4//SEC Filing
SUN CAPITAL ADVISORS III LP 4
Accession 0001104659-09-022035
CIK 0000946815other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 1:40 PM ET
Size
21.5 KB
Accession
0001104659-09-022035
Insider Transaction Report
Form 4
KROUSE RODGER R
Director
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN CAPITAL PARTNERS III LLC
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN MACKIE LLC
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN CAPITAL PARTNERS LLC
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
LEDER MARC J
Director
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN CAPITAL ADVISORS III LP
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN CAPITAL PARTNERS III LP
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN CAPITAL ADVISORS II LP
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN CAPITAL PARTNERS II LP
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
SUN CAPITAL PARTNERS III QP LP
10% Owner
Transactions
- Other
15.25% Convertible Note
2009-03-31$317926.62/sh(indirect: See footnotes)Exercise: $5.00From: 2008-06-30Exp: 2012-06-29→ Common Stock
Footnotes (5)
- [F1]The conversion price is subject to adjustment in order to prevent dilution of the conversion rights granted under the 15.25% Convertible Senior Subordinated Secured Promissory Note (as amended or supplemented from time to time, the "Convertible Note").
- [F2]Represents the dollar amount of payment-in-kind ("PIK") interest paid pursuant to the Convertible Note.
- [F3]The Convertible Note expires upon the earlier of (i) June 29, 2012 (the maturity date) or (ii) the occurrence of a fundamental change of the Issuer, which would trigger mandatory payment of the Convertible Note in full (including all accrued and unpaid interest thereon).
- [F4]Represents the outstanding principal amount under the Convertible Note directly owned by Sun Mackie. Marc J. Leder ("Leder") and Rodger R. Krouse ("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 LP") and Sun Capital Partners III QP, LP ("Sun Partners III QP, LLC").
- [F5]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 Partners III, LLC, Sun Advisors II, Sun Advisors III, Sun Partners II LP, Sun Partners III LP and Sun Partners III QP LP may be deemed to have indirect beneficial ownership of the securities owned directly by Sun Mackie. Leder, Krouse, Sun Partners LLC, Sun Partners III, LLC, Sun Advisors II, Sun Advisors III, Sun Partners II LP, Sun Partners III LP and Sun Partners III QP LP each expressly disclaims beneficial ownership of any securities 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
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 1:40 PM ET
- Size
- 21.5 KB