Item 8.01. Other Events. | ||||||||
| SIGNATURES | ||||||||
Table of Contents
This Current Report on Form 8-K is filed by WebSideStory, Inc., a Delaware corporation
(the Company), in connection with the matters described herein.
Item 8.01. Other Events.
On November 17, 2006, Jeffrey W. Lunsford, a current member of the Companys board of
directors and the outgoing CEO and President of the Company, advised the Company that he entered
into a trading plan intended to qualify for the safe harbor under Rule 10b5-1 under the Securities
Exchange Act of 1934, as amended. Under the trading plan, Mr. Lunsford authorized the sale of up
to an aggregate of 250,000 shares of the Companys common stock, which represents approximately 36%
of the 686,732 shares of the Companys common stock currently owned by Mr. Lunsford. Mr. Lunsford
has advised the Company that he entered into the trading plan to help alleviate certain liabilities
for taxes triggered primarily as a result of the vesting of a warrant previously issued to Mr.
Lunsford by the Company.
The trading plan provides for sales of the Companys common stock in amounts that vary
depending on the available price per share. Under the trading plan, no sales will occur until
February 14, 2007 and the trading plan will continue until the earlier of December 31, 2008 or the
sale of all 250,000 shares of the Companys common stock.
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