SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
GAFFNEY CHRISTOPHER S

(Last) (First) (Middle)
ONE LIBERTY SQ

(Street)
BOSTON MA 02109

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/18/2004
3. Issuer Name and Ticker or Trading Symbol
FRONT PORCH DIGITAL INC [ FPDI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 20,462,727 I(1) See Footnote 1
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock (2) (3) Common Stock 16,863,388 (4) I(5) See Footnote 5
Explanation of Responses:
1. The reporting person may be deemed to have an indirect pecuniary interest in 20,462,727 shares as the manager of Great Hill Investors, LLC, Great Hill Partners, LLC and Great Hill Partners GP, LLC. The reporting person disclaims beneficial ownership of such shares because its indirect pecuniary interest is subject to indeterminable future events except an interest in 180,788 of such shares.
2. Immediately Convertible
3. Not Applicable
4. Each share of Series A Convertible Preferred Stock is convertible into Common Stock equal to the sum of $12.60 per share plus accrued and unpaid dividends divided by the conversion price in effect at the time of conversion. The initial conversion price is $0.63 per share yielding a conversion ratio of 20 shares of Common Stock for each share of Series A Convertible Preferred Stock.
5. Great Hill Partners GP, LLC may be deemed to have an indirect pecuniary interest in 16,863,388 shares as the manager of Great Hill Investors, LLC, Great Hill Partners, LLC and Great Hill Partners GP, LLC. The reporting person disclaims beneficial ownership of such shares because its indirect pecuniary interest is subject to indeterminable future events except an interest in 149,005 of such shares.
/s/ Christopher S. Gaffney 08/30/2004
** 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 5 (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).
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