4//SEC Filing
SUN CAPITAL ADVISORS III LP 4
Accession 0001104659-04-022734
CIK 0000946815other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 5:29 PM ET
Size
20.2 KB
Accession
0001104659-04-022734
Insider Transaction Report
Form 4
LOUD TECHNOLOGIES INC(OTC:LTEC)
SUN CAPITAL PARTNERS III LP
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
SUN CAPITAL PARTNERS III QP LP
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
LEDER MARC J
Director
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
SUN CAPITAL ADVISORS II LP
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
SUN CAPITAL PARTNERS LLC
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
SUN CAPITAL PARTNERS III LLC
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
SUN MACKIE LLC
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
SUN CAPITAL PARTNERS II LP
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
SUN CAPITAL ADVISORS III LP
10% Owner
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
KROUSE RODGER R
Director
Transactions
- Other
Common Stock
2004-08-03$1.95/sh+2,437,638$4,753,394→ 17,741,194 total
Footnotes (3)
- [F1]Pursuant to an Exchange Agreement, Sun Mackie, LLC ("Sun Mackie") acquired 2,437,638 shares of common stock of the Issuer, in exchange for its cancellation of all principal and accrued interest due to Sun Mackie pursuant to a Subordinated Promissory Note (the "Note") dated March 31, 2003. The Note had an original principal amount of $3,931,429 and had principal plus accrued interest outstanding as of August 3, 2004 of $4,753,393.86.
- [F2]Marc Leder ("Leder") and Rodger Krouse ("Krouse") each currently serve as a director of the Issuer. In addition, Leder and Krouse each own 50% of the membership interests in Sun Capital Partners, LLC ("Sun Partners LLC"), which in turn is the general partner of Sun Capital Advisors II, LP ("Sun Advisors II"), which in turn is the general partner of Sun Capital Partners II, LP ("Sun Partners II LP"). Leder and Krouse also each own 50% of the membership interests in Sun Capital Partners III, LLC ("Sun Partners III LLC"), which in turn is the general and managing partner of Sun Capital Advisors III, LP ("Sun Advisors III"), which in turn is the general partner of Sun Capital Partners III, LP ("Sun Partners III LP") and Sun Capital Partners III QP, LP ("Sun Partners III QP LP").
- [F3]Together, Sun Partners II LP, Sun Partners III LP, and Sun Partners III QP LP own all of the membership interests in Sun Mackie. As a result, Leder, Krouse, Sun Partners LLC, Sun Advisors II, Sun Partners II LP, Sun Partners III LLC, Sun Advisors III, Sun Partners III LP, and Sun Partners III QP LP may be deemed to have indirect beneficial ownership of the 16,561,765 shares of common stock of the Issuer owned directly by Sun Mackie and indirect beneficial ownership of Stock Purchase Warrants immediately exercisable for 1,179,429 shares of common stock of the Issuer. Leder, Krouse, Sun Partners LLC, Sun Advisors II, Sun Partners II LP, Sun Partners III LLC, Sun Advisors III, Sun Partners III LP, and Sun Partners III QP LP each expressly disclaims beneficial ownership of any shares of common stock of the Issuer and Stock Purchase Warrants of the Issuer in which they do not have a pecuniary interest.
Documents
Issuer
LOUD TECHNOLOGIES INC
CIK 0000946815
Entity typeother
Related Parties
1- filerCIK 0001249709
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 5:29 PM ET
- Size
- 20.2 KB