PLIANT CORP 4
4 · PLIANT CORP · Filed Jun 2, 2008
Insider Transaction Report
Form 4
PLIANT CORPPLIAP
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD.
10% OwnerOther
Transactions
- Purchase
Convertible Preferred Stock
2007-06-05$525.00/sh+1,000$525,000→ 66,966 total - Purchase
Convertible Preferred Stock
2007-07-10$490.00/sh+10,000$4,900,000→ 79,467 total - Purchase
Convertible Preferred Stock
2007-05-09$500.00/sh+3,000$1,500,000→ 65,966 total - Purchase
Convertible Preferred Stock
2007-06-19$525.00/sh+2,501$1,313,025→ 69,467 total - Purchase
Convertible Preferred Stock
2007-10-19$310.00/sh+5,122$1,587,820→ 84,589 total
Holdings
- 7,125
Common Stock
Footnotes (4)
- [F1]IMPORTANT NOTE: THE SECURITIES SET FORTH IN THIS REPORT ARE DIRECTLY BENEFICIALLY OWNED BY HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. (THE "FUND"). ALL OTHER REPORTING PERSONS ARE INCLUDED WITHIN THIS REPORT DUE TO THEIR AFFILIATION WITH THE FUND.
- [F2]These securities are owned by Harbinger Capital Partners Master Fund I, Ltd. (the "Master Fund"), which is a Reporting Person.
- [F3]These securities may be deemed to be indirectly beneficially owned by the following each of whom is a Reporting Person: Harbinger Capital Partners Offshore Manager, L.L.C. ("Harbinger Management"), the investment manager of the Master Fund, HMC Investors, L.L.C., its managing member ("HMC Investors"), Philip Falcone, a member of HMC Investors and the portfolio manager of the Master Fund, Raymond J. Harbert, a member of HMC Investors, and Michael D. Luce, a member of HMC Investors.
- [F4]Each Reporting Person listed in Footnotes 2 and 3 disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.