LEAP WIRELESS INTERNATIONAL INC 4
4 · LEAP WIRELESS INTERNATIONAL INC · Filed Jun 23, 2008
Insider Transaction Report
Form 4
LUCE MICHAEL D
10% OwnerOther
Transactions
- Purchase
4.5% Convertible Bonds
2008-06-19$1000.00/sh+1,000$1,000,000→ 1,000 total(indirect: By Harbert Capital Structure and Convertible Arbitrage Master Fund, Ltd.)Exercise: $93.21From: 2008-06-19Exp: 2014-07-15→ Common Stock (10,729 underlying) - Sale
4.5% Convertible Bonds
2008-06-23$982.50/sh+1,000$982,500→ 0 total(indirect: By Harbert Capital Structure and Convertible Arbitrage Master Fund, Ltd.)Exercise: $93.21From: 2008-06-19Exp: 2014-07-15→ Common Stock (10,729 underlying) - Sale
Common Stock
2008-06-20$51.83/sh−10,000$518,300→ 0 total(indirect: By Harbert Capital Structure and Convertible Arbitrage Master Fund, Ltd.) - Purchase
Common Stock
2008-06-23$50.31/sh+10,000$503,100→ 0 total(indirect: By Harbert Capital Structure and Convertible Arbitrage Master Fund, Ltd.)
Holdings
- 3,425,000(indirect: By Harbinger Capital Partners Special Situations Fund, L.P.)
Common Stock
- 6,800,000(indirect: By Harbinger Capital Partners Master Fund I, Ltd.)
Common Stock
Footnotes (4)
- [F1]These securities are owned by Harbert Capital Structure and Convertible Arbitrage Master Fund, Ltd. (the "Capital Structure Fund"). These securities may be deemed to be beneficially owned by Raymond J. Harbert and Michael D. Luce. Raymond J. Harbert and Michael D. Luce are members of the entity that serves as the managing member of the investment manager of the Capital Structure Fund. Each entity or person 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 entity or 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.
- [F2]On June 20, 2008, the Capital Structure Fund sold these securities pursuant to a short transaction. On June 23, 2008, the Capital Structure Fund covered the short transaction. As of the date of this filing, the Capital Structure Fund no longer owns any securities of the issuer.
- [F3]These securities are owned by Harbinger Capital Partners Master Fund I, Ltd. (the "Master Fund"). These securities may be deemed to be beneficially owned by Raymond J. Harbert and Michael D. Luce. Raymond J. Harbert and Michael D. Luce are members of the entity that serves as the managing member of the investment manager of the Master Fund. Each entity or person 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 entity or 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.
- [F4]These securities are owned by Harbinger Capital Partners Special Situations Fund, L.P. (the "Special Situations Fund"). These securities may be deemed to be beneficially owned by Raymond J. Harbert and Michael Luce. Raymond J. Harbert and Michael D. Luce are shareholders of the entity that wholly owns the managing member of the Special Situations Fund's general partner. Each entity or person 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 entity or 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.