Filing Details

Accession Number:
0001209191-11-046611
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-09-02 20:59:46
Reporting Period:
2011-09-01
Filing Date:
2011-09-02
Accepted Time:
2011-09-02 19:59:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1353209 Loopnet Inc. LOOP Real Estate Agents & Managers (For Others) (6531) 770463987
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1500072 J. Michael Handelsman C/O Loopnet, Inc.
2100 E. Route, Suite 200
Glendora CA 91740
Svp & Group General Manager No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-09-01 16,124 $7.26 70,436 No 4 M Direct
Common Stock Disposition 2011-09-01 16,124 $17.60 54,312 No 4 S Direct
Common Stock Disposition 2011-09-01 2,293 $17.61 52,019 No 4 F Direct
Common Stock Disposition 2011-09-02 5,144 $17.47 46,875 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2011-09-01 16,124 $0.00 16,124 $7.26
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,876 2009-02-13 2016-02-12 No 4 M Direct
Footnotes
  1. On September 1, 2010, the Reporting Person acquired 25,000 restricted stock units of the Issuer. On September 1, 2011, 1/4th of the total restricted stock or 6,250 restricted stock units vested and 2,293 restricted stock units were withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of the 6,250 restricted stock units. The amount of restricted stock units withheld is based on the closing price of September 1, 2011.
  2. This Option vests 1/48th per month beginning on the Date Exercisable, so long as the reporting person remains an employee of the Issuer.