4//SEC Filing
RURAL LEC ACQUISITION LLC 4
Accession 0001179110-04-023704
CIK 0001288359operating
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 7:08 PM ET
Size
9.2 KB
Accession
0001179110-04-023704
Insider Transaction Report
Form 4
McCall Stephen Phillip
Director
Transactions
- Purchase
Membership Units
2004-12-16+615,190.8→ 7,263,634 total(indirect: See Footnote)→ Income Deposit Securities (1,922,916 underlying)
Footnotes (5)
- [F1]Conversion ratio of 3.12572 Income Deposit Securities representing shares of Class A common stock and senior subordinated notes due 2019 ("IDSs") and 0.19498 shares of Class B common stock per membership unit.
- [F2]The conversion of the membership units into IDSs and Class B common stock will take place on December 21, 2004, the expected closing date of the offering of IDSs.
- [F3]The membership units were purchased for $27,474,624 and 119,951 shares of Class B common stock of Otelco Inc.
- [F4]See Exhibit 99.1.
- [F5]These represent the same 615,190.80 membership units acquired as shown in the line above.
Documents
Issuer
RURAL LEC ACQUISITION LLC
CIK 0001288359
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001288359
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 7:08 PM ET
- Size
- 9.2 KB