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4//SEC Filing

Lagrange Pierre 4

Accession 0000893838-09-000100

CIK 0001365790other

Filed

May 13, 8:00 PM ET

Accepted

May 14, 8:05 PM ET

Size

11.3 KB

Accession

0000893838-09-000100

Insider Transaction Report

Form 4
Period: 2009-05-12
Lagrange Pierre
DirectorSr. Managing Director of GLG P10% Owner
Transactions
  • Purchase

    5.00% Dollar-Denominated Conv. Subordinated Notes Due 2014

    2009-05-12$15000000.00/sh(indirect: By Trust)
    From: 2009-05-15Exp: 2014-05-15Common Stock (4,032,258 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    58,900,370
  • Warrant (right to buy)

    (indirect: by GLG Partners LP, as manager)
    Exercise: $7.50Exp: 2011-12-28Common Stock (390,200 underlying)
    390,200
  • Common Stock

    4,623
  • Common Stock

    (indirect: by GLG Partners LP, as investment manager)
    390,200
Footnotes (5)
  • [F1]Mr. Lagrange disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Lagrange is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
  • [F2]These securities are held by certain investment funds managed by GLG Partners LP, as investment manager. GLG Partners Limited is the general partner of GLG Partners LP, and Messrs. Lagrange, Noam Gottesman and Emmanuel Roman are Managing Directors of GLG Partners Limited with power to exercise investment over the securities owned by the investment funds and as a result, may be deemed to be the beneficial owner of these securities. As discussed above in footnote (1), Mr. Lagrange disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  • [F3]Securities beneficially owned indirectly by the Lagrange GLG Trust (the "Trust") and G&S Trustees Limited, in its capacity as trustee of the Trust (the "Trustee"), through Point Pleasant Ventures Ltd., a wholly owned subsidiary of the Trust. Mr. Lagrange has a pecuniary interest in these securities as a beneficiary of the Trust.
  • [F4]Each warrant is exercisable for one share of common stock at any time commencing on or after December 21, 2007, provided that there is an effective registration statement in effect at such time covering the shares of common stock underlying the warrants.
  • [F5]The notes may be converted at any time by the holder into shares of common stock at an initial conversion rate of 268.8172 shares of common stock per $1,000 principal amount of notes, which represents a conversion price of approximately $3.72 per share of common stock, subject to certain adjustments.

Issuer

GLG Partners, Inc.

CIK 0001365790

Entity typeother

Related Parties

1
  • filerCIK 0001417065

Filing Metadata

Form type
4
Filed
May 13, 8:00 PM ET
Accepted
May 14, 8:05 PM ET
Size
11.3 KB