4 1 y66005ae4.htm STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
 

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
or Section 30(h) of the Investment Company Act of 1940

o 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*
2. Issuer Name and Ticker or Trading
Symbol
3. I.R.S. Identification Number of Reporting
Person, if an entity
(Voluntary)
  Insight Capital Partners III, L.P.
(Last) (First) (Middle)
  Click Commerce, Inc. (CKCM)
 
     
  680 Fifth Avenue, 9th Floor

(Street)
4. Statement for Month/Day/Year 5. If Amendment, Date of Original (Month/Day/Year)
    November 22, 2002
 
     
    6. Relationship of Reporting Person(s)
to Issuer
(Check All Applicable)
7. Individual or Joint/Group Filing
(Check Applicable Line)
  New York, NY 10019
(City)        (State)        (Zip)
  x  Director x  10% Owner   o Form Filed by One Reporting Person
    o  Officer (give title below)   x Form Filed by More than One Reporting Person
    o  Other (specify below)  
     
     

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).


 

                                               

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 Sec-
urities Beneficially
Owned Following
Reported Trans-
action(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   11/22/02     P     12,439   A   $1.78     1,000,057(1)     D  

  Common Stock   11/22/02     P     2,180   A   $1.78     175,296(2)     D  

  Common Stock   11/22/02     P     3,081   A   $1.78     247,731(3)     D  

  Common Stock   11/22/02     P     17,700   A   $1.78     1,423,084     I   (4)

  Common Stock   11/22/02     P     17,700   A   $1.78     1,423,084     I   (5)

  Common Stock   11/22/02     P     17,700   A   $1.78     1,423,084     I   (6)

  Common Stock   11/22/02     P     17,700   A   $1.78     1,423,084     I   (7)

  Common Stock   11/22/02     P     17,700   A   $1.78     1,423,084     I   (8)

                         

                         

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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)

                      Code V   (A) (D)

  Stock Option (Right to Buy)     $3.90     5/09/02      

  Stock Option (Right to Buy)     $73.90     5/16/01      

  Stock Option (Right to Buy)     $50.00     6/27/00      

  Stock Option (Right to Buy)     $3.90     5/09/02      

  Stock Option (Right to Buy)     $73.90     5/16/01      

  Stock Option (Right to Buy)     $50.00     6/27/00      

  Stock Option (Right to Buy)     $3.90     5/09/02      

  Stock Option (Right to Buy)     $73.90     5/16/01      

  Stock Option (Right to Buy)     $50.00     6/27/00      

  Stock Option (Right to Buy)     $3.90     5/09/02      

  Stock Option (Right to Buy)     $73.90     5/16/01      

  Stock Option(Right to Buy)     $50.00     6/27/00      

  Stock Option (Right to Buy)     $3.90     5/09/02      

  Stock Option (Right to Buy)     $73.90     5/16/01      

  Stock Option (Right to Buy)     $50.00     6/27/00      

  Stock Option (Right to Buy)     $3.90     5/09/02      

  Stock Option (Right to Buy)     $73.90     5/16/01      

  Stock Option (Right to Buy)     $50.00     6/27/00      

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)

6. Date Exercisable and
Expiration Date

(Month/Day/Year)
7. Title and Amount
of Underlying Securities

(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 of
Derivative Security:
Direct (D) or
Indirect (I)

(Instr. 4)
11. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

  Date
Exercisable
Expiration
Date
  Title Amount or
Number of
Shares
                       

  11/09/02 05/09/12   Common Stock 2,000           2,000     D   (9)

  11/16/01 05/16/11   Common Stock 2,000           2,000     D   (9)

  12/27/00 06/27/10   Common Stock 2,000           2,000     D   (9)

  11/09/02 05/09/12   Common Stock 2,000           2,000     I   (4)

  11/16/01 05/16/11   Common Stock 2,000           2,000     I   (4)

  12/27/00 06/27/10   Common Stock 2,000           2,000     I   (4)

  11/09/02 05/09/12   Common Stock 2,000           2,000     I   (5)

  11/16/01 05/16/11   Common Stock 2,000           2,000     I   (5)

  12/27/00 06/27/10   Common Stock 2,000           2,000     I   (5)

  11/09/02 05/09/12   Common Stock 2,000           2,000     I   (6)

  11/16/01 05/16/11   Common Stock 2,000           2,000     I   (6)

  12/27/00 06/27/10   Common Stock 2,000           2,000     I   (6)

  11/09/02 05/09/12   Common Stock 2,000           2,000     I   (7)

  11/16/01 05/16/11   Common Stock 2,000           2,000     I   (7)

  12/27/00 06/27/10   Common Stock 2,000           2,000     I   (7)

  11/09/02 05/09/12   Common Stock 2,000           2,000     I   (8)

  11/16/01 05/16/11   Common Stock 2,000           2,000     I   (8)

  12/27/00 06/27/10   Common Stock 2,000           2,000     I   (8)

Explanation of Responses:

1. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners III, L.P., all of which may be deemed attributable to Insight Venture Associates III, LLC because Insight Venture Associates III, LLC is the sole general partner of Insight Capital Partners III, L.P.

2. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners III Co-Investors, L.P., all of which may be deemed attributable to Insight Venture Associates III, LLC because Insight Venture Associates III, LLC is the sole general partner of Insight Capital Partners III Co-Investors, L.P.

3. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners (Cayman) III, L.P., all of which may be deemed attributable to Insight Venture Associates III, LLC because Insight Venture Associates III, LLC is the sole general partner of Insight Capital Partners (Cayman) III, L.P.

4. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners III, L.P., Insight Capital Partners III (Cayman), LP and Insight Capital Partners III Co-Investors, L.P., all of which may be deemed attributable to Insight Venture Associates III, LLC because Insight Venture Associates III, LLC is the sole general partner of each of Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P.

5. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P., a portion of which is attributable to Deven Parekh because Deven Parekh is a managing member of Insight Venture Associates III, LLC, the sole general partner of Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P. Deven Parekh disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, which may not be readily determinable.

6. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P., a portion of which is attributable to Peter Sobiloff because Peter Sobiloff is a managing member of Insight Venture Associates III, LLC, the sole general partner of Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P. Peter Sobiloff disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, which may not be readily determinable. the amount reported does not include 9,523 shares owned by Peter Sobiloff on an individual basis and not beneficially owned by Insight Venture Associates III, LLC.

7. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer' owned by Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P., a portion of which is attributable to Jeffrey Horing because Jeffrey Horing is a managing member of Insight Venture Associates III, LLC, the sole general partner of Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P. Jeffrey Horing disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein, which may not be readily determinable. The amount reported does not include 9,523 shares owned by Jeffrey Horing on an individual basis and not beneficially owned by Insight Venture Associates III, LLC.

8. The amount listed reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P., a portion of which is attributable to Jerry Murdock because Jerry Murdock is a managing member of Insight Venture Associates III, LLC, the sole general partner of Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P. Jerry Murdock also acts as a director of the Issuer. Jerry Murdock disclaims beneficial ownership of such securities, except to the extent of his pecuniary therein, which may not be readily determinable.

9. The amount listed in Table II reflects the beneficial ownership, following the reported transactions, of the Issuer’s Securities owned by Insight Capital Partners III, L.P., Insight Capital Partners (Cayman) III, L.P. and Insight Capital Partners III Co-Investors, L.P. The options were originally granted to Jerry Murdock, who subsequently assigned all of his rights under the options to purchase shares of common stock to Insight Capital Partners III L.P., Insight Capital Partners (Cayman) III, L.P., and Insight Capital Partners III (Co-Investors), L.P.

/s/ Jeffrey Horing

Name: Jeffrey Horing
Title: Managing Member,
Insight Venture Associates III, LLC
**Signature of Reporting Person
  11/26/02
Date


**   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.

JOINT FILER INFORMATION

     
Name:   InSight Capital Partners III, L.P.
(f/k/a InSight Capital Partners, IV, L.P.)
Address:   680 Fifth Avenue
New York, NY 10022
Designated Filer:   Insight Venture Associates III, LLC
Issuer & Ticker Symbol:   Click Commerce, Inc. (CKCM)
Date of Event:   November 22, 2002
Signature:   /s/ Jeffrey Horing

   
Name:   InSight Capital Partners (Cayman) III, L.P.
(f/k/a InSight Capital Partners (Cayman) III, L.P.)
Address:   680 Fifth Avenue
New York, NY 10022
Designated Filer:   Insight Venture Associates III, LLC
Issuer & Ticker Symbol:   Click Commerce, Inc. (CKCM)
Date of Event:   November 22, 2002
Signature:   /s/ Jeffrey Horing

   
Name:   InSight Capital Partners III (Co-Investors), L.P.
(f/k/a InSight Capital Partners III (Co-Investors), L.P.
Address:   680 Fifth Avenue
New York, NY 10022
Designated Filer:   Insight Venture Associates III, LLC
Issuer & Ticker Symbol:   Click Commerce, Inc. (CKCM)
Date of Event:   November 22, 2002
Signature:   /s/ Jeffrey Horing

   
Name:   Deven Parekh
Address:   c/o InSight Capital Partners III, LP
680 Fifth Avenue
New York, NY 10022
Designated Filer:   Insight Venture Associates III, LLC
Issuer & Ticker Symbol:   Click Commerce, Inc. (CKCM)
Date of Event:   November 22, 2002
Signature:   /s/ Deven Parekh
     
Name:   Peter Sobiloff
Address:   c/o InSight Capital Partners III, LP
680 Fifth Avenue
New York, NY 10022
Designated Filer:   Insight Venture Associates III, LLC
Issuer & Ticker Symbol:   Click Commerce, Inc. (CKCM)
Date of Event:   November 22, 2002
Signature:   /s/ Peter Sobiloff

   
Name:   Jeffrey Horing
Address:   c/o InSight Capital Partners III, LP
680 Fifth Avenue
New York, NY 10022
Designated Filer:   Insight Venture Associates III, LLC
Issuer & Ticker Symbol:   Click Commerce, Inc. (CKCM)
Date of Event:   November 22, 2002
Signature:   /s/ Jeffrey Horing

   
Name:   Jerry Murdock
Address:   c/o InSight Capital Partners III, LP
680 Fifth Avenue
New York, NY 10022
Designated Filer:   Insight Venture Associates III, LLC
Issuer & Ticker Symbol:   Click Commerce, Inc. (CKCM)
Date of Event:   November 22, 2002
Signature:   /s/ Jerry Murdock

 

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