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*
PAREKH DEVEN

(Last) (First) (Middle)
C/O INSIGHT VENTURE PARTNERS
680 FIFTH AVENUE, 8TH FLOOR

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WEBSITE PROS INC [ WSPI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2005
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 11/07/2005 C 495,619 A (1) 495,619 I See Footnotes(2)(6)
Common Stock 11/07/2005 S 142,689 D $9.3 352,930 I See Footnotes(2)(6)
Common Stock 11/07/2005 C 456,868 A (1) 456,868 I See Footnotes(3)(6)
Common Stock 11/07/2005 S 131,533 D $9.3 325,335 I See Footnotes(3)(6)
Common Stock 11/07/2005 C 29,457 A (1) 29,457 I See Footnotes(4)(6)
Common Stock 11/07/2005 S 8,481 D $9.3 20,976 I See Footnotes(4)(6)
Common Stock 11/07/2005 C 3,707,182 A (1) 3,707,182 I See Footnotes(5)(6)
Common Stock 11/07/2005 S 1,067,297 D $9.3 2,639,885 I See Footnotes(5)(6)
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
Series A Convertible Redeemable Preferred Stock (1) 11/07/2005 C 495,619 (1) (1) Common Stock 495,619 (1) 0 I See Footnotes(2)(6)
Series A Convertible Redeemable Preferred Stock (1) 11/07/2005 C 456,868 (1) (1) Common Stock 456,868 (1) 0 I See Footnotes(3)(6)
Series A Convertible Redeemable Preferred Stock (1) 11/07/2005 C 29,457 (1) (1) Common Stock 29,457 (1) 0 I See Footnotes(4)(6)
Series A Convertible Redeemable Preferred Stock (1) 11/07/2005 C 3,707,182 (1) (1) Common Stock 3,707,182 (1) 0 I See Footnotes(5)(6)
Stock Options (right to buy) $10 11/07/2005 A 40,000 (7) 11/06/2015 Common Stock 40,000 (8) 40,000 D
Explanation of Responses:
1. The Issuer's Series A Convertible Redeemable Preferred Stock automatically converted into Common Stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering.
2. Shares are owned by Insight Venture Partners (Cayman) IV, L.P.
3. Shares are owned by Insight Venture Partners IV (Co-Investors), L.P.
4. Shares are owned by Insight Venture Partners IV (Fund B), L.P.
5. Shares are owned by Insight Venture Partners IV, L.P.
6. Insight Venture Associates IV, LLC is the general partner of each of Insight Venture Partners IV, L.P., Insight Venture Partners IV (Fund B), L.P., Insight Venture Partners IV (Co-Investors), L.P., and Insight Venture Partners (Cayman) IV, L.P. Deven Parekh is a member of the Board of Managers of Insight Holdings Group, LLC, which is the managing member of Insight Venture Associates IV, LLC.
7. 1/36th of the shares subject to the option vest monthly over 36 months commencing on the first day that the Issuer's Common Stock is publicly traded.
8. Stock option to purchase 40,000 shares of Issuer's Common Stock automatically granted under the 2005 Non-Employee Directors' Stock Option Plan upon the closing of Issuer's initial public offering.
/s/ Rose L. Standifer - Attorney-In-Fact for Deven Parekh 11/07/2005
** 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).
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