4//SEC Filing
KOYAH LEVERAGE PARTNERS L P 4
Accession 0000905608-03-000068
CIK 0000866535other
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 4:11 PM ET
Size
13.8 KB
Accession
0000905608-03-000068
Insider Transaction Report
Form 4
ICM ASSET MANAGEMENT INC/WA
10% Owner
Transactions
- Conversion
Convertible Promissory Note
2003-09-24−1,250,000→ 0 total(indirect: See Footnotes)Exercise: $0.60From: 2002-07-19Exp: 2003-09-30→ Common Stock (2,287,653 underlying) - Conversion
Common Stock
2003-09-24$0.60/sh+2,287,653$1,372,592→ 4,900,203 total(indirect: See Footnotes)
SIMMONS JAMES M
10% Owner
Transactions
- Conversion
Common Stock
2003-09-24$0.60/sh+2,287,653$1,372,592→ 4,900,203 total(indirect: See Footnotes) - Conversion
Convertible Promissory Note
2003-09-24−1,250,000→ 0 total(indirect: See Footnotes)Exercise: $0.60From: 2002-07-19Exp: 2003-09-30→ Common Stock (2,287,653 underlying)
KOYAH LEVERAGE PARTNERS L P
10% Owner
Transactions
- Conversion
Common Stock
2003-09-24$0.60/sh+2,287,653$1,372,592→ 4,900,203 total(indirect: See Footnotes) - Conversion
Convertible Promissory Note
2003-09-24−1,250,000→ 0 total(indirect: See Footnotes)Exercise: $0.60From: 2002-07-19Exp: 2003-09-30→ Common Stock (2,287,653 underlying)
KOYAH VENTURES LLC
10% Owner
Transactions
- Conversion
Convertible Promissory Note
2003-09-24−1,250,000→ 0 total(indirect: See Footnotes)Exercise: $0.60From: 2002-07-19Exp: 2003-09-30→ Common Stock (2,287,653 underlying) - Conversion
Common Stock
2003-09-24$0.60/sh+2,287,653$1,372,592→ 4,900,203 total(indirect: See Footnotes)
Footnotes (4)
- [F1]The reporting persons (the "Reporting Persons") are ICM Asset Management, Inc. ("ICM"), a Washington corporation and an investment adviser registered with the Securities and Exchange Commission, Koyah Ventures, LLC, a Delaware limited liability company ("Koyah Ventures"), James M. Simmons and Koyah Leverage Partners, L.P., a Delaware limited partnership ("Koyah Leverage"). ICM is the investment adviser to, and Koyah Ventures is the general partner of, investment limited partnerships, including Koyah Leverage. ICM is also the investment adviser to other client accounts. Mr. Simmons is the manager of Koyah Ventures and is the president and majority shareholder of ICM.
- [F2]Mr. Simmons, ICM and Koyah Ventures are filing this Form 4 jointly as a group, but disclaim membership in a group with any other person within the meaning of Rule 13d-5(b)(i) and Rule 16a-1(a)(1) under the Securities Exchange Act of 1934, as amended. Koyah Leverage is filing this report jointly with the other Reporting Persons, but not as a member of a group, and expressly disclaims membership in a group, within the meaning of Rule 13d-5(b)(i) and Rule 16a-1(a)(1), with any other person.
- [F3]These securities are held directly by investment limited partnerships, including Koyah Leverage, of which ICM is the investment adviser and Koyah Ventures is the general partner. They are held indirectly by ICM, Koyah Ventures and Mr. Simmons. The Reporting Persons, except for Koyah Leverage, disclaim beneficial ownership of such securities except to the extent of their respective pecuniary interest therein. The filing of this Form 4 on behalf of Koyah Leverage should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner as defined in Rule 13d-3 under the Exchange Act, of any of the securities covered by this Form 4. No client account of ICM, other than Koyah Leverage, owns more than ten percent of the outstanding stock of the Issuer.
- [F4]The zero in column 8 of Table II is a placeholder only that is required by the EDGAR software and shuld be disregarded. The shares of Common Stock acquired by the Reporting Persons on September 24, 2003, were issued on the conversion of Convertible Promissory Notes that were issued to the Reporting Persons in connection with a private placement of the Issuer's securities on July 17, 2002.
Documents
Issuer
ISLAND PACIFIC INC
CIK 0000866535
Entity typeother
Related Parties
1- filerCIK 0001054503
Filing Metadata
- Form type
- 4
- Filed
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 4:11 PM ET
- Size
- 13.8 KB