-----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, MqIb+Qu5GoM4QLRRJVCFXQueVnaQA0nwkhWu++GC5bRvwSQ4wolwqXSFSlpt0oO7 v/fCooO0MIlCau8Aj566Qw== 0000950168-99-003134.txt : 19991213 0000950168-99-003134.hdr.sgml : 19991213 ACCESSION NUMBER: 0000950168-99-003134 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991203 FILED AS OF DATE: 19991210 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CUMULUS MEDIA INC CENTRAL INDEX KEY: 0001058623 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 364159663 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-24525 FILM NUMBER: 99773008 BUSINESS ADDRESS: STREET 1: 111 KILBOURNE AVE STREET 2: SUITE 2700 CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 4146152800 MAIL ADDRESS: STREET 1: 111 EAST KILBOURN AVE STREET 2: SUITE 2700 CITY: MILWAUKEE STATE: WI ZIP: 53202 COMPANY DATA: COMPANY CONFORMED NAME: BA CAPITAL CO LP CENTRAL INDEX KEY: 0000902135 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 100 NORTH TRYON STREET 25TH FLOOR CITY: CHARLOTTE STATE: NC ZIP: 28225 BUSINESS PHONE: 7043861792 MAIL ADDRESS: STREET 1: 100 NORTH TRYON STREET 25TH FLOOR CITY: CHARLOTTE STATE: NC ZIP: 28225 FORMER COMPANY: FORMER CONFORMED NAME: NATIONSBANC CAPITAL CORP DATE OF NAME CHANGE: 19930423 4 1 FORM 4 FOR BA CAPITAL CO.
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL [ ] CHECK THIS BOX IF NO LONGER WASHINGTON, D.C. 20549 OMB NUMBER: 3235-0287 SUBJECT TO SECTION 16. FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP EXPIRES:SEPTEMBER 30, 1998 OR FORM 5 OBLIGATIONS MAY ESTIMATED AVERAGE BURDEN CONTINUE. SEE INSTRUCTION 1(B). HOURS PER RESPONSE.....0.5 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(f) of the Investment Company Act of 1940 (PRINT OR TYPE RESPONSES) - ---------------------------------------------------------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or 6. Relationship of Reporting Person(s) to Issuer Trading Symbol (Check all applicable) ___X__ Director ______10% Owner ______ Officer _______ Other (give title below) (specify below) BA Capital Company, L.P. f/k/a NationsBanc Capital Corporation Cumulus Media Inc. (CMLS) - ------------------------------------------------------------------------------------------------------------------------------------ (Last) (First) (Middle) 3. IRS or 4. Statement Number of for Reporting Month/Year Person (Voluntary) 100 North Tryon Street, Floor 25 12/99 - ----------------------------------------------------------------------------------------------------------------------------- (Street) 5. If 7. Individual or Joint/Group Filing (Check Applicable Amendment, Line) Date of ___ Form filed by One Reporting Person Original _X_ Form filed by More than One Reporting Person Charlotte, North Carolina 28255 (Month/Year) - ------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) TABLE I-- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 4. 5. 6. 7. - --------------------- -------- ---------- ------------------------------ ----------- ---------- ---------- Amount of Owner- Securities ship Trans- Trans- Securities Acquired (A) Beneficially Form: action action or Disposed of (D) Owned at Direct Nature of Date Code (Instr. 3, 4 and 5) End of (D) or Indirect Title of (Month/ (Instr. 8) ---------------------------- Month Indirect Beneficial Security Day/ ---------- Amount (A) or Price (Instr. (I) Ownership (Instr. 3) Year) Code V (D) 3 and 4) (Instr. 4) (Instr. 4) - --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ---------- - ---------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock 11/24/99 J 676,250 A See note 1 D - --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ---------- Class A Common Stock 11/24/99 S 500,000 D $37.05 D - --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ---------- Class A Common Stock 12/3/99 S V 51,000 D $37.05 125,250 D - --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ---------- - --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ---------- - --------------------- -------- ---- ---- ----------- ------ --------- ----------- ---------- ---------- (Over)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. *If the form is filed by more than one reporting person, SEE Instruction 4(b)(v) SEC 1474 (7-97) (Page 1 of 5)
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------------ 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. - ---------- -------- -------- -------- ---------- ------------ -------------- ------ ---------- --------- ---------- Title and Ownership Number of Date Exer- Amount of Form of Derivative cisable and Underlying Number of Deriv- Securities Expiration Securities Price Derivative ative Conver- Trans- Acquired (A) Date (Month/ (Instr. 3 of Securities Security: sion or Trans- action or Disposed Day/Year) and 4) Deriv- Benefi- Direct Exercise action Code of (D) -------------- -------------- ative cially (D) or Nature of Title of Price of Date (Instr. (Instr. 3, Date Amount Secur- Owned at Indirect Indirect Derivative Deriv- (Month/ 8) 4 and 5) Exer- Expir- or Num- ity End of (I) Beneficial Security ative Day/ -------- ---------- cis- ation ber of (Instr. Month (Instr. Ownership (Instr. 3) Security Year) Code V (A) (D) able Date Title Shares 5) (Instr. 4) 4) (Instr. 4) - ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- ---------- Director Stock Options Class A (right to See Common buy) $14.00 07/01/98 A 30,000 Note 2 6/30/08 Stock 30,000 30,000 D - ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- ---------- Class B Class A Common Common Stock 11/24/99 J 676,250 Stock 676,250 2,694,996 D - ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- ---------- - ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- ---------- - ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- ---------- - ---------- -------- -------- ---- --- ---- ---- ------- ----- ----- ------ ------ ---------- -------- ---------- - ------------------------------------------------------------------------------------------------------------------------------ Explanation of Responses: See attached pages BA CAPITAL COMPANY, L.P. By: BA SBIC Management, LLC, its general partner By: BA Equity Management, L.P., its sole member By: BA Equity Management GP, LLC, its general partner ** Intentional misstatements or omissions of By: /s/ Robert H. Sheridan, III Date 12/9/99 facts constitute Federal Criminal Violations. -------------------------------- ------------ SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a) Name: Robert H. Sheridan, III Title: Managing Director Note: File three copies of this Form, one ** Signature of Reporting Person of which must be manually signed. If space is insufficient, SEE Instruction 6 for procedure. - ---------------------------------------------------------------------------------------------------------------------------- Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
(Page 2 of 5) Note 1 - ------ Converted 676,250 shares of Class B Common Stock into 676,250 shares of Class A Common Stock pursuant to the Company's articles of incorporation in order to participate as a selling shareholder of 500,000 shares of Class A Common Stock in an underwritten registered public offering which closed on 11/24/99. The underwriters subsequently exercised an over-allotment option which closed on December 3, 1999 in which the Reporting Persons sold an additional 51,000 shares of Class A Common Stock. Note 2 - ------ Options granted to BA Capital Company, L.P. in its capacity as the designor of a member of the Issuer's board of directors. Such options were granted effective as of July 1, 1998 and vest in five equal annual installments on each of July 1, 1999, 2000, 2001, 2002 and 2003. (Page 3 of 5) JOINT FILER INFORMATION ----------------------- Name: BA SBIC Management, LLC c/o BA Capital Company, L.P. 100 North Tryon Street, Floor 25 Charlotte, NC 28255 Designated Filer: BA Capital Company, L.P. Issuer: Cumulus Media Inc. Signature: BA SBIC MANAGEMENT, LLC By: BA Equity Management, L.P., its sole member By: BA Equity Management GP, LLC, its general partner By: /s/ Walter W. Walker, Jr. ---------------------------- Name: Walter W. Walker, Jr. Title: Managing Member Name: BA Equity Management, L.P. c/o BA Capital Company, L.P. 100 North Tryon Street, Floor 25 Charlotte, NC 28255 Designated Filer: BA Capital Company, L.P. Issuer: Cumulus Media Inc. Signature: BA EQUITY MANAGEMENT, L.P. By: BA Equity Management GP, LLC, its general partner By: /s/ Walter W. Walker, Jr. ---------------------------- Name: Walter W. Walker, Jr. Title: Managing Member Name: BA Equity Management GP, LLC c/o BA Capital Company, L.P. 100 North Tryon Street, Floor 25 Charlotte, NC 28255 Designated Filer: BA Capital Company, L.P. Issuer: Cumulus Media Inc. Signature: BA EQUITY MANAGEMENT GP, LLC By: /s/ Walter W. Walker, Jr. ---------------------------- Name: Walter W. Walker, Jr. Title: Managing Member (Page 4 of 5) Name: Walter W. Walker, Jr. c/o BA Capital Company, L.P. 100 North Tryon Street, Floor 25 Charlotte, NC 28255 Designated Filer: BA Capital Company, L.P. Issuer: Cumulus Media Inc. Signature: /s/ Walter W. Walker, Jr. ---------------------------- Walter W. Walker, Jr. Name: Bank of America Corporation c/o BA Capital Company, L.P. 100 North Tryon Street, Floor 25 Charlotte, NC 28255 Designated Filer: BA Capital Company, L.P. Issuer: Cumulus Media Inc. Signature: BANK OF AMERICA CORPORATION By: /s/ John E. Mack ---------------------------- Name: John E. Mack Title: Senior Vice President -----END PRIVACY-ENHANCED MESSAGE-----