UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 23, 2002
Quanta Services, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
1-13831 74-2851603
(Commission File Number) (IRS Employer Identification Number)
1360 Post Oak Boulevard, Suite 2100
Houston, Texas 77056
(Address of principal executive offices, including zip code)
713-629-7600
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Item 5. Other Events
On December 23, 2002, Quanta Services, Inc., a Delaware corporation
("Quanta"), issued a press release announcing the purchase by First Reserve Fund
IX, L.P., a Delaware limited partnership ("First Reserve") of 2,430,741 shares
of Quanta's Series E Preferred Stock (the "Series E Preferred Stock") for $30.00
per share. A copy of the press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference. Quanta issued the Series E Preferred Stock
pursuant to a Securities Purchase Agreement dated October 15, 2002 (the
"Purchase Agreement") between Quanta and First Reserve, as amended by Amendment
No. 1 to Securities Purchase Agreement (the "Amendment") on December 6, 2002.
Quanta previously filed the Purchase Agreement and the Amendment as exhibits to
Forms 8-K filed on October 22, 2002 and December 11, 2002 respectively.
Each share of Series E Preferred Stock will, upon stockholder approval, be
convertible into ten shares of Common Stock. Quanta has scheduled a special
stockholders' meeting for December 27, 2002 at which its stockholders will be
asked to approve, among other things, the convertibility of the Series E
Preferred Stock.
Pursuant to the Purchase Agreement, First Reserve previously purchased
8,666,666 shares of Common Stock from Quanta at a purchase price of $3.00 per
share on October 15, 2002.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements: None.
(b) Pro Forma Financial Information: None.
(c) Exhibits:
Exhibit No. Document
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99.1 Press Release of Quanta Services, Inc. dated December 23, 2002.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
QUANTA SERVICES, INC.
By: /s/ Dana A. Gordon
---------------------------------------
Dana A. Gordon
Vice President and General Counsel
December 24, 2002
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EXHIBIT INDEX
Exhibit No. Document
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99.1 Press Release of Quanta Services, Inc. dated December 23, 2002.
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