-----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, UzJL/NcJMZWDSa99H9DkSmZuysbDCPt1cyX1V6GRmA/nihqHdQCAjJFcRPh6fXaj qLrHniPRV45tZ891AZbUKQ== 0001169232-03-004973.txt : 20030807 0001169232-03-004973.hdr.sgml : 20030807 20030807101152 ACCESSION NUMBER: 0001169232-03-004973 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20030807 GROUP MEMBERS: RANDALL ABRAMSON GROUP MEMBERS: STRATEGIC ADVISORS CORP. GROUP MEMBERS: STRATEGIC CAPITAL PARTNERS INC. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 1340649 ONTARIO LTD CENTRAL INDEX KEY: 0001230588 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1303 YONGE STREET SUITE 101 CITY: TORONTO ONTARIO CANADA STATE: A6 ZIP: M4T279 BUSINESS PHONE: 416 361 1498 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CRYPTOLOGIC INC CENTRAL INDEX KEY: 0001094036 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-59141 FILM NUMBER: 03827845 BUSINESS ADDRESS: STREET 1: 1867 YONGE STREET STREET 2: 7TH FL. CITY: TORONTO ONTARIO CANA STATE: A6 ZIP: M4S 1Y5 BUSINESS PHONE: 4165451455 MAIL ADDRESS: STREET 1: 1867 YOUNGE STREET 7TH FLOOR STREET 2: 7TH FLOOR CITY: TORONTO STATE: A6 ZIP: M4S 1Y5 SC 13D 1 d56441_13d.txt SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D Under the Securities Exchange Act of 1934 (Amendment No. _____) CryptoLogic Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 228906103 (CUSIP Number) Copy to: Adam Abramson D. Grant Vingoe Strategic Capital Partners, Inc. Dorsey & Whitney LLP 1303 Yonge Street, Suite 101 161 Bay Street, Suite 4310 Toronto, Ontario, Canada Toronto, Ontario, Canada M4T 2Y9 M5J 2S1 (416) 867-9771 (416) 367-7370 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) August 1, 2003 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Secs. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. |_| CUSIP No. 228906103 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON 1340649 Ontario Limited I.R.S. Identification No. -- Not Applicable - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Ontario, Canada - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 0 ----------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 6,700 OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 6,700 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,123,961* - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- *See Item 5 CUSIP No. 228906103 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON Strategic Advisors Corp. I.R.S. Identification No. -- Not Applicable - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Ontario, Canada - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 601,300 ----------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 601,300 WITH ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,123,961* - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IA - -------------------------------------------------------------------------------- *See Item 5 CUSIP No. 228906103 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON Strategic Capital Partners Inc. I.R.S. Identification No. -- Not Applicable - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Ontario, Canada - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 501,711 ----------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 0 OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 501,711 WITH ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,123,961* - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* BD - -------------------------------------------------------------------------------- *See Item 5 CUSIP No. 228906103 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON Randall Abramson I.R.S. Identification No. -- Not Applicable - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Ontario, Canada - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER 14,250 ----------------------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES BENEFICIALLY 6,700 OWNED BY ----------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 14,250 WITH ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 6,700 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,123,961* - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.2% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- *See Item 5 Item 1. Security and Issuer This Schedule 13D relates to the common stock (the "Common Stock") of CryptoLogic, Inc. , an Ontario corporation ("CryptoLogic"), with its principal executive offices located at 1867 Yonge Street, 7th Floor, Toronto, Ontario, Canada M4S 1Y5. Item 2. Identity and Background (a)-(c), (f) This joint filing statement is being filed by 1340649 Ontario Limited, an Ontario corporation ("Holdco"); Strategic Advisors Corp., an Ontario corporation ("SAC"); Strategic Capital Partners, Inc., an Ontario corporation ("SCPI"); Randall Abramson, a resident of Ontario and citizen of Canada ("Abramson"); and the group the above-named persons comprise. Holdco, SAC, SCPI, Abramson and the group they comprise are each sometimes referred to as a Reporting Person and, collectively, referred to as Reporting Persons. Holdco is a parent holding company for its operating subsidiaries, SCPI and SAC. SAC is a Canadian investment adviser and is also registered as an investment adviser under the Investment Advisers Act of 1940, as amended. SCPI is a Canadian investment dealer. Abramson serves as Director, Chief Executive Officer, President, Secretary and Treasurer of Holdco; Director, Chief Executive Officer, Secretary, Treasurer and Portfolio Manager of SAC; and Director, Chief Financial Officer, Vice-President, Portfolio Manager and Compliance Officer of SCPI. Holdco owns 100% of the outstanding voting stock of SCPI, and 75% of the outstanding voting stock of SAC. Abramson owns 82% of the outstanding capital stock of Holdco. The business address for Holdco, SCPI and Abramson is 1303 Yonge Street, Suite 101, Toronto, Ontario, Canada M4T 2Y9. The business address for SAC is 1311 Yonge Street, Toronto, Ontario, Canada M4T 3B6. The information required by Instruction C to Schedule 13D is set forth in Schedule 1. (d)-(e) During the last five years, no Reporting Person and, to the best knowledge of the Reporting Persons, no director or executive officer of any Reporting Person has been convicted in a criminal proceeding (excluding traffic violations or other similar misdemeanors) or has been a party to a civil proceeding of a judicial administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or other final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration The total purchase price of all of the Common Stock reported in this Schedule 13D was Cdn$14,300,524.50. Shares of Common Stock owned directly by Abramson (see Item 5 below) were purchased for cash from Abramson's personal funds. Shares of Common Stock owned directly by Holdco (see Item 5 below) were purchased for cash from Holdco's working capital. The remaining shares of Common Stock to which this Schedule 13D relates were purchased using available funds in discretionary investment accounts managed by either SAC or SCPI and the advisory clients of SAC and SCPI provided the funds to purchase such share of Common Stock. Many of the accounts managed by SAC and SCPI are margin accounts and, therefore, Common Stock held in the discretionary investment accounts managed by SAC and SCPI may have been financed in part with margin loans secured by the Common Stock held in the account. Item 4. Purpose of Transaction The Reporting Persons acquired the Common Stock for investment purposes. The Reporting Persons may make future purchases of Common Stock from time to time and may dispose of any or all of the Common Stock owned by them at any time. Abramson has served on the Board of Directors of CryptoLogic, Inc. since May 1, 2003. Members of CryptoLogic Inc.'s Board of Directors are elected annually by the shareholders of CryptoLogic Inc. at CryptoLogic Inc.'s annual shareholder meeting. Upon his election to CryptoLogic Inc.'s board of directors, Abramson relinquished to a co-portfolio manager all voting and dispositive power with respect to Common Stock held in discretionary investment accounts managed by SAC and SCPI. Other than as described above, none of the Reporting Persons currently has any plans or proposals which relate to, or may result in, any of the matters listed in Items 4(a)-(j) of Schedule 13D. Item 5. Interest in Securities of the Issuer (a) Since Abramson, Holdco, SAC and SCPI comprise a "group" within the meaning of Section 13(d)(3) of the Exchange Act of 1934, as amended, each Reporting Person is reporting beneficial ownership in accordance with Exchange Act Rule 13d-5(a). As of the close of business on July 31, 2003, each Reporting Person's beneficial ownership of Common Stock was 1,123,961 shares. Of this amount, 14,250 shares of Common Stock are held by Abramson directly (including 775 shares owned by Abramson's spouse, Elissa Strom); 6,700 shares of Common Stock are held by Holdco directly; 501,711 shares of Common Stock are owned by advisory clients of SCPI and held in accounts managed by SCPI and 601,300 shares of Common Stock are owned by advisory clients of SAC and held in accounts managed by SAC. (b) The responses of the Reporting Persons to Items 7 through 13 on the cover pages and the responses of the directors and executive officers of the Reporting Persons set forth on Schedule 1 are incorporated herein by reference. All responses reflect the beneficial ownership as of the close of business on July 31, 2003. Abramson exercises sole voting and dispositive power over shares held directly by him and shared voting and dispositive power over shares held by Holdco. Holdco exercises shared voting and dispositive power over the shares held by it. SAC exercises sole voting and dispositive power over the shares held in discretionary investment accounts managed by it. SCPI exercises sole voting and dispositive power over the shares held in discretionary investment accounts managed by it. The Reporting Persons disclaim beneficial ownership in Common Stock owned by the directors and officers of the Reporting Persons listed on Schedule 1. Percentage ownership responses are based on the outstanding number of shares set forth in CryptoLogic Inc.'s annual report on Form 20-F for the year ended December 31, 2002. (c) Except for the transaction to which this Schedule 13D relates, no transactions with respect to the Common Stock have been effected in the past 60 days by the Reporting Persons or, to the best knowledge of the Reporting Persons, any executive officer or director of any Reporting Person. Set forth on Schedule 2 hereto is the following information with respect to each transaction: (1) the date of the transaction, (2) the identity of the Reporting Person that effected the transaction, (3) whether the transaction was a purchase or sale of Common Stock, (4) the amount of Common Stock involved, and (5) the average price per share of Common Stock (reported in Canadian dollars). In each case, the transaction was executed on the facilities of the Toronto Stock Exchange or the Nasdaq national market system. (d) Advisory clients of the Reporting Persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, a portion of the Common Stock beneficially owned by the Reporting Persons. No one such person's interest in the Common Stock represents more than five percent of the total outstanding Common Stock. (e) Not applicable Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Advisory clients of SCPI and/or SAC have entered into investment management agreements with the respective Reporting Person which grant the Reporting Person voting and dispositive power over all securities held by such advisory clients. Other than such investment management agreements, no contracts, arrangements, understandings or relationships with respect to securities of CryptoLogic, Inc. exist. Item 7. Material to be Filed as Exhibits Exhibit 1 Joint Filing Agreement, dated August 1, 2003, by and between Holdco, SAC, SCPI and Abramson. SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date August 1, 2003 1340649 Ontario Limited /s/ Randall Abramson --------------------------------- Randall Abramson Chief Executive Officer Strategic Advisors Corp. /s/ Randall Abramson --------------------------------- Randall Abramson Chief Executive Officer Strategic Capital Partners Inc. /s/ Randall Abramson --------------------------------- Randall Abramson Vice President /s/ Randall Abramson --------------------------------- Randall Abramson Schedule 1 INFORMATION FOR REPORTING PERSONS AND DIRECTORS AND EXECUTIVE OFFICERS OF REPORTING PERSONS The following tables set forth the name, business address and present principal occupation of each director and executive officer of each of the Reporting Persons. Each person listed has sole voting power or shared voting power with respect to and beneficially owns shares of the common stock of CryptoLogic Inc. as indicated in the table below. Except with respect to shares held by Mr. Adam Abramson and Mr. Braun, the shares described below are and not included in the beneficial ownership of CryptoLogic Inc. common stock reported by the Reporting Persons in this filing. Each officer or director listed below disclaims beneficial ownership of all shares held by the Reporting Persons. Each person listed below is a citizen of Canada and the principal occupation of such person is his or her affiliation with the Reporting Person indicated below.
Name: Relationship to Reporting Person: Beneficial Ownership: - ----- --------------------------------- --------------------- Adam Lyle Abramson SAC: Director, Vice-President and Analyst 1,400(1) SCPI: Director, Vice-President and Analyst Herbert Abramson SAC: Chairman of the Board of Directors; 45,355(2) Portfolio Manager SCPI: Director, Portfolio Manager, President and Chief Executive Officer Martin Gerald Braun SAC: Director, President and Portfolio 1,800 Manager Donald Hugh Carlisle SAC: Vice-President and Portfolio Manager 40,950(3) William Richard Hermon Holdco: Director and Vice-President 6,020 SCPI: Portfolio Manager and Branch Manager William John Moore SAC: Vice-President and Portfolio Manager --
(1) Includes 775 shares held by Mr. Abramson's spouse, Bonnie Goldberg. (2) Includes 17,825 shares held by Technifund Inc., a company controlled by Mr. Abramson. (3) Includes 600 shares held by Mr. Carlisle's spouse, Janice Carlisle; 12,500 shares held by the Donald Cook Carlisle Family Trust, of which Mr. Carlisle is a beneficiary and trustee; and 4,300 shares held by 1051937 Ontario Limited, a company controlled by Mr. Carlisle. The business address for Mr. Herbert Abramson is 1303 Yonge Street, Suite 101, Toronto, Ontario, Canada M4T 2Y9. The business address for Mr. Hermon is 17 York Street, Suite 202, Ottawa, Canada K1N 9J6. The business address for Mr. Adam Abramson, Mr. Braun, Mr. Carlisle and Mr. Moore is 1311 Yonge Street, Toronto, Ontario, Canada M4T 3B6. EX-1 3 d56441_ex1.txt JOINT FILING AGREEMENT Exhibit 1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Schedule 13D (including amendments thereto) with respect to the common stock of CryptoLogic Inc. and further agree that this Joint Filing Agreement be included as an exhibit to such joint filing. Date: August 1, 2003 1340649 Ontario Limited /s/ Randall Abramson --------------------------------- Randall Abramson Chief Executive Officer Strategic Advisors Corp. /s/ Randall Abramson --------------------------------- Randall Abramson Chief Executive Officer Strategic Capital Partners Inc. /s/ Randall Abramson --------------------------------- Randall Abramson Vice President /s/ Randall Abramson --------------------------------- Randall Abramson Schedule 2 CryptoLogic Inc. Transaction History for 1346049 Ontario Limited, Randall Abramson, and Strategic Advisors Corp. (SAC) and Strategic Capital Partners Inc. (SCPI) on behalf of their respective managed accounts
Average Number of Transaction Transaction Date Reporting Person Buy/Sell Shares Price (C$) ---------------- ---------------- -------- ------ ---------- July 31, 2003 SAC/SCPI Sell 600 9.7100 July 29, 2003 SAC/SCPI Sell 1,000 9.7900 July 23, 2003 SAC/SCPI Buy 2600 9.3000 July 22, 2003 SAC/SCPI Buy 7,600 9.1066 July 17, 2003 SAC/SCPI Sell 5,600 10.3392 July 16, 2003 SAC/SCPI Sell 20900 10.6909 July 8, 2003 SAC/SCPI Sell 700 10.5636 July 3, 2003 SAC/SCPI Sell 8250 10.3060 July 2, 2003 SAC/SCPI Sell 2,750 10.2847 June 30, 2003 SAC/SCPI Sell 500 10.1500 June 27, 2003 SAC/SCPI Buy 9,700 9.4603 June 27, 2003 SAC/SCPI Sell 1,500 9.2333 June 23, 2003 SAC/SCPI Sell 3,000 11.2500 June 20, 2003 SAC/SCPI Sell 1,800 11.3822 June 19, 2003 SAC/SCPI Sell 2,600 11.3708 June 18, 2003 SAC/SCPI Sell 4,000 11.1225 June 16, 2003 SAC/SCPI Sell 5,000 11.3820 June 12, 2003 SAC/SCPI Sell 1,500 11.0000 June 10, 2003 SAC/SCPI Sell 23,300 10.3245 June 5, 2003 SAC/SCPI Buy 48,136 10.6500 June 5, 2003 SAC/SCPI Sell 48,236 10.6500 June 4, 2003 SAC/SCPI Sell 2,000 10.0650 June 3, 2003 SAC/SCPI Sell 2,500 9.9080 May 30, 2003 SAC/SCPI Sell 9,500 9.9584 May 29, 2003 SAC/SCPI Sell 11,100 9.9788 May 23, 2003 SAC/SCPI Buy 1,000 9.2900 May 23, 2003 SAC/SCPI Sell 5,000 9.3380 May 22, 2003 SAC/SCPI Sell 2,000 9.1672 May 14, 2003 SAC/SCPI Buy 700 8.5370 May 8, 2003 SAC/SCPI Sell 7,850 8.9976 May 5, 2003 SAC/SCPI Sell 300 8.9700 May 2, 2003 SAC/SCPI Buy 2,500 9.1316 May 1, 2003 SAC/SCPI Buy 7,550 8.9705 April 29, 2003 SAC/SCPI Buy 2,000 7.9500 April 29, 2003 Randall Abramson Buy 200 8.0500 April 29, 2003 1346049 Ontario Buy 6,700 8.0500 April 24, 2003 SAC/SCPI Buy 5,500 7.6591 April 23, 2003 SAC/SCPI Buy 10,700 7.4422 April 23, 2003 SAC/SCPI Sell 4,400 7.6000 April 17, 2003 SAC/SCPI Buy 2,700 6.9944 April 16, 2003 SAC/SCPI Buy 2,200 6.8453 April 14, 2003 SAC/SCPI Buy 1,300 6.7400 April 11, 2003 SAC/SCPI Buy 2,800 6.6661 April 9, 2003 SAC/SCPI Buy 8,300 6.5978 April 7, 2003 SAC/SCPI Buy 5,000 6.7016 April 4, 2003 SAC/SCPI Buy 13,200 6.6373 April 3, 2003 SAC/SCPI Buy 9,625 6.7144 April 3, 2003 SAC/SCPI Sell 1,025 6.8000 April 2, 2003 SAC/SCPI Buy 14,150 6.3267 April 2, 2003 SAC/SCPI Sell 3,750 6.3500 March 28, 2003 SAC/SCPI Buy 1,600 6.0500 March 25, 2003 SAC/SCPI Buy 3,200 6.0200 March 25, 2003 SAC/SCPI Sell 3,200 6.0200
1 CryptoLogic Inc. Transaction History for 1346049 Ontario Limited, Randall Abramson, and Strategic Advisors Corp. (SAC) and Strategic Capital Partners Inc. (SCPI) on behalf of their respective managed accounts
Average Number of Transaction Transaction Date Reporting Person Buy/Sell Shares Price (C$) ---------------- ---------------- -------- ------ ---------- March 20, 2003 SAC/SCPI Buy 35,150 6.2300 March 20, 2003 1346049 Ontario Sell 35,150 6.2300 March 17, 2003 SAC/SCPI Buy 1,000 6.0870 March 13, 2003 SAC/SCPI Buy 2,100 5.9548 March 10, 2003 SAC/SCPI Sell 1,400 5.8900 March 5, 2003 SAC/SCPI Buy 13,100 6.0300 February 28, 2003 SAC/SCPI Buy 1,750 6.0071 February 27, 2003 SAC/SCPI Sell 250 6.0500 February 26, 2003 SAC/SCPI Buy 1,000 6.0550 February 24, 2003 SAC/SCPI Buy 4,950 6.1500 February 24, 2003 SAC/SCPI Sell 4,950 6.1500 February 19, 2003 SAC/SCPI Buy 800 6.1000 February 14, 2003 SAC/SCPI Buy 3,300 6.0285 February 13, 2003 SAC/SCPI Buy 12,500 6.2410 February 10, 2003 SAC/SCPI Buy 13,200 6.8784 February 6, 2003 SAC/SCPI Buy 5,900 6.8315 February 5, 2003 SAC/SCPI Buy 9,000 6.8095 February 3, 2003 SAC/SCPI Buy 6,400 6.8888 January 31, 2003 SAC/SCPI Buy 15,000 6.9934 January 30, 2003 SAC/SCPI Buy 42,100 6.8356 January 30, 2003 SAC/SCPI Sell 600 6.7300 January 29, 2003 SAC/SCPI Buy 23,792 6.6900 January 29, 2003 SAC/SCPI Sell 23,792 6.6900 January 23, 2003 1346049 Ontario Buy 3,300 7.1632 January 22, 2003 SAC/SCPI Buy 6,900 7.1840 January 22, 2003 1346049 Ontario Buy 1,700 7.1840 January 16, 2003 SAC/SCPI Buy 775 7.6403 January 16, 2003 1346049 Ontario Buy 2,325 7.6403 January 15, 2003 SAC/SCPI Buy 3,500 7.6986 January 15, 2003 1346049 Ontario Buy 7,000 7.6986 January 7, 2003 SAC/SCPI Sell 1,300 7.7500 January 3, 2003 SAC/SCPI Buy 600 7.7283 December 31, 2002 SAC/SCPI Buy 14,600 7.3416 December 27, 2002 SAC/SCPI Buy 9,350 7.4022 December 27, 2002 SAC/SCPI Sell 9,350 7.4022 December 24, 2002 SAC/SCPI Buy 75,278 7.6864 December 24, 2002 SAC/SCPI Sell 74,978 7.6869 December 23, 2002 SAC/SCPI Buy 1,100 7.6045 December 23, 2002 SAC/SCPI Sell 1,600 7.4850 December 20, 2002 SAC/SCPI Buy 1,700 7.5300 December 16, 2002 SAC/SCPI Sell 1,000 8.0000 December 10, 2002 SAC/SCPI Sell 2,000 8.1604 December 9, 2002 SAC/SCPI Buy 2,100 8.1000 December 9, 2002 SAC/SCPI Sell 2,900 8.1000 December 6, 2002 SAC/SCPI Buy 25,000 8.1000 December 6, 2002 SAC/SCPI Sell 28,000 8.0940 November 28, 2002 SAC/SCPI Sell 500 9.1000 November 26, 2002 SAC/SCPI Sell 68,000 7.9224 November 25, 2002 SAC/SCPI Sell 1,000 7.7500 November 21, 2002 SAC/SCPI Buy 1,200 7.0475 November 21, 2002 SAC/SCPI Sell 1,300 7.4000 November 19, 2002 SAC/SCPI Buy 1,300 6.6377 November 13, 2002 SAC/SCPI Buy 200 7.0700
2 CryptoLogic Inc. Transaction History for 1346049 Ontario Limited, Randall Abramson, and Strategic Advisors Corp. (SAC) and Strategic Capital Partners Inc. (SCPI) on behalf of their respective managed accounts
Average Number of Transaction Transaction Date Reporting Person Buy/Sell Shares Price (C$) ---------------- ---------------- -------- ------ ---------- November 12, 2002 SAC/SCPI Buy 1,800 7.1000 November 8, 2002 SAC/SCPI Buy 4,700 7.2980 October 30, 2002 SAC/SCPI Buy 2,000 6.5608 October 30, 2002 1346049 Ontario Buy 1,900 6.4832 October 29, 2002 SAC/SCPI Buy 6,150 6.5325 October 29, 2002 Randall Abramson Buy 3,000 6.1893 October 25, 2002 SAC/SCPI Buy 8,400 6.1781 October 25, 2002 Randall Abramson Buy 3,000 5.8475 October 24, 2002 SAC/SCPI Buy 100,800 5.6987 October 24, 2002 SAC/SCPI Sell 97,800 5.6900 October 23, 2002 SAC/SCPI Buy 11,800 5.6538 October 22, 2002 SAC/SCPI Buy 4,200 5.6776 October 21, 2002 SAC/SCPI Buy 3,500 5.5840 October 18, 2002 SAC/SCPI Buy 19,300 5.3457 October 18, 2002 SAC/SCPI Sell 25,900 5.5203 October 11, 2002 SAC/SCPI Buy 4,400 5.4682 October 11, 2002 SAC/SCPI Sell 4,000 5.5000 October 8, 2002 SAC/SCPI Buy 7,900 5.2242 October 7, 2002 SAC/SCPI Buy 8,400 5.1024 October 3, 2002 SAC/SCPI Buy 19,700 5.6609 September 30, 2002 SAC/SCPI Buy 12,800 5.4378 September 27, 2002 SAC/SCPI Buy 3,900 5.4677 September 26, 2002 SAC/SCPI Buy 20,740 5.5327 September 24, 2002 SAC/SCPI Buy 8,600 5.8500 September 24, 2002 SAC/SCPI Sell 8,600 5.8500 September 18, 2002 SAC/SCPI Buy 5,800 5.7595 September 18, 2002 SAC/SCPI Sell 3,200 5.7600 September 12, 2002 SAC/SCPI Buy 3,200 5.7900 September 9, 2002 SAC/SCPI Buy 3,000 6.3000 September 9, 2002 SAC/SCPI Sell 4,000 6.3000 September 6, 2002 1346049 Ontario Buy 3,900 6.8079 September 5, 2002 SAC/SCPI Buy 1,300 7.2591 September 4, 2002 SAC/SCPI Buy 2,000 7.2591 August 30, 2002 SAC/SCPI Buy 8,600 7.4501 August 29, 2002 SAC/SCPI Buy 500 7.5400 August 28, 2002 SAC/SCPI Buy 7,000 7.5645 August 27, 2002 SAC/SCPI Buy 200 7.5500 August 26, 2002 SAC/SCPI Buy 200 7.7000 August 23, 2002 SAC/SCPI Buy 800 7.7200 August 22, 2002 SAC/SCPI Buy 8,600 7.7100 August 22, 2002 SAC/SCPI Sell 8,600 7.7100 August 21, 2002 SAC/SCPI Buy 2,800 7.9671 August 19, 2002 SAC/SCPI Buy 23,000 8.1792 August 14, 2002 SAC/SCPI Buy 300 7.8317 August 13, 2002 SAC/SCPI Buy 2,700 8.1119 August 12, 2002 SAC/SCPI Buy 8,700 8.2648 August 9, 2002 SAC/SCPI Buy 5,489 8.0974 August 8, 2002 SAC/SCPI Buy 2,650 8.2895 August 8, 2002 Randall Abramson Buy 1,900 8.2895 August 8, 2002 Randall Abramson Buy 400 8.2895 August 8, 2002 1346049 Ontario Buy 1,500 8.2895 August 7, 2002 SAC/SCPI Buy 55,500 8.5943 August 6, 2002 SAC/SCPI Buy 11,800 8.6283
3 CryptoLogic Inc. Transaction History for 1346049 Ontario Limited, Randall Abramson, and Strategic Advisors Corp. (SAC) and Strategic Capital Partners Inc. (SCPI) on behalf of their respective managed accounts
Average Number of Transaction Transaction Date Reporting Person Buy/Sell Shares Price (C$) ---------------- ---------------- -------- ------ ---------- August 6, 2002 SAC/SCPI Sell 1,300 8.6500 July 31, 2002 SAC/SCPI Buy 3,900 9.3308 July 30, 2002 SAC/SCPI Buy 30,200 9.1609 July 29, 2002 SAC/SCPI Buy 2,900 9.2090 July 26, 2002 SAC/SCPI Buy 3,800 8.9305 July 26, 2002 Randall Abramson Buy 4,100 9.0000 July 26, 2002 1346049 Ontario Buy 1,500 9.0000 July 25, 2002 SAC/SCPI Buy 3,400 8.9824 July 24, 2002 SAC/SCPI Buy 24,600 8.9213 July 24, 2002 1346049 Ontario Buy 500 8.9213 July 23, 2002 SAC/SCPI Buy 3,100 9.0177 July 22, 2002 SAC/SCPI Buy 2,800 8.5750 July 19, 2002 SAC/SCPI Buy 17,800 8.5769 July 18, 2002 SAC/SCPI Buy 18,150 9.2537 July 17, 2002 SAC/SCPI Buy 10,950 9.8138 July 15, 2002 SAC/SCPI Buy 4,600 10.9098 July 12, 2002 SAC/SCPI Buy 3,500 11.6031 July 11, 2002 SAC/SCPI Buy 13,994 12.1279 July 11, 2002 1346049 Ontario Buy 11,525 11.2700 July 8, 2002 SAC/SCPI Buy 16,950 13.2320 July 5, 2002 SAC/SCPI Buy 15,000 12.7414 July 4, 2002 SAC/SCPI Buy 37,357 12.7457 June 28, 2002 SAC/SCPI Buy 11,941 11.7054 June 27, 2002 SAC/SCPI Buy 400 12.0773 June 26, 2002 SAC/SCPI Buy 13,200 11.4465 June 25, 2002 SAC/SCPI Buy 42,600 11.4886 June 24, 2002 SAC/SCPI Buy 96,942 11.3166 June 17, 2002 SAC/SCPI Buy 3,900 13.0833 June 14, 2002 SAC/SCPI Buy 400 12.6500 June 13, 2002 SAC/SCPI Buy 54,650 13.8338 June 12, 2002 SAC/SCPI Buy 47,800 14.0475 June 4, 2002 SAC/SCPI Buy 19,500 16.6800 May 31, 2002 SAC/SCPI Buy 33,650 16.9055 May 30, 2002 SAC/SCPI Buy 53,250 17.9231 May 21, 2002 SAC/SCPI Sell 200 19.4000 April 30, 2002 1346049 Ontario Sell 2,400 20.2000
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