UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT,
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of Earliest Event Reported):
March 14, 2002 (March 14, 2002)
clickNsettle.com, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21419 25-2753988
---------------------------- ------------------------ ----------------
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
1010 Northern Boulevard
Great Neck, New York 11021
---------------------------------------- ----------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (516) 829-4343
Index to Current Report on Form 8-K
of clickNsettle.com, Inc.
March 14, 2002
Item Page
---- ----
Item 5. Other Events 3
Signatures 4
-2-
Item 5. Other Events.
On March 14, 2002, clickNsettle.com (the "Company") announced the
extension of its March 1998 Purchase Plan (the "Plan"), pursuant to which the
number of shares of Common Stock of the Company eligible for purchase under the
Plan remained at an aggregate of 266,667 shares (the "Shares"). To date, the
Company has purchased 42,083 shares of its Common Stock for an aggregate
purchase price of $83,918. The Plan is subject to and in compliance with the
provisions and limitations of Rule 10b-18 promulgated under Section 10(b) of the
Securities Exchange Act of 1934, as amended. Purchases may be made from time to
time in open market transactions at prevailing market prices until the earlier
of all of the Shares being purchased or March 14, 2003, which is the expiration
date of the Plan. Purchases may commence at any time and may be discontinued at
any time during the term of the Plan without purchasing all of the Shares and
without notice. The Company will not solicit the purchase of any of its Common
Stock or otherwise tender for the purchase of any of its Common Stock. The
source of funds for the purchase of the Shares will be from the Company's
general corporate funds, and any Shares purchased will be held in treasury.
-3-
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report on Form 8-K to be signed on its
behalf by the undersigned, hereunto duly authorized.
clickNsettle.com, Inc.
By: /s/ Roy Israel
--------------------------------------------
Name: Roy Israel
Title: Chief Executive Officer and President
By: /s/ Patricia Giuliani-Rheaume
--------------------------------------------
Name: Patricia Giuliani-Rheaume
Title: Chief Financial Officer and
Vice President
Date: March 14, 2002
-4-