4//SEC Filing
SPECTRUM III INVESTMENT MANAGERS FUND LP 4
Accession 0001209191-05-038939
CIK 0001304421other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 7:31 PM ET
Size
24.8 KB
Accession
0001209191-05-038939
Insider Transaction Report
Form 4
SPECTRUM EQUITY INVESTORS IV LP
Director10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
2005-07-27$13.00/sh−638,940$8,306,220→ 111,076 total(indirect: See Footnotes) - Sale
Common Stock, par value $0.01 per share
2005-07-27$13.00/sh−5,805,504$75,471,552→ 1,009,241 total
Footnotes (4)
- [F1]Shares sold in issuer's initial public offering (which closed on July 27, 2005) pursuant to the issuer's registration statement on Form S-1 (333-121086).
- [F2]Of the shares held by the reporting persons following reported transactions, 1,009,241 shares of common stock are held by Spectrum Equity Investors IV, L.P. ("SEI4"); 12,019 shares of common stock are held by Spectrum IV Investment Managers' Fund, L.P. ("SIM4"); 5,958 shares of common stock are held by Spectrum Equity Investors Parallel IV, L.P. ("SEIP4"); 89,374 shares of common stock are held by Spectrum Equity Investors III, L.P. ("SEI3"); 2,793 shares of common stock are held by SEI III Entrepreneurs' Fund L.P. ("SEI3E") and 931 shares of common stock are held by Spectrum III Investment Managers' Fund L.P. ("SIM3"). Spectrum Equity Associates IV, L.P. ("SEA4") is the sole general partner of SEI4 and SEIP4. Spectrum Equity Associates III, L.P. ("SEA3") is the sole general partner of SEI3. SEI III Entrepreneurs' LLC ("SEI3LLC") is the sole general partner of SEI3E. Because these funds ultimately are under common management that shares the power to direct the (Cont. in Footnote #3)
- [F3]voting and disposition of the shares, each of these entities may be deemed to share beneficial ownership of the shares owned by the others. Each of these entities disclaims this beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purpose of Section 16 or for any other purpose, except to the extent of its pecuniary interest therein. Because decisions by each of the entities serving as the ultimate general partners of the individual funds in question are made by majority vote of either four or seven partners or members, as the case may be, no individual partner of SEA4, SIM4, SEA3 or SIM3, and no individual member of SEI3LLC, has the power alone to direct the voting or disposition of the shares, and no such individual has the power to prevent the voting or disposition of such shares over his objection.
- [F4]Kevin J. Maroni resigned as a director of the issuer effective July 27, 2005. He is a general partner or managing member of, and holds a miniority interest in, the funds of Spectrum Equity Investors IV, L.P. and its affiliates ("Spectrum Equity") that own shares of the issuer's common stock. As a result, Mr. Maroni may be deemed to share beneficial ownership of the shares of common stock owned by Spectrum Equity. Mr. Maroni disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that Mr. Maroni is the beneficial owner of the securities for purpose of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein. Mr. Maroni beneficially owns no shares directly.
Documents
Issuer
Consolidated Communications Illinois Holdings, Inc.
CIK 0001304421
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001090377
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 7:31 PM ET
- Size
- 24.8 KB