Actually, the insiders have already sold 1,250,000 shares.
From the prospectus filed May 12, 1999:
sec.gov
SHARES BENEFICIALLY SHARES SHARES BENEFICIALLY
OWNED BEFORE OFFERING BEING OWNED AFTER OFFERING
---------------------- OFFERED ----------------------
NAME AND ADDRESS NUMBER PERCENT FOR SALE NUMBER PERCENT
---------------- --------- ------- --------- --------- -------
Elijahu Shapira(1)
c/o WebTrends Corporation
851 SW Sixth Avenue, Suite 1200
Portland, Oregon 97204........... 3,387,500 30.1% 297,500 2,792,500 22.3%
Anne Lim Shapira
as trustee of The Shapira Group
Trust, U/A/D 9/29/98.
c/o WebTrends Corporation
851 SW Sixth Avenue, Suite
1200
Portland, Oregon 97204........ 500,000 4.4 297,500 202,500 1.6
W. Glen Boyd(2)
c/o WebTrends Corporation
851 SW Sixth Avenue, Suite 1200
Portland, Oregon 97204........... 3,387,500 30.1 297,500 2,792,500 22.3
Alice Ferguson Boyd
as trustee of The Boyd Group
Trust, U/A/D 9/29/98
c/o WebTrends Corporation
851 SW Sixth Avenue, Suite
1200
Portland, Oregon 97204........ 500,000 4.4 297,500 202,500 1.6
Michael Burmeister-Brown(3)
c/o Second Nature Software
1325 Officers' Row
Vancouver, Washington 98661...... 415,527 3.7 60,000 355,527 2.8
John W. Ryan(4)
c/o J Ryan & Associates
2903 Mill Reef Cove
Austin, Texas 78746.............. 21,526 * -- 21,526 *
Srivats Sampath(4)(5)
c/o Network Associates, Inc.
3965 Freedom Circle
Santa Clara, CA 95054............ 21,526 * -- 21,526 *
All directors and executive
officers as a
group (eight persons)(4)......... 7,282,570 64.4 1,250,000 6,032,570 48.0 |
