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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
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*
ARMEN GARO H

(Last) (First) (Middle)
C/O COLOR KINETICS INCORPORATED
10 MILK STREET, SUITE 1100

(Street)
BOSTON MA 02108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COLOR KINETICS INC [ CLRK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/24/2007
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 08/24/2007 D 613 D $34(1) 0 D
Common Stock 08/24/2007 D 313,810 D $34(1) 0 I By Armen Partners, L.P.
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
Stock Option (right to buy) $3.5 08/24/2007 D 50,000 (2) 10/24/2012 Common Stock 50,000 $34(3) 0 D
Class A Warrant (right to buy) $2.38 08/24/2007 D 1,864 (4) 11/04/2008 Common Stock 1,864 $34(5) 0 D
Class B Warrant (right to buy) $2.98 08/24/2007 D 69,681 (6) 11/04/2008 Common Stock 69,681 $34(5) 0 D
Stock Option (right to buy) $11.61 08/24/2007 D 7,500 (7) 07/19/2015 Common Stock 7,500 $34(3) 0 D
Stock Option (right to buy) $15.12 08/24/2007 D 7,500 (8) 05/24/2016 Common Stock 7,500 $34(3) 0 D
Common Stock Unit (Deferred Compensation) (9) 08/24/2007 D 284.371 (10) (10) Common Stock 284.371 $34(11) 0 D
Common Stock Unit (Deferred Compensation) (9) 08/24/2007 D 353.495 (10) (10) Common Stock 353.495 $34(11) 0 D
Stock Option (right to buy) $27.67 08/24/2007 D 7,500 (8) 05/23/2017 Common Stock 7,500 $34(3) 0 D
Explanation of Responses:
1. Disposed of pursuant to merger between issuer and Royal Philips, N.A. for an all cash consideration of $34.00 per share.
2. The option became vested as to 25% of the total number of option shares exercisable on 10/24/2003, and is exercisable for an additional 6.25% of the total number of option shares at the end of every three month period thereafter until fully vested.
3. All outstanding options of Color Kinetics Incorporated, if not already vested, were accelerated and paid out at the difference between $34.00 per share and the respective strike price pursuant to the merger with Royal Philips, N.A.
4. The warrant vested as to 50% of the exercisable shares on 11/4/1998, and became exercisable for an additional 2.083% of the total number of exercisable shares each month thereafter until fully vested on November 4, 2000.
5. All outstanding warrants of Color Kinetics Incorporated were paid out at the difference between $34.00 per share and the respective exercise price pursuant to the merger with Royal Philips, N.A.
6. The warrant vested as to 50% of the exercisable shares on 11/4/1998, and became exercisable for an additional 2.083% of the total number of exercisable shares each month thereafter until fully vested on November 4, 2000.
7. Option to vest over three years from May 25, 2005 at the rate of 8.33% per quarter until fully vested.
8. Option to vest over three years at the rate of 8.33% per quarter until fully vested.
9. One for one.
10. Not Applicable
11. All outstanding Common Stock Units (Deferred Compensation) of Color Kinetics Incorporated were converted to $34.00 per share pursuant to the merger with Royal Philips, N.A. and will be held in the deferred compensation account according to its terms.
Remarks:
/s/ Frank Hillery Attorney-in-fact 08/27/2007
** 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.