SEC Form 4
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*
MCANDREWS BRIAN P

(Last) (First) (Middle)
821 SECOND AVE, SUITE 1800

(Street)
SEATTLE WA 98104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AQUANTIVE INC [ AQNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2007
4. 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 Acquired, Disposed of, or Beneficially Owned
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 07/02/2007 M(1) 6,000 A $1.2667 128,825 D
Common Stock 07/02/2007 S 6,000 D $63.85 122,825 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
Employee Stock Option (Right to Buy) $8 06/29/2007 G V 27,000 02/22/2001(2) 02/22/2010 Common Stock 27,000(2) $0 0 D
Employee Stock Option (Right to Buy) $8 06/29/2007 G(3) V 27,000 (2) 02/22/2010 Common Stock 27,000 $0 27,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $24 06/29/2007 G V 264,000 09/13/2000(2) 02/28/2010 Common Stock 264,000(2) $0 0 D
Employee Stock Option (Right to Buy) $24 06/29/2007 G(3) V 264,000 (2) 02/28/2010 Common Stock 264,000 $0 264,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $1.2666 06/29/2007 G V 400,704 09/15/2000(2) 09/15/2009 Common Stock 400,704(2) $0 144,000 D
Employee Stock Option (Right to Buy) $1.2666 06/29/2007 G(3) V 400,704 (2) 09/15/2009 Common Stock 400,704 $0 400,704 I LKM Investments LLC
Employee Stock Option (Right to Buy) $9.75 06/29/2007 G V 66,000 07/28/2001(2) 07/28/2010 Common Stock 66,000(2) $0 0 D
Employee Stock Option (Right to Buy) $9.75 06/29/2007 G(3) V 66,000 (2) 07/28/2010 Common Stock 66,000 $0 66,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $1.25 06/29/2007 G V 200,000 01/01/2002(2) 02/22/2011 Common Stock 200,000(2) $0 0 D
Employee Stock Option (Right to Buy) $1.25 06/29/2007 G(3) V 200,000 (2) 02/22/2011 Common Stock 200,000 $0 200,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $1.14 06/29/2007 G V 18,000 05/30/2001(2) 05/30/2011 Common Stock 18,000(2) $0 0 D
Employee Stock Option (Right to Buy) $1.14 06/29/2007 G(3) V 18,000 (2) 05/30/2011 Common Stock 18,000 $0 18,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $1.14 06/29/2007 G V 264,000 05/30/2001(2) 05/30/2011 Common Stock 264,000(2) $0 0 D
Employee Stock Option (Right to Buy) $1.14 06/29/2007 G(3) V 264,000 (2) 05/30/2011 Common Stock 264,000 $0 264,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $1.49 06/29/2007 G V 300,000 12/19/2002(2) 12/19/2011 Common Stock 300,000(2) $0 0 D
Employee Stock Option (Right to Buy) $1.49 06/29/2007 G(3) V 300,000 (2) 12/19/2011 Common Stock 300,000 $0 300,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $2.72 06/29/2007 G V 150,000 01/01/2004(2) 01/29/2013 Common Stock 150,000(2) $0 0 D
Employee Stock Option (Right to Buy) $2.72 06/29/2007 G(3) V 150,000 (2) 01/29/2013 Common Stock 150,000 $0 150,000 I LKM Investments LLC
Employee Stock Option (Right to Buy) $8.34 06/29/2007 G V 73,333 03/22/2005(2) 03/22/2014 Common Stock 73,333(2) $0 0 D
Employee Stock Option (Right to Buy) $8.34 06/29/2007 G(3) V 73,333 (2) 03/22/2014 Common Stock 73,333 $0 73,333 I LKM Investments LLC
Employee Stock Option (Right to Buy) $10.77 06/29/2007 G V 62,500 03/18/2006(2) 03/18/2015 Common Stock 62,500(2) $0 0 D
Employee Stock Option (Right to Buy) $10.77 06/29/2007 G(3) V 62,500 (2) 03/18/2015 Common Stock 62,500 $0 62,500 I LKM Investments LLC
Employee Stock Option (Right to Buy) $25.24 06/29/2007 G V 10,668 03/18/2006(2) 01/02/2016 Common Stock 10,668(2) $0 0 D
Employee Stock Option (Right to Buy) $25.24 06/29/2007 G(3) V 10,668 (2) 01/02/2016 Common Stock 10,668 $0 10,668 I LKM Investments LLC
Stock Option (Right to Buy) $1.2667 07/02/2007 M(1) 6,000 09/15/2000(2) 09/15/2009 Common Stock 6,000 $0 138,000 D
Explanation of Responses:
1. These exercise and sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/21/2006.
2. All shares transferred are fully vested and exercisable.
3. The reported securities were transferred by the reporting person to LKM Investments LLC, a family limited liability company of which the reporting person and his spouse are the sole co-managers, and of which the reporting person and his spouse, or trusts of which they and their children are beneficiaries, are the sole equity owners.
Remarks:
Linda A. Schoemaker, Attorney-in-fact for Brian P. McAndrews 07/05/2007
** 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.