OGLEBAY NORTON CO /OHIO/ 4/A
4/A · OGLEBAY NORTON CO /OHIO/ · Filed Jun 27, 2006
Insider Transaction Report
Form 4/AAmended
OGLEBAY NORTON CO /OHIO/OGBY.OB
MFP INVESTORS LLC
10% Owner
Transactions
- Other
Common Stock
2006-06-23+39,186→ 144,399 total - Conversion
Series A Convertible Preferred Stock
2006-06-23−31,880→ 432,120 totalFrom: 2005-01-31Exp: 2049-12-31→ Common Stock (39,186 underlying)
Footnotes (2)
- [F1]The Issuer engaged in a redemption of its Series A Convertible Preferred Shares and the holders of Preferred Shares must elect by June 23, 2006 to either (i) convert a specified portion of their Preferred Shares into Common Stock at a conversion ratio of 1.2292 shares of Common Stock per Preferred Share, or (ii) receive in cash an amount equal to $13.52 per Preferred Share on the June 30, 2006 redemption date. The reporting person has elected to convert a portion of its eligible Preferred Shares (31,880) into shares of Common Stock at the 1.2292 conversion ratio.
- [F2]The Preferred Shares were convertible into shares of Common Stock at an initial ratio of one share of Common Stock per Prefer Share. The current ratio is 1.2229 shares of Common Stock per Preferred Share.