To: Kenneth M. Koff, CPCU who wrote (3867 ) 7/14/1999 12:57:00 AM From: DaYooper Respond to of 5843
sec.gov See Page 59 <TABLE> <CAPTION> Ownership Prior to Ownership After Offering Offering --------------------- --------------------- Number of Shares Being Number of Beneficial Owner Shares Percentage Offered Shares Percentage ---------------- ---------- ---------- ------------ ---------- ---------- <S> <C> <C> <C> <C> <C> Robert Glaser(1)........ 28,071,042 41.3% 180,000 27,866,042 39.0% Mitchell Kapor(2)....... 3,325,070 4.9 130,000 3,125,070 4.4% Phillip Barrett(3)...... 1,966,268 2.9 50,000 1,916,268 2.7% Glaser Family Foundation............. 1,280,320 1.9 25,000 1,255,320 1.8% Bruce Jacobsen(4)....... 1,157,312 1.7 20,000 1,137,312 1.6% Mitchell Kapor Foundation(5).......... 70,000 * 70,000 -- -- </TABLE> - -------- * Less than 1% of the outstanding shares of common stock. (1) Includes 1,280,320 and 1,255,320 shares of common stock beneficially owned by the Glaser Family Foundation prior to this offering and after this offering, respectively. Mr. Glaser disclaims beneficial ownership of these shares. (2) Includes 3,014 shares of common stock owned by Kubera L.L.C., a limited liability company of which Mr. Kapor is the sole member. Also includes 70,000 and no shares of common stock beneficially owned by the Mitchell Kapor Foundation prior to this offering and after this offering, respectively. Mr. Kapor transferred these 70,000 shares to the Mitchell Kapor Foundation prior to the date of this prospectus. Mr. Kapor disclaims beneficial ownership of all these shares. (3) Includes 560,000 shares subject to options currently exercisable or exercisable within 60 days of May 1, 1999. (4) Includes 992,912 shares subject to options currently exercisable or exercisable within 60 days of May 1, 1999. (5) Consists of 70,000 shares of common stock that Mr. Kapor transferred to the Mitchell Kapor Foundation prior to the date of this prospectus.