Home/Filings/4/A/0001180955-06-000048

4/A//SEC Filing

CONSTELLATION VENTURE CAPITAL II LP 4/A

Accession 0001180955-06-000048

CIK 0001058444other

View on SEC.gov Company Profile

Filed

Jul 10, 8:00 PM ET

Accepted

Jul 11, 8:53 PM ET

Size

32.0 KB

Accession

0001180955-06-000048

Insider Transaction Report

Form 4/AAmended

Period: 2006-06-30

SAVVIS, Inc.SVVS

BEAR STEARNS ASSET MANAGEMENT INC

Director10% Owner

Transactions

Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)
Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)

Constellation Ventures Management II, LLC

Director10% Owner

Transactions

Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)
Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)

Friedman Clifford H

Director10% Owner

Transactions

Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)
Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)

BSC EMPLOYEE FUND IV LP

Director10% Owner

Transactions

Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)
Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)
Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)
Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)

CONSTELLATION VENTURE CAPITAL II LP

Director10% Owner

Transactions

Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)
Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)
Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)

BEAR STEARNS COMPANIES INC

Director10% Owner

Transactions

Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)

Constellation Venture Capital Offshore II, LP

Director10% Owner

Transactions

Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)

CVC II Partners, LLC

Director10% Owner

Transactions

Award
Common Stock
2006-06-30+1,911,310→ 2,117,629 total(indirect: By CVC)
Award
Common Stock
2006-06-30+42,289→ 46,865 total(indirect: By CVCP)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−234→ 0 total(indirect: By CVCP)
→ Common Stock (42,289 underlying)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−10,576→ 0 total(indirect: By CVC)
→ Common Stock (1,911,310 underlying)
Award
Common Stock
2006-06-30+757,223→ 838,961 total(indirect: By BSC)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−5,000→ 0 total(indirect: By Offshore)
→ Common Stock (903,607 underlying)
Award
Common Stock
2006-06-30+903,607→ 1,001,148 total(indirect: By Offshore)
Disposition to Issuer
Series A Convertible Redeemable Preferred Stock
2006-06-30−4,190→ 0 total(indirect: By BSC)
→ Common Stock (757,223 underlying)

Footnotes (3)

[F1]Pursuant to the Exchange and Recapitalization Agreement, dated as of May 10, 2006, and effective as of June 30, 2006, the Reporting Person exchanged all of its Series A Convertible Redeemable Preferred Stock for the number of shares of Common Stock indicated. Such exchange is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-7 and under Rules 16b-3(d) and (e). The Series A Convertible Redeemable Preferred Stock accrued dividends at the rate of 11.5% per annum, accreted quarterly, and was convertible at the holder's option into that number of shares of Common Stock equal to the accreted value of those shares together with accrued dividends, divided by the conversion price of $0.75 per share.
[F2]Reflects the one-for-fifteen reverse split of the Issuer's Common Stock that became effective on June 6, 2006.
[F3]The Bear Stearns Companies, Inc. ("BSCI") is the sole managing member of Constellation Ventures Management II, LLC ("Management") and is the parent company of Bear Stearns Asset Management Inc. ("BSAM"). Mr. Clifford H. Friedman is a member of Management and a senior managing director of BSAM. Management is the sole managing general partner of The BSC Employee Fund IV, L.P. ("BSC"), the sole general partner of Constellation Venture Capital II, L.P. ("CVC") and the sole general partner of Constellation Venture Capital Offshore II, L.P. ("Offshore"). BSAM is the sole managing member of CVC II Partners, LLC ("CVCP") and is the investment adviser to BSC, CVC, Offshore and CVCP. Each Reporting Person disclaims beneficial ownership of any securities that exceed its pecuniary interest in the securities held by these entities.

Documents

1 file

4
edgar.xml
PRIMARY DOCUMENT

Issuer

SAVVIS, Inc.

CIK 0001058444

→

Entity typeother

Related Parties

filerCIK 0001115990

Filing Metadata

Form type: 4/A
Filed: Jul 10, 8:00 PM ET
Accepted: Jul 11, 8:53 PM ET
Size: 32.0 KB

View on SEC.gov