4//SEC Filing
HOLMES MAX 4
Accession 0001019056-10-000792
CIK 0001041858other
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 4:57 PM ET
Size
16.0 KB
Accession
0001019056-10-000792
Insider Transaction Report
Form 4
RCN CORP /DE/RCNI
Transactions
- Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-23$14.82/sh−76,877$1,139,325→ 4,503,813 total(indirect: By Plainfield Special Situations Master Fund II Limited) - Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-22$14.83/sh−50,000$741,555→ 4,580,690 total(indirect: By Plainfield Special Situations Master Fund II Limited)
Plainfield OC Master Fund Ltd
10% Owner
Transactions
- Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-22$14.83/sh−50,000$741,555→ 4,580,690 total(indirect: By Plainfield Special Situations Master Fund II Limited) - Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-23$14.82/sh−76,877$1,139,325→ 4,503,813 total(indirect: By Plainfield Special Situations Master Fund II Limited)
PLAINFIELD ASSET MANAGEMENT LLC
10% Owner
Transactions
- Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-22$14.83/sh−50,000$741,555→ 4,580,690 total(indirect: By Plainfield Special Situations Master Fund II Limited) - Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-23$14.82/sh−76,877$1,139,325→ 4,503,813 total(indirect: By Plainfield Special Situations Master Fund II Limited)
Transactions
- Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-23$14.82/sh−76,877$1,139,325→ 4,503,813 total(indirect: By Plainfield Special Situations Master Fund II Limited) - Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-22$14.83/sh−50,000$741,555→ 4,580,690 total(indirect: By Plainfield Special Situations Master Fund II Limited)
HOLMES MAX
10% Owner
Transactions
- Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-22$14.83/sh−50,000$741,555→ 4,580,690 total(indirect: By Plainfield Special Situations Master Fund II Limited) - Sale
COMMON STOCK, PAR VALUE $0.01
2010-06-23$14.82/sh−76,877$1,139,325→ 4,503,813 total(indirect: By Plainfield Special Situations Master Fund II Limited)
Footnotes (3)
- [F1]Plainfield Asset Management LLC ("Plainfield"), is the manager of the Plainfield Special Situations Master Fund Limited ("Master Fund"), Plainfield Special Situations Master Fund II Limited ("Master Fund II"), and Plainfield OC Master Fund Limited ("OC Fund", and together with Plainfield, Master Fund, and Master Fund II, the "Reporting Persons"), each a private investment vehicle formed for the purpose of investing and trading in a variety of securities and financial instruments. Max Holmes, an individual, is the chief investment officer of Plainfield. Each of the Reporting Persons disclaims beneficial ownership of the reported shares for which it is not the record owner, and this report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of the securities for purposes of Section 16 or for any other purpose, except to the extent of their pecuniary interest therein.
- [F2]The amounts listed in this column include a total of 4,503,813 shares of Common Stock underlying 2,992,995 warrants currently held by Master Fund, Master Fund II, and OC Fund. Master Fund holds 2,446,830 warrants exercisable into 3,681,952 shares of Common Stock, Master Fund II holds 336,856 warrants exercisable into 506,896 shares of Common Stock, and OC Fund holds 209,309 warrants exercisable into 314,965 shares of Common Stock.
- [F3]After the disposition reported in Table I above, the Reporting Persons no longer own any Common Stock of the Issuer, but own warrants exercisable into Common Stock of the Issuer as described in Note 2 above.
Documents
Issuer
RCN CORP /DE/
CIK 0001041858
Entity typeother
Related Parties
1- filerCIK 0001387428
Filing Metadata
- Form type
- 4
- Filed
- Jun 23, 8:00 PM ET
- Accepted
- Jun 24, 4:57 PM ET
- Size
- 16.0 KB