ADVANCED SWITCHING COMMUNICATIONS INC 4
4 · ADVANCED SWITCHING COMMUNICATIONS INC · Filed Aug 27, 2003
Insider Transaction Report
Form 4
SCOTT EDWARD W
Director10% Owner
Transactions
- Other
Common Stock, $0.0025 par value per share
2003-06-10−10,891,528→ 0 total(indirect: _)
Footnotes (2)
- [F1]The reporting person disposed of Common Stock pursuant to the Company's Liquidating Trust Agreement, dated as of June 10, 2003, pursuant to which each of the Company's stockholders automatically became the holder of one unit of beneficial interest in the Liquidating Trust for each share of the Company common stock then held of record by such stockholder. All outstanding Company shares were automatically deemed canceled.
- [F2]Represents 10,891,528 shares held by Baker Communications Fund, L.P. Baker Capital Corp is the general partner of Baker Communications Fund, L.P. Edward W. Scott is a member of Baker Capital Corp. Mr. Scott disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. The following natural persons jointly, but not individually, exercise voting and/or dispositive power with respect to the shares held by Baker Communications Fund, L.P.: John C. Baker, Ashley Leeds, Edward W. Scott; and Henry G. Baker. The address for Baker Communications Fund, L.P. is c/o Baker Capital Corp., 540 Madison Avenue, New York, New York 10022