-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MPppiyzX3R0kQaa8cjJxM/Q4CgM9driY5jgAlWXWB+pKfL7SmK9fOIGgm5P49OqZ zKwwAwZzyN9F10bEfOdhpg== 0000912057-00-006323.txt : 20000215 0000912057-00-006323.hdr.sgml : 20000215 ACCESSION NUMBER: 0000912057-00-006323 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000214 GROUP MEMBERS: JOHN W. KLUGE GROUP MEMBERS: METROMEDIA CO ET AL GROUP MEMBERS: STUART SUBOTNICK SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: METROMEDIA FIBER NETWORK INC CENTRAL INDEX KEY: 0001043533 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 113168327 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-52465 FILM NUMBER: 539747 BUSINESS ADDRESS: STREET 1: C/O METROMEDIA FIBER NETWORK SER INC STREET 2: 1 NORTH LEXINGTON AVE CITY: WHITE PLAINS STATE: NY ZIP: 10601 BUSINESS PHONE: 9144216700 MAIL ADDRESS: STREET 1: C/O METROMEDIA FIBER NETWORK SER INC STREET 2: 1 NORTH LEXINGTON AVE CITY: WHITE PLAINS STATE: NY ZIP: 10601 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL FIBER NETWORK INC DATE OF NAME CHANGE: 19970806 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: METROMEDIA CO ET AL CENTRAL INDEX KEY: 0000065322 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 621293303 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: ONE HARMON PLZ CITY: SECAUCUS STATE: NJ ZIP: 07094 BUSINESS PHONE: 2013483244 SC 13G/A 1 SCHEDULE 13G/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 - -------------------------------------------------------------------------------- SCHEDULE 13G/A (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(b) (AMENDMENT NO. 3) Metromedia Fiber Network, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 591689104 - -------------------------------------------------------------------------------- (CUSIP Number) Arnold L. Wadler, Esq., c/o Metromedia Company, One Meadowlands Plaza, East Rutherford, New Jersey 07073 (201) 531-8050 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 17, 1999 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) / / Rule 13d-1(c) / X / Rule 13d-1(d) The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - ------------------------- ---------------------- CUSIP NO. 5916891014 13G/A PAGE 2 OF 6 PAGES - ------------------------- ---------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Metromedia Company - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / X / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 31,462,048 (31,462,048 shares of Class B Common Stock, par value $.01 per share, freely convertible into NUMBER OF shares of Class A Common Stock at a rate of one share SHARES of Class A Common Stock for each share of Class B BENEFICIALLY Common Stock) OWNED BY ------------------------------------------------------------ EACH 6 SHARED VOTING POWER REPORTING PERSON ------------------------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 31,462,048 (31,462,048 shares of Class B Common Stock, par value $.01 per share, freely convertible into shares of Class A Common Stock at a rate of one share of Class A Common Stock for each share of Class B Common Stock) --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 31,462,048 (31,462,048 shares of Class B Common Stock, par value $.01 per share, freely convertible into shares of Class A Common Stock at a rate of one share of Class A Common Stock for each share of Class B Common Stock) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.1% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- - ------------------------- ---------------------- CUSIP NO. 5916891014 13G/A PAGE 3 OF 6 PAGES - ------------------------- ---------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) John W. Kluge - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / X / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 1,863,550 (represents presently exercisable options to NUMBER OF acquire 1,863,550 shares of class A common stock at an SHARES exercise price of $0.24625 per share) BENEFICIALLY ------------------------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH REPORTING 31,462,048 (31,462,048 shares of class B common stock, PERSON par value $.01 per share, freely convertible into WITH shares of class A common stock at a rate of one share of class A common stock for each share of class B common stock, owned by Metromedia Company, of which Mr. Kluge is a general partner) ------------------------------------------------------------ 7 SOLE DISPOSITIVE POWER 1,863,550 (represents presently exercisable options to acquire 1,863,550 shares of class A common stock at an exercise price of $0.24625 per share) ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 31,462,048 (31,462,048 shares of class B common stock, par value $.01 per share, freely convertible into shares of class A common stock at a rate of one share of class A common stock for each share of class B common stock, owned by Metromedia Company, of which Mr. Kluge is a general partner) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,325,598 (31,462,048 shares of class B common Stock owned by Metromedia Company, of which Mr. Kluge is a general partner, and 1,863,550 presently exercisable options to acquire shares of class A common stock at an exercise price of $0.24625 per share) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- - ------------------------- ---------------------- CUSIP NO. 5916891014 13G/A PAGE 4 OF 6 PAGES - ------------------------- ---------------------- - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Stuart Subotnick - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / X / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,673,974 (represents presently exercisable options to acquire 1,366,750 shares of class A common stock at an NUMBER OF exercise price of $0.24625 per share and 2,307,224 shares SHARES of class B common stock (70,000 of which are owned by the BENEFICIALLY Subotnick Family Trust u/a dated November 5, 1998, 5,000 OWNED BY of which are owned by the Bryan Subotnick 1999 Trust u/a EACH dated October 29, 1999 and 5,000 of which are owned by the REPORTING Paula Block 1999 Trust u/a dated October 29, 1999. Each PERSON trust agreement is between Stuart Subotnick as Grantor WITH and Anita Subotnick as Trustee)). ------------------------------------------------------------ 6 SHARED VOTING POWER 31,462,048 (31,462,048 shares of Class B Common Stock, par value $.01 per share, freely convertible into shares of class A common stock at a rate of one share of class A common stock for each share of class B common stock, owned by Metromedia Company, of which Mr. Subotnick is general partner.) ------------------------------------------------------------ 7 SOLE DISPOSITIVE POWER 3,673,974 (represents presently exercisable options to acquire 1,366,750 shares of class A common stock at an exercise price of $0.24625 per share and 2,307,224 shares of class B common stock (70,000 of which are owned by the Subotnick Family Trust, 5,000 of which are owned by the Bryan Subotnick 1999 Trust and 5,000 of which are owned by the Paula Block 1999 Trust)). ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 31,462,048 (31,462,048 shares of Class B Common stock owned by Metromedia Company, of which Mr. Subotnick is a general partner). - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 35,136,022 (includes 33,769,272 shares of Class B Common Stock, of which (i) 70,000 shares are owned by the Subotnick Family Trust u/a dated November 5, 1998, 5,000 are owned by the Bryan Subotnick 1999 Trust and 5,000 of which are owned by the Paula Block 1999 Trust and (ii) 31,462,048 shares are owned by Metromedia Company, of which Mr. Subotnick is a general partner; and 1,366,750 presently exercisable options to acquire shares of class A common stock at an exercise price of $0.24625 per share.) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.6% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ITEM 4. OWNERSHIP See responses to Items 5,6,7,8,9, and 11 of Cover Pages. On October 29, 1999, Stuart Subotnick gifted 5,000 shares of Class B Common Stock to the Bryan Subotnick 1999 Trust u/a dated October 29, 1999 between Stuart Subotnick as Grantor and Anita Subotnick as Trustee. Also on October 29, 1999, Mr. Subotnick gifted 5,000 shares of Class B Common Stock to the Paula Block 1999 Trust u/a dated October 29, 1999 between Stuart Subotnick as Grantor and Anita Subotnick as Trustee. On November 17, 1999, DECS Trust VI completed a registered offering of 10,000,000 DECS. DECS Trust VI, which is a closed-end management investment company and not affiliated with Metromedia Fiber Network, Inc. ("Metromedia Fiber"), entered into prepaid forward contracts with Stephen A. Garofalo, Metromedia Company, John W. Kluge and Stuart Subotnick pursuant to which holders of the DECs may receive cash and/or shares of Metromedia Fiber class A common stock on or about November 15, 2002. Messrs. Garofalo, Kluge and Subotnick and Metromedia Company remain the beneficial owners of all shares of class A common stock that may be delivered on November 15, 2002. The DECS were issued at $39.4375 per DECS. On November 19, 1999, the underwriters for that offering exercised the over-allotment option granted to them under an underwriting agreement relating to the DECS transactions and accordingly DECS Trust VI sold 1,500,000 additional DECS. Also on November 17, 1999, certain stockholders of Metromedia Fiber, including Mr. Kluge and Mr. Subotnick, sold 4,895,000 shares of Metromedia Fiber's class A common stock in an underwritten public offering at $39.4375. Mr. Kluge exercised options to purchase 143,000 shares of class A common stock, and Mr. Subotnick exercised options to purchase 575,000 shares of class A common stock and immediately sold such shares in the underwritten public offering. On November 19, 1999, the underwriters for that offering exercised the over-allotment option granted to them under an underwriting agreement and accordingly the stockholders, including Mr. Kluge and Mr. Subotnick, sold 734,250 additional shares of class A common stock. Mr. Kluge sold 21,450 shares of class A common stock and Mr. Subotnick sold 86,250 shares of class A common stock in accordance with the exercise of the over-allotment option. Page 5 of 6 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2000 Metromedia Company By: /s/ Stuart Subotnick ---------------------- Name: Stuart Subotnick Title: Executive Vice President /s/ John W. Kluge ----------------- John W. Kluge /s/ Stuart Subotnick -------------------- Stuart Subotnick Page 6 of 6 -----END PRIVACY-ENHANCED MESSAGE-----