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): December 17, 2001
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WEBB INTERACTIVE SERVICES, INC.
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(Exact name of registrant as specified in its charter)
Colorado
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(State or other jurisdiction of incorporation)
0-28462 84-1293864
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(Commission File Number) (IRS Employer Identification No.)
1899 Wynkoop, Suite 600, Denver, CO 80202
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 296-9200
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N/A
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(Former name or former address, if changed since last report)
Item 5. OTHER EVENTS.
On December 17, 2001, Webb Interactive Services, Inc. ("Webb") exchanged
350,205 shares of its common stock with Castle Creek Technology Partners, LLC
("CC") for 200.205 shares of Webb's Series B-2 Preferred Stock. As additional
consideration for such exchange, CC converted its remaining 250 shares of the
Series B-2 Preferred Stock into 100,000 shares of Webb's common stock in
accordance with the terms of such Preferred Stock and agreed to defer payment of
approximately $110,000 of interest and penalty payments due to January 31, 2002.
As a result of the exchange and conversion, all of Webb's Series B-2 Preferred
Stock has either been converted or redeemed and retired.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements.
None.
(c) Exhibits:
10.1 Letter Agreement dated December 14, 2001 between Webb and Castle
Creek Technology Partners, LLC--filed herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: December 20, 2001 WEBB INTERACTIVE SERVICES, INC.
By /s/ Lindley S. Branson
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Lindley S. Branson
Its: Vice-President/General Counsel
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