| INSP's newly issued options pursuant to the employee stock option tender offer exchange program last winter will price on 8/20/2002. From an INSP SC TO-1/A filed on 2/21/02: "The Offer expired at 9:00 p.m. Pacific Time on Friday, February 15, 2002. Pursuant to the Offer, we have accepted for exchange and cancellation options to purchase an aggregate of 12,734,035 shares of common stock of InfoSpace, Inc., representing approximately 88.8% of the shares subject to options that were eligible for exchange in the Offer. Subject to the terms and conditions described in the Offer to Exchange filed as Exhibit (a)(1) to the Schedule TO, we will grant new options to purchase up to an aggregate of approximately 3,116,070 shares of common stock of InfoSpace, Inc. on August 20, 2002 in exchange for the options surrendered in the Offer." |
