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ZTI MERGER SUBSIDIARY III INC 4

Accession 0001181431-03-031501

CIK 0001097703operating

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 9:08 PM ET

Size

8.5 KB

Accession

0001181431-03-031501

Insider Transaction Report

Form 4
Period: 2003-11-13
Transactions
  • Conversion

    Series AA Preferred Stock

    2003-11-13118,7500 total(indirect: See below.)
    Exercise: $4.00Common Stock (118,750 underlying)
  • Conversion

    Series B Preferred

    2003-11-1313,3180 total(indirect: See below.)
    Exercise: $2.02Common Stock (13,318 underlying)
  • Disposition to Issuer

    Common Stock

    2003-11-13381,818381,818 total(indirect: See below.)
  • Conversion

    Common Stock

    2003-11-13+132,068132,068 total(indirect: See below.)
Footnotes (4)
  • [F1]Each share of the issuer's common stock was disposed of pursuant to a merger agreement between the issuer and Tellium, Inc. (which subsequently changed its name to Zhone Technologies, Inc.) ("Tellium") in exchange for .47 shares of Tellium common stock. On the effective date of the merger, there was no market for Zhone's common stock, and the closing price of Tellium's common stock was $1.69 per share (as reported on the Nasdaq SmallCap Market and prior to a four-to-one reverse stock split which occurred immediately prior to the merger).
  • [F2]Held by Mr. Dahl as Trustee of the Dahl Family Trust Dated October 1, 1989, as amended.
  • [F3]Shares of preferred stock were converted into the same number of shares of the issuer's common stock immediately prior to the merger.
  • [F4]Not applicable.

Documents

1 file

Issuer

ZTI MERGER SUBSIDIARY III INC

CIK 0001097703

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001097703

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 9:08 PM ET
Size
8.5 KB