This one is not a slam dunk like HLTH. Most of the shares are held by either Elijahu Shapira, the Chairman and CEO, or by W. Glen Boyd, the President and CTO. While they may do some selling, I suspect that it will not be enough to tank the stock. FWIW, I don't have a position, long or short, in this stock.
SHARES BENEFICIALLY SHARES OWNED BEFORE OFFERING BEING OWNED AFTER OFFERING --------------------- OFFERED --------------------- NAME AND ADDRESS NUMBER PERCENT FOR SALE NUMBER PERCENT ---------------- --------- ------- -------- --------- ------- Elijahu Shapira......................... 3,900,000(1) 47.5% 250,000 3,650,000(1) 32.5% c/o WebTrends Corporation 851 SW Sixth Avenue, Suite 1200 Portland, Oregon 97204 Anne Lim Shapira as trustee of The Shapira Group Trust, 500,000 500,000 U/A/D 9/29/98......................... 6.1 -- 4.5 c/o WebTrends Corporation 851 SW Sixth Avenue, Suite 1200 Portland, Oregon 97204 W. Glen Boyd............................ 3,900,000(2) 47.5 250,000 3,650,000(2) 32.5 c/o WebTrends Corporation 851 SW Sixth Avenue, Suite 1200 Portland, Oregon 97204 Alice Ferguson Boyd as trustee of The Boyd Group Trust, 500,000 500,000 U/A/D 9/29/98......................... 6.1 -- 4.5 c/o WebTrends Corporation 851 SW Sixth Avenue, Suite 1200 Portland, Oregon 97204 Michael Burmeister-Brown................ 410,527 5.0 -- 410,527 3.7 c/o Second Nature Software 1325 Officers' Row Vancouver, Washington 98661 John W. Ryan............................ 20,526(3) * -- 20,526(3) * c/o J Ryan & Associates 2903 Mill Reef Cove Austin, Texas 78746 Srivats Sampath......................... 20,526(3) * -- 20,526(3) * c/o Network Associates, Inc 3965 Freedom Circle Santa Clara, CA 95054 All directors and executive officers as 8,278,945(3) 7,778,945(3) a group (eight persons)............... 99.9 500,000 68.9 |