4//SEC Filing
ZTI MERGER SUBSIDIARY III INC 4
Accession 0001181431-03-032786
CIK 0001097703operating
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 9:28 PM ET
Size
8.5 KB
Accession
0001181431-03-032786
Insider Transaction Report
Form 4
TIMMINS JAMES D
Director
Transactions
- Disposition to Issuer
Common Stock
2003-11-13−2,810,328→ 0 total(indirect: See below.) - Conversion
Series B Preferred
2003-11-13−2,810,328→ 0 total(indirect: See below.)Exercise: $2.02→ Common Stock (2,810,328 underlying) - Conversion
Common Stock
2003-11-13+2,810,328→ 2,810,328 total(indirect: See below.)
Footnotes (4)
- [F1]Shares of preferred stock were converted into the same number of shares of the issuer's common stock immediately prior to the merger.
- [F2]See attached footnote exhibit.
- [F3]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 Market and prior to a four-to-one reverse stock split which occurred immediately prior to the merger).
- [F4]Not applicable.
Documents
Issuer
ZTI MERGER SUBSIDIARY III INC
CIK 0001097703
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001097703
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 9:28 PM ET
- Size
- 8.5 KB