4//SEC Filing
MDP VENTURES II LLC 4
Accession 0001116679-06-001557
CIK 0000924373other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 5:45 PM ET
Size
12.2 KB
Accession
0001116679-06-001557
Insider Transaction Report
Form 4
JEFFRIES CHRISTOPHER M
10% Owner
Transactions
- Sale
Series C Convertible Preferred Stock, par value $.01 per shr
2006-06-14−2,000→ 0 totalExercise: $2.89From: 2002-09-06→ Common Stock, par value $.01 per share (927,361 underlying) - Sale
Series D Convertible Preferred Stock, par value $.01 per shr
2006-06-14−45,000→ 0 totalExercise: $2.00From: 2004-03-12→ Common Stock, par value $.01 per share (2,707,340 underlying)
Transactions
- Sale
Series D Convertible Preferred Stock, par value $.01 per shr
2006-06-14−45,000→ 0 totalExercise: $2.00From: 2004-03-12→ Common Stock, par value $.01 per share (2,707,340 underlying) - Sale
Series C Convertible Preferred Stock, par value $.01 per shr
2006-06-14−2,000→ 0 totalExercise: $2.89From: 2002-09-06→ Common Stock, par value $.01 per share (927,361 underlying)
MDP VENTURES II LLC
10% Owner
Transactions
- Sale
Series D Convertible Preferred Stock, par value $.01 per shr
2006-06-14−45,000→ 0 totalExercise: $2.00From: 2004-03-12→ Common Stock, par value $.01 per share (2,707,340 underlying) - Sale
Series C Convertible Preferred Stock, par value $.01 per shr
2006-06-14−2,000→ 0 totalExercise: $2.89From: 2002-09-06→ Common Stock, par value $.01 per share (927,361 underlying)
Footnotes (5)
- [F1]N/A
- [F2]Includes shares of the Issuer's Common Stock, par value $.01 per share, issuable in connection with accrued and unpaid dividends on the derivative securities.
- [F3]The Issuer purchased (the "Repurchase") (i) 2,000 shares of Series C Convertible Preferred Stock, par value $.01 per share, of the Issuer plus accrued and unpaid dividends thereon and (ii) 45,000 shares of Series D Convertible Preferred Stock, par value $.01 per share, of the Issuer plus accrued and unpaid dividends thereon (collectively, the "Shares") from MDP Ventures II ("Ventures II") pursuant to a Stock Repurchase Agreement, dated as of June 14, 2006, by and between the Issuer and Ventures II. The aggregate purchase price for the Shares was $8,092,067.
- [F4]Prior to the Repurchase, Ventures II had direct ownership of the Shares, Millennium Development Partners II LLC ("MDP II") had an indirect beneficial interest in the Shares in its capacity as managing member of Ventures II and Christopher M. Jeffries had an indirect beneficial interest in the Shares in his capacity as majority and controlling member of MDP II
- [F5]The reporting person disclaims beneficial ownership in the securities of the Issuer except to the extent of its pecuniary interest, if any, therein.
Documents
Issuer
SPORTS CLUB CO INC
CIK 0000924373
Entity typeother
Related Parties
1- filerCIK 0001106628
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 5:45 PM ET
- Size
- 12.2 KB