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INDEPENDENCE INVESTMENTS LLC
> PFWD
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2009 | Phase Forward Inc | PFWD | 378,730 | 378,730 | 4,843,957 | 4,843,957 | $12.79 |
| 06/30/2008 | Phase Forward Inc | PFWD | 0 | -1,296 | 0 | -22,136 | |
| 03/31/2008 | Phase Forward Inc | PFWD | 1,296 | 1,296 | 22,136 | 22,136 | $17.08 |
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