Here is the ownership of Worldgate (upcoming IPO). I don't see BGF mentioned.
BENEFICIAL OWNERSHIP BENEFICIAL OWNERSHIP
PRIOR TO THE OFFERING(1) AFTER THE OFFERING(1)
------------------------- -------------------------
NUMBER OF NUMBER OF
NAME AND ADDRESS(2) SHARES PERCENTAGE SHARES PERCENTAGE
-------------------------------------------- ---------- ------------- ---------- -------------
Citicorp.................................... 1,124,442 7.2
153 East 53(rd) Street
New York, NY 10043
Hal M. Krisbergh(3)......................... 6,515,686 41.6
Scott B. Campbell........................... 15,000 *
David A. Dill(4)............................ 369,988 2.4
Peter C. Mondics(5)......................... 35,859 *
David E. Wachob............................. 557,897 3.6
Alan Gerry.................................. 606,666 3.9
Marcia J. Hooper(6)......................... -- *
Ronald A. Walter(7)......................... -- *
Thomas G. Baxter............................ -- *
Graham Pattison(8).......................... -- *
All current directors and executive officers
as a group (14 persons)(9)................ 9,003,972 57.3
------------------------
* Less than 1% of the outstanding Common Stock.
(1) Beneficial ownership is determined in accordance with the rules of the SEC,
based on factors including voting and investment power with respect to
shares, subject to applicable community property laws. Shares of common
stock subject to options or warrants exercisable within 60 days of February
8, 1999 are deemed outstanding for the purpose of computing the percentage
ownership of the person holding such options or warrants, but are not deemed
outstanding for computing the percentage ownership of any other person. The
amounts indicated assumes that the outstanding shares of Series A, Series B
and Series C Preferred Stock have been converted into shares of common stock
without adjustment for anti-dilution protections to which they may be
entitled. See "Certain Transactions--Preferred Stock Financings."
(2) Unless otherwise indicated, the mailing address of such beneficial owners is
3220 Tillman Drive, Suite 300, Bensalem, Pennsylvania 19020.
(3) Includes (a) 15,237 shares of common stock held by Mr. Krisbergh as
custodian for his minor child and (b) 15,237 shares of common stock held by
Mr. Krisbergh's wife as custodian for their minor child.
(4) Includes 26,666 shares of common stock held by Mr. Dill as custodian for his
two minor children.
(5) Includes 2,666 shares of common stock held by Mr. Mondics' minor child,
6,666 shares of common stock held jointly with his wife and options to
purchase 16,666 shares of common stock.
(6) Does not include 379,218 shares of common stock held by funds that are
affiliated with Advent International Corporation as follows: Adtec Limited
Partnership (60,674 shares), Advent Crown Fund, C.V. (60,068 shares),
Digital Media & Communications, L.P. (240,880 shares), and Advent Partners
Limited Partnership (17,596 shares). Ms. Hooper is a partner and an officer
of Advent International Corporation and an officer of several of the Advent
funds, and was originally elected to the Company's Board of Directors as a
representative of the holders of the Series A Preferred Stock. Ms. Hooper
disclaims beneficial ownership of the shares held of record by the Advent
funds.
(7) Does not include 1,124,442 shares of common stock held by Citicorp. Mr.
Walter is a vice president of Citicorp and Citibank, NA.
(8) Does not include 454,666 shares of common stock held by Motorola, Inc. Mr.
Pattison is a vice president of Motorola, Inc.
(9) Includes (a) options to purchase 56,666 shares of common stock and (b)
87,034 shares of common stock owned by family members or affiliates of some
members of the group. |
