4//SEC Filing
OGLEBAY NORTON CO /OHIO/ 4
Accession 0000019617-06-000399
CIK 0001129981operating
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 4:16 PM ET
Size
9.6 KB
Accession
0000019617-06-000399
Insider Transaction Report
Form 4
OGLEBAY NORTON CO /OHIO/ogby.og
J P MORGAN CHASE & CO
10% Owner
Transactions
- Conversion
Series A Convertible Pref Shares,par value $0.01per shares
2006-06-23−28,567→ 387,433 total(indirect: See Footnote 3)From: 2005-01-31Exp: 2049-12-31→ Common Stock, Par Value $0.01 Per Share (476,232 underlying) - Other
Common Stock, Par Value $0.01 Per Share
2006-06-23+35,114→ 35,114 total(indirect: See Footnote 3)
Footnotes (3)
- [F1]The Issuer is engaged in a redemption of its Series A Convertible Preferred Shares and the holders of the Preferred Shares must elect by June 23, 2006 to either (1) convert a specified portion of its Preferred Shares into shares of Common Stock at a set and announced conversion ratio or (2) receive an aggregate amount in cash equivalent to $13.52 per Preferred Share on the redemption date of June 30, 2006. The reporting person has elected, effective June 23, 2006, to convert its specified eligible Preferred Shares (28,567) into shares of Common Stock at the announced conversion ratio of 1.2292 shares of Common Stock per Series A Convertible Preferred Share.
- [F2]The Series A Convertible Preferred Shares of the Issuer are convertible at the option of the reporting person into shares of Common Stock at an initial ratio of one Preferred Share into one share of Common Stock, which ratio increases pursuant to the terms of the Preferred Shares over time to the current ratio of 1.2292 shares of Common Stock per Preferred Share for the conversion described in footnote 1 above.
- [F3]Beneficial ownership of this position was acquired by J.P. Morgan Ventures Corporation, a wholly owned subsidiary of JPMorgan Chase & Co. JPMorgan Chase & Co. expressly disclaims beneficial ownership of such shares except to the extent of its respective pecuniary interest in such shares
Documents
Issuer
OGLEBAY NORTON CO /OHIO/
CIK 0001129981
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0001129981
Filing Metadata
- Form type
- 4
- Filed
- Jun 25, 8:00 PM ET
- Accepted
- Jun 26, 4:16 PM ET
- Size
- 9.6 KB