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TELETOUCH COMMUNICATIONS INC 4

Accession 0001181431-13-032233

CIK 0000928659operating

View on SEC.gov Company Profile

Filed

Jun 2, 8:00 PM ET

Accepted

Jun 3, 9:42 PM ET

Size

25.2 KB

Accession

0001181431-13-032233

Insider Transaction Report

Form 4

Period: 2011-08-18

TELETOUCH COMMUNICATIONS INCTLLE OB

STRATFORD CAPITAL PARTNERS LP

10% Owner

Transactions

Other
Put Option (Option to sell)
2011-08-18−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-11-17Exp: 2012-12-16→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-01-16−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-01-18Exp: 2013-03-01→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-05-30−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-05-30Exp: 2014-02-28→ Common Stock (15,000,000 underlying)
Expiration
Call Option (Obligation to sell)
2011-08-18−15,000,000→ 0 total
Exercise: $1.00From: 2011-08-18Exp: 2012-11-16→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-02-15−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-03-01Exp: 2013-05-30→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2012-12-07−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-12-16Exp: 2013-01-18→ Common Stock (15,000,000 underlying)

Holdings

Common Stock
17,610,000

STRATFORD CAPITAL CORP

10% Owner

Transactions

Expiration
Call Option (Obligation to sell)
2011-08-18−15,000,000→ 0 total
Exercise: $1.00From: 2011-08-18Exp: 2012-11-16→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2012-12-07−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-12-16Exp: 2013-01-18→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-05-30−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-05-30Exp: 2014-02-28→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2011-08-18−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-11-17Exp: 2012-12-16→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-02-15−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-03-01Exp: 2013-05-30→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-01-16−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-01-18Exp: 2013-03-01→ Common Stock (15,000,000 underlying)

Holdings

Common Stock
17,610,000

MUSE JOHN R

10% Owner

Transactions

Other
Put Option (Option to sell)
2011-08-18−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-11-17Exp: 2012-12-16→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-01-16−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-01-18Exp: 2013-03-01→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-05-30−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-05-30Exp: 2014-02-28→ Common Stock (15,000,000 underlying)
Expiration
Call Option (Obligation to sell)
2011-08-18−15,000,000→ 0 total
Exercise: $1.00From: 2011-08-18Exp: 2012-11-16→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2012-12-07−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-12-16Exp: 2013-01-18→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-02-15−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-03-01Exp: 2013-05-30→ Common Stock (15,000,000 underlying)

Holdings

Common Stock
17,610,000

STRATFORD CAPITAL GP ASSOCIATES, L.P.

10% Owner

Transactions

Other
Put Option (Option to sell)
2013-02-15−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-03-01Exp: 2013-05-30→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2011-08-18−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-11-17Exp: 2012-12-16→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2012-12-07−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2012-12-16Exp: 2013-01-18→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-01-16−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-01-18Exp: 2013-03-01→ Common Stock (15,000,000 underlying)
Other
Put Option (Option to sell)
2013-05-30−15,000,000→ 15,000,000 total
Exercise: $1.00From: 2013-05-30Exp: 2014-02-28→ Common Stock (15,000,000 underlying)
Expiration
Call Option (Obligation to sell)
2011-08-18−15,000,000→ 0 total
Exercise: $1.00From: 2011-08-18Exp: 2012-11-16→ Common Stock (15,000,000 underlying)

Holdings

Common Stock
17,610,000

Footnotes (7)

[F1]This Form 4 is filed on behalf of Stratford Capital Partners, L.P., a Texas limited partnership ("Stratford"), Stratford Capital GP Associates, L.P., a Texas limited partnership, Stratford Capital Corporation, a Texas corporation, and John R. Muse, an individual. The reported securities are owned directly by Stratford and indirectly by (i) Stratford Capital GP Associates, L.P., as the general partner of Stratford, and (ii) Stratford Capital Corporation, as the general partner of Stratford Capital GP Associates, L.P. John R. Muse is the sole director of Stratford Capital Corporation. Stratford Capital GP Associates, L.P., Stratford Capital Corporation and John R. Muse disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.
[F2]On August 18, 2011, as part of Stratford's acquisition of 15,000,000 shares of Common Stock of the issuer from TLL Partners L.L.C ("TLLP"), the shares became subject to (i) a call option permitting TLLP for a period of 15 months to purchase some or all of such shares at an exercise price of $1 per share. The call option expired on November 16, 2012.
[F3]Also as part of Stratford's acquisition of 15,000,000 shares of Common Stock on August 18, 2011, the shares became subject to a put option permitting Stratford to sell to TLLP for 30 days following the expiration of the call option some or all of such shares then held by Stratford at an exercise price of $1.00 per share.
[F4]TLLP and Stratford agreed, without any additional payment, to extend the put option described in note (3) until January 18, 2013.
[F5]TLLP and Stratford agreed, without any additional payment, to extend the put option described in note (3) until March 1, 2013.
[F6]TLLP and Stratford agreed, without any additional payment, to extend the put option described in note (3) until May 30, 2013.
[F7]TLLP and Stratford agreed, without any additional payment, to extend the put option described in note (3) until February 28, 2014.

Documents

3 files

Issuer

TELETOUCH COMMUNICATIONS INC

CIK 0000928659

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000928659

Filing Metadata

Form type: 4
Filed: Jun 2, 8:00 PM ET
Accepted: Jun 3, 9:42 PM ET
Size: 25.2 KB

View on SEC.gov