SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
S C H E D U L E 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d -1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a).
(Amendment No. )1
CONVERGENT COMMUNICATIONS, INC.
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
(Title of Class of Securities)
211914403
(CUSIP Number)
Copy to:
Sandler Capital Management Michael R. Reiner, Esq.
767 Fifth Avenue Morrison Cohen Singer & Weinstein, LLP
New York, New York 10153 750 Lexington Avenue
Telephone (212) 754-8100 New York, New York 10022
Telephone (212) 735-8600
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 19, 1999
(Date of Event which Requires Filing this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-(g), check the following box
|_|.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
(Continued on following page(s))
- --------
1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sandler Capital Partners IV L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* WC, OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 2,039,245 shares 8.1%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 835,382 shares 3.4%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 2,039,245 shares 8.1%
With --------------------------------------------------------------
10 Shared Dispositive Power
835,382 shares 3.4%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
2,874,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 11.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 2 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sandler Capital Partners IV FTE L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* WC, OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 835,382 shares 3.4%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 2,039,245 shares 8.1%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 835,382 shares 3.4%
With --------------------------------------------------------------
10 Shared Dispositive Power
2,039,245 shares 8.1%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
2,874,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 11.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 3 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
21st Century Communications Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* WC, OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 406,820 shares 1.7%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 193,180 shares 0.8%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 406,820 shares 1.7%
With --------------------------------------------------------------
10 Shared Dispositive Power
193,180 shares 0.8%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
600,000 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 2.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 4 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
21st Century Communications T-E Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* WC, OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 138,420 shares 0.6%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 461,580 shares 1.9%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 138,420 shares 0.6%
With --------------------------------------------------------------
10 Shared Dispositive Power
461,580 shares 1.9%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
600,000 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 2.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 5 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
21st Century Communications Foreign Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* WC, OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 54,760 shares 0.2%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 545,240 shares 2.2%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 54,760 shares 0.2%
With --------------------------------------------------------------
10 Shared Dispositive Power
545,240 shares 2.2%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
600,000 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 2.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 6 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sandler Investment Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 7 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sandler Capital Management
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 8 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Infomedia Associates, Ltd.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 600,000 shares 2.4%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
600,000 shares 2.4%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
600,000 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 2.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 9 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Applewood Associates, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* WC,OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 471,875 shares 1.9%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 0 shares 0%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 471,875 shares 1.9%
With --------------------------------------------------------------
10 Shared Dispositive Power
0 shares 0%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
471,875 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 1.9%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 10 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Applewood Capital Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 471,875 shares 1.9%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
471,875 shares 1.9%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
471,875 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 1.9%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 11 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Irwin Lieber
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 1,071,875 shares 4.4%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
1,071,875 shares 4.4%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,071,875 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 4.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 12 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Barry Rubenstein
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 1,071,875 shares 4.4%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
1,071,875 shares 4.4%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,071,875 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 4.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 13 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Barry Fingerhut
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 1,071,875 shares 4.4%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
1,071,875 shares 4.4%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,071,875 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 4.4%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 14 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Seth Lieber
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 471,875 shares 1.9%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
471,875 shares 1.9%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
471,875 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 1.9%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 15 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Jonathan Lieber
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 471,875 shares 1.9%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
471,875 shares 1.9%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
471,875 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 1.9%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 16 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
ARH Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 17 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
MJDM Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 18 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Four JK Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 19 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
ALCR Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 20 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
SERF Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 21 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
TERPSI Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 22 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
JIRAKAL Corp.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 0 shares 0%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 0 shares 0%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,474,627 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.7%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 23 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
MJM Associates, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* WC, OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization New York
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 36,976 shares 0.2%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 0 shares 0%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 36,976 shares 0.2%
With --------------------------------------------------------------
10 Shared Dispositive Power
0 shares 0%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
36,976 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 0.2%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 24 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Harvey Sandler
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* PF, OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 36,976 shares 0.2%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 36,976 shares 0.2%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,474,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,511,603 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.9%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 25 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Michael J. Marocco
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 5,000 shares 0.02%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,511,603 shares 13.9%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 5,000 shares 0.02%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,511,603 shares 13.9%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,516,603 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.9%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 26 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
John Kornreich
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* PF,OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 36,976 shares 0.2%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 36,976 shares 0.2%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,476,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,511,603 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.9%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 27 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Andrew Sandler
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* PF,OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 15,226 shares 0.1%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 15,226 shares 0.1%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,476,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,489,853 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.8%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 28 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Douglas Schimmel
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* PF,OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 6,526 shares 0.03%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 6,526 shares 0.03%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,476,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,481,153 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.8%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 29 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Hannah Stone
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* PF,OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 6,526 shares 0.03%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 6,526 shares 0.03%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,476,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,481,153 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.8%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 30 of 55 -
<PAGE>
CUSIP
No. 211914403 13D
================================================================================
1 Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
David Lee
- --------------------------------------------------------------------------------
2 Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Source of Funds* PF,OO
- --------------------------------------------------------------------------------
5 Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 2(d) or 2(e) [_]
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization United States
- --------------------------------------------------------------------------------
7 Sole Voting Power
Number of 13,050 shares 0.1%
Shares --------------------------------------------------------------
Beneficially 8 Shared Voting Power
Owned By 3,474,627 shares 13.7%
Each --------------------------------------------------------------
Reporting 9 Sole Dispositive Power
Person 13,050 shares 0.1%
With --------------------------------------------------------------
10 Shared Dispositive Power
3,476,627 shares 13.7%
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,487,677 shares
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [_]
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 13.8%
- --------------------------------------------------------------------------------
14 Type of Reporting Person*
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- 31 of 55 -
<PAGE>
This statement, dated July 19, 1999, relates to the reporting persons'
ownership of the securities of Convergent Communications, Inc. (the "Issuer").
All references to shares of common stock reflect a 1-for-2 reverse stock
split which was effective immediately prior to the closing of the initial public
offering by the Issuer.
ITEM 1. SECURITY AND ISSUER
(a) Common Stock, no par value per share ("Common Stock"), (CUSIP No.
211914403).
(b) 1999 warrants (the "1999 Warrants"), expiring in March, 2004,
entitling the holder to purchase one share of Common Stock at
$15.00 per share.
(c) Convergent Communications, Inc. 400 Inverness Drive South, Suite
400 Englewood, Colorado 80112 (303) 749-3000
ITEM 2. IDENTITY AND BACKGROUND
1. (a) Sandler Capital Partners IV L.P., a limited partnership organized
under the laws of the State of Delaware ("Sandler IV").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
2. (a) Sandler Capital Partners IV FTE, L.P., a limited partnership
organized under the laws of the State of Delaware ("Sandler IV
FTE").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
3. (a) 21st Century Communications Partners, L.P., a limited partnership
organized under the laws of the State of Delaware ("21st
Century").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
- 32 of 55 -
<PAGE>
4. (a) 21st Century Communications T-E Partners, L.P., a limited
partnership organized under the laws of the State of Delaware
("T-E").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
5. (a) 21st Century Communications Foreign Partners, L.P., a limited
partnership organized under the laws of the State of Delaware
("Foreign").
(b) Address: One Capitol Plaza, 3rd Floor
Shedden Road
George Town, Grand Cayman Island
British West Indies
(c) Principal Business: Investments.
(d) No.
(e) No.
6. (a) Sandler Investment Partners, L.P., a limited partnership
organized under the laws of the State of New York ("SIP").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
7. (a) Sandler Capital Management, a registered investment advisor and a
general partnership organized under the laws of the State of New
York ("SCM").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
8. (a) Infomedia Associates, Ltd., a New York corporation ("Infomedia").
(b) Address: 80 Cuttermill Road
Suite 311
Great Neck, New York 11021
(c) Principal Business: Investments.
(d) No.
(e) No.
- 33 of 55 -
<PAGE>
9. (a) Applewood Associates, L.P., a limited partnership organized under
the laws of the State of New York ("Applewood Associates").
(b) Address: c/o Applewood Capital Corp.
68 Wheatley Road
Brookville, New York 11545
(c) Principal Business: Investments.
(d) No.
(e) No.
10. (a) Applewood Capital Corp., a corporation organized under the laws
of the State of New York ("Applewood Capital").
(b) Address: c/o Barry Rubenstein
68 Wheatley Road
Brookville, New York 11545
(c) Principal Business: Investments.
(d) No.
(e) No.
Applewood Capital is a general partner of Applewood Associates.
11. (a) Barry Rubenstein, a general partner of Applewood Associates, an
officer and director of Applewood Capital, and a shareholder,
officer and director of Infomedia, a general partner of 21st
Century, T-E and Foreign.
(b) Address: 68 Wheatley Road
Brookville, New York 11545
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States
12. (a) Irwin Lieber, a general partner of Applewood Associates, an
officer and director of Applewood Capital, and a shareholder,
officer and director of Infomedia, a general partner of the 21st
Century, T-E and Foreign.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation : Investments.
(d) No.
(e) No.
(f) Citizenship: United States
Irwin Lieber is the father of Seth Lieber and Jonathan Lieber.
- 34 of 55 -
<PAGE>
13. (a) Barry Fingerhut, a general partner of Applewood Associates, an
officer and director of Applewood Capital, and a shareholder,
officer and director of Infomedia, a general partner of 21st
Century, T-E and Foreign.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
14. (a) Seth Lieber, a general partner of Applewood Associates and an
officer of Applewood Capital.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
15. (a) Jonathan Lieber, a general partner of Applewood Associates and an
officer of Applewood Capital.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
16. (a) ARH Corp., a Delaware corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
17. (a) MJDM Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
18. (a) Four JK Corp., a Delaware corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
- 35 of 55 -
<PAGE>
19. (a) ALCR Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
20. (a) SERF Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
21. (a) TERPSI Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
22. (a) JIRAKAL Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
23. (a) MJM Associates, L.P., a limited partnership organized under the
laws of the State of New York ("MJM Associates").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
24. (a) Harvey Sandler, is the sole shareholder of ARH Corp.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States
ARH Corp. is a general partner of SCM, which is the general partner of SIP,
a general partner of 21st Century, T-E, Foreign, Sandler IV and Sandler IV FTE.
Harvey Sandler is the father of Andrew Sandler.
- 36 of 55 -
<PAGE>
25. (a) Michael J. Marocco, is a director of the Issuer, the sole
shareholder of MJDM Corp., and a general partner of MJM
Associates.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
MJDM Corp. is a general partner of SCM, which is the general partner of
SIP, a general partner of 21st Century, T-E, Foreign, Sandler IV and Sandler IV
FTE.
26. (a) John Kornreich, is the majority shareholder of Four JK Corp.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
Four JK Corp. is a general partner of SCM, which is the general partner of
SIP, a general partner of 21st Century, T-E, Foreign, Sandler IV and Sandler IV
FTE.
27. (a) Andrew Sandler, is the sole shareholder of ALCR Corp.
(b) Address: 767 Fifth Avenue New
York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
ALCR Corp. is a general partner of SCM, which is the general partner of
SIP, a general partner of 21st Century, T-E, Foreign, Sandler IV and Sandler IV
FTE. Andrew Sandler is the son of Harvey Sandler.
28. (a) Douglas Schimmel, is the sole shareholder of SERF Corp.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
SERF Corp. is a general partner of SCM, which is the general partner of
SIP, a general partner of 21st Century, T-E, Foreign, Sandler IV and Sandler IV
FTE.
- 37 of 55 -
<PAGE>
29. (a) Hannah Stone, is the sole shareholder of TERPSI Corp.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
TERPSI Corp. is a general partner of SCM, which is the general partner of
SIP, a general partner of 21st Century, T-E, Foreign, Sandler IV and Sandler IV
FTE.
30. (a) David Lee, is the sole shareholder of JIRAKAL Corp.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
JIRAKAL Corp. is a general partner of SCM, which is the general partner of
SIP, a general partner of 21st Century, T-E, Foreign, Sandler IV and Sandler IV
FTE.
ITEM 3. Source and Amount of Funds or Other Consideration.
The source of funds for the acquisition of the securities was the general
working capital and other funds of Sandler IV, Sandler IV FTE, 21st Century,
T-E, Foreign, MJM Associates, and Applewood Associates. The source of funds for
the acquisition of the securities was the personal funds of Harvey Sandler, John
Kornreich, Andrew Sandler, Douglas Schimmel, Hannah Stone and David Lee.
<TABLE>
<CAPTION>
Number of Shares Purchase
and Warrants Price
---------------- ---------
<S> <C> <C>
Sandler Capital Partners IV, L.P. 2,039,245 $11,251,000
Sandler Capital Partners IV FTE, L.P. 835,382 $ 4,609,000
21st Century Communications Partners, L.P. 406,820 $ 2,034,100
21st Century Communications T-E Partners, L.P. 138,420 $ 692,100
21st Century Communications Foreign Partners, L.P. 54,760 $ 273,800
Applewood Associates, L.P. 471,875 $ 2,500,000
MJM Associates, L.P. 36,976 $ 204,000
Harvey Sandler 36,976 $ 204,000
John Kornreich 36,976 $ 204,000
Andrew Sandler 15,226 $ 84,000
</TABLE>
- 38 of 55 -
<PAGE>
Douglas Schimmel 6,526 $ 36,000
Hannah Stone 6,526 $ 36,000
David Lee 13,050 $ 72,000
ITEM 4. Purpose of Transaction.
Other than the reporting persons' purchase or sale of additional securities
of the Issuer, no reporting person has any present plan or proposal which would
relate to or result in any of the matters set forth in subparagraphs (a) - (j)
of Item 4 of Schedule 13D except as set forth herein.
ITEM 5. Interests in Securities of the Issuer.
(a) The following list sets forth the aggregate number and percentage
(based on 24,519,824 shares of Common Stock outstanding as reported by the
Issuer in its offering documents for its initial public offering, dated July 19,
1999), of outstanding shares of Common Stock owned beneficially by each
reporting person named in Item 2, as of July 19, 1999:
<TABLE>
<CAPTION>
Shares of Common Percentage of Shares
Stock Beneficially of Common Stock
Name Owned(2) Beneficially Owned(2)
---- ------------------ ---------------------
<S> <C> <C>
Sandler Capital Partners IV, L.P. 2,874,627(3)(4) 11.4%
Sandler Capital Partners IV FTE, L.P. 2,874,627(3)(4) 11.4%
21st Century Communications Partners, L.P. 600,000(4)(5) 2.4%
21st Century Communications T-E Partners, L.P. 600,000(4)(5) 2.4%
21st Century Communications Foreign Partners, L.P. 600,000(4)(5) 2.4%
Sandler Investment Partners, L.P. 3,474,627(3)(4)(5) 13.7%
Sandler Capital Management 3,474,627(3)(4)(5) 13.7%
Infomedia Associates, Ltd. 600,000(4)(6) 2.4%
Applewood Associates, L.P. 471,875(6) 1.9%
</TABLE>
- ----------
(2) Includes shares of Common Stock issuable upon the exercise of the 1999
Warrants.
(3) Includes 1,500,134 shares of Common Stock owned by Sandler IV and
539,111 shares issuable upon the exercise of the 1999 Warrants owned
by Sandler IV. Includes 614,534 shares of Common Stock owned by
Sandler IV FTE and 220,848 shares issuable upon the exercise of the
1999 Warrants owned by Sandler IV FTE.
(4) The reporting person disclaims beneficial ownership of these
securities except to the extent of his/her/its equity interest
therein.
(5) Includes 406,820 shares of Common Stock owned by 21st Century, 138,420
shares of Common Stock owned by T-E and 54,760 shares of Common Stock
owned by Foreign.
(6) Includes 400,000 shares of Common Stock owned by Applewood Associates
and 71,875 shares issuable upon the exercise of the 1999 Warrants
owned by Applewood Associates.
- 39 of 55 -
<PAGE>
<TABLE>
<S> <C> <C>
Applewood Capital Corp. 471,875(4)(6) 1.9%
Irwin Lieber 1,071,875(4)(5)(6) 4.4%
Barry Rubenstein 1,071,875(4)(5)(6) 4.4%
Barry Fingerhut 1,071,875(4)(5)(6) 4.4%
Seth Lieber 471,875(4)(6) 1.9%
Jonathan Lieber 471,875(4)(6) 1.9%
ARH Corp. 3,474,627(3)(4)(5) 13.7%
MJDM Corp. 3,474,627(3)(4)(5) 13.7%
Four JK Corp. 3,474,627(3)(4)(5) 13.7%
ALCR Corp. 3,474,627(3)(4)(5) 13.7%
SERF Corp. 3,474,627(3)(4)(5) 13.7%
TERPSI Corp. 3,474,627(3)(4)(5) 13.7%
JIRAKAL Corp. 3,474,627(3)(4)(5) 13.7%
MJM Associates, L.P. 36,976(7) 0.2%
Harvey Sandler 3,511,603(3)(4)(5)(8) 13.9%
Michael J. Marocco 3,516,603(3)(4)(5)(7) 13.9%
John Kornreich 3,511,603(3)(4)(5)(9) 13.9%
Andrew Sandler 3,489,853(3)(4)(5)(10) 13.8%
Douglas Schimmel 3,481,153(3)(4)(5)(11) 13.8%
Hannah Stone 3,481,153(3)(4)(5)(12) 13.8%
David Lee 3,487,697(3)(4)(5)(13) 13.8%
</TABLE>
- --------
(7) Includes 27,201 shares of Common Stock owned by MJM Associates, 9,775
shares issuable upon the exercise of the 1999 Warrants owned by MJM
Associates and 5,000 shares issuable upon the exercise of currently
exercisable non-qualified stock options.
(8) Includes 27,201 shares of Common Stock owned by Harvey Sandler and
9,775 shares issuable upon the exercise of the 1999 Warrants owned by
Harvey Sandler.
(9) Includes 27,201 shares of Common Stock owned by John Kornreich and
9,775 shares issuable upon the exercise of the 1999 Warrants owned by
John Kornreich.
(10) Includes 11,201 shares of Common Stock owned by Andrew Sandler and
4,025 shares issuable upon the exercise of the 1999 Warrants owned by
Andrew Sandler.
(11) Includes 4,800 shares of Common Stock owned by Douglas Schimmel and
1,726 shares issuable upon the exercise of the 1999 Warrants owned by
Douglas Schimmel.
(12) Includes 4,800 shares of Common Stock owned by Hannah Stone and 1,726
shares issuable upon the exercise of the 1999 Warrants owned by Hannah
Stone.
(13) Includes 9,600 shares of Common Stock owned by David Lee and 3,450
shares issuable upon the exercise of the 1999 Warrants owned by David
Lee.
- 40 of 55 -
<PAGE>
(b) Sandler IV has sole power to vote and to dispose of 2,039,245 shares of
Common Stock (including 539,111 shares issuable upon the exercise of the 1999
Warrants), representing approximately 8.1% of the outstanding shares of Common
Stock. Sandler IV may be deemed to have shared power to vote and to dispose of
835,382 shares of Common Stock (including 220,848 shares issuable upon the
exercise of the 1999 Warrants), representing approximately 3.4% of the
outstanding shares of Common Stock.
Sandler IV FTE has sole power to vote and to dispose of 835,382 shares of
Common Stock (including 220,848 shares issuable upon the exercise of the 1999
Warrants), representing approximately 3.4% of the outstanding shares of Common
Stock. Sandler IV FTE may be deemed to have shared power to vote and to dispose
of 2,039,245 shares of Common Stock (including 539,111 shares issuable upon the
exercise of the 1999 Warrants), representing approximately 8.1% of the
outstanding shares of Common Stock.
21st Century has sole power to vote and to dispose of 406,820 shares of
Common Stock, representing approximately 1.7% of the outstanding shares of
Common Stock. 21st Century may be deemed to have shared power to vote and to
dispose of 193,180 shares of Common Stock, representing approximately 0.8% of
the outstanding shares of Common Stock.
T-E has sole power to vote and to dispose of 138,420 shares of Common
Stock, representing approximately 0.6% of the outstanding shares of Common
Stock. T-E may be deemed to have shared power to vote and to dispose of 461,580
shares of Common Stock, representing approximately 1.9% of the outstanding
shares of Common Stock.
Foreign has sole power to vote and to dispose of 54,760 shares of Common
Stock, representing approximately 0.2% of the outstanding shares of Common
Stock. Foreign may be deemed to have shared power to vote and to dispose of
545,240 shares of Common Stock, representing approximately 2.2% of the
outstanding shares of Common Stock.
By virtue of being a general partner of Sandler IV, Sandler IV FTE, 21st
Century, T-E and Foreign, Sandler Investment Partners may be deemed to have
shared power to vote and to dispose of 3,474,627 shares of Common Stock
(including 759,959 shares issuable upon the exercise of the 1999 Warrants),
representing approximately 13.7% of the outstanding shares of Common Stock.
By virtue of being a general partner of Sandler Investment Partners,
Sandler Capital Management may be deemed to have shared power to vote and to
dispose of 3,474,627 shares of Common Stock (including 759,959 shares issuable
upon the exercise of the 1999 Warrants), representing approximately 13.7% of the
outstanding shares of Common Stock.
By virtue of being a general partner of 21st Century, T-E and Foreign,
Infomedia may be deemed to have shared power to vote and to dispose of 600,000
shares of Common Stock, representing approximately 2.4% of the outstanding
shares of Common Stock.
Applewood Associates has sole power to vote and to dispose of 471,875
shares of Common Stock (including 71,875 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 1.9% of the outstanding shares of
Common Stock.
- 41 of 55 -
<PAGE>
By virtue of being a general partner of Applewood Associates, Applewood
Capital may be deemed to have shared power to vote and to dispose of 471,875
shares of Common Stock (including 71,875 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 1.9% of the outstanding shares of
Common Stock.
By virtue of being a general partner of Applewood Associates, and a
shareholder, officer and director of Infomedia, Irwin Lieber may be deemed to
have shared power to vote and to dispose of 1,071,875 shares of Common Stock
(including 71,875 shares issuable upon the exercise of the 1999 Warrants),
representing approximately 4.4% of the outstanding shares of Common Stock.
By virtue of being a general partner of Applewood Associates, and a
shareholder, officer and director of Infomedia, Barry Rubenstein may be deemed
to have shared power to vote and to dispose of 1,071,875 shares of Common Stock
(including 71,875 shares issuable upon the exercise of the 1999 Warrants),
representing approximately 4.4% of the outstanding shares of Common Stock.
By virtue of being a general partner of Applewood Associates, and a
shareholder, officer and director of Infomedia, Barry Fingerhut may be deemed to
have shared power to vote and to dispose of 1,071,875 shares of Common Stock
(including 71,875 shares issuable upon the exercise of the 1999 Warrants),
representing approximately 4.4% of the outstanding shares of Common Stock.
By virtue of being a general partner of Applewood Associates, Seth Lieber
may be deemed to have shared power to vote and to dispose of 471,875 shares of
Common Stock (including 71,875 shares issuable upon the exercise of the 1999
Warrants), representing approximately 1.9% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Applewood Associates, Jonathan
Lieber may be deemed to have shared power to vote and to dispose of 471,875
shares of Common Stock (including 71,875 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 1.9% of the outstanding shares of
Common Stock.
By virtue of being a general partner of Sandler Capital Management, ARH
Corp. may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
By virtue of being a general partner of Sandler Capital Management, MJDM
Corp. may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
By virtue of being a general partner of Sandler Capital Management, Four JK
Corp. may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
- 42 of 55 -
<PAGE>
By virtue of being a general partner of Sandler Capital Management, ALCR
Corp. may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
By virtue of being a general partner of Sandler Capital Management, SERF
Corp. may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
By virtue of being a general partner of Sandler Capital Management, TERPSI
Corp. may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
By virtue of being a general partner of Sandler Capital Management, JIRAKAL
Corp. may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
MJM Associates has sole power to vote and to dispose of 36,976 shares of
Common Stock (including 9,775 shares issuable upon the exercise of the 1999
Warrants), representing approximately 0.2% of the outstanding shares of Common
Stock.
Harvey Sandler has sole power to vote and to dispose of 36,976 shares of
Common Stock (including 9,775 shares issuable upon the exercise of the 1999
Warrants), representing approximately 0.2% of the outstanding shares of Common
Stock. By virtue of being the sole shareholder of ARH Corp., Harvey Sandler may
be deemed to have shared power to vote and to dispose of 3,474,627 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants), representing approximately 13.7% of the outstanding shares of Common
Stock.
Michael Marocco has sole power to vote and to dispose of 5,000 shares of
Common Stock (consisting of 5,000 shares issuable upon the exercise of currently
exercisable non-qualified stock options), representing approximately 0.02% of
the outstanding shares of Common Stock. By virtue of being the sole shareholder
of MJDM Corp. and a general partner of MJM Associates, Michael Marocco may be
deemed to have shared power to vote and to dispose of 3,511,603 shares of Common
Stock (including 769,734 shares issuable upon the exercise of the 1999
Warrants), representing approximately 13.7% of the outstanding shares of Common
Stock.
John Kornreich has sole power to vote and to dispose of 36,976 shares of
Common Stock (including 9,775 shares issuable upon the exercise of the 1999
Warrants), representing approximately 0.2% of the outstanding shares of Common
Stock. By virtue of being the majority shareholder of Four JK Corp., John
Kornreich may be deemed to have shared power to vote and to dispose of 3,474,627
shares of Common Stock (including 759,959 shares issuable upon the exercise of
the 1999 Warrants), representing approximately 13.7% of the outstanding shares
of Common Stock.
- 43 of 55 -
<PAGE>
Andrew Sandler has sole power to vote and to dispose of 15,226 shares of
Common Stock (including 4,025 shares issuable upon the exercise of the 1999
Warrants), representing approximately 0.1% of the outstanding shares of Common
Stock. By virtue of being the sole shareholder of ALCR Corp., Andrew Sandler may
be deemed to have shared power to vote and to dispose of 3,474,627 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants), representing approximately 13.7% of the outstanding shares of Common
Stock.
Douglas Schimmel has sole power to vote and to dispose of 6,526 shares of
Common Stock (including 1,726 shares issuable upon the exercise of the 1999
Warrants), representing approximately 0.03% of the outstanding shares of Common
Stock. By virtue of being the sole shareholder of SERF Corp., Douglas Schimmel
may be deemed to have shared power to vote and to dispose of 3,474,627 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants), representing approximately 13.7% of the outstanding shares of Common
Stock.
Hannah Stone has sole power to vote and to dispose of 6,526 shares of
Common Stock (including 1,726 shares issuable upon the exercise of the 1999
Warrants), representing approximately 0.03% of the outstanding shares of Common
Stock. By virtue of being the sole shareholder of TERPSI Corp., Hannah Stone may
be deemed to have shared power to vote and to dispose of 3,474,627 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants), representing approximately 13.7% of the outstanding shares of Common
Stock.
David Lee has sole power to vote and to dispose of 13,050 shares of Common
Stock (including 3,450 shares issuable upon the exercise of the 1999 Warrants),
representing approximately 0.1% of the outstanding shares of Common Stock. By
virtue of being the sole shareholder of JIRAKAL Corp., David Lee may be deemed
to have shared power to vote and to dispose of 3,474,627 shares of Common Stock
(including 759,959 shares issuable upon the exercise of the 1999 Warrants),
representing approximately 13.7% of the outstanding shares of Common Stock.
(c) The following is a description of all transactions in shares of Common
Stock of the Issuer by the reporting persons identified in Item 2 of this
Schedule 13D effected from May 19, 1999 through July 19, 1999, inclusive:
Upon the closing of the Issuer's initial public offering, all outstanding
shares of Series A Preferred Stock automatically converted into shares of Common
Stock of the Issuer. The reporting persons received approximately 2,426,672
shares of Common Stock as a result of the conversion of Series A Preferred Stock
into shares of Common Stock.
In addition, the number of shares issuable upon the exercise of the 1999
Warrants were subject to adjustment based upon the price of the Common Stock
sold in the Issuer's initial public offering.
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of such securities.
(e) Not applicable.
- 44 of 55 -
<PAGE>
ITEM 6. Contracts Arrangements Understanding or Relationships with Respect to
Securities of the Issuer
The reporting persons agreed with the underwriters of the Issuer's initial
public offering that during the period beginning on the closing of the initial
public offering (the "Closing Date") and continuing for a period of 180 days
after the Closing Date, they will not offer, sell, contract to sell, grant any
option to purchase or otherwise dispose of, any shares.
ITEM 7. Materials to be Filed as Exhibits
Exhibit A. Agreement among the reporting persons, effective as of July 19,
1999, by which they have agreed to file this Schedule 13D and all necessary
amendments, as required by Rule 13d- 1(f).
- 45 of 55 -
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of his/her/its knowledge and
belief, each of the undersigned hereby certifies that the information set forth
in this Schedule is true, complete and correct.
Dated: July 30, 1999
SANDLER CAPITAL PARTNERS IV, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER CAPITAL PARTNERS IV FTE, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
- 46 of 55 -
<PAGE>
21ST CENTURY COMMUNICATIONS T-E
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS FOREIGN
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER INVESTMENT PARTNERS, L.P.
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER CAPITAL MANAGEMENT
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
- 47 of 55 -
<PAGE>
INFOMEDIA ASSOCIATES, LTD.
By: /s/ Irwin Lieber
--------------------------------------
Irwin Lieber, Secretary and Treasurer
APPLEWOOD ASSOCIATES, L.P.
By: /s/ Irwin Lieber
--------------------------------------
Irwin Lieber, a General Partner
APPLEWOOD CAPITAL CORP.
By: /s/ Barry Rubenstein
--------------------------------------
Barry Rubenstein, President
/s/ Irwin Lieber
--------------------------------------
Irwin Lieber
/s/ Barry Rubenstein
--------------------------------------
Barry Rubenstein
/s/ Barry Fingerhut
--------------------------------------
Barry Fingerhut
/s/ Seth Lieber
--------------------------------------
Seth Lieber
/s/ Jonathan Lieber
--------------------------------------
Jonathan Lieber
- 48 of 55 -
<PAGE>
ARH CORP.
By: /s/ Edward Grinacoff
--------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
MJDM CORP.
By: /s/ Edward Grinacoff
--------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
FOUR JK CORP.
By: /s/ Edward Grinacoff
--------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
ALCR CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
SERF CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
TERPSI CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
JIRAKAL CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
- 49 of 55 -
<PAGE>
MJM ASSOCIATES, L.P.
By: /s/ Michael J. Marocco
--------------------------------------
Name: Michael J. Marocco
Title: General Partner
/s/ Harvey Sandler
--------------------------------------
Harvey Sandler
/s/ Michael J. Marocco
--------------------------------------
Michael J. Marocco
/s/ John Kornreich
--------------------------------------
John Kornreich
/s/ Andrew Sandler
--------------------------------------
Andrew Sandler
/s/ Douglas Schimmel
--------------------------------------
Douglas Schimmel
/s/ Hannah Stone
--------------------------------------
Hannah Stone
/s/ David Lee
--------------------------------------
David Lee
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL
CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
- 50 of 55 -
<PAGE>
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby agree to the joint filing on behalf of each
of them of a statement on Schedule 13D (including amendments thereto) with
respect to the Common Stock of CONVERGENT COMMUNICATIONS, INC. and that this
Agreement be filed as an Exhibit to such statement on Schedule 13D.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement effective
as of the 19th day of July, 1999.
SANDLER CAPITAL PARTNERS IV, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER CAPITAL PARTNERS IV FTE, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
- 51 of 55 -
<PAGE>
21ST CENTURY COMMUNICATIONS T-E
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
21ST CENTURY COMMUNICATIONS FOREIGN
PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: ARH Corp., a
General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER INVESTMENT PARTNERS, L.P.
By: Sandler Capital Management,
General Partner
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
SANDLER CAPITAL MANAGEMENT
By: ARH Corp., a General Partner
By: /s/ Edward Grinacoff
----------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
- 52 of 55 -
<PAGE>
INFOMEDIA ASSOCIATES, LTD.
By: Irwin Lieber
Irwin Lieber, Secretary and Treasurer
APPLEWOOD ASSOCIATES, L.P.
By: /s/ Irwin Lieber
--------------------------------------
Irwin Lieber, a General Partner
APPLEWOOD CAPITAL CORP.
By: /s/ Barry Rubenstein
--------------------------------------
Barry Rubenstein, President
/s/ Irwin Lieber
--------------------------------------
Irwin Lieber
/s/ Barry Rubenstein
--------------------------------------
Barry Rubenstein
/s/ Barry Fingerhut
--------------------------------------
Barry Fingerhut
/s/ Seth Lieber
--------------------------------------
Seth Lieber
/s/ Jonathan Lieber
--------------------------------------
Jonathan Lieber
- 53 of 55 -
<PAGE>
ARH CORP.
By: /s/ Edward Grinacoff
--------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
MJDM CORP.
By: /s/ Edward Grinacoff
--------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
FOUR JK CORP.
By: /s/ Edward Grinacoff
--------------------------------------
Name: Edward Grinacoff
Title: Secretary and Treasurer
ALCR CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
SERF CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
TERPSI CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
JIRAKAL CORP.
By: /s/ Moira Mitchell
--------------------------------------
Name: Moira Mitchell
Title: Secretary and Treasurer
- 54 of 55 -
<PAGE>
MJM ASSOCIATES, L.P.
By: /s/ Michael J. Marocco
--------------------------------------
Name: Michael J. Marocco
Title: General Partner
/s/ Harvey Sandler
--------------------------------------
Harvey Sandler
/s/ Michael J. Marocco
--------------------------------------
Michael J. Marocco
/s/ John Kornreich
--------------------------------------
John Kornreich
/s/ Andrew Sandler
--------------------------------------
Andrew Sandler
/s/ Douglas Schimmel
--------------------------------------
Douglas Schimmel
/s/ Hannah Stone
--------------------------------------
Hannah Stone
/s/ David Lee
--------------------------------------
David Lee
- 55 of 55 -
