Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Cohen Jonathan Todd
 2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2006		 3. Issuer Name and Ticker or Trading Symbol
VERTICALNET INC [VERT]
(Last)
(First)
(Middle)
400 CHESTER FIELD PARKWAY		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP - Chief Accounting Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MALVERN, PA 19355		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3,253
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   (1) 03/14/2013 Common Stock 2,143 $ 4.48 D  
Employee Stock Option (right to buy)   (2) 04/29/2013 Common Stock 114 $ 2.24 D  
Employee Stock Option (right to buy)   (3) 04/29/2013 Common Stock 3,572 $ 5.6 D  
Employee Stock Option (right to buy)   (4) 05/05/2013 Common Stock 507 $ 3.57 D  
Employee Stock Option (right to buy)   (5) 10/28/2013 Common Stock 805 $ 3.29 D  
Employee Stock Option (right to buy)   (6) 02/10/2014 Common Stock 717 $ 8.4 D  
Employee Stock Option (right to buy)   (7) 04/15/2015 Common Stock 1,131 $ 5.53 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cohen Jonathan Todd
400 CHESTER FIELD PARKWAY
MALVERN, PA 19355		       VP - Chief Accounting Officer  

Signatures

Christopher G. Kuhn, power of attorney 01/10/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 25% of the grant vested on each of September 14, 2003; March 14, 2004; September 14, 2004 and March 14, 2005.
(2) 100% of the grant vested on April 29, 2004.
(3) 25% of the granted vested on each of October 29, 2003; April 29, 2004; October 29, 2004; and April 29, 2005.
(4) 100% of the grant vested on May 5, 2004.
(5) 100% of the grant vested on October 28, 2004.
(6) 100% of the grant vested on February 10, 2005.
(7) 25% of the grant vested on April 15, 2005; 2.083% of the grant vested on the fifteenth day of each month thereafter, and will continue to vest on the fifteenth day of each month until and including April 15, 2008.

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