SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)(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 11545 750 Lexington Avenue
Telephone (212) 754-8100 New York, New York 10022
Telephone (212) 735-8600
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
April 18, 2000
- --------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Sections 240.13d - 1(e), 240.13d-1(f) or 240.13d-1(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 240.13d-7 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 ("Act") 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 Name 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 2,661,133 shares 8.8%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
1,089,392 shares 3.7%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 2,661,133 shares 8.8%
Person _________________________________________________________________
10 Shared Dispositive Power
With
1,089,392 shares 3.7%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,750,525 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
12.3%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-2 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 1,089,392 shares 3.7%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
2,661,133 shares 8.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 1,089,392 shares 3.7%
Person _________________________________________________________________
10 Shared Dispositive Power
With
2,661,133 shares 8.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,750,525 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
12.3%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-3 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 1.4%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
193,180 shares 0.7%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 406,820 shares 1.4%
Person _________________________________________________________________
10 Shared Dispositive Power
With
193,180 shares 0.7%
________________________________________________________________________________
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)
2.1%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-4 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 0.5%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
461,580 shares 1.6%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 138,420 shares 0.5%
Person _________________________________________________________________
10 Shared Dispositive Power
With
461,580 shares 1.6%
________________________________________________________________________________
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)
2.1%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-5 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
545,240 shares 1.9%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 54,760 shares 0.2%
Person _________________________________________________________________
10 Shared Dispositive Power
With
545,240 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)
2.1%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-6 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-7 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-8 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
600,000 shares 2.1%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
600,000 shares 2.1%
________________________________________________________________________________
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)
2.1%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-9 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Wheatley Partners II, L.P. (formerly, 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 1.6%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
0 shares 0%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 471,875 shares 1.6%
Person _________________________________________________________________
10 Shared Dispositive Power
With
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)
1.6%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-10 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
471,875 shares 1.6%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
471,875 shares 1.6%
________________________________________________________________________________
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)
1.6%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-11 of 55-
<PAGE>
`
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
1,071,875 shares 3.7%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
1,071,875 shares 3.7%
________________________________________________________________________________
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)
3.7%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-12 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
1,071,875 shares 3.7%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
1,071,875 shares 3.7%
________________________________________________________________________________
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)
3.7%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-13 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
1,071,875 shares 3.7%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
1,071,875 shares 3.7%
________________________________________________________________________________
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)
3.7%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-14 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
471,875 shares 1.6%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
471,875 shares 1.6%
________________________________________________________________________________
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)
1.6%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-15 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
471,875 shares 1.6%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
471,875 shares 1.6%
________________________________________________________________________________
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)
1.6%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-16 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-17 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-18 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-19 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-20 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-21 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-22 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-23 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 0.1%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
0 shares 0%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 36,976 shares 0.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
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)
0.1%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-24 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 0.1%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 36,976 shares 0.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,701,347 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.9%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-25 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 15,625 shares 0.05%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
5,701,347 shares 17.9%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 15,625 shares 0.05%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,701,347 shares 17.9%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,716,972 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.9%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-26 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 0.1%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 36,976 shares 0.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,701,347 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.9%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-27 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 15,226 shares 0.1%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,679,597 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-28 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 0.02%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 6,526 shares 0.02%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,670,897 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-29 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 0.02%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 6,526 shares 0.02%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,670,897 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-30 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name 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 0.05%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 13,050 shares 0.05%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,677,421 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-31 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Sandler Capital Partners V, 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 1,313,846 shares 4.3%
Shares _________________________________________________________________
8 Shared Voting Power
Beneficially
0 shares 0%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 1,313,846 shares 4.3%
Person _________________________________________________________________
10 Shared Dispositive Power
With
0 shares 0%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,313,846 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
4.3%
________________________________________________________________________________
14 Type of Reporting Person*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-32 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
MEDG 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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-33 of 55-
<PAGE>
CUSIP No.
211914403 13D
________________________________________________________________________________
1 Name of Reporting Persons
I.R.S. Identification Nos. of Above Persons (Entities Only)
Edward Grinacoff
________________________________________________________________________________
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 _________________________________________________________________
8 Shared Voting Power
Beneficially
5,664,371 shares 17.8%
Owned By
_________________________________________________________________
Each 9 Sole Dispositive Power
Reporting 0 shares 0%
Person _________________________________________________________________
10 Shared Dispositive Power
With
5,664,371 shares 17.8%
________________________________________________________________________________
11 Aggregate Amount Beneficially Owned By Each Reporting Person
5,664,371 shares
________________________________________________________________________________
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[_]
________________________________________________________________________________
13 Percent of Class Represented by Amount in Row (11)
17.8%
________________________________________________________________________________
14 Type of Reporting Person*
IN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
-34 of 55-
<PAGE>
This statement, dated April 18, 2000, constitutes Amendment No. 1 to the
Schedule 13D, dated July 19, 1999, regarding the reporting persons ownership of
certain securities of Convergent Communications, Inc. (the "Issuer").
The Schedule 13D is hereinafter referred to as the "Schedule." All
capitalized terms used herein and otherwise undefined shall have the meanings
ascribed in the Schedule.
This Amendment No. 1 to the Schedule is filed in accordance with Rule 13d-2
of the Securities Exchange Act of 1934, as amended, by the reporting persons. It
shall refer only to information which has materially changed since the filing of
the Schedule.
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) Series B Cumulative Preferred Stock (the "Series B Preferred Stock"),
with a liquidation preference of $1,000 per share (plus accumulated
and unpaid dividends) accumulates dividends at a rate of 8.0% per
annum. The Series B Preferred Stock is mandatorily redeemable by the
Issuer at a price equal to the greater of (i) the Series B Preferred
Stock liquidation preference plus accrued and unpaid dividends, and
(ii) 60% of the market value of the shares of Common Stock into which
it is convertible, in each case on the tenth anniversary of its
original issuance. The Issuer has the option to redeem the shares of
Series B Preferred Stock after the fifth anniversary of its original
issuance at a price equal to the greater of (i) its liquidation
preference plus accrued and unpaid dividends, and (ii) the market
value of the shares of Common Stock into which it is convertible, in
each case at the time of redemption, plus a "make whole premium"
designed to compensate holders for the loss of such holders' dividend
income as a result of the redemption. The Series B Preferred Stock is
convertible into Common Stock at the option of the holder at any time
at a conversion price of $13.00 per share of Common Stock. The holders
of the Series B Preferred Stock vote together with the holders of the
Common Stock (and any holders of shares of Series A Preferred Stock),
as a single class, as if the Series B Preferred Stock has already
converted to Common Stock. Initially the Series B Preferred Stock held
by its reporting persons will convert, in the aggregate, into
1,923,077 shares of Common Stock.
(d) Series A Warrants (the "Series A Warrants"), expiring April 18, 2005,
entitling the holder to purchase one share of Common Stock at $20.00
per share.
-35 of 55-
<PAGE>
(e) Series B Warrants (the "Series B Warrants"), expiring April 18, 2005,
entitling the holder to purchase one share of Common Stock at $25.00
per share.
(f) Convergent Communications, Inc.
400 Inverness Drive South, Suite 400
Englewood, Colorado 80112
(303) 749-3000
ITEM 2. IDENTITY AND BACKGROUND
9. (a) Wheatley Partners II, L.P. (formerly, Applewood Associates,
L.P.), a limited partnership organized under the laws of the
State of New York ("Wheatley II").
(b) Address: c/o Applewood Capital Corp.
68 Wheatley Road
Brookville, New York 11545
(c) Principal Business: Investments.
(d) No.
(e) No.
31. (a) Sandler Capital Partners V L.P., a limited partnership organized
under the laws of the State of Delaware ("Sandler V").
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
SIP is a general partner of 21st Century, T-E, Foreign, Sandler IV, Sandler
IV FTE and Sandler V.
32. (a) MEDG Corp., a New York corporation.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Business: Investments.
(d) No.
(e) No.
33. (a) Edward Grinacoff, is the sole shareholder of MEDG Corp.
(b) Address: 767 Fifth Avenue
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
(f) Citizenship: United States.
-36 of 55-
<PAGE>
MEDG 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, Sandler IV
FTE, and Sandler V.
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, and Sandler V.
<TABLE>
<CAPTION>
Number of
Shares of Number of Number of
Series B Series A Series B
Preferred Stock Warrants Warrants Purchase Price
--------------- -------- -------- --------------
<S> <C> <C> <C> <C>
Sandler Capital Partners IV, L.P. 7,100 28,400 47,334 $ 7,100,000
Sandler Capital Partners IV FTE, L.P. 2,900 11,600 19,333 $ 2,900,000
Sandler Capital Partners V, L.P. 15,000 60,000 100,000 $15,000,000
</TABLE>
ITEM 4. Purpose of Transaction.
Other than Michael Marocco's capacity as a director of the Issuer and 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 28,932,281 shares of Common Stock outstanding as reported by the
Issuer in its Form 10-K/A, dated April 24, 2000), of outstanding shares of
Common Stock owned beneficially by each reporting person named in Item 2, as of
April 18, 2000:
-37 of 55-
<PAGE>
<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. 3,750,525(3)(4) 12.3%
Sandler Capital Partners IV FTE, L.P. 3,750,525(3)(4) 12.3%
21st Century Communications Partners, L.P. 600,000(4)(5) 2.1%
21st Century Communications T-E Partners, L.P. 600,000(4)(5) 2.1%
21st Century Communications Foreign Partners, L.P. 600,000(4)(5) 2.1%
Sandler Investment Partners, L.P. 5,664,371(3)(4)(5)(6) 17.8%
Sandler Capital Management 5,664,371(3)(4)(5)(6) 17.8%
Infomedia Associates, Ltd. 600,000(4)(7) 2.1%
Wheatley Partners II, L.P. 471,875(7) 1.6%
Applewood Capital Corp. 471,875(4)(7) 1.6%
Irwin Lieber 1,071,875(4)(5)(7) 3.7%
Barry Rubenstein 1,071,875(4)(5)(7) 3.7%
Barry Fingerhut 1,071,875(4)(5)(7) 3.7%
</TABLE>
- --------
(2) Includes shares of Common Stock issuable upon the exercise of the 1999
Warrants and upon the conversion of the Series B Preferred Stock, the
Series A Warrants and the Series B 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.
Includes 546,154 shares of Common Stock issuable upon the conversion
of the Series B Preferred Stock owned by Sandler IV, 28,400 shares of
Common Stock issuable upon the conversion of the Series A Warrants
owned by Sandler IV, and 47,334 shares of Common Stock issuable upon
the conversion of the Series B Warrants owned by Sandler IV.
Includes 223,077 shares of Common Stock issuable upon the conversion
of the Series B Preferred Stock owned by Sandler IV FTE, 11,600 shares
of Common Stock issuable upon the conversion of the Series A Warrants
owned by Sandler IV FTE, and 19,333 shares of Common Stock issuable
upon the conversion of the Series B 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 1,153,846 shares of Common Stock issuable upon the conversion
of the Series B Preferred Stock owned by Sandler V, 60,000 shares of
Common Stock issuable upon the conversion of the Series A Warrants
owned by Sandler V, and 100,000 shares of Common Stock issuable upon
the conversion of the Series B Warrants owned by Sandler V.
(7) Includes 400,000 shares of Common Stock owned by Wheatley II and
71,875 shares issuable upon the exercise of the 1999 Warrants owned by
Wheatley II.
- 38 of 55 -
<PAGE>
<TABLE>
<CAPTION>
Shares of Common Percentage of Shares
Stock Beneficially of Common Stock
Name Owned(2) Beneficially Owned(2)
- ---- -------- ---------------------
<S> <C> <C>
Seth Lieber 471,875(4)(7) 1.6%
Jonathan Lieber 471,875(4)(7) 1.6%
ARH Corp. 5,664,371(3)(4)(5)(6) 17.8%
MJDM Corp. 5,664,371(3)(4)(5)(6) 17.8%
Four JK Corp. 5,664,371(3)(4)(5)(6) 17.8%
ALCR Corp. 5,664,371(3)(4)(5)(6) 17.8%
SERF Corp. 5,664,371(3)(4)(5)(6) 17.8%
TERPSI Corp. 5,664,371(3)(4)(5)(6) 17.8%
JIRAKAL Corp. 5,664,371(3)(4)(5)(6) 17.8%
MJM Associates, L.P. 36,976(8) 0.1%
Harvey Sandler 5,701,347(3)(4)(5)(6)(9) 17.9%
Michael J. Marocco 5,716,972(3)(4)(5)(6)(8) 17.9%
John Kornreich 5,701,347(3)(4)(5)(6)(10) 17.9%
Andrew Sandler 5,679,597(3)(4)(5)(6)(11) 17.8%
Douglas Schimmel 5,670,897(3)(4)(5)(6)(12) 17.8%
Hannah Stone 5,670,897(3)(4)(5)(6)(13) 17.8%
David Lee 5,677,421(3)(4)(5)(6)(14) 17.8%
Sandler Capital Partners V, L.P. 1,313,846(6) 4.3%
</TABLE>
- --------
(8) Includes 27,201 shares of Common Stock owned by MJM Associates, and
9,775 shares issuable upon the exercise of the 1999 Warrants owned by
MJM Associates. For Mr. Marocco, includes 15,625 shares issuable upon
the exercise of currently exercisable non-qualified stock options.
(9) 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.
(10) 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.
(11) 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.
(12) 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.
(13) 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.
(14) 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.
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<PAGE>
Shares of Common Percentage of Shares
Stock Beneficially of Common Stock
Name Owned (2) Beneficially Owned (2)
- ---- --------- ----------------------
MEDG Corp. 5,664,371(3),(4),(5),(6) 17.8%
Edward Grinacoff 5,664,371(3),(4),(5),(6) 17.8%
(b) Sandler IV has sole power to vote and to dispose of 2,661,133 shares of
Common Stock (including 539,111 shares issuable upon the exercise of the 1999
Warrants, 546,154 shares issuable upon the conversion of the Series B Preferred
Stock, 28,400 shares issuable upon the conversion of the Series A Warrants and
47,334 shares issuable upon the conversion of the Series B Warrants ),
representing approximately 8.8% of the outstanding shares of Common Stock.
Sandler IV may be deemed to have shared power to vote and to dispose of
1,089,392 shares of Common Stock (including 220,848 shares issuable upon the
exercise of the 1999 Warrants, 223,077 shares issuable upon the conversion of
the Series B Preferred Stock, 11,600 shares issuable upon the conversion of the
Series A Warrants and 19,333 shares issuable upon the conversion of the Series B
Warrants), representing approximately 3.7% of the outstanding shares of Common
Stock.
Sandler IV FTE has sole power to vote and to dispose of 1,089,392 shares of
Common Stock (including 220,848 shares issuable upon the exercise of the 1999
Warrants, 223,077 shares issuable upon the conversion of the Series B Preferred
Stock, 11,600 shares issuable upon the conversion of the Series A Warrants and
19,333 shares issuable upon the conversion of the Series B Warrants),
representing approximately 3.7% of the outstanding shares of Common Stock.
Sandler IV FTE may be deemed to have shared power to vote and to dispose of
2,661,133 shares of Common Stock (including 539,111 shares issuable upon the
exercise of the 1999 Warrants, 546,154 shares issuable upon the conversion of
the Series B Preferred Stock, 28,400 shares issuable upon the conversion of the
Series A Warrants and 47,334 shares issuable upon the conversion of the Series B
Warrants), representing approximately 8.8% of the outstanding shares of Common
Stock.
Sandler V has sole power to vote and to dispose of 1,313,846 shares of
Common Stock (including 1,153,846 shares issuable upon the conversion of the
Series B Preferred Stock, 60,000 shares issuable upon the conversion of the
Series A Warrants and 100,000 shares issuable upon the conversion of the Series
B Warrants), representing approximately 4.3% 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 1.4% 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 0.7% 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 0.5% 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 1.6% 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
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<PAGE>
deemed to have shared power to vote and to dispose of 545,240 shares of Common
Stock, representing approximately 1.9% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Sandler IV, Sandler IV FTE, 21st
Century, T-E, Foreign and Sandler V, Sandler Investment Partners may be deemed
to have shared power to vote and to dispose of 5,664,371 shares of Common Stock
(including 759,959 shares issuable upon the exercise of the 1999 Warrants
1,923,077 shares issuable upon the conversion of the Series B Preferred Stock,
100,000 shares issuable upon the conversion of the Series A Warrants and 166,667
shares issuable upon the conversion of the Series B Warrants), representing
approximately 17.8% 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 5,664,371 shares of Common Stock (including 759,959 shares issuable
upon the exercise of the 1999 Warrants, 1,923,077 shares issuable upon the
conversion of the Series B Preferred Stock, 100,000 shares issuable upon the
conversion of the Series A Warrants and 166,667 shares issuable upon the
conversion of the Series B Warrants), representing approximately 17.8% 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 2.1% of the outstanding
shares of Common Stock.
Wheatley Partners II, L.P. 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 1.6% of the outstanding shares of
Common Stock.
By virtue of being a general partner of Wheatley II, 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 1.6% of the outstanding shares of Common
Stock.
By virtue of being a general partner of Wheatley II, 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 3.7% of the outstanding shares of Common Stock.
By virtue of being a general partner of Wheatley II, 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 3.7% of the outstanding shares of Common Stock.
By virtue of being a general partner of Wheatley II, 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 3.7% of the outstanding shares of Common Stock.
-41 of 55-
<PAGE>
By virtue of being a general partner of Wheatley II, 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 1.6% of the outstanding shares of Common Stock.
By virtue of being a general partner of Wheatley II, 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 1.6% of the outstanding shares of Common Stock.
By virtue of each entity being a general partner of Sandler Capital
Management, each of ARH Corp., MJDM Corp., Four JK Corp., ALCR Corp., SERF
Corp., TERPSI Corp., JIRAKAL Corp. and MEDG Corp., may be deemed to have shared
power to vote and to dispose of 5,664,371 shares of Common Stock (including
759,959 shares issuable upon the exercise of the 1999 Warrants, 1,923,077 shares
issuable upon the conversion of the Series B Preferred Stock, 100,000 shares
issuable upon the conversion of the Series A Warrants and 166,667 shares
issuable upon the conversion of the Series B Warrants), representing
approximately 17.8% 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 0.1% 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 0.1% 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 5,664,371 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants, 1,923,077 shares issuable upon the conversion of the Series B
Preferred Stock, 100,000 shares issuable upon the conversion of the Series A
Warrants and 166,667 shares issuable upon the conversion of the Series B
Warrants), representing approximately 17.8% of the outstanding shares of Common
Stock.
Michael Marocco has sole power to vote and to dispose of 15,625 shares of
Common Stock (consisting of 15,625 shares issuable upon the exercise of
currently exercisable non-qualified stock options), representing approximately
0.05% 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 5,701,347
shares of Common Stock (including 769,734 shares issuable upon the exercise of
the 1999 Warrants, 1,923,077 shares issuable upon the conversion of the Series B
Preferred Stock, 100,000 shares issuable upon the conversion of the Series A
Warrants and 166,667 shares issuable upon the conversion of the Series B
Warrants), representing approximately 17.9% 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 0.1% 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
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<PAGE>
dispose of 5,664,371 shares of Common Stock (including 759,959 shares issuable
upon the exercise of the 1999 Warrants 1,923,077 shares issuable upon the
conversion of the Series B Preferred Stock, 100,000 shares issuable upon the
conversion of the Series A Warrants and 166,667 shares issuable upon the
conversion of the Series B Warrants), representing approximately 17.8% of the
outstanding shares of Common Stock.
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 5,664,371 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants, 1,923,077 shares issuable upon the conversion of the Series B
Preferred Stock, 100,000 shares issuable upon the conversion of the Series A
Warrants and 166,667 shares issuable upon the conversion of the Series B
Warrants), representing approximately 17.8% 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 0.02% 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 5,664,371 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants, 1,923,077 shares issuable upon the conversion of the Series B
Preferred Stock, 100,000 shares issuable upon the conversion of the Series A
Warrants and 166,667 shares issuable upon the conversion of the Series B
Warrants), representing approximately 17.8% 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 0.02% 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 5,664,371 shares of
Common Stock (including 759,959 shares issuable upon the exercise of the 1999
Warrants, 1,923,077 shares issuable upon the conversion of the Series B
Preferred Stock, 100,000 shares issuable upon the conversion of the Series A
Warrants and 166,667 shares issuable upon the conversion of the Series B
Warrants), representing approximately 17.8% 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 5,664,371 shares of Common Stock
(including 759,959 shares issuable upon the exercise of the 1999 Warrants,
1,923,077 shares issuable upon the conversion of the Series B Preferred Stock,
100,000 shares issuable upon the conversion of the Series A Warrants and 166,667
shares issuable upon the conversion of the Series B Warrants), representing
approximately 17.8% of the outstanding shares of Common Stock.
By virtue of being the sole shareholder of MEDG Corp., Edward Grinacoff may
be deemed to have shared power to vote and to dispose of 5,664,371 shares of
Common Stock
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<PAGE>
(including 759,959 shares issuable upon the exercise of the 1999 Warrants,
1,923,077 shares issuable upon the conversion of the Series B Preferred Stock,
100,000 shares issuable upon the conversion of the Series A Warrants and 166,667
shares issuable upon the conversion of the Series B Warrants), representing
approximately 17.8% 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 February 17, 2000 through April 18, 2000, inclusive:
On April 18, 2000, the reporting persons acquired the Series B Preferred
Stock, Series A Warrants and Series B Warrants for in the aggregate,
$25,000,000, pursuant to the terms of the Securities Purchase Agreement, dated
as of April 4, 2000, among the Issuer, TPG Convergent I, L.L.C., Sandler IV and
Sandler V.
(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.
ITEM 6. Contracts Arrangements Understanding or Relationships with Respect to
Securities of the Issuer
In addition to the Securities Purchase Agreement, TPG Convergent I, L.L.C.,
Sandler IV, Sandler IV FTE and Sandler V entered into an Investor Rights
Agreement, dated April 18, 2000, with the Issuer, which sets forth certain
transfer restrictions, demand, piggyback and Form S-3 registration rights, and
grants certain other rights to the holders of the Series B Preferred Stock. The
Investor Rights Agreement also provides that in the event that the Issuer fails
to comply with certain covenants, an Operating Committee shall be formed by the
Board consisting of five members, including a representative of Sandler IV,
Sandler IV FTE and Sandler V.
ITEM 7. Materials to be Filed as Exhibits
Exhibit A. Agreement among the reporting persons, effective as of April 18,
2000, by which they have agreed to file this Schedule 13D and all necessary
amendments, as required by Rule 13d- 1.
Exhibit B - Securities Purchase Agreement, dated as of April 4, 2000,
incorporated by reference to the Issuer's Annual Report on Form 10-K/A for the
year ended December 31, 1999, Exhibit 4.10 (Commission File Number 333-53953).
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<PAGE>
Exhibit C - Investor Rights Agreement, dated April 18, 2000, incorporated
by reference to the Issuer's Annual Report on Form 10-K/A for the year ended
December 31, 1999, Exhibit 4.11 (Commission File Number 333-53953).
Exhibit D - Warrant Agreement, dated April 18, 2000, incorporated by
reference to the Issuer's Annual Report on Form 10-K/A for the year ended
December 31, 1999, Exhibit 4.12 (Commission File Number 333-53953).
-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: May 15, 2000
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 CAPITAL PARTNERS V, 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
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<PAGE>
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
INFOMEDIA ASSOCIATES, LTD.
By: /s/ Irwin Lieber
--------------------------------------------
Name: Irwin Lieber
Title: Secretary and Treasurer
WHEATLEY PARTNERS II, 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/ Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: Vice President and Secretary
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
MEDG CORP.
By: /s/ Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: President and Treasurer
/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
/s/ Edward Grinacoff
--------------------------------------------
Edward Grinacoff
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 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 securities 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 18th day of April, 2000.
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
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<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 CAPITAL PARTNERS V, 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
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<PAGE>
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
INFOMEDIA ASSOCIATES, LTD.
By: /s/ Irwin Lieber
---------------------------------------
Irwin Lieber, Secretary and Treasurer
WHEATLEY PARTNERS II, 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
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<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/ Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: Vice President and Secretary
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
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<PAGE>
MJM ASSOCIATES, L.P.
By: /s/ Michael J. Marocco
---------------------------------------
Name: Michael J. Marocco
Title: General Partner
MEDG CORP.
By: /s/ Moira Mitchell
---------------------------------------
Name: Moira Mitchell
Title: President and Treasurer
/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
/s/ Edward Grinacoff
--------------------------------------------
Edward Grinacoff
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