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*
Idealab Holdings, LLC

(Last) (First) (Middle)
130 WEST UNION STREET

(Street)
PASADENA CA 91103

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/16/2007
3. Issuer Name and Ticker or Trading Symbol
INTERNET BRANDS, INC. [ INET ]
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)
Class A Common Stock 1,000(1) D
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
Class B Common Stock (2) (2) Class A Common Stock 6,050,000(2) (2) D
Series A Preferred Stock (3) (3) Class A Common Stock 10,000,000(3) (3) D
Series C Preferred Stock (3) (3) Class A Common Stock 2,575,107(3) (3) D
Series D Preferred Stock (3) (3) Class A Common Stock 7,208,735(3) (3) D
Explanation of Responses:
1. The number of shares reported does not reflect a 1-for-2 reverse stock split to be effected in connection with the closing of the issuer's initial public offering.
2. The Class B Common Stock has no expiration date and is convertible on a one-for-one basis into Class A Common Stock (i) at any time at the holder's election and (ii) automatically (A) upon a sale or transfer to an unaffiliated person or (B) upon the failure of the holder, together with certain affiliates, to maintain aggregate ownership of at least 15% of the issuer's outstanding capital stock. The number of underlying shares reported in Column 3 does not reflect a 1-for-2 reverse stock split to be effected in connection with the closing of the issuer's initial public offering.
3. The preferred stock has no expiration date and is convertible on a one-for-one basis into Class A Common Stock (i) at any time at the holder's election and (ii) automatically (A) at the closing of an underwritten public offering meeting certain criteria or (B) upon the consent of the holders of a majority of certain classes of preferred stock. The number of underlying shares reported in Column 3 does not reflect a 1-for-2 reverse stock split to be effected in connection with the closing of the issuer's initial public offering.
/s/ William Gross, President 11/16/2007
** 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 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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