4//SEC Filing
ZTI MERGER SUBSIDIARY III INC 4
Accession 0001255224-03-000176
CIK 0001097703operating
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 5:52 PM ET
Size
10.8 KB
Accession
0001255224-03-000176
Insider Transaction Report
Form 4
TRAINOR III EUGENE A
10% Owner
Transactions
- Conversion
Common Stock
2003-11-13$4.00/sh+537,500$2,150,000→ 537,500 total(indirect: See Note 1) - Conversion
Common Stock
2003-11-13$2.02/sh+1,278,732$2,587,898→ 1,278,732 total(indirect: See Note 1) - Disposition from Tender
Common Stock
2003-11-13−1,816,232→ 0 total(indirect: See Note 1) - Conversion
Series AA Preferred
2003-11-13$4.00/sh−537,500$2,150,000→ 0 total(indirect: See Note 1)Exercise: $4.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (537,500 underlying) - Conversion
Series B Preferred
2003-11-13$2.02/sh−1,278,732$2,587,898→ 0 total(indirect: See Note 1)Exercise: $2.02From: 1988-08-08Exp: 1988-08-08→ Common Stock (1,278,732 underlying)
Footnotes (3)
- [F1]The Reporting Person is a general partner of NEA Partners 10, L.P., the general partner of New Enterprise Associates 8A, L.P.(the "NEA 8A"). The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, of such portion of the NEA 8A shares in which the reporting person has no actual pecuniary interest.
- [F2]The Reporting Person previously indirectly held through New Enterprise Associates 8A, Limited Partnership 537,500 shares of Zhone Series AA preferred stock and 1,278,732 shares of Zhone Series B preferred stock. Such Series AA preferred stock and such Series B preferred stock were converted into 537,500 shares and 1,278,732 shares, respectively, of Zhone common stock prior to the consummation of the merger effected pursuant to a merger agreement (the "Merger Agreement") between Zhone Technologies, Inc. ("Zhone") and Tellium, Inc., which subsequently changed its named to Zhone Technologies, Inc. ("Tellium"). Pursuant to the Merger Agreement, such shares of Zhone common stock were disposed of in exchange for 853,683 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).
- [F3]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 17, 7:00 PM ET
- Accepted
- Nov 18, 5:52 PM ET
- Size
- 10.8 KB