-----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, QXMWA81miQIWfNJvSZU7EqA7q4zISWgcIJYZQ6grpHQEQMg0GaxkH72wX8ysqiA7 9sPx4SL996LsePg9rHyWBw== 0000950134-98-001551.txt : 19980226 0000950134-98-001551.hdr.sgml : 19980226 ACCESSION NUMBER: 0000950134-98-001551 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980225 SROS: NONE GROUP MEMBERS: PRIME CABLE GP INC GROUP MEMBERS: PRIME CABLE GROWTH PARTNERS LP GROUP MEMBERS: PRIME CABLE LIMITED PARTNERSHIP GROUP MEMBERS: PRIME II MANAGEMENT GROUP INC GROUP MEMBERS: PRIME II MANAGEMENT INC GROUP MEMBERS: PRIME II MANAGEMENT LP GROUP MEMBERS: PRIME INVESTORS LP GROUP MEMBERS: PRIME VENTURE I HOLDINGS LP GROUP MEMBERS: PRIME VENTURE I INC GROUP MEMBERS: PRIME VENTURE II LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL COMMUNICATION INC CENTRAL INDEX KEY: 0000808461 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 920072737 STATE OF INCORPORATION: AK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-38452 FILM NUMBER: 98549505 BUSINESS ADDRESS: STREET 1: 2550 DENALI ST STE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 BUSINESS PHONE: 9072655600 MAIL ADDRESS: STREET 1: 2550 DENALI STREET STREET 2: SUITE 1000 CITY: ANCHORAGE STATE: AK ZIP: 99503 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRIME CABLE GROWTH PARTNERS LP CENTRAL INDEX KEY: 0000816342 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O PRIME GP INC 3000 ONE AMERICAN CTR STREET 2: 600 CONGRESS ST CITY: AUSTIN STATE: TX ZIP: 78701 BUSINESS PHONE: 5124767888 MAIL ADDRESS: STREET 1: C/O PRIME GP INC 3000 ONE AMERICAN CTR STREET 2: 600 CONGRESS AVE CITY: AUSTIN STATE: TX ZIP: 78701 SC 13D/A 1 AMENDMENT NO. 2 TO SCHEDULE 13D - PRIME CABLE 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20649 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) General Communication, Inc. --------------------------- (Name of Issuer) Class A Common Stock -------------------- (Title of Class of Securities) 369385 10 9 ----------- (CUSIP Number) William P. Glasgow Prime II Management, Inc. 3000 One American Center 600 Congress Avenue Austin, Texas 78701 (512) 476-7888 ------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 5, 1997 and February 12, 1998 (Date of Event Which Requires Filing of this Report) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with this report [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of less than five percent of such class. See Rule 13d-7.) Note: Six copies of this report, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The Information required on 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). 2 Page 2 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person: S.S. or I.R.S. Identification No. of Above Person: PRIME CABLE GROWTH PARTNERS, L.P. 74-2454047 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power NONE - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person NONE - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) NOT APPLICABLE - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 3 Page 3 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person: S.S. or I.R.S. Identification No. of Above Person: PRIME VENTURE I HOLDINGS, L.P. 74-2547375 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power NONE - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person NONE - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) NOT APPLICABLE - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 4 Page 4 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person: S.S. or I.R.S. Identification No. of Above Person: PRIME II MANAGEMENT GROUP, INC. 74-2538778 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization TEXAS - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power NONE - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person NONE - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) NOT APPLICABLE - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 5 Page 5 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person: S.S. or I.R.S. Identification No. of Above Person: PRIME VENTURE I, INC. 74-2382188 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power 293,702 - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 293,702 - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) Less than 1% - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 6 Page 6 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person: S.S. or I.R.S. Identification No. of Above Person: PRIME CABLE LIMITED PARTNERSHIP 74-2435712 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power NONE - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person NONE - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) NOT APPLICABLE - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 7 Page 7 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person: S.S. or I.R.S. Identification No. of Above Person: PRIME CABLE GP, INC. 74-2518134 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power NONE - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person NONE - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) NOT APPLICABLE - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 8 Page 8 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person: S.S. or I.R.S. Identification No. of Above Person: PRIME VENTURE II, L.P. 74-2536635 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power NONE - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person NONE - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) NOT APPLICABLE - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 9 Page 9 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person PRIME INVESTORS, L.P. 74-2536634 S.S. or I.R.S. Identification No. of Above Person - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power NONE by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power NONE - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person NONE - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares: [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) NOT APPLICABLE - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 10 Page 10 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person PRIME II MANAGEMENT, L.P. S.S. or I.R.S. Identification No. of Above Person 74-2609500 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power 171,783 by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power 171,783 - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 171,783 - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares: [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) Less than 1% - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 11 Page 11 of 31 CUSIP No. 369385 10 9 1) Name of Reporting Person PRIME II MANAGEMENT, INC. S.S. or I.R.S. Identification No. of Above Person 74-2351797 - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] - -------------------------------------------------------------------------------- 3) SEC Use Only _____________________________________________ - -------------------------------------------------------------------------------- 4) Source of Funds NOT APPLICABLE (See Item 3) - -------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): __ NOT APPLICABLE - -------------------------------------------------------------------------------- 6) Citizenship or Place of Organization DELAWARE - -------------------------------------------------------------------------------- Number of Shares (7) Sole Voting Power NONE Beneficially Owned (8) Shared Voting Power 171,783 by Each Reporting (9) Sole Dispositive Power NONE Person With (10) Shared Dispositive Power 171,783 - -------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 171,783 - -------------------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares : [ ] - -------------------------------------------------------------------------------- 13) Percent of Class Requested by Amount in Row (11) Less than 1% - -------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------- 12 Page 12 of 31 ITEM 1. SECURITY AND ISSUER This Statement on Schedule 13D relates to the Class A Common Stock, no par value (the "Class A Common Stock") of General Communication, Inc. (the "Company"), which, to the best knowledge of the reporting persons jointly filing this Statement, has its principal executive office at 2550 Denali Street, Suite 1000, Anchorage, Alaska 99503. ITEM 2. IDENTITY AND BACKGROUND The reporting persons jointly filing this Statement containing the information required by Schedule 13D with respect to the Class A Common Stock are Prime Cable Growth Partners, L.P., Prime Venture I Holdings, L.P., Prime II Management Group, Inc., Prime Venture I, Inc., Prime Cable Limited Partnership, Prime Cable GP, Inc., Prime Venture II, L.P., Prime Investors, L.P., Prime II Management, L.P., and Prime II Management, Inc. (collectively, the "Prime Holders" and, individually, a "Prime Holder"). Prime Cable Growth Partners, L.P. is a Delaware limited partnership ("Prime Growth") of which Prime Venture I Holdings, L.P. and Prime Venture I, Inc. are the general partners. The principal office and principal business address of Prime Growth is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of Prime Growth is to invest directly and indirectly in cable television systems. Prime Venture I Holdings, L.P. is a Delaware limited partnership ("Prime Holdings"), of which Prime II Management Group, Inc. and Prime Venture I, Inc. are the general partners. The principal office and principal business address of Prime Holdings is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of Prime Holdings is to invest directly and indirectly in cable television systems. Prime II Management Group, Inc. is a Texas corporation ("PIIMG"). The principal office and principal business address of PIIMG is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of PIIMG is to act as general partner of Prime Holdings. PIIMG is controlled by its board of directors. Prime Venture I, Inc. is a Delaware corporation ("PVI"). The principal office and principal business address of PVI is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of PVI is to invest directly and indirectly in cable television systems. PVI is controlled by its board of directors. Prime Cable Limited Partnership is a Delaware limited partnership ("PCLP"), of which Prime Cable GP, Inc. is the general partner. The principal office and principal business address of PCLP is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. PCLP is currently in the process of liquidating its assets and intends to dissolve. 13 Page 13 of 31 Prime Cable GP, Inc. is a Delaware corporation ("PCGP"). The principal office and principal business address of PCGP is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of PCGP is to act as general partner of PCLP. PCGP is controlled by its board of directors. Prime Venture II, L.P. is a Delaware limited partnership ("PVII"), of which Prime Investors, L.P. is the general partner. The principal office and principal business address of PVII is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of PVII is to invest directly and indirectly in cable television systems. Prime Investors, L.P. is a Delaware limited partnership ("Prime Investors"), of which Prime II Management, L.P. is the general partner. The principal office and principal business address of Prime Investors is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of Prime Investors is to act as general partner of PVII. Prime II Management, L.P. is a Delaware limited partnership ("PIIM"), of which Prime II Management, Inc. is the general partner. The principal office and principal business address of PIIM is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of PIIM is to manage and make direct and indirect investments in cable television systems. Prime II Management, Inc. is a Delaware corporation ("PIIMI"). The principal office and principal business address of PIIMI is 3000 One American Center, 600 Congress Avenue, Austin, Texas 78701. The principal business of PIIMI is to act as general partner in PIIM. PIIMI is controlled by its board of directors. During the last five years, none of the Prime Holders has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), and during the last five years, none of the Prime Holders has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as the result of which it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Prime Holdings, Prime Growth, PCLP, PVII and PIIM (collectively, the "Prime Voting Group") were, prior to December 5, 1997, parties to the voting agreement dated October 31, 1996 (the "New Voting Agreement"), which was incorporated by reference into the Schedule 13D amended hereby. In addition to the Prime Voting Group, the other original parties to the New Voting Agreement were: Austin Ventures, L.P. ("AVLP"), William Blair Venture Partners III Limited Partnership ("Blair"), Centennial Fund III, L.P. ("CFIII"), BancBoston Capital, Inc. ("BBCI"), First Chicago Investment Corporation ("First Chicago"), Madison Dearborn Partners V ("MDP"), MCI Telecommunications Corporation ("MCI"), TCI GCI, Inc. ("TCI"), Ronald A. Duncan ("Duncan") and Robert M. Walp ("Walp") (collectively, together with the Prime Voting Group, the "Voting Group"). The Voting Agreement governs the voting of the Class A Common Stock and the Class 14 Page 14 of 31 B Common Stock, no par value (the "Class B Common Stock") owned by the parties thereto, which originally consisted of the members of the Voting Group. The Class B Common Stock is convertible on a share-per-share basis into Class A Common Stock at any time at the option of the owner of the Class B Common Stock. As a result of the Class B Common Stock's conversion feature into Class A Common Stock, and as a result of the New Voting Agreement, the Voting Group might have been deemed to be the beneficial owner in the aggregate of more than five percent (5%) of the outstanding Class A Common Stock. Pursuant to that certain 1997 Amendment No. 1 to Voting Agreement dated as of December 5, 1997, the members of the Prime Voting Group withdrew as parties to the New Voting Agreement. TCI had previously withdrawn as a member of the Voting Group. In addition, on February 12, 1998, Prime Growth, Prime Holdings, PCLP and PVII (together, the "Original Prime Holders") distributed all of the shares of Class A Common Stock held by them to their respective partners. As a result of such withdrawal from the New Voting Agreement and such distribution of shares by the Original Prime Holders, no member of the Prime Voting Group holds five percent (5%) or more of the outstanding Class A Common Stock. (See Item 5 for the discussion of the Class A Common Stock owned by the Prime Holders.) Each Prime Holder states that the filing of this Statement shall not be construed as an admission that such Prime Holder is, for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Statement other than those shares of Class A Common Stock in which such Prime Holder has a pecuniary interest. No Prime Holder has a pecuniary interest in shares of Class B Common Stock. (See Item 5 for the discussion of the Class A Common Stock owned by the Prime Holders.) ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION NOT APPLICABLE ITEM 4. PURPOSE OF TRANSACTION. NOT APPLICABLE ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) Pursuant to Rule 13d-3, for purposes of Section 13(d) and 13(g) of the Act, a beneficial owner of a security includes any person who, directly or indirectly, through contract, arrangement, understanding, relationship or otherwise has or shares: (1) voting power which includes the power to vote, or direct the voting of, such security; and/or (2) investment power which includes the power to dispose of, or to direct the disposition of, such security. As described in Item 2, the following direct or indirect general partners of the Original Prime Holders, who received shares of Class A Common Stock in connection with the distribution of shares of Class A Common Stock by the Original Prime Holders, may be deemed to share voting power and investment power with respect to the shares of Class A Common Stock held by them, and may thereby be deemed to be beneficial 15 Page 15 of 31 owners thereof: PIIM, PVI and PIIMI (the "New Prime Holders"). The New Prime Holders, as a group, do not own five percent (5%) or more of the outstanding shares of Class A Common Stock. Each Prime Holder states that the filing of this Statement shall not be construed as an admission that each such Prime Holder is, for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of any securities covered by this Statement other than those shares of Class A Common Stock in which such Prime Holder has a pecuniary interest as set forth below in Appendix B. No Prime Holder has a pecuniary interest in shares of Class B Common Stock. (b) See Items 7-10 on the cover page with respect to each reporting person jointly filing this Statement. (c) A 1997 Amendment No. 1 to Voting Agreement was executed and delivered on or about December 30, 1997 to be effective as of December 5, 1997 by the Company, MCI, Walp, Duncan and PIIM. Pursuant to such 1997 Amendment No. 1 to Voting Agreement, the Original Prime Holders and PIIM withdrew as parties to the New Voting Agreement. On February 12, 1998 the Original Prime Holders distributed all of their respective shares of Class A Common Stock to their respective partners. In addition, Prime Investors, PIIMG and PCGP contemporaneously therewith distributed the shares of Class A Common Stock received by them in connection with such distribution to their respective partners and shareholders. The number of shares of Class A Common Stock so distributed is set forth below: 16 Page 16 of 31
Number of Shares Distributed on Prime Holders February 12, 1998 ------------- ----------------- Prime Venture I Holdings, L.P(1),(2) 1,498,233 Prime Cable Growth Partners, L.P(2) 1,731,042 Prime Cable Limited Partnership 1,414,398 Prime Venture II, L.P. 785,778 Prime Investors, L.P(3) 7,858 Prime II Management, Group, Inc(4) 406,236 Prime Cable GP, Inc.(5) 14,144
(d) No person other than the New Prime Holders has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. (e) As a result of the transactions described in Items 2 and 5(c) above, on February 12, 1998, the Prime Holders ceased to be deemed to be beneficial owners of more than five percent (5%) of the Class A Common Stock. As a consequence, the Prime Holders are no longer subject to the filing requirements of Rule 13d. - ---------------------- (1) Includes shares received in its capacity as a partner of Prime Cable Growth Partners, L.P. (2) Includes shares received in its capacity as a partner of Prime Investors, L.P. (3) Shares received in its capacity as a partner of Prime Venture II, L.P. (4) Shares received in its capacity as a general partner of Prime Venture I Holdings, L.P. (5) Shares received in its capacity as a partner of Prime Cable Limited Partnership 17 Page 17 of 31 ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. A 1997 Amendment No. 1 to Voting Agreement was executed and delivered as of December 5, 1997 by the Company, MCI, Walp, Duncan and PIIM. Pursuant to such 1997 Amendment No. 1 to Voting Agreement, the Original Prime Holders and PIIM withdrew as parties to the New Voting Agreement. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. A true, complete and correct copy of 1997 Amendment No. 1 to Voting Agreement dated December 5, 1997 is attached hereto as Exhibit A. The Joint Filing Agreement is hereby filed as Exhibit B to this Statement and incorporated by reference herein. SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned hereby certify that the information set forth in this Statement is true, complete and correct. Dated: February 19, 1998. PRIME II MANAGEMENT, L.P. By: Its General Partner Prime II Management, Inc. By: /s/ WILLIAM P. GLASGOW ----------------------------- Name: William P. Glasgow ----------------------------- Title: President ----------------------------- PRIME II MANAGEMENT, INC. By: /s/ WILLIAM P. GLASGOW ----------------------------- Name: William P. Glasgow ----------------------------- Title: President ----------------------------- 18 Page 18 of 31 PRIME VENTURE I HOLDINGS, L.P. By: Its General Partners Prime Venture I, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- and Prime II Management Group, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- PRIME VENTURE I, INC. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- PRIME II MANAGEMENT GROUP, INC. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- 19 Page 19 of 31 PRIME CABLE GROWTH PARTNERS, L.P. By: Its General Partners Prime Venture I, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- and Prime Venture I Holdings, L.P. By: Its General Partners Prime Venture I, Inc. By: /s/ WILLIAM P. GLASGOW ------------------------ Name: William P. Glasgow ---------------------- Title: President --------------------- and Prime II Management Group, Inc. By: /s/ WILLIAM P. GLASGOW ------------------------ Name: William P. Glasgow ---------------------- Title: President --------------------- 20 Page 20 of 31 PRIME CABLE LIMITED PARTNERSHIP By: Its General Partner Prime Cable GP, Inc. By: /s/ WILLIAM P. GLASGOW ------------------------------ Name: William P. Glasgow ---------------------------- Title: President --------------------------- PRIME CABLE GP, INC. By: /s/ WILLIAM P. GLASGOW ------------------------------ Name: William P. Glasgow ---------------------------- Title: President --------------------------- PRIME VENTURE II, L.P. By: Its General Partner Prime Investors, L.P. By: Its General Partner Prime II Management, L. P. By: /s/ WILLIAM P. GLASGOW ------------------------- Name: William P. Glasgow ----------------------- Title: President ---------------------- By: Its General Partner Prime II Management, Inc. By: /s/ WILLIAM P. GLASGOW ------------------------- Name: William P. Glasgow ----------------------- Title: President ---------------------- 21 Page 21 of 31 PRIME INVESTORS, L.P. By: Its General Partner Prime II Management, L. P. By: Its General Partner Prime II Management, Inc. By: /s/ WILLIAM P. GLASGOW ------------------------- Name: William P. Glasgow ----------------------- Title: President ---------------------- The original report shall be signed by each person on whose behalf the report is filed or his authorized representative. If the report is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the report, provided, however that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the report shall be typed or printed beneath his signature hereby filed as Exhibits to this Statement and hereby incorporated by reference: ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001). 22 Page 22 of 31 APPENDIX A DIRECTORS AND EXECUTIVE OFFICERS OF CERTAIN PRIME HOLDERS 23 Page 23 of 31 DIRECTORS AND EXECUTIVE OFFICERS OF PRIME II MANAGEMENT, INC.
NAME RESIDENCE OR PRINCIPAL OCCUPATION NAME AND ADDRESS BUSINESS ADDRESS OR EMPLOYMENT OF CORPORATION IN WHICH SUCH EMPLOYMENT IS CONDUCTED - ----------------------------------------------------------------------------------------------------------------------------------- Robert W. Hughes 3000 One American Center Director and Chairman of the Prime II Management, Inc. 600 Congress Avenue Board of Prime II Management, 3000 One American Center Austin, Texas 78701 Inc. 600 Congress Avenue Austin, Texas 78701 Michael Sherwin Mid-West Holdings General Partner of Mid-West Mid-West Holdings Limited Partnership Limited Partnership Holdings Limited Partnership Corporate Ninety-Suite 370 Corporate Ninety-Suite 370 2550 Som Center Road 2550 Som Center Road Willoughby Hills, OH 44094 Willoughby Hills, OH 44094 Gregory S. Marchbanks 3000 One American Center Director and Chief Executive Officer Prime II Management, Inc. 600 Congress Avenue of Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Paul-Henri Denuit Rue des Deux Eglises 26 Director, Coditel Invest B.V. and Coditel Invest B.V./Coditel U.S., Inc. Brussels, Belgium 1040 President, Coditel U.S., Inc. Rue des Deux Eglises 26 Brussels, Belgium 1040 Brian Greenspun 800 South Valley View Blvd. Newspaper Publisher & Editor Las Vegas Sun, Inc. Las Vegas, NV 89107 President, Las Vegas Sun, Inc. 800 South Valley View Blvd. Las Vegas, NV 89107 William P. Glasgow 3000 One American Center President, Prime II Management, Inc. Prime II Management, Inc. 600 Congress Avenue 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Jerry D. Lindauer 3000 One American Center Senior Vice President Prime II Management, Inc. 600 Congress Avenue Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Allan R. Barnes 3000 One American Center Senior Vice President and Chief Prime II Management, Inc. 600 Congress Avenue Operating Officer, Prime II 3000 One American Center Austin, Texas 78701 Management, Inc. 600 Congress Avenue Austin, Texas 78701 Daniel J. Pike 3000 One American Center Senior Vice President Prime II Management, Inc. 600 Congress Avenue Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701
To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) in the last five years. To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. To the best of each of the Reporting Person's knowledge, all of the above individuals are United States citizens with the exception of #4 (Paul-Henri Denuit), who is a citizen of Belgium. 24 Page 24 of 31 DIRECTORS AND EXECUTIVE OFFICERS OF PRIME CABLE GP, INC.
NAME RESIDENCE OR PRINCIPAL OCCUPATION NAME AND ADDRESS BUSINESS ADDRESS OR EMPLOYMENT OF CORPORATION IN WHICH SUCH EMPLOYMENT IS CONDUCTED - ----------------------------------------------------------------------------------------------------------------------------------- Robert W. Hughes 3000 One American Center Director and Chairman of the Prime II Management, Inc. 600 Congress Avenue the Board of Prime II Management, 3000 One American Center Austin, Texas 78701 Inc. 600 Congress Avenue Austin, Texas 78701 Michael Sherwin Mid-West Holdings General Partner of Mid-West Mid-West Holdings Limited Partnership Limited Partnership Holdings Limited Partnership Corporate Ninety, Suite 370 Corporate Ninety, Suite 370 2550 Som Center Road 2550 Som Center Road Willoughby Hills, OH 44094 Willoughby Hills, OH 44094 John H. Wilson, III 1500 Three Lincoln Center President, U.S. Equity Corp. U.S. Equity Corporation 5430 LBJ Freeway 1500 Three Lincoln Center Dallas, Texas 75240-2387 5430 LBJ Freeway Dallas, Texas 75240-2387 Douglas H. Dittrick 1200 East Ridgewood Ave. President, Douglas Communications Douglas Communications East Wing, Suite 3D Corporation II Corporation II Ridgewood, NJ 07450 1200 East Ridgewood Ave. East Wing, Suite 3D Ridgewood, NJ 07450 Nathan M. Avery Galveston-Houston Co. Chairman, President and CEO of Galveston-Houston Company P.O. Box 2207 Galveston-Houston Company P.O. Box 2207 Houston, Texas 77252 Houston, Texas 77252 Gregory S. Marchbanks 3000 One American Center Director and Chief Executive Officer Prime II Management, Inc. 600 Congress Avenue of Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 William P. Glasgow 3000 One American Center President, Prime II Management, Inc. Prime II Management, Inc. 600 Congress Avenue 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Jerry D. Lindauer 3000 One American Center Senior Vice President Prime II Management, Inc. 600 Congress Avenue Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Allan R. Barnes 3000 One American Center Senior Vice President and Chief Prime II Management, Inc. 600 Congress Avenue Operating Officer, Prime II 3000 One American Center Austin, Texas 78701 Management, Inc. 600 Congress Avenue Austin, Texas 78701 Daniel J. Pike 3000 One American Center Senior Vice President Prime II Management, Inc. 600 Congress Avenue Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701
To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) in the last five years. To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. To the best of each of the Reporting Person's knowledge, all of the above individuals are United States citizens. 25 Page 25 of 31 DIRECTORS AND EXECUTIVE OFFICERS OF PRIME II MANAGEMENT GROUP, INC.
NAME RESIDENCE OR PRINCIPAL OCCUPATION NAME AND ADDRESS BUSINESS ADDRESS OR EMPLOYMENT OF CORPORATION IN WHICH SUCH EMPLOYMENT IS CONDUCTED - ----------------------------------------------------------------------------------------------------------------------------------- Gregory S. Marchbanks 3000 One American Center Director and Chief Executive Officer Prime II Management, Inc. 600 Congress Avenue of Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 William P. Glasgow 3000 One American Center President, Prime II Management, Inc. Prime II Management, Inc. 600 Congress Avenue 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Jerry D. Lindauer 3000 One American Center Senior Vice President Prime II Management, Inc. 600 Congress Avenue Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Allan R. Barnes 3000 One American Center Senior Vice President and Chief Prime II Management, Inc. 600 Congress Avenue Operating Officer, Prime II 3000 One American Center Austin, Texas 78701 Management, Inc. 600 Congress Avenue Austin, Texas 78701 Daniel J. Pike 3000 One American Center Senior Vice President, Prime II Management, Inc. 600 Congress Avenue Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701
To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) in the last five years. To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. To the best of each of the Reporting Person's knowledge, all of the above individuals are United States citizens. 26 Page 26 of 31 DIRECTORS AND EXECUTIVE OFFICERS OF PRIME VENTURE I, INC.
NAME RESIDENCE OR PRINCIPAL OCCUPATION NAME AND ADDRESS BUSINESS ADDRESS OR EMPLOYMENT OF CORPORATION IN WHICH SUCH EMPLOYMENT IS CONDUCTED - ----------------------------------------------------------------------------------------------------------------------------------- Robert W. Hughes 3000 One American Center Director and Chairman of the Prime II Management, Inc. 600 Congress Avenue the Board of Prime II Management, 3000 One American Center Austin, Texas 78701 Inc. 600 Congress Avenue Austin, Texas 78701 J. Michael Bell The Groos Bank North Bldg. Managing General Partner Southwest Venture Partners II Suite 345 Southwest Venture Partners II The Groos Bank North Building, Ste 345 16414 San Pedro Avenue 16414 San Pedro Avenue San Antonio, Texas 78232 San Antonio, Texas 78232 Jack Crosby 327 Congress Avenue Chairman of the Board and Tescorp, Inc. Suite 200 Chief Executive Officer of 327 Congress Avenue, Ste.200 Austin, Texas 78701 Tescorp, Inc. Austin, Texas 78701 Paul-Henri Denuit Rue des Deux Eglises 26 Director, Coditel Invest B.V. and Coditel Invest B.V./Coditel U.S., Inc. Brussels, Belgium 1040 President, Coditel U.S., Inc. Rue des Deux Eglises 26 Brussels, Belgium 1040 Michael Sherwin Mid-West Holdings General Partner of Mid-West Mid-West Holdings Limited Partnership Limited Partnership Holdings Limited Partnership Corporate Ninety, Suite 370 Corporate Ninety, Suite 370 2550 Som Center Road 2550 Som Center Road Willoughby Hills, OH 44094 Willoughby Hills, OH 44094 Michael J. Marocco General Motors Bldg. Managing Director, Sandler Sandler Capital Management 767 Fifth Avenue Capital Management 767 Fifth Avenue New York, NY 10153 New York, NY 10153 Brian Greenspun 800 South Valley View Blvd. Newspaper Publisher & Editor Las Vegas Sun, Inc. Las Vegas, NV 89107 President, Las Vegas Sun, Inc. 800 South Valley View Blvd. Las Vegas, NV 89107 Gregory S. Marchbanks 3000 One American Center Director and Chief Executive Officer Prime II Management, Inc. 600 Congress Avenue of Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 William P. Glasgow 3000 One American Center President, Prime II Management, Inc. Prime II Management, Inc. 600 Congress Avenue 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701 Allan R. Barnes 3000 One American Center Senior Vice President and Chief Prime II Management, Inc. 600 Congress Avenue Operating Officer, Prime II 3000 One American Center Austin, Texas 78701 Management, Inc. 600 Congress Avenue Austin, Texas 78701 Daniel J. Pike 3000 One American Center Senior Vice President Prime II Management, Inc. 600 Congress Avenue Prime II Management, Inc. 3000 One American Center Austin, Texas 78701 600 Congress Avenue Austin, Texas 78701
To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) in the last five years. To the best of each of the Reporting Person's knowledge, none of the foregoing individuals has a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws. To the best of each of the Reporting Person's knowledge, all of the above individuals are United States citizens with the exception of #4 (Paul-Henri Denuit), who is a citizen of Belgium. 27 Page 27 of 31 APPENDIX B AGGREGATE NUMBER OF SHARES WITH RESPECT TO WHICH A PRIME HOLDER OF CLASS A COMMON STOCK HAS AN INVESTMENT POWER OR A PECUNIARY INTEREST ================================================================================
Name Shares of Class A Common Stock ---- ------------------------------ Prime Cable Growth Partners, L.P. -0- Prime Venture I Holdings, L.P. -0- Prime II Management Group, Inc. -0- Prime Venture I, Inc. 293,702 Prime Cable Limited Partnership -0- Prime Cable GP, Inc. -0- Prime Venture II, L.P. -0- Prime Investors, L.P. -0- Prime II Management, L.P. 29,119 Prime II Management, Inc. 142,664
28 Page 28 of 31 EXHIBIT A 1997 Amendment No. 1 to Voting Agreement Attached. 29 1997 Amendment No. 1 to Voting Agreement This amendment ("Amendment") dated as of December 5, 1997 to that certain Voting Agreement ("Voting Agreement") entered into effective as of October 31, 1996 by and among Prime II Management, L.P. ("Prime"), as the designated agent for the parties named on Annex 1 attached thereto, MCI Telecommunications Corporation, Ronald A. Duncan, Robert M. Walp, and TCI GCI, Inc. Terms used herein and not otherwise defined shall have the meanings ascribed to them in the Voting Agreement. Background: The Prime Sellers became stockholders of GCI on October 31, 1996 (the "Acquisition Date"), and GCI had agreed to file and keep effective a registration statement for a period of two years after the Acquisition Date with respect to the Shares owned by the Prime Sellers. GCI has not maintained the effectiveness of such registration statement, and in lieu of the registration of such Shares by GCI at this time, GCI and the parties hereto who currently are Parties (the "Current Parties") to the Voting Agreement, have agreed to the withdrawal of Prime and the Prime Sellers as Parties to the Voting Agreement, all on the terms and conditions set forth herein. The Current Parties have also agreed to the withdrawal of TCI GCI as a Party to the Voting Agreement in that it has sold all of the 590,043 shares of common stock of the Company which constituted the portion of the Shares which TCI GCI held at the time of execution of the Voting Agreement. The Current Parties consist of the following: (1) MCI Telecommunications Corporation; (2) Ronald A. Duncan; and (3) Robert M. Walp In consideration of the mutual covenants and conditions contained in this Amendment, the Current Parties agree as follows: 1.(a) Clause (1) of Section 1 of the Voting Agreement, which states the number of Shares held by Prime (i.e., owned by the Prime Sellers) that are subject to the Voting Agreement, is hereby deleted, and the Shares shown as having been held by Prime and owned by the Prime Sellers are hereby withdrawn from the Voting Agreement and Prime and each of the Prime Sellers hereby cease to be Parties to the Voting Agreement. Prime and Prime Sellers no longer have any rights or obligations under the Voting Agreement, except as provided in Paragraphs numbered 2 and 4 below. 1.(b) Clause (5) of Section 1 of the Voting Agreement, which states the number of Shares held by TCI GCI that are subject to the Voting Agreement is hereby deleted, and the Shares shown as having been held by TCI GCI are hereby withdrawn from the Voting Agreement, and TCI GCI hereby ceases to be a Party to the Voting Agreement. TCI GCI no longer has any rights or obligations under the Voting Agreement. 30 2.(a) Clause (C) of Section 2(a)(1) of the Voting Agreement is hereby deleted in its entirety and left intentionally blank. 2.(b) Clause (D) of Section 2(a)(1) of the Voting Agreement is hereby amended to read in its entirety as follows: "Prime shall be entitled to recommend one Nominee for so long as that certain Management Agreement ("Prime Management Agreement") between Prime and GCI dated October 31, 1996 is in full force and effect, and not thereafter." 2.(c) Section 2(a)(2) of the Voting Agreement is hereby deleted in its entirety and left intentionally blank. 3. Section 2(b) of the Voting Agreement is hereby amended so as to provide that for Nominees allocated to Prime there would be only one Nominee in Class III, instead of one in Class II and one in Class III. Section 2(b) of the Voting Agreement is hereby further amended by deleting the last phrase of that section of the Voting Agreement providing for an allocation of Nominees to TCI GCI. 4.(a) Section 5(b) of the Voting Agreement is hereby amended by deleting the subitem (4) relating to shares held by TCI GCI. 4.(b) Section 5(d) of the Voting Agreement is hereby amended to read in its entirety as follows: "Each Party shall vote for Prime's Nominee pursuant to Section 2(a)(1) above, for so long as the Prime Management Agreement is in effect and notwithstanding the fact that such Party ceases to be a Party under the Voting Agreement. 5. The proviso in the second sentence of Section 6 of the Voting Agreement is hereby deleted. 6. Section 8 of the Voting Agreement is hereby amended by deleting reference to Prime and to TCI GCI as Parties to the Voting Agreement. 2 31 EXECUTED to be effective as of the date first above mentioned. PRIME II MANAGEMENT, L.P. BY Prime II Management, Inc. Its General Partner By: /s/ WILLIAM P. GLASGOW --------------------------------------- Its: President -------------------------------------- MCI TELECOMMUNICATIONS CORPORATION By: --------------------------------------- Its: -------------------------------------- /s/ RONALD A. DUNCAN ------------------------------------------ RONALD A. DUNCAN /s/ ROBERT M. WALP ------------------------------------------ ROBERT M. WALP GENERAL COMMUNICATION, INC. By: /s/ JOHN M. LOWBER --------------------------------------- Its: Senior Vice President -------------------------------------- Chief Financial Officer 3 32 Page 29 of 31 EXHIBIT B JOINT FILING AGREEMENT ------------------------------ In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Class A Common Stock, no par value, of General Communication, Inc. and that this Agreement be included as an Exhibit to such joint filing. IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the 19th day of February, 1998. PRIME II MANAGEMENT, L.P. By:Its General Partner Prime II Management, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- PRIME II MANAGEMENT, INC. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- PRIME VENTURE I HOLDINGS, L.P. By:Its General Partners Prime Venture I, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- and Prime II Management Group, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- 33 Page 30 of 31 PRIME VENTURE I, INC. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- PRIME II MANAGEMENT GROUP, INC. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- PRIME CABLE GROWTH PARTNERS, L.P. By:Its General Partners Prime Venture I, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- and Prime Venture I Holdings, L.P. By:Its General Partners Prime Venture I, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- and Prime II Management Group, Inc. By: /s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- 34 Page 31 of 31 PRIME CABLE LIMITED PARTNERSHIP By:Its General Partner Prime Cable GP, Inc. By:/s/ WILLIAM P. GLASGOW ------------------------------------- Name: William P. Glasgow ----------------------------------- Title: President ---------------------------------- PRIME CABLE GP, INC. By:/s/ WILLIAM P. GLASGOW ------------------------------------- Name: William P. Glasgow ----------------------------------- Title: President ---------------------------------- PRIME VENTURE II, L.P. By:Its General Partner Prime Investors, L.P. By:Its General Partner Prime II Management, L. P. By:Its General Partner Prime II Management, Inc. By:/s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- PRIME INVESTORS, L.P. By:Its General Partner Prime II Management, L. P. By:Its General Partner Prime II Management, Inc. By:/s/ WILLIAM P. GLASGOW -------------------------------- Name: William P. Glasgow ------------------------------ Title: President ----------------------------- -----END PRIVACY-ENHANCED MESSAGE-----