|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Sola Ltd C/O SOLUS ALTERNATIVE ASSET MGMT LP 410 PARK AVENUE, 11TH FLR NEW YORK, NY 10022 |
X | |||
Pucillo Christopher C/O SOLUS ALTERNATIVE ASSET MGMT LP 410 PARK AVENUE, 11TH FLR NEW YORK, NY 10022 |
X | |||
Solus GP LLC C/O SOLUS ALTERNATIVE ASSET MGMT LP 410 PARK AVENUE, 11TH FLR NEW YORK, NY 10022 |
X |
/s/ Christopher Pucillo as Director of Sola Ltd. | 02/10/2011 | |
**Signature of Reporting Person | Date | |
/s/ Christopher Pucillo as Managing Member of Solus GP LLC | 02/10/2011 | |
**Signature of Reporting Person | Date | |
/s/ Christopher Pucillo. | 02/10/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.180 to $0.2410, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
(2) | The securities to which this Form 4 relates are held directly by Sola Ltd, a Cayman Islands exempted company (the "Fund"). Solus Alternative Asset Management LP, a Delaware limited partnership ("Solus"), is a registered investment adviser that serves as investment adviser to the Fund and as such has discretion over the securities beneficially owned by the Fund. The Fund disclaims beneficial ownership of the shares directly held by the Fund. |
(3) | Solus GP LLC ("Solus GP") is the general partner of Solus. Solus GP does not beneficially own any such shares as the term "beneficial owner" is defined in Rule 16a-1(a)(2). |
(4) | Christopher Pucillo is the managing member of Solus GP. Mr. Pucillo disclaims beneficial ownership of the shares held directly by the Fund, except to the extent of the indirect pecuniary interest, if any, in such shares as a result of his interests in affiliates of Solus or the Fund. |