-----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, KO2c1oJWEf7+Ap8Mhnr37lpULwEzgkZwm0Rxw7neH9sfBTC4f2c1K2tVbtNKJKyp qTkiTBhaZSmmRcfemKb3Nw== 0000895813-99-000269.txt : 19990615 0000895813-99-000269.hdr.sgml : 19990615 ACCESSION NUMBER: 0000895813-99-000269 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990531 FILED AS OF DATE: 19990610 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MCLEODUSA INC CENTRAL INDEX KEY: 0000919943 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 421407240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-20763 FILM NUMBER: 99644327 BUSINESS ADDRESS: STREET 1: 6400 C ST SW STREET 2: PO BOX 3177 CITY: CEDAR RAPIDS STATE: IA ZIP: 52406-3177 BUSINESS PHONE: 3193640000 MAIL ADDRESS: STREET 1: 6400 C ST SW STREET 2: PO BOX 3177 CITY: CEDAR RAPIDS STATE: IA ZIP: 52406-3177 FORMER COMPANY: FORMER CONFORMED NAME: MCLEOD INC DATE OF NAME CHANGE: 19960403 COMPANY DATA: COMPANY CONFORMED NAME: LUMPKIN RICHARD ANTHONY CENTRAL INDEX KEY: 0000925184 STANDARD INDUSTRIAL CLASSIFICATION: [] OTHER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 121 SOUTH 17TH STREET CITY: MATTOON STATE: IL ZIP: 61938 MAIL ADDRESS: STREET 1: 121 SOUTH 17TH STREET CITY: MATTOON STATE: IL ZIP: 61938 4 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP (X)* 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: Richard A. Lumpkin 121 South 17th Street Mattoon, Illinois 61938 U.S.A. 2. Issuer Name and Ticker or Trading Symbol: McLeodUSA Incorporated MCLD 3. IRS or Social Security Number of Reporting Person (Voluntary): 4. Statement for Month/Year: May 1999 5. If Amendment, Date of Original (Month/Year): 6. Relationship of Reporting Person(s) to Issuer (Check all applicable): (x) Director ( ) 10% Owner (x) Officer (give title below) (x) Other (specify below) Vice Chairman Member of 13(d) group owning more than 10% 7. Individual or Joint/Group Filing (Check Applicable Line): ( ) Form filed by One Reporting Person (x) Form filed by More than One Reporting Person * Benjamin I. Lumpkin and Elizabeth A. Celio are no longer subject to Section 16. Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
5. Amount of 6. Owner- 2. Trans- Securities ship Form: action 4. Securities Beneficially Direct 1. Title of Date 3. Trans- Acquired (A) or Owned at End (D) or In- 7. Nature of Indirect Security (Month/ action Code Disposed of (D) of Month direct (I) Beneficial Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 & 5) (Instr. 3 & 4) (Instr. 4) (Instr. 4) ---------- --------- ----------- ----------------- -------------- ---------- --------------------- Code V Amount (A)or(D) Price ---- - ------ -------- ----- Class A 05/12/99 S 137,037 D $53.68 587,564 (1) I By Richard Anthony Lumpkin Common Stock 1990 Personal Income Trust for the Benefit of Elizabeth Arabella Lumpkin dated April 20, 1990 05/12/99 S 137,037 D 53.68 587,564 (1) I By Richard Anthony Lumpkin 1990 Personal Income Trust for the Benefit of Benjamin Iverson Lumpkin dated April 20, 1990 05/12/99 S 78,308 D 53.68 71,916 (1) I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of John Woodruff Sparks dated April 20, 1990 05/12/99 S 78,308 D 58.68 71,916 (1) I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Anne Romayne Sparks dated April 20, 1990 05/12/99 S 78,308 D 58.68 71,916 (1) I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Barbara Lee Sparks dated April 20, 1990 05/12/99 S 78,308 D 58.68 71,916 (1) I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Christina Louise Sparks dated April 20, 1990 05/12/99 S 58,631 D 53.68 16,406 (1) I By Margaret L. Keon 1990 Personal Income Trust for the Benefit of Susan Tamara Keon DeWyngaert dated April 20, 1990 5. Amount of 6. Owner- 2. Trans- Securities ship Form: action 4. Securities Beneficially Direct 1. Title of Date 3. Trans- Acquired (A) or Owned at End (D) or In- 7. Nature of Indirect Security (Month/ action Code Disposed of (D) of Month direct (I) Beneficial Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 & 5) (Instr. 3 & 4) (Instr. 4) (Instr. 4) ---------- --------- ----------- ----------------- -------------- ---------- --------------------- Code V Amount (A)or(D) Price ---- - ------ -------- ----- 05/12/99 S 58,631 D 53.68 16,406 (1) I By Margaret L. Keon 1990 Personal Income Trust for the Benefit of Joseph John Keon III dated April 20, 1990 05/12/99 S 58,631 D 53.68 16,406 (1) I By Margaret L. Keon 1990 Personal Income Trust for the Benefit of Katherine Stoddert Keon dated April 20, 1990 05/12/99 S 58,631 D 53.68 16,406 (1) I By Margaret L. Keon 1990 Personal Income Trust for the Benefit of Lisa Anne Keon dated April 20, 1990 05/12/99 S 58,631 D 53.68 16,406 (1) I By Margaret L. Keon 1990 Personal Income Trust for the Benefit of Margaret Lynley Keon dated April 20, 1990 05/12/99 S 58,631 D 53.68 16,406 (1) I By Margaret L. Keon 1990 Personal Income Trust for the Benefit of Pamela Keon Vitale dated April 20, 1990 04/14/99 J(5) 25,000 D 4,261 (2) I By Benjamin Iverson Lumpkin Holdback Trust under Richard Anthony Lumpkin 1993 Grantor Retained Annuity Trust 04/14/99 J(6) 25,000 D 4,258 (2) I By Elizabeth A. Lumpkin Holdback Trust under Richard Anthony Lumpkin 1993 Grantor Retained Annuity Trust 04/14/99 J(5) 25,000 A 25,000 (3) I By Benjamin I. Lumpkin 1998 NIM-CRUT dated October 27, 1998 04/14/99 J(6) 25,000 A 25,000 (4) I By Elizabeth L. Celio 1998 NIM-CRUT dated October 27, 1998 5. Amount of 6. Owner- 2. Trans- Securities ship Form: action 4. Securities Beneficially Direct 1. Title of Date 3. Trans- Acquired (A) or Owned at End (D) or In- 7. Nature of Indirect Security (Month/ action Code Disposed of (D) of Month direct (I) Beneficial Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 & 5) (Instr. 3 & 4) (Instr. 4) (Instr. 4) ---------- --------- ----------- ----------------- -------------- ---------- --------------------- Code V Amount (A)or(D) Price ---- - ------ -------- ----- 54,688 I By Richard Adamson Lumpkin Grandchildren's Trust dated 9/5/80 f/b/o Benjamin Iverson Lumpkin 54,688 I By Richard Adamson Lumpkin Grandchildren's Trust dated 9/5/80 f/b/o Elizabeth Arabella Lumpkin 308,965 I By Trust named for Benjamin Iverson Lumpkin created under the Mary Green Lumpkin Gallo Trust Agreement dated December 29, 1989 308,965 I By Trust named for Elizabeth Arabella Lumpkin created under the Mary Green Lumpkin Gallo Trust Agreement dated December 29, 1989 311,127 (7) D 1,822 I By Richard Anthony Lumpkin Trust under the Trust Agreement dated February 6, 1970 60,619 I By Margaret Anne Keon Trust under the Trust Agreement dated February 6, 1970 107,030 I By Mary Lee Sparks Trust under the Trust Agreement dated February 6, 1970
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
10. 9. Owner- 5. Number ship Number of Deri- Form of 2. of Deri- vative Deriva- 11. 1. Conver- vative 6. Securi- tive Nature Title sion or Securi- Date ties Secur- of In- of Exer- 3. ties Exer- Benefici- ity: direct Deriva- cise Trans- Acquired cisable 7. ally Direct Benefi- tive Price action 4. (A) or and Title and 8. Owned at (D) or cial Secur- of Date Trans- Disposed Expir- Amount of Price of End of Indirect Owner- ity Deri- (Month/ action of (D) ation Underlying Derivative Month (I) ship (Instr. vative Day/ Code (Instr. 3, Date (Month/ Securities Security (Instr. (Instr. (Instr. 3) Security Year) (Instr. 8) 4 & 5) Day/Year) (Instr. 3 & 4) (Instr. 5) 4) 4) 4) ------ -------- ------- -------------------- ------------ -------------- ---------- ------- ------- ------ Code V (A) (D) Date Expir- Title Amount or ---- - --- --- Exer- ation ----- Number of cis- Date Shares able ------ --------- ----- Employee $35.25 (1) 09/25/07 Class A 40,000 40,000 D Stock Common Option Stock (right to buy)(1) Employee 34.50 (2) 12/22/07 Class A 5,000 5,000 D Stock Common Option Stock (right to buy)(2) Employee 29.75 (3) 12/31/08 Class A 40,000 40,000 D Stock Common Option Stock (right to buy)(3)
Explanation of Responses: Explanation of footnotes to Table I: For purposes of Section 13(d) of the Securities Exchange Act, Richard A. Lumpkin and Gail Gawthrop Lumpkin are members of a group that together owns more than 10% of the Issuer's Class A Common Stock. Except as indicated in the following note, the securities shown in Table I are beneficially owned for purposes of Rule 16a-1(a)(2) by Richard A. Lumpkin. (1) On or about November 23, 1998 the trustees of the 1990 Personal Income Trust named Richard A. Lumpkin as agent with respect to sales of these shares. (2) Beneficially owned for purposes of Rule 16a-1(a)(2) by Benjamin I. Lumpkin and Elizabeth L. Celio. (3) Beneficially owned for purposes of Rule 16a-1(a)(2) by Benjamin I. Lumpkin. (4) Beneficially owned for purposes of Rule 16a-1(a)(2) by Elizabeth L. Celio. (5) On April 14, 1999, 25,000 shares of Common Stock were contributed from the Benjamin Iverson Lumpkin Holdback Trust under Richard Anthony Lumpkin 1993 Grantor Retained Annuity Trust to the Benjamin I. Lumpkin 1998 NIM-CRUT dated October 27, 1999. (6) On April 14, 1999, 25,000 shares of Common Stock were contributed from the Elizabeth A. Lumpkin Holdback Trust under Richard Anthony Lumpkin 1993 Grantor Retained Annuity Trust to the Elizabeth L. Celio 1998 NIM-CRUT dated October 27, 1998. (7) Beneficially owned for purposes of Rule 16a-1(a)(2) by Gail Gawthrop Lumpkin and Richard A. Lumpkin. Explanation of footnotes to Table II: The derivative securities shown in Table II are beneficially owned for purposes of Rule 16a- 1(a)(2) by Richard A. Lumpkin. (1) The employee stock option dated 12/3/97 vests in four equal annual installments which began on September 25, 1998. (2) The employee stock option dated 12/22/97 vests in four equal annual installments which began on December 22, 1998. (3) The employee stock option dated December 31, 1998 vests in four equal annual installments beginning on December 31, 1999. SIGNATURE OF REPORTING PERSON: Richard A. Lumpkin By: Steven L. Grissom Attorney in Fact DATE: June 9, 1999 JOINT FILER INFORMATION: Name: Gail Gawthrop Lumpkin Address: 121 South 17th Street, Mattoon, Illinois 61938 Designated Filer: Richard A. Lumpkin Issuer & Ticker Symbol: McLeodUSA Incorporated, MCLD Statement for Month/Year: May 1999 Signature: Gail Gawthrop Lumpkin By: Steven L. Grissom Attorney in Fact JOINT FILER INFORMATION: Name: Benjamin I. Lumpkin Address: 1316 West Howard St., #1, Chicago, Illinois 60626 Designated Filer: Richard A. Lumpkin Issuer & Ticker Symbol: McLeodUSA Incorporated, MCLD Statement for Month/Year: May 1999 Signature: Benjamin I. Lumpkin By: Steven L. Grissom Attorney in Fact JOINT FILER INFORMATION: Name: Elizabeth L. Celio Address: 815 Columbian, Oak Park, Illinois 60302 Designated Filer: Richard A. Lumpkin Issuer & Ticker Symbol: McLeodUSA Incorporated, MCLD Statement for Month/Year: May 1999 Signature: Elizabeth L. Celio By: Steven L. Grissom Attorney in Fact -----END PRIVACY-ENHANCED MESSAGE-----