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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
CALLAGHAN DENNIS J. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) FLORIDA PANTHERS HOLDINGS, INC.; "PAW" (Month/Day/Year)
(Last) (First) (Middle) 7-9-97 --------------------------------------
28254 OLD COUNTRY CLUB ROAD ---------------------------- 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS or Social Security Person to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group Filing (Check
EASTON MARYLAND 21601 Person (Voluntary) X Director 10% Owner applicable line)
- -------------------------------------- ----- ----- X Form filed by
(City) (State) (Zip) ---------------------------- Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
----- More than One
---------------------------------- Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 4)
(Instr. 5)
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*If the form is filed by more than one Reporting Person, see Instruction 5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses) (8/96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security
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Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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WARRANTS (1) 12-31-98(2) CLASS A COMMON STOCK 25,456 $29.01 D N/A
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EXCHANGE RIGHTS (3) 1-31-01 CLASS A COMMON STOCK 88,125 $26.375 D N/A
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STOCK PURCHASE RIGHTS (4) 6-26-07 CLASS A COMMON STOCK 94,787 $0.50 D N/A
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STOCK OPTIONS (RIGHT TO BUY) (5) 7-09-07 CLASS A COMMON STOCK 250,000 $23.25 D N/A
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Explanation of Responses: (1) IN CONNECTION WITH THE ACQUISITION (THE "BOCA ACQUISITION") OF BOCA RATON RESORT AND CLUB,
MR. CALLAGHAN RECEIVED WARRANTS (THE "WARRANTS") TO PURCHASE UP TO 25,456 SHARES OF CLASS A COMMON
STOCK, PAR VALUE $.01 PER SHARE (THE "CLASS A COMMON STOCK"), OF FLORIDA PANTHERS HOLDINGS, INC.
(2) FIFTY PERCENT OF THE WARRANTS EXPIRE ON DECEMBER 31, 1998 AND THE REMAINING FIFTY PERCENT OF THE
WARRANTS EXPIRE ON DECEMBER 31, 1999.
(3) IN CONNECTION WITH THE BOCA ACQUISITION, MR. CALLAGHAN WAS GRANTED EXCHANGE RIGHTS TO RECEIVE 88,125
SHARES OF CLASS A COMMON STOCK.
(4) ON JUNE 26, 1997, MR. CALLAGHAN WAS GRANTED STOCK PURCHASE RIGHTS TO PURCHASE UP TO 94,787 SHARES OF
CLASS A COMMON STOCK.
(5) MR. CALLAGHAN WAS GRANTED STOCK OPTIONS TO PURCHASE UP TO 250,000 SHARES OF CLASS A COMMON STOCK ON
JULY 9, 1997. SUCH STOCK OPTIONS VEST IN FOUR EQUAL ANNUAL INSTALLMENTS BEGINNING ON JULY 9, 1998.
/s/ Dennis J. Callaghan 7-18-97
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- ------------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
DENNIS J. CALLAGHAN
Note. File three copies of this form, one of which must be manually signed. Page 2
If space provided is insufficient, See Instruction 6 for procedure. (8/96)
(Print or Type Responses)
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