4/A//SEC Filing
OTELCO INC. 4/A
Accession 0001179110-04-024036
CIK 0001288359operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 2:34 PM ET
Size
21.7 KB
Accession
0001179110-04-024036
Insider Transaction Report
Form 4/AAmended
OTELCO INC.OTT
CEA Investment Partners II, LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2004-12-16+7,000→ 7,000 total(indirect: See Footnote) - Purchase
Membership Units
2004-12-16+615,190.8→ 1,235,825.73 total(indirect: See Footnote)→ Income Deposit Securities (1,922,916 underlying)
Seaport Associates, LLC
10% Owner
Transactions
- Purchase
Class A Common Stock
2004-12-16+7,000→ 7,000 total(indirect: See Footnote) - Purchase
Membership Units
2004-12-16+615,190.8→ 1,235,825.73 total(indirect: See Footnote)→ Income Deposit Securities (1,922,916 underlying)
COLLIS JAMES J
10% Owner
Transactions
- Purchase
Class A Common Stock
2004-12-16+7,000→ 7,000 total(indirect: See Footnote) - Purchase
Membership Units
2004-12-16+615,190.8→ 1,235,825.73 total(indirect: See Footnote)→ Income Deposit Securities (1,922,916 underlying)
Seaport Investments, LLC
10% Owner
Transactions
- Purchase
Membership Units
2004-12-16+615,190.8→ 1,235,825.73 total(indirect: See Footnote)→ Income Deposit Securities (1,922,916 underlying) - Purchase
Class A Common Stock
2004-12-16+7,000→ 7,000 total(indirect: See Footnote)
Luby William K
10% Owner
Transactions
- Purchase
Membership Units
2004-12-16+615,190.8→ 1,235,825.73 total(indirect: See Footnote)→ Income Deposit Securities (1,922,916 underlying) - Purchase
Class A Common Stock
2004-12-16+7,000→ 7,000 total(indirect: See Footnote)
Seaport Capital Partners II, L.P.
10% Owner
Transactions
- Purchase
Class A Common Stock
2004-12-16+7,000→ 7,000 total(indirect: See Footnote) - Purchase
Membership Units
2004-12-16+615,190.8→ 1,235,825.73 total(indirect: See Footnote)→ Income Deposit Securities (1,922,916 underlying)
Footnotes (7)
- [F1]The reported securities are included within 7,000 Income Deposit Securities ("IDSs") purchased by James Collis for $15.35 per IDS. Each IDS consists of one share of Class A common stock and one 13% senior subordinated note due 2019 with a $7.50 principal amount.
- [F2]Conversion ratio of 3.12572 IDSs and 0.19498 shares of Class B common stock per membership unit.
- [F3]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.
- [F4]The membership units were purchased for $27,474,624 and 119,951 shares of Class B common stock of Otelco Inc.
- [F5]See Exhibit 99.1.
- [F6]These represent the same 615,190.80 membership units acquired as shown above.
- [F7]These represent the same 1,235,825.73 membership units as shown above.
Issuer
OTELCO INC.
CIK 0001288359
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001288359
Filing Metadata
- Form type
- 4/A
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 2:34 PM ET
- Size
- 21.7 KB