBARCADERO STREET 2: 6TH FL CITY: SAN FRANCISCO STATE: CA ZIP: 94105 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 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2006-06-28 0 0001060801 CRITICAL PATH INC CPTH.OB 0001241015 TWOHIG FINBARR C/O CRITICAL PATH, INC. 2 HARRISON STREET - 2ND FLOOR SAN FRANCISCO CA 94105 0 1 0 0 Senior Vice President Engineer Employee Stock Option (right-to-buy 300.00 2006-06-28 4 D 0 3750 D 2010-01-25 Common Stock 3750 0 D Employee Stock Option (right-to-buy 202.00 2006-06-28 4 D 0 6250 D 2010-08-02 Common Stock 6250 0 D Employee Stock Option (right-to-buy 4.00 2006-06-28 4 D 0 12500 D 2011-03-04 Common Stock 12500 0 D Employee Stock Option (right-to-buy 4.36 2006-06-28 4 D 0 25000 D 2011-05-22 Common Stock 25000 0 D Employee Stock Option (right-to-buy 3.52 2006-06-28 4 D 0 18750 D 2012-07-30 Common Stock 18750 0 D Employee Stock Option (right-to-buy 51.52 2006-06-28 4 D 0 1176 D 2009-05-07 Common Stock 1176 0 D Employee Stock Option (right-to-buy 4.52 2006-06-28 4 D 0 9375 D 2011-11-09 Common Stock 9375 0 D Employee Stock Option (right-to-buy 3.12 2006-06-28 4 D 0 112500 D 2013-04-23 Common Stock 112500 0 D Employee Stock Option (right-to-buy 0.65 2006-06-28 4 D 0 20000 D 2014-11-04 Common Stock 20000 0 D Employee Stock Option (right-to-buy 15.44 2006-06-28 4 D 0 36 D 2008-12-10 Common Stock 36 0 D Employee Stock Option (right-to-buy 15.44 2006-06-28 4 D 0 246 D 2008-12-10 Common Stock 246 0 D Employee Stock Option (right-to-buy 15.44 2006-06-28 4 D 0 334 D 2008-12-10 Common Stock 334 0 D Employee Stock Option (right-to-buy 51.52 2006-06-28 4 D 0 176 D 2009-05-07 Common Stock 176 0 D Employee Stock Option (right-to-buy 0.20 2006-06-29 4 A 0 183329 A 2013-06-28 Common Stock 183329 183329 D On December 27, 2005, the issuer accelerated the vesting of all outstanding options; therefore, these options, which were outstanding prior to that date, were fully vested as of that date if not sooner. On June 28, 2006 the reporting person agreed to cancellation of this option grant in exchange for a new option with a lower exercise price. This option was granted in exchange for the options that were cancelled as described in the above footnotes. This option has a 4 year monthly vest schedule, subject to 50% immediate acceleration, which results in full vesting in 2 years from the date of grant. These options are also subject to acceleration upon the occurrence of certain conditions in accordance with an employment agreement. On June 29, 2006, the issuer cancelled, pursuant to an option exchange program, options granted to the reporting person which are reported as dispositions on this Form 4. In exchange for these options, the reporting person was granted new options on June 29, 2006, which are reported as acquisitions on this Form 4. Michael J. Zukerman, Attorney-in-fact 2006-07-14 -----END PRIVACY-ENHANCED MESSAGE-----