-----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, N/6OxaTNfUMqb7DiVwdoVyqr1tDDlXbR7HfyNNCS8K1eS0QnfWkMjQgomEfqTI55 Tj64k+zoSO+2QGYh1IILWA== 0000895813-99-000436.txt : 19991213 0000895813-99-000436.hdr.sgml : 19991213 ACCESSION NUMBER: 0000895813-99-000436 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991130 FILED AS OF DATE: 19991210 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: 99772275 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: SPARKS MARY LEE CENTRAL INDEX KEY: 0001047185 STANDARD INDUSTRIAL CLASSIFICATION: [] OTHER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 2438 CAMPBELL ROAD NW CITY: ALBUGUERGUE STATE: NM ZIP: 87104 BUSINESS PHONE: 2172354410 4 1 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: Mary Lee Sparks 2438 Campbell Road, N.W. Albuquerque, New Mexico 87104 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: November 1999 5. If Amendment, Date of Original (Month/Year): 6. Relationship of Reporting Person(s) to Issuer (Check all applicable): ( ) Director ( ) 10% Owner ( ) Officer (give title below) (x) Other (specify below) 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
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- Class A 11/12/99 M 1,000 A $12.25 D (1) Common Stock 11/12/99 S 1,000 D 45.00 D (1) 11/24/99 M 1,300 A 12.125 2,312 D (1) 11/01/99 S 2,318 D 43.81 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of John Woodruff Sparks dated April 20, 1990 11/02/99 S 1,409 D 43.51 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of John Woodruff Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/03/99 S 3,945 D 42.54 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of John Woodruff Sparks dated April 20, 1990 11/04/99 S 1,697 D 42.97 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of John Woodruff Sparks dated April 20, 1990 11/05/99 S 1,696 D $44.46 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of John Woodruff Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/08/99 S 935 D 44.20 131,832 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of John Woodruff Sparks dated April 20, 1990 11/01/99 S 2,318 D 43.81 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Anne Romayne Sparks dated April 20, 1990 11/02/99 S 1,409 D 43.51 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Anne Romayne Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/03/99 S 3,945 D 42.54 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Anne Romayne Sparks dated April 20, 1990 11/04/99 S 1,697 D 42.97 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Anne Romayne Sparks dated April 20, 1990 11/05/99 S 1,696 D 44.46 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Anne Romayne Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/08/99 S 935 D $44.20 131,832 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Anne Romayne Sparks dated April 20, 1990 11/01/99 S 2,318 D 43.81 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Barbara Lee Sparks dated April 20, 1990 11/02/99 S 1,409 D 43.51 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Barbara Lee Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/03/99 S 3,945 D 42.54 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Barbara Lee Sparks dated April 20, 1990 11/04/99 S 1,697 D 42.97 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Barbara Lee Sparks dated April 20, 1990 11/05/99 S 1,696 D 44.46 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Barbara Lee Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/08/99 S 935 D 44.20 131,832 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Barbara Lee Sparks dated April 20, 1990 11/01/99 S 2,318 D $43.81 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Christina Louise Sparks dated April 20, 1990 11/02/99 S 1,409 D 43.51 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Christina Louise Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/03/99 S 3,945 D 42.54 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Christina Louise Sparks dated April 20, 1990 11/04/99 S 1,697 D 42.97 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Christina Louise Sparks dated April 20, 1990 11/05/99 S 1,696 D 44.46 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Christina Louise Sparks dated April 20, 1990 5. Amount of Securities 6. Owner- 2. Trans- Beneficially ship Form: 7. Nature 1. Title action 4. Securities Owned at End Direct (D) of Indirect of Date 3. Trans- Acquired (A) or of Month or Indirect Beneficial Security (Month / action Code Disposed of (D) (Instr. 3 (I) Ownership (Instr. 3) Day/Year) (Instr. 8) (Instr. 3, 4 and 5) and 4) (Instr. 4) (Instr. 4) ----------- ---------- ----------- --------------------- ---------- ---------- ----------- Code V Amount (A)or(D) Price ---- -- ------ -------- ----- 11/08/99 S 935 D 44.20 131,832 I By Mary Lee Sparks 1990 Personal Income Trust for the Benefit of Christina Louise Sparks dated April 20, 1990 393,356 D 664,418 I By Trust Agreement dated May 13, 1978 f/b/o Mary Lee Sparks
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 9. 10. 5. Number Owner- Number of of ship Deriva- Deriv- Form of tive ative Deriv- 11. 1. Securi- 8. Secur- ative Nature Title 2. ties Price ities Secur- of of Conver- 3. Acquired of Benefi- ity: Indirect Deriv- sion or Trans- 4. (A) or Deriv- cially Direct Benefi- ative Exercise action Trans- Disposed ative Owned at (D) or cial Secur- Price of Date action of (D) 6. Date 7. Title and Secur- End of Indirect Owner- ity Deriva- (Month/ Code (Instr. Exercisable and Amount of Underlying ity Month (I) ship (Instr. tive Day/ (Instr. 3, 4 and Expiration Date Securities (Instr.(Instr. (Instr. (Instr. 3) Security Year) 8) 5) (Month/Day/Year) (Instr. 3 and 4) 5) 4) 4) 4) ------ -------- ----- ------ -------- ---------------- ---------------- --------------- -------- ------- Date Expir- Amount or Exer- ation Number of Code V A D cisable Date Title Shares ---- ---- -- ------- ----- ----- --------- Em- 12.25 11/12/99 M 1,000 (1) 9/24/07 Class A 44,000 43,000 D ployee Common Stock Stock Option (right to buy) (1) Em- 12.125 11/24/99 M 1,300 (2) 10/12/08Class A 10,000 8,700 D ployee Common Stock Stock Option (right to buy) (2) Em- 14.875 12/31/98 (3) 12/31/08Class A 10,000 10,000 D ployee Common Stock Stock Option (right to buy) (3)
Explanation of Responses: Explanation of footnotes to Table I: For purposes of Section 13(d) of the Securities Exchange Act, each of the joint filers is a member of a group that together owns more than 10% of the Issuer's Class A Common Stock. Except as indicated in the following notes, the securities shown in Table I are beneficially owned for purposes of Rule 16a-1(a)(2) by Mary Lee Sparks and not by the other joint filer. (1) Beneficially owned for purposes of Rule 16a-1(a)(2) by Steven L. Grissom. These shares are not subject to Mr. Grissom's agreement with the other members of the 13(d) group referred to in Item 6 of the cover page of this Form 4. 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 Steven L. Grissom. (1) The employee stock option dated 9/24/97 vests in four equal annual installments which began on September 24, 1998. (2) The employee stock option dated 12/22/97 vests in four equal annual installments which began on October 12, 1999. (3) The employee stock option dated 12/31/98 vests in four equal annual installments beginning on December 31, 1999. SIGNATURE OF REPORTING PERSON: Mary Lee Sparks Individually and as trustee of the Mary Lee Sparks Trust, dated May 13, 1978 By: Steven L. Grissom Attorney in Fact Dated: December 10, 1999 JOINT FILER INFORMATION Name: Steven L. Grissom Address: 121 South 17th Street, Mattoon, Illinois 61938 Designated Filer: Mary Lee Sparks Issuer & Ticker Symbol: McLeodUSA Incorporated, MCLD Statement for Month/Year: November 1999 Signature: Steven L. Grissom -----END PRIVACY-ENHANCED MESSAGE-----