QUADRANGLE SELECT PARTNERS LP 4
4 · NTELOS HOLDINGS CORP · Filed Jun 23, 2006
Insider Transaction Report
Form 4
QUADRANGLE GP INVESTORS LLC
10% Owner
Transactions
- Conversion
Class B Common Stock, par value $0.01 per share
2006-06-21−12,262,880→ 0 total(indirect: By Affiliate)→ Common Stock (12,262,880 underlying) - Conversion
Common Stock, par value $0.01 per share
2006-06-21+12,262,880→ 12,262,880 total(indirect: By Affiliate)
Footnotes (3)
- [F1]The holders of NTELOS Holdings Corp.'s (the "Company") Class B Common Stock, par value $0.01 per share ("Class B Common Stock"), have the right under the Company's Restated Certificate of Incorporation to elect to convert shares of their Class B Common Stock into shares of the Company's Common Stock, par value $0.01 per share ("Common Stock"), at any time. Shares of Class B Common Stock are convertible into shares of Common Stock on a 1-for-1 basis, and have no expiration date.
- [F2]Includes 8,539,829 shares of Common Stock currently held by Quadrangle Capital Partners LP, 466,622 shares of Common Stock currently held by Quadrangle Select Partners LP and 3,256,429 shares of Common Stock currently held by Quadrangle Capital Partners-A LP. Quadrangle GP Investors LLC is the general partner of Quadrangle GP Investors LP, which is the general partner of each of the Quadrangle Funds.
- [F3]Each of the Reporting Persons named above disclaim beneficial ownership of the shares of Common Stock of the Issuer reported herein that are beneficially owned by each of the Quadrangle Funds, except to the extent of each of their pecuniary interest therein.