schedule13d.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13D/A


Under the Securities Exchange Act of 1934
(Amendment No. 6)

InsWeb Corporation
(Name of Issuer)

Common Stock
(Title of Class of Securities)

45809K103
(CUSIP Number)

February 19, 2009
(Date of Event Which Requires Filing of this Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box:   Õ

 




 
 
 

1
Names Of Reporting Persons.  I.R.S. Identification No. Of Above Person (Entities Only)
 
Hussein A. Enan
 
 
2
Check The Appropriate Box If A Member Of A Group
(a) Ô
(b) Ô
3
SEC Use Only
 
 
4
Source of Funds
 
PF
5
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
6
Citizenship or Place of Organization
 
Canada
 
 
Number of
7
Sole Voting Power
1,664,693
Shares
Beneficially
Owned By
8
Shared Voting Power
41,250
By Each
Reporting
Person
9
Sole Dispositive Power
1,664,693
With
10
Shared Dispositive Power
41,250
 
11
Aggregate Amount Beneficially Owned By Each Reporting Person
 
1,705,943
12
Check If The Aggregate Amount In Row (11) Excludes Certain Shares
Ô
13
Percent Of Class Represented By Amount In Row 11
32.6%
14
Type Of Reporting Person
IN



1
Names Of Reporting Persons.  I.R.S. Identification No. Of Above Person (Entities Only)
 
Danielle S. Enan
 
 
2
Check The Appropriate Box If A Member Of A Group
(a) Ô
(b) Ô
3
SEC Use Only
 
 
4
Source of Funds
 
PF
5
Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e)
 
6
Citizenship or Place of Organization
 
Canada
 
 
NUMBER OF
7
Sole Voting Power
41,250
SHARES
BENEFICIALLY
OWNED BY
8
Shared Voting Power
1,664,693
BY EACH
REPORTING
PERSON
9
Sole Dispositive Power
41,250
WITH
10
Shared Dispositive Power
1,664,693
 
11
Aggregate Amount Beneficially Owned By Each Reporting Person
1,705,943
 
12
Check If The Aggregate Amount In Row (11) Excludes Certain Shares
Ô
13
Percent Of Class Represented By Amount In Row 11
32.6 %
14
Type Of Reporting Person
IN




This Amendment No. 6 to Schedule 13D amends a prior statement on Schedule 13D (the “Schedule 13D”) filed on February 26, 2003 and subsequently amended relating to shares of common stock, par value $0.001 (“Common Stock”) of InsWeb Corporation, a Delaware corporation (“InsWeb”).  The Schedule 13D is amended only as expressly reported herein and otherwise remains unchanged.


Item 4                                Purpose of Transaction

The purchases of the Reporting Persons were made over time for investment purposes.  The share ownership of the Reporting Persons first exceeded 20% of the outstanding shares of the Company on January 26, 2003. 

Except as set forth above, the filers do not have any intention to engage in any of the transactions enumerated in Items 4(a) through 4(j) of this Schedule.  Each of the Reporting Persons intends to continuously review its investment in InsWeb, and may in the future determine, either alone or as part of a group, to acquire additional securities of InsWeb, through open market purchases, private agreements, the granting of stock options by InsWeb, or otherwise.  Each of the Reporting Persons may also dispose of all or a portion of the shares of Common Stock through open market transactions or in privately negotiated transactions to one or more persons, and may consider alternatives with respect to the securities of InsWeb.  Notwithstanding anything contained herein, each of the Reporting Persons reserves the right to change its intention with respect to any or all such matters.

Item 5                                Interest in Securities of the Issuer

Mr. Hussein Enan is the beneficial owner of 1,705,943 shares of Common Stock (representing 1,253,079 shares of Common Stock and options to purchase 452,864 shares that are exercisable or will become exercisable within 60 days of the date of this Amendment).  Such shares represent approximately 32.6% of the 4,779,874 shares of Common Stock outstanding as of January 31, 2009.  Mr. Enan has sole voting and dispositive power over 1,664,693 shares.

Mrs. Danielle Enan is the beneficial owner of 1,705,943 shares of Common Stock (representing 1,253,079 shares of Common Stock and options to purchase 452,864 shares that are exercisable or will become exercisable within 60 days of the date of this Amendment).  Such shares represent approximately 32.6% of the 4,779,874 shares of Common Stock outstanding as of January 31, 2009.  Mrs. Enan has sole voting and dispositive power over 41,250 shares.

 
 
 


Item 6                      Contracts, Arrangements, Understandings or Relationships With Respect toSecurities of the Issuer

This joint filing is made pursuant to the Joint Filing Agreement dated February 19, 2009 attached as Exhibit 1.

Item 7                                Material to be Filed as Exhibits

EXHIBIT NO.                                DESCRIPTION

1                                           Joint Filing Agreement dated February 19, 2009


 

 
 
 

SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 

 
Date: February 19, 2009
 
/s/ Hussein A. Enan                                                                             /s/ Danielle S. Enan
Hussein A. Enan                                                                             Danielle S. Enan

 

 

 
 
 

Exhibit Index
 

EXHIBIT REFERENCE DESCRIPTION

1.  
Agreement to Jointly File Schedule 13D