-----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, PDHeGXhBWDD2kqMYAyX/i5xX53XJ5mspTXyCofjmFnnk75q43uAa2z2WD4j5r2sn qzlY6R3py4+tLHjCHnYqSA== 0000898822-97-001007.txt : 19971111 0000898822-97-001007.hdr.sgml : 19971111 ACCESSION NUMBER: 0000898822-97-001007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971031 FILED AS OF DATE: 19971110 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EXIDE ELECTRONICS GROUP INC CENTRAL INDEX KEY: 0000772372 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 232231834 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-18106 FILM NUMBER: 97712156 BUSINESS ADDRESS: STREET 1: 8609 SIX FORKS ROAD STREET 2: FORUM II CITY: RALEIGH STATE: NC ZIP: 27615 BUSINESS PHONE: 9198723020 MAIL ADDRESS: STREET 1: 8609 SIX FORKS ROAD STREET 2: FORUM III CITY: RALEIGH STATE: NC ZIP: 27615 COMPANY DATA: COMPANY CONFORMED NAME: EXIDE ELECTRONICS GROUP INC CENTRAL INDEX KEY: 0000772372 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] DIRECTOR IRS NUMBER: 232231834 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 8609 SIX FORKS ROAD STREET 2: FORUM II CITY: RALEIGH STATE: NC ZIP: 27615 BUSINESS PHONE: 9198723020 MAIL ADDRESS: STREET 1: 8609 SIX FORKS ROAD STREET 2: FORUM III CITY: RALEIGH STATE: NC ZIP: 27615 4 1 FORM 4 - 10/97 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Knox, Lance L. Lethbridge Group, Inc. 3342 N. Southport Avenue Chicago, Illinois 60657 2. Issuer Name and Ticker or Trading Symbol Exide Electronics Group, Inc. XUPS 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 10/97 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock, par value |10/16/|J(1)| |124,282 |D |$29.00 |15,608 (1)(2) |D | | $.01 per share |97 | |V| | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: 1. On October 16, 1997, BTR plc (the "Parent") and BTR Acquisition Corporation, an indirect, wholly-owned subsidiary of Parent (the "Purchaser"), entered into a Stockholder Agreement (the "Stockholder Agreement") with Lance L. Knox 1990 Trust, a trust for the benefit of Lance L. Knox, and three other stockholders (collectively, the "Four Stockholders") of Exide Electronics Group, Inc. (the "Company"). Pursuant to the Stockholder Agreement and subject to the terms set forth therein, the Four Stockholders have agreed to tender, in accordance with the terms of the tender offer set forth in the Purchaser's Schedule 14D-1 dated as of October 20, 1997 (the "Offer"), 2,273,033 shares (including 124,282 shares owned by Lance L. Knox 1990 Trust) of common stock (the "Common Stock"), par value $.01 per share of the Company (collectively, the "Specified Shares"). Pursuant to the Stockholder Agreement, the Four Stockholders granted the Purchaser an irrevocable option (the "Option") to purchase the Specified Shares at the offer price set forth in the Offer, which Option becomes exercisable upon the termination in certain circumstances of the Agreement and Plan of Merger (the "Merger Agreement"), dated October 16, 1997, by and among the Company, the Parent and the Purchaser. The Option will expire 90 days after the occurrence of certain events that terminate the Merger Agreement, subject to certain conditions. Pursuant to the Stockholder Agreement, the Four Stockholders also granted the Parent and Purchaser an irrevocable proxy for the Specified Shares in connection with the transactions contemplated by the Merger Agreement. A copy of the Stockholder Agreement has been filed by the Company as Exhibit 4 to the Company's Schedule 14D-9 filed with the Securities and Exchange Commission on October 20, 1997 and relating to the Offer. 2. Excludes options to purchase 21,500 shares of Common Stock. SIGNATURE OF REPORTING PERSON /s/ Lance L. Knox Lance L. Knox DATE 11/10/97
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