To: TechHunter who wrote (5 ) 3/20/1999 4:35:00 PM From: .com Read Replies (1) | Respond to of 66
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.