MHR CAPITAL PARTNERS LP 3
3 · MILLSTREAM ACQUISITION CORP · Filed Apr 20, 2004
Insider Transaction Report
Form 3
MHR CAPITAL PARTNERS LP
10% Owner
Holdings
Common Stock Warrants (right to buy)
Exercise: $5.00From: 2004-08-25Exp: 2007-08-24→ Common Stock (474,001 underlying)- 487,001
Common Stock, par value $.0001 per share
Footnotes (4)
- [F1]Of this amount, 153,667 shares of the Issuer's common stock, par value $.0001 per share ("Shares"), are included within 153,667 units ("Units") held for the account of MHR Capital Partners, LP, a Delaware limited partnership ("Capital Partners"). Units consist of one Share and two warrants to purchase Shares. The warrants are not presently exercisable but only become exercisable at the later of the Issuer's completion of a business combination or August 25, 2004.
- [F2]These securities are held for the account of Capital Partners. MHR Advisors LLC, a Delaware limited liability company ("Advisors"), is the general partner of Capital Partners. Mark H. Rachesky, M.D. ("Dr. Rachesky") is the managing member of Advisors. In such capacity, Dr. Rachesky may be deemed to have voting and dispositive power over the Shares and other securities held for the account of Capital Partners.
- [F3]These warrants will become exercisable upon the later of the Issuer's completion of a business combination with a target business or August 25, 2004.
- [F4]Capital Partners and Advisors may be deemed to have an interest in the 474,001 warrants to purchase Shares held for the account of Capital Partners. Of this amount, 307,334 warrants to purchase Shares are included within 153,667 Units held for the account of Capital Partners. Units consist of one Share and two warrants to purchase Shares. The warrants are not presently exercisable but only become exercisable at the later of the Issuer's completion of a business combination or August 25, 2004.