ICG COMMUNICATIONS INC /DE/ 4
4 · ICG COMMUNICATIONS INC /DE/ · Filed Aug 5, 2004
Insider Transaction Report
Form 4
FEINBERG STEPHEN
10% Owner
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share
2004-08-03$0.01/sh+426,316$4,263→ 1,179,183 total(indirect: By Partnership) - Exercise of In-Money
Common Stock Warrants (right to buy)
2004-08-03−426,316→ 0 total(indirect: By Partnership)Exercise: $0.01Exp: 2007-07-25→ Common Stock (426,316 underlying)
Footnotes (4)
- [F1]As of August 3, 2004, Cerberus Partners, L.P., a Delaware limited partnership ("Cerberus"), Cerberus International, Ltd., a corporation organized under the laws of the Bahamas ("International"), and Cerberus Institutional Partners, L.P., a Delaware limited partnership ("Institutional"), are the holders of, in the aggregate, approximately 1,179,183 shares of the common stock, par value $0.01 per share (the "Shares"), of ICG Communications, Inc. (the "Company"), and warrants to purchase an aggregate of approximately 254,553 Shares (subject to adjustments in certain circumstances). In a transaction exempt from the operation of Section 16(b) pursuant to Rule 16b-6(b), Cerberus, International and Institutional exercised warrants on August 3, 2004, thereby acquiring 426,316 Shares. Stephen Feinberg possesses sole power to vote and direct the disposition of all securities of the Company held by each of Cerberus, International and Institutional.
- [F2]Mr. Feinberg's interest is limited to the extent of his pecuniary interest in Cerberus, International and Institutional, if any.
- [F3]These warrants were exercisable immediately.
- [F4]These warrants were acquired, among other things, on or about July 22, 2002, in exchange for certain loans to the Company in the aggregate principal amount of $22,500,000.