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4//SEC Filing

BARAKETT TIMOTHY R 4

Accession 0001011438-06-000444

CIK 0000355787other

Filed

Jun 8, 8:00 PM ET

Accepted

Jun 9, 5:20 PM ET

Size

14.1 KB

Accession

0001011438-06-000444

Insider Transaction Report

Form 4
Period: 2006-06-07
Transactions
  • Sale

    Common Stock

    2006-06-07$16.54/sh3,150$52,10110,664,926 total(indirect: See Notes)
Transactions
  • Sale

    Common Stock

    2006-06-07$16.54/sh3,150$52,10110,664,926 total(indirect: See Notes)
Transactions
  • Sale

    Common Stock

    2006-06-07$16.54/sh3,150$52,10110,664,926 total(indirect: See Notes)
Footnotes (3)
  • [F1]This statement is being filed by Atticus Management LLC, f/k/a Atticus Capital, L.L.C., a Delaware limited liability company ("Atticus Management"). Atticus Capital LP, a Delaware limited partnership ("Atticus Capital") and Timothy R. Barakett are additional reporting persons (collectively with Atticus Management, the "Reporting Persons" and each singulary, as the context requires, a "Reporting Person"). Effective as of January 1, 2006, Atticus Management effected a restructuring in which it assigned to Atticus Capital its rights and obligations under the investment management agreements with its clients and following the restructuring it changed its name to "Atticus Management LLC".
  • [F2]Mr. Barakett is the Chairman, Chief Executive Officer and Managing Member of Atticus Management. Atticus Management is the sole general partner of Atticus Capital. Atticus Capital, together with certain of its affiliated entities (collectively, the "Atticus Entities"), acts as adviser for various investment funds (the "Funds") and managed accounts (the "Accounts"). Based on his relationship with the Atticus Entities, Mr. Barakett is deemed to be a beneficial owner of the securities owned by the Funds and the Accounts for purposes of Rule 16a-1(a)(1) under the Securities Exchange Act of 1934. Mr. Barakett, Atticus Management and Atticus Capital disclaim beneficial ownership within the meaning of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934 in the Securities owned by the Funds and the Accounts except to the extent, if any, of their pecuniary interest therein.
  • [F3]The 3,150 shares disposed of on June 7, 2006 were held by an irrevocable trust for the child of Mr. Barakett, a Reporting Person. None of the Reporting Persons is a trustee of the trust and each disclaims any pecuniary interest in the shares.

Issuer

PRICE COMMUNICATIONS CORP

CIK 0000355787

Entity typeother

Related Parties

1
  • filerCIK 0001039546

Filing Metadata

Form type
4
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 5:20 PM ET
Size
14.1 KB