OGLEBAY NORTON CO /OHIO/ 4/A
4/A · OGLEBAY NORTON CO /OHIO/ · Filed Aug 28, 2006
Insider Transaction Report
Form 4/AAmended
OGLEBAY NORTON CO /OHIO/OGBY.OB
MFP INVESTORS LLC
10% Owner
Transactions
- Other
Common Stock
2006-08-24+225,091→ 394,195 total - Conversion
Series A Convertible Preferred Stock
2006-08-24−183,121→ 228,900 totalFrom: 2006-01-31Exp: 2049-12-31→ Common Stock (225,091 underlying)
Footnotes (2)
- [F1]The Issuer has engaged in a redemption of a portion of its Series A Convertible Preferred Shares. Holders of Preferred Shares must elect by August 24, 2006 to either (i) convert a portion of their Preferred Shares into Common Stock at a conversion ratio of 1.2292 shares of Common Stock per Preferred Share or (ii) redeem a portion of their Preferred Shares for cash of $13.52 per Preferred Share on the redemption date of August 31, 2006. The reporting person has elected to convert a portion of its eligible Preferred Shares (183,121) 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 Preferred Share. The current ratio is 1.2292 shares of Common Stock per Preferred Share.