SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1 AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13D-2(a)
CTC Communications Group, Inc.
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- ------------------------------------------------------------------------------
(Title of Class of Securities)
126418 10 2
- ------------------------------------------------------------------------------
(CUSIP Number)
Scott M. Sperling
Thomas H. Lee Company
75 State Street, Suite 2600
Boston, Massachusetts 02109
(617) 227-1050
- ------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
With a copy to:
Eric L. Cochran, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
Four Times Square
New York, New York 10036
(212) 735-3000
May 16, 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 that is the subject of this Schedule 13D, and
is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g),
check the following box: | |
CUSIP NO. 126418 10 2 13D PAGE 2 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Thomas H. Lee Equity Fund IV, L.P.
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 1,253,000 (see Item 5)
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
------------------------------------------
10 SHARED DISPOSITIVE POWER
1,253,000 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,253,000 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.6%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 3 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Thomas H. Lee Foreign Fund IV, L.P.
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 42,880 (see Item 5)
REPORTING -----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------
10 SHARED DISPOSITIVE POWER
42,880 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
42,880 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 4 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Thomas H. Lee Foreign Fund IV-B, L.P.
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 121,700 (see Item 5)
REPORTING ----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
----------------------------------------
10 SHARED DISPOSITIVE POWER
121,700 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
121,700 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.5%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 5 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
THL Equity Advisors IV, LLC
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* N/A
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 1,417,580 (see Item 5)
REPORTING -----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------
10 SHARED DISPOSITIVE POWER
1,417,580 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,417,580 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.2%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 6 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Thomas H. Lee Charitable Investment Limited Partnership
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 8,140 (see Item 5)
REPORTING -----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------
10 SHARED DISPOSITIVE POWER
8,140 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,140 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 7 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
THL-CCI Limited Partnership
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 40 (see Item 5)
REPORTING ----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
----------------------------------------
10 SHARED DISPOSITIVE POWER
40 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 8 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
THL Investment Management Corp.
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* N/A
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 40 (see Item 5)
REPORTING -----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------
10 SHARED DISPOSITIVE POWER
40 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 8 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
David V. Harkins
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 4,420 (see Item 5)
BENEFICIALLY ----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 500 (see Item 5)
REPORTING ----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 4,420 (see Item 5)
----------------------------------------
10 SHARED DISPOSITIVE POWER
500 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,920 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 9 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
The 1995 Harkins Gift Trust
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY -----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 500 (see Item 5)
REPORTING -----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
-----------------------------------------
10 SHARED DISPOSITIVE POWER
500 (see Item 5)
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 10 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1997 Thomas H. Lee Nominee Trust
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* OO
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 16,720 (see Item 5)
BENEFICIALLY -----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING -----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 16,720 (see Item 5)
-----------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,720 (see Item 5)
-----------------------------------------------------------------------------
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*
OO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 11 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Scott A. Schoen
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,680 (see Item 5)
BENEFICIALLY -----------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING -----------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 3,680 (see Item 5)
-----------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 12 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
C. Hunter Boll
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,680 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 3,680 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 13 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Scott M. Sperling
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,680 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 3,680 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 14 OF 51 PAGES
-----------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Anthony J. DiNovi
-----------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
-----------------------------------------------------------------------------
3 SEC USE ONLY
-----------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
-----------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
-----------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,680 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 3,680 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
-----------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680 (see Item 5)
-----------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
-----------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
-----------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 16 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Thomas M. Hagerty
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,680 (see Item 5)
BENEFICIALLY ----------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ----------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 3,680 (see Item 5)
----------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 17 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Warren C. Smith, Jr.
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 3,680 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING 0
PERSON ------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
3,680 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,680 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 18 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Seth Lawry
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,540 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING 0
PERSON ------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
1,540 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,540 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 19 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Kent R. Weldon
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,020 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,020 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,020 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 20 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Terrence M. Mullen
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 820 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY
EACH 8 SHARED VOTING POWER
REPORTING 0
PERSON ------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
820 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
820 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 21 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Todd M. Abbrecht
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 820 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 820 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
820 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 22 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Charles A. Brizius
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 620 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 620 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
620 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 23 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Scott Jaeckel
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 240 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 240 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
240 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 24 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Soren Oberg
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 240 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 240 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
240 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 25 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Thomas R. Shepherd
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 420 (see Item 5)
BENEFICIALLY ------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING ------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 420 (see Item 5)
------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
420 (see Item 5)
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ---------------------------------- ----------------------------
CUSIP NO. 126418 10 2 13D PAGE 26 OF 51 PAGES
- ---------------------------------- ----------------------------
- -------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Wendy L. Masler
- -------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS* PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 300 (see Item 5)
BENEFICIALLY --------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 300 (see Item 5)
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
300 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 27 OF 51 PAGES
- ---------------------------------- ----------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Andrew D. Flaster
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 100 (see Item 5)
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 100 (see Item 5)
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 28 OF 51 PAGES
- ---------------------------------- --------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Robert Schiff Lee 1988 Irrevocable Trust
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,000 (see Item 5)
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 1,000 (see Item 5)
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON 10 SHARED DISPOSITIVE POWER
WITH 1,000 (see Item 5)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
OO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 29 OF 51 PAGES
- ---------------------------------- ---------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Stephen Zachary Lee
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,000 (see Item 5)
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,000 (see Item 5)
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 30 OF 51 PAGES
- ---------------------------------- -----------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Charles W. Robins as Custodian for Jesse Lee
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 500 (see Item 5)
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON 10 SHARED DISPOSITIVE POWER
WITH 500 (see Item 5)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 31 OF 51 PAGES
- ---------------------------------- -----------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Charles W. Robins as Custodian for Nathan Lee
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 500 (see Item 5)
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON 10 SHARED DISPOSITIVE POWER
WITH 500 (see Item 5)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
500 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 32 OF 51 PAGES
- ---------------------------------- ------------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Charles W. Robins
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 400 (see Item 5)
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,000 (see Item 5)
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 400 (see Item 5)
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,000 (see Item 5)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,400 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 33 OF 51 PAGES
- ---------------------------------- ---------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
James Westra
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 7 SOLE VOTING POWER
SHARES 400 (see Item 5)
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 400 (see Item 5)
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
400 (see Item 5)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP NO. 126418 10 2 13D PAGE 34 OF 51 PAGES
- ---------------------------------- --------------------
NAMES OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
1
Putnam Investments, Inc.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS* WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) |_|
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF 7 SOLE VOTING POWER
SHARES 20,600 (see Item 5)
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 20,600 (see Item 5)
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,600 (see Item 5)
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*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1. Security and Issuer.
The class of equity securities to which this statement relates
is the Common Stock, $0.01 par value per share (the "Common Stock" or
"Shares"), of CTC Communications Group, Inc., a Delaware corporation (the
"Company"). The principal executive offices of the Company are located at
220 Bear Hill Road, Waltham, Massachusetts 02451.
Item 2. Identity and Background.
(a) - (c) and (f). This statement is being filed jointly on
behalf of the following persons (collectively, the "Reporting Persons"):
(1) Thomas H. Lee Equity Fund IV, L.P., a Delaware limited partnership
("Equity Fund"); (2) Thomas H. Lee Foreign Fund IV, L.P., a Delaware
limited partnership ("Foreign Fund"); (3) Thomas H. Lee Foreign Fund IV-B,
L.P., a Delaware limited partnership ("Foreign Fund B"); (4) THL Equity
Advisors IV, LLC, a Massachusetts limited liability company ("Advisors");
(5) Thomas H. Lee Charitable Investment Limited Partnership, a
Massachusetts limited partnership ("Charitable Investment"); (6) THL- CCI
Limited Partnership, a Massachusetts limited partnership ("THL/CCI"); (7)
THL Investment Management Corp., a Massachusetts corporation ("Management
Corp."); (8) certain parties affiliated with Thomas H. Lee Company, a
Massachusetts sole proprietorship, who are set forth on Schedule A hereto
(the "Affiliate Purchasers"); and (9) Putnam Investments, Inc., a
Massachusetts corporation ("Putnam"). Equity Fund, Foreign Fund, Foreign
Fund B, Charitable Investment, THL/CCI, the Affiliate Purchasers and Putnam
are referred to herein as the "THL Investors."
The address of each of the Reporting Persons other than Putnam
is c/o Thomas H. Lee Company, 75 State Street, Suite 2600, Boston,
Massachusetts 02109. The address of Putnam is One Post Office Square,
Boston, Massachusetts 02109.
Each of Equity Fund, Foreign Fund, Foreign Fund B and THL/CCI is
principally engaged in the business of investment in securities. Advisors
is principally engaged in the business of serving as general partner of
Equity Fund, Foreign Fund and Foreign Fund B. Management Corp. is
principally engaged in the business of serving as the general partner of
THL/CCI. Charitable Investment is principally engaged in charitable giving
supported by investments in securities. The Affiliate Purchasers are
employed by or affiliated with employees of Thomas H. Lee Company as
indicated in Schedule A hereto. Putnam is principally engaged in the
business of investment management.
Schedule B hereto sets forth information concerning other
persons and entities as to which such information is required to be
disclosed in response to Item 2 and General Instruction C to Schedule 13D.
(d) and (e). None of the Reporting Persons or any of their
directors, officers or trustees has been convicted in a criminal proceeding
during the past five years (excluding traffic violations and similar
misdemeanors).
None of the Reporting Persons or any of their directors,
officers or trustees has been party to a civil proceeding of a judicial or
administrative body of competent jurisdiction during the past five years as
a result of which it was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding any violation with
respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
Pursuant to a Stock Purchase Agreement, dated as of March 22,
2000 (the "Stock Purchase Agreement"), by and among the Company, Credit
Suisse First Boston Equity Partners, L.P., Credit Suisse First Boston
Equity Partners (Bermuda), L.P., Credit Suisse First Boston U.S. Executive
Advisors, L.P. and EMA Private Equity Fund 1999, L.P. (collectively, the
"Original Investors"), the Original Investors were entitled, subject to
compliance with the terms and conditions set forth therein, to purchase
200,000 shares of Series B Convertible Preferred Stock, $0.01 par value per
share (the "Series B Preferred Stock"), of the Company for aggregate
consideration of $200,000,000. The Company and the Original Investors
subsequently entered into Amendment No. 1 to the Stock Purchase Agreement
and an Assignment and Assumption Agreement, dated as of April 12, 2000
("Amendment No. 1"), with the THL Investors and certain entities affiliated
with Bain Capital, Inc. (collectively, the "Co-Investors" and, together
with the Original Investors, the "Investors"), pursuant to which the
Original Investors assigned to the Co-Investors their right to purchase
150,000 shares of Series B Preferred Stock under the Stock Purchase
Agreement.
Pursuant to the Stock Purchase Agreement, as amended, the THL
Investors purchased an aggregate of 75,000 shares of Series B Preferred
Stock for an aggregate cash purchase price of $75,000,000. Of this amount,
Equity Fund purchased 62,650 shares of Series B Preferred Stock for
$62,650,000, Foreign Fund purchased 2,144 shares of Series B Preferred
Stock for $2,144,000, Foreign Fund B purchased 6,085 shares of Series B
Preferred Stock for $6,085,000, Charitable Investment purchased 407 shares
of Series B Preferred Stock for $407,000, THL/CCI purchased two shares of
Series B Preferred Stock for $2,000, the Affiliate Purchasers purchased the
numbers of shares of Series B Preferred Stock for the amounts indicated on
Schedule A hereto and Putnam purchased 1,030 shares of Series B Preferred
Stock for $1,030,000.
Each of Equity Fund, Foreign Fund, Foreign Fund B, Charitable
Investment and THL/CCI obtained funds to make the purchases described
herein through capital contributions from their partners. The Affiliate
Purchasers obtained funds from their personal accounts to make the
purchases described herein. Putnam obtained funds to make the purchase
described herein from working capital.
Item 4. Purpose of Transactions.
The THL Investors purchased the Series B Preferred Stock for
general investment purposes and retain the right to change their investment
intent. Subject to market conditions and other factors, including the
restrictions on transfer and other restrictions described below, the THL
Investors may acquire or dispose of securities of the Company from time to
time in future open-market, privately negotiated or other transactions.
The Series B Preferred Stock is convertible, at the option of
the holder, into shares of the Company's Common Stock. For each share of
Series B Preferred Stock converted into Common Stock, the holder is
entitled to receive that number of shares of Common Stock equal to (x)
$1,000 plus accrued and unpaid dividends through the date of conversion
divided by (y) the then effective conversion price for the Series B
Preferred Stock (the "Conversion Price"), which is currently $50.00 per
share. If at any time the average market price of the Common Stock for a
period of 30 consecutive trading days equals or exceeds 200% of the
Conversion Price or fewer than 15% of the number of shares of Series B
Preferred Stock issued on May 16, 2000 (the "Closing Date") remain
outstanding, then the Company may cause the conversion of the outstanding
shares of Series B Preferred Stock at the then effective Conversion Price.
If the Company were to cause the conversion of the Series B Preferred Stock
prior to the third anniversary of the Closing Date, the Series B Preferred
Stock would be deemed to have accrued dividends to the third anniversary of
the Closing Date.
The Series B Preferred Stock will pay quarterly dividends at the
rate per annum of 8.25% of the stated amount thereof. Dividends are payable
in additional shares of Series B Preferred Stock prior to the third
anniversary of the Closing Date, and thereafter dividends are payable, at
the option of the Company, in cash or additional shares of Series B
Preferred Stock. The Series B Preferred Stock will vote on an as converted
basis with the Common Stock on matters submitted to the holders of the
Common Stock, and the Series B Preferred Stock will vote as a separate
class on certain specified matters, including specified "change-of-control"
events.
Under the terms of the Certificate of Designation for the Series
B Preferred Stock (the "Certificate of Designation"), on and after the
third anniversary of the Closing Date, the Company has the right to redeem
the outstanding shares of Series B Preferred Stock at a redemption price
equal to the stated amount of $1,000 per share plus accrued and unpaid
dividends thereon to the redemption date. On the tenth anniversary of the
Closing Date, the Company is required to redeem the outstanding shares of
Series B Preferred Stock out of funds legally available therefor at a
redemption price equal to the stated amount of $1,000 per share plus
accrued and unpaid dividends thereon to the redemption date.
Under the terms of the Stock Purchase Agreement, for so long as
the THL Investors own at least 50% of the number of shares of Series B
Preferred Stock issued to them on the Closing Date, the THL Investors have
the right to nominate one director to the Board of Directors of the
Company. On the Closing Date, Scott M. Sperling was appointed to the Board
of Directors of the Company as the THL Investors' nominee. If the Company
fails to comply with certain consent rights of the holders of Series B
Preferred Stock contained in the Stock Purchase Agreement, and such failure
continues for 60 days after notice to the Company from the holders of a
majority of the outstanding shares of Series B Preferred Stock, the
Investors will be entitled to nominate a number of directors that would
constitute a majority of the Board of Directors of the Company.
The Stock Purchase Agreement also provides that, until the
seventh anniversary of the Closing Date, the Investors will not: (i)
acquire any shares of capital stock of the Company, except (x) in a
transaction approved by the Board of Directors of the Company or (y) as
dividends or as a result of stock splits and similar reclassifications or
received in a consolidation, merger or other business combination in
respect of, in exchange for or upon conversion of shares of Series B
Preferred Stock or securities held by the Investors at the time of such
dividend, split or reclassification, consolidation or merger or business
combination; (ii) solicit proxies or consents or become a "participant" in
a "solicitation" (as such terms are defined in Regulation 14A under the
Exchange Act) of proxies or consents with respect to any voting securities
of the Company or initiate or become a participant in any stockholder
proposal or "election contest" (as such term is defined in Rule 14a-11
under the Exchange Act) with respect to the Company or induce others to
initiate the same; (iii) publicly or privately propose, encourage, solicit
or participate in the solicitation of any person or entity to acquire,
offer to acquire or agree to acquire, by merger, tender offer, purchase or
otherwise, the Company or a substantial portion of the assets or more than
5% of the outstanding capital stock; or (iv) directly or indirectly join in
or in any way participate in a pooling agreement, syndicate, voting trust
or other similar arrangement with respect to the Company's voting
securities or otherwise act in concert with any other person (other than
controlled affiliates) for the purpose of acquiring, holding, voting or
disposing of the Company's securities.
The Stock Purchase Agreement provides that, prior to the third
anniversary of the Closing Date, the Investors may not sell, transfer,
assign, convey, gift, mortgage, pledge, encumber, hypothecate or dispose
of, directly or indirectly, any shares of Series B Preferred Stock or
shares of Common Stock issuable upon conversion of the Series B Preferred
Stock, except for (i) transfers to affiliated transferees, (ii) transfers
to the Company in connection with any conversion or redemption of the
Series B Preferred Stock, (iii) transfers pursuant to the registration
rights described below, (iv) transfers pursuant to a merger or
consolidation involving the Company as a constituent corporation, (v)
transfers in connection with a tender offer approved by the Board of
Directors of the Company and (vi) certain other permitted transfers,
subject in the case of certain of these transfers to the transferee
agreeing to be bound by transfer restrictions contained in the Stock
Purchase Agreement. After the third anniversary of the Closing Date, the
Investors may transfer shares of Series B Preferred Stock or shares of
Common Stock issuable upon conversion of the Series B Preferred Stock
without the restrictions described above to any person who is not a
competitor of the Company or any of its subsidiaries, subject to applicable
federal and state securities laws.
On May 16, 2000, the Investors entered into a Registration
Rights Agreement (the "Registration Rights Agreement") with the Company,
pursuant to which the Investors have the right to require the Company to
register the shares of Common Stock issuable upon conversion of the Series
B Preferred Stock (the "Registrable Securities"). At any time after the one
year anniversary of the Closing Date, upon demand of not less than the
holders of 20% or $30 million of the Registrable Securities on a fully
diluted basis after giving effect to the conversion of all of the Series B
Preferred Stock, the Company will be required to file a registration
statement under the Securities Act of 1933, as amended (the "Securities
Act"), covering the sale of such securities. The Company will not be
required to file more than three such demand registration statements.
Pursuant to the terms of the Registration Rights Agreement, the holders of
Registrable Securities have unlimited "piggyback" registration rights
subject to standard underwriters' cutbacks.
Amendment No. 1 to the Stock Purchase Agreement is filed as an
exhibit to this Schedule 13D and is incorporated herein by reference. The
Stock Purchase Agreement, the Certificate of Designation and the
Registration Rights Agreement have been filed as exhibits to the Company's
Current Report on Form 8-K filed with the Securities Exchange Commission on
April 19, 2000 and are incorporated herein by reference. The foregoing
descriptions of such agreements are not intended to be complete and are
qualified in their entirety by reference to such exhibits.
Item 5. Interest in Securities of the Issuer.
(a) and (b). By virtue of the relationships described herein,
the Reporting Persons may be deemed to constitute a "group" within the
meaning of Rule 13d-5(b) under the Exchange Act. As a member of a group,
each Reporting Person may be deemed to share voting and dispositive power
with respect to, and therefore beneficially own, the Shares beneficially
owned by the members of the group as a whole. As of the date hereof, the
Reporting Persons collectively own an aggregate of 1,500,000 Shares, or
approximately 5.5% of the Outstanding Shares (as defined below). For
purposes of calculating ownership percentages in this Schedule 13D, the
number of "Outstanding Shares" includes (i) the 25,991,529 Shares
outstanding on May 16, 2000 based on information provided to the Investors
by the Company and (ii) the Shares issuable upon conversion of the Series B
Preferred Stock held by the Reporting Persons whose ownership is being
measured, excluding for such purpose the Shares issuable upon conversion of
any other shares of Series B Preferred Stock or other convertible
securities. Each of the Reporting Persons expressly disclaims beneficial
ownership of those Shares held by any other members of such group or of
Shares held individually by certain directors or executive officers of
certain of the Reporting Persons, if any.
Charitable Investment and the Affiliate Purchasers acquired
their shares of Series B Preferred Stock as a co-investment required by the
terms of the partnership agreements of Equity Fund, Foreign Fund and
Foreign Fund B. Such agreements require that the Charitable Investment and
the Affiliate Purchasers hold and sell their Series B Preferred Stock and
the Common Stock into which such Series B Preferred Stock converts on a pro
rata basis.
Equity Fund has obtained direct beneficial ownership of
1,253,000 Shares pursuant to the Stock Purchase Agreement, representing
approximately 4.6% of the Outstanding Shares. Equity Fund has shared voting
and shared dispositive power with respect to such Shares.
Foreign Fund has obtained direct beneficial ownership of 42,880
Shares pursuant to the Stock Purchase Agreement, representing approximately
0.2% of the Outstanding Shares. Foreign Fund has shared voting and shared
dispositive power with respect to such Shares.
Foreign Fund B has obtained direct beneficial ownership of
121,700 Shares pursuant to the Stock Purchase Agreement, representing
approximately 0.5% of the Outstanding Shares. Foreign Fund B has shared
voting and shared dispositive power with respect to such Shares.
Charitable Investment has obtained direct beneficial ownership
of 8,140 Shares pursuant to the Stock Purchase Agreement, representing less
than 0.1% of the Outstanding Shares. Foreign Fund B has shared voting and
shared dispositive power with respect to such Shares.
THL/CCI has obtained direct beneficial ownership of 40 Shares
pursuant to the Stock Purchase Agreement, representing less than 0.1% of
the Outstanding Shares. THL/CCI has shared voting and shared dispositive
power with respect to such Shares.
The Affiliate Purchasers have obtained direct beneficial
ownership of the number of Shares indicated on Schedule A hereto and have
sole voting and sole dispositive power with respect to such Shares except
as described below. David V. Harkins may be deemed to share voting and
dispositive power over Shares held by the 1995 Harkins Gift Trust. The
filing of this Schedule 13D shall not be construed as an admission that Mr.
Harkins is, for the purpose of Section 13(d) of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), the beneficial owner of such
Shares. Charles W. Robins may be deemed to share voting and dispositive
power over Shares held as custodian for Jesse Lee and Nathan Lee, and as
trustee of the Robert Schiff Lee 1988 Irrevocable Trust. The filing of this
Schedule 13D shall not be construed as an admission that Mr. Robins is, for
the purpose of Section 13(d) of the Exchange Act, the beneficial owner of
such Shares.
Putnam has obtained beneficial ownership of 20,600 Shares
pursuant to the Stock Purchase Agreement, representing approximately 0.1%
of the Outstanding Shares. Putnam has sole voting and sole dispositive
power with respect to such Shares.
Advisors, as the general partner of Equity Fund, Foreign Fund
and Foreign Fund B, may be deemed to share voting and dispositive power
with respect to 1,417,580 Shares beneficially owned by Equity Fund, Foreign
Fund and Foreign Fund B, which represents approximately 5.2% of the
Outstanding Shares. The filing of this Schedule 13D by Advisors shall not
be construed as an admission that Advisors is, for the purpose of Section
13(d) of the Exchange Act, the beneficial owner of Shares held by Equity
Fund, Foreign Fund, and Foreign Fund B.
Thomas H. Lee may be deemed to share voting and dispositive
power with respect to (i) 1,417,580 Shares currently held by Advisors, in
his capacity as the managing member of Advisors, (ii) 8,140 Shares
currently held by Charitable Investment, in his capacity as general partner
of Charitable Investment and (iii) 40 Shares currently held by THL/CCI, in
his capacity as Chief Executive Officer and sole shareholder of Management
Corp., the general partner of THL/CCI, representing in the aggregate
approximately 5.2% of the Outstanding Shares. The filing of this Schedule
13D shall not be construed as an admission that Thomas H. Lee is, for the
purpose of Section 13(d) of the Exchange Act, the beneficial owner of
Shares held by Advisors, Charitable Investment or THL/CCI.
Management Corp., as the general partner of THL/CCI, may be
deemed to share voting and dispositive power with respect to 40 Shares
beneficially owned by THL/CCI, representing less than 0.1% of the
Outstanding Shares. The filing of this Schedule 13D by THL/CCI shall not be
construed as an admission that Management Corp. is, for the purpose of
Section 13(d) of the Exchange Act, the beneficial owner of Shares held by
THL/CCI.
All of the foregoing information as to number of Shares and
percentage of the Outstanding Shares beneficially owned is set forth
without giving effect to the accrual of dividends payable in additional
shares of Series B Preferred Stock.
Neither the filing of this Schedule 13D nor any of its contents
shall be deemed to constitute an admission that a Reporting Person is the
beneficial owner of any of the Shares other than those which such Reporting
Person has acquired pursuant to the Stock Purchase Agreement, as amended.
(c) The responses to Items 3 and 4 of this Schedule 13D are
incorporated herein by reference.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer.
The responses to Items 3, 4 and 5 of this Schedule 13D and the
Exhibits to this Schedule 13D are incorporate herein by this reference.
Except for the agreements described in Items 3 and 4, to the
best knowledge of the Reporting Persons, there are no contracts,
arrangements, understandings or relationships (legal or otherwise) between
the persons named in Item 2, and any other person, with respect to any
securities of the Company, including but not limited to transfer or voting
of any of the securities, finder's fees, joint ventures, loan or option
arrangements, puts or calls, guarantees of profits, division of profits or
loss, or the giving or withholding of proxies.
Item 7. Material to be Filed as Exhibits.
Exhibit 1:* Joint Filing Agreement dated as of May 26,
2000 by and among the Reporting Persons.
Exhibit 2: Stock Purchase Agreement dated as of March 22,
2000 by and among the Company, Credit Suisse
First Boston Equity Partners, L.P., Credit
Suisse First Boston Equity Partners (Bermuda)
L.P. Credit Suisse First Boston U.S. Executive
Advisers, L.P. and EMA Private Equity Fund
1999, L.P. (the "CSFB Investors")
(incorporated herein by reference to Exhibit
10.1 to the Company's Current Report on Form
8-K filed with the Commission on April 19,
2000).
Exhibit 3:* Amendment No. 1 to Stock Purchase Agreement
dated as of April 12, 2000 by and among the
Company, the CSFB Investors, Thomas H. Lee
Equity Fund IV, L.P., Thomas H. Lee Foreign
Fund IV, L.P., Thomas H. Foreign Fund-B, L.P.,
Thomas H. Lee Investors Limited Partnership,
Thomas H. Lee Charitable Investment Limited
Partnership, 1997 Thomas H. Lee Nominee Trust,
Bain Capital Fund VI, L.P., Bain Capital VI
Coinvestment Fund, L.P., BCIP Associates II,
BCIP Trust Associates II, BCIP Associates
II-B, BCIP Associates II-B, BCIP Trust
Associates II-B, BCIP Associates II-C, PEP
Investments Pty Ltd. Brookside Capital
Partners Fund L.P., Sankaty High Yield Asset
Partners, L.P. and the Investors set forth on
the signature pages thereto.
Exhibit 4: Certificate of Designation relating to the
Series B Preferred Stock (incorporated herein
by reference to Exhibit 3.1 to the Company's
Current Report on Form 8-K filed with the
Commission on April 19, 2000).
Exhibit 5: Form of Registration Rights Agreement by
and among the Company and the persons listed
on the signature pages thereto (incorporated
herein by reference to Exhibit 10.2 to the
Company's Current Report on Form 8-K filed
with the Commission on April 19, 2000).
Exhibit 6:* Power of Attorney dated May 26, 2000 by the
Affiliate Purchasers in favor of Scott A.
Schoen.
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of
each of the undersigned, such person certifies that the information set
forth in this Statement with respect to such person is true, complete and
correct.
IN WITNESS WHEREOF, each of the undersigned has executed this
schedule as of the 26th day of May, 2000.
THOMAS H. LEE EQUITY FUND IV, L.P.
By: THL Equity Advisors IV, LLC
By:/s/ Scott A. Schoen
------------------------------
Name: Scott A. Schoen
Title: Managing Director
THOMAS H. LEE FOREIGN FUND IV, L.P.
By: THL Equity Advisors IV, LLC
By:/s/ Scott A. Schoen
------------------------------
Name: Scott A. Schoen
Title: Managing Director
THOMAS H. LEE FOREIGN FUND IV-B, L.P.
By: THL Equity Advisors IV, LLC
By:/s/ Scott A. Schoen
---------------------------------
Name: Scott A. Schoen
Title: Managing Director
THL EQUITY ADVISORS IV, LLC
By:/s/ Scott A. Schoen
--------------------------------
Name: Scott A. Schoen
Title: Managing Director
THOMAS H. LEE CHARITABLE INVESTMENT
LIMITED PARTNERSHIP
By: Thomas H. Lee, as General Partner
By:/s/ Thomas H. Lee
---------------------------------
Name: Thomas H. Lee
Title: General Partner
THL-CCI LIMITED PARTNERSHIP
By: THL Investment Management Corp.
By:/s/ Wendy L. Masler
--------------------------------
Name: Wendy L. Masler
Title: Vice President
THL INVESTMENT MANAGEMENT CORP.
By:/s/ Scott A. Schoen
----------------------------
Name: Scott A. Schoen
Title: Managing Director
AFFILIATE PURCHASERS as listed on
Schedule A to this to Schedule 13D,
pursuant to powers of attorney executed
in favor of and granted and delivered to
Scott A. Schoen.
By:/s/ Scott A. Schoen
-----------------------------
Attorney-in-fact for all
Affiliate Purchasers
PUTNAM INVESTMENTS, INC.
By:/s/ William H. Woolverton
-------------------------------
Name: William H. Woolverton
Title: Managing Director and
General Counsel
SCHEDULE A
AFFILIATE PURCHASERS
Set forth below are the names of the Affiliate Purchasers that hold
shares of Series B Preferred Stock of the Company. Opposite each name is
the number of shares of Common Stock beneficially owned by each of the
Affiliate Purchasers by virtue of their holding shares of Series B
Preferred Stock.
1997 Thomas H. Lee Nominee Trust..................................16,720
David V. Harkins...................................................4,420
The 1995 Harkins Gift Trust..........................................500
Scott A. Schoen....................................................3,680
C. Hunter Boll.....................................................3,680
Scott Sperling Family Limited Partnership..........................3,680
Anthony J. DiNovi..................................................3,680
Thomas M. Hagerty..................................................3,680
Warren C. Smith, Jr................................................3,680
Seth W. Lawry......................................................1,540
Kent R. Weldon.....................................................1,020
Terrence M. Mullen...................................................820
Todd M. Abbrecht.....................................................820
Charles A. Brizius...................................................620
Scott Jaeckel........................................................240
Soren Oberg..........................................................240
Thomas R. Shepherd...................................................420
Wendy L Masler.......................................................300
Andrew D. Flaster....................................................100
Robert Schiff Lee 1988 Irrevocable Trust...........................1,000
Stephen Zachary Lee................................................1,000
Charles W. Robins as Custodian for Jesse Lee.........................500
Charles W. Robins as Custodian for Nathan Lee........................500
Charles W. Robins....................................................400
James Westra.........................................................400
SCHEDULE B
Each of the following individuals is a United States citizen and,
with the exception of Charles W. Robins, James Westra, Stephen Zachary Lee,
Jesse Lee, and Nathan Lee, is employed by the Thomas H. Lee Company, 75
State Street, Suite 2600, Boston, Massachusetts 02109: David V. Harkins,
Scott A. Schoen, C. Hunter Boll, Scott M. Sperling, Anthony J. DiNovi,
Thomas M. Hagerty, Warren C. Smith, Jr., Seth W. Lawry, Kent R. Weldon,
Terrence M. Mullen, Todd M. Abbrecht, Charles A. Brizius, Scott Jaeckel,
Soren Oberg, Thomas R. Shepherd, Wendy L. Masler, Andrew D. Flaster,
Stephen Zachary Lee, Jesse Lee, Nathan Lee, Charles W. Robins and James
Westra
Charles W. Robins and James Westra are employed by Hutchins,
Wheeler & Dittmar, a Professional Corporation, 101 Federal Street, Boston,
Massachusetts 02110. Stephen Zachary Lee, Jesse Lee and Nathan Lee are not
employed.
Each of the following officers and trustees of THL Investment
Management Corp. is a United States citizen and, with the exception of
Charles W. Robins and James Westra, is employed by the Thomas H. Lee
Company, 75 State Street, Suite 2600, Boston, Massachusetts 02109:
THL Investment Management Corp.
Chief Executive Officer: Thomas H. Lee
Chairman of the Board: Thomas H. Lee
President: David V. Harkins
Vice Presidents: C. Hunter Boll
Anthony J. DiNovi
Thomas M. Hagerty
Wendy L. Masler
Scott A. Schoen
Thomas R. Shepherd
Warren C. Smith, Jr.
Scott M. Sperling
Seth W. Lawry
Kent R. Weldon
Treasurer: Wendy L. Masler
Assistant Treasurer: Andrew D. Flaster
Clerk: Wendy L. Masler
Assistant Clerks: Charles Robins
James Westra
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) promulgated under the
Securities Exchange Act of 1934, as amended, the undersigned hereby agree
to the joint filing with all other Reporting Persons listed below on behalf
of each of them of a Statement on Schedule 13D (including any amendments
thereto) with respect to the common stock, par value $0.01 per share, of
CTC Communications Group, Inc., a Delaware corporation. The undersigned
further consent and agree to the inclusion of this Agreement as an Exhibit
to such Schedule 13D. This Agreement may be executed in any number of
counterparts, all of which taken together shall constitute one and the same
instrument.
IN WITNESS WHEREOF, the undersigned have executed this
agreement as of the 26th day of May 2000.
THOMAS H. LEE EQUITY FUND IV, L.P.
By: THL Equity Advisors IV, LLC
By:/s/ Scott A. Schoen
---------------------------
Name: Scott A. Schoen
Title: Managing Director
THOMAS H. LEE FOREIGN FUND IV, L.P.
By: THL Equity Advisors IV, LLC
By:/s/ Scott A. Schoen
---------------------------
Name: Scott A. Schoen
Title: Managing Director
THOMAS H. LEE FOREIGN FUND IV, L.P.
By: THL Equity Advisors IV, LLC
By:/s/ Scott A. Schoen
----------------------------
Name: Scott A. Schoen
Title: Managing Director
THL EQUITY ADVISORS IV, LLC
By:/s/ Scott A. Schoen
------------------------------
Name: Scott A. Schoen
Title: Managing Director
THOMAS H. LEE CHARITABLE INVESTMENT
LIMITED PARTNERSHIP
By: Thomas H. Lee, as General Partner
By:/s/ Thomas H. Lee
--------------------------------
Name: Thomas H. Lee
Title: General Partner
THL-CCI LIMITED PARTNERSHIP
By: THL Investment Management Corp.
By:/s/ Wendy L. Masler
----------------------------------
Name: Wendy L. Masler
Title: Vice President
THL INVESTMENT MANAGEMENT CORP.
By:/s/ Scott A. Schoen
----------------------------------
Name: Scott A. Schoen
Title: Managing Director
AFFILIATE PURCHASERS as listed on
Schedule A to this to Schedule 13D,
pursuant to powers of attorney
executed in favor of and granted
and delivered to Scott A. Schoen.
By:/s/ Scott A. Schoen
-----------------------------
Attorney-in-fact for all
Affiliate Purchasers
PUTNAM INVESTMENTS, INC.
By:/s/ William H. Woolverton
---------------------------------
Name: William H. Woolverton
Title: Managing Director and
General Counsel
EXHIBIT 3
AMENDMENT NO. 1 TO THE SERIES B PREFERRED STOCK PURCHASE
AGREEMENT AND ASSIGNMENT AND ASSUMPTION
This Amendment No. 1 to the Series B Preferred Stock Purchase Agreement
and Assignment and Assumption is made as of April 12, 2000 by and among the
following:
(i) CTC Communications Group, Inc., a Delaware corporation (the
"Company");
(ii) each of the Persons listed on the signature pages hereto as
an Original Purchaser (each, individually an "Original
Purchaser," and collectively, the "Original Purchasers");
and
(iii) each of the Persons listed on the signature pages hereto as
Additional Purchasers (each, individually an "Additional
Purchaser," and collectively, the "Additional Purchasers").
WITNESSETH:
WHEREAS, the Company and the Original Purchasers have entered into
a Series B Preferred Stock Purchase Agreement dated as of March 22, 2000
(the "Purchase Agreement") and now desire to modify the Purchase Agreement
as set forth herein;
WHEREAS, the Original Purchasers desire to assign, pursuant to
Section 8.2 of the Purchase Agreement (as modified hereby, the "Amended
Purchase Agreement"), a portion of their rights to purchase shares of
Series B Preferred Stock to the Additional Purchasers; and
WHEREAS, the Additional Purchasers wish to accept such assignment
and to join the Amended Purchase Agreement as Purchasers;
NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants and agreements set forth below, the parties hereto agree as
follows:
1. Definitions. Capitalized terms used but not defined herein shall
have the meanings assigned to those terms in the Purchase Agreement.
2. Amendments to the Purchase Agreement.
2.1 Section 4.1.10 of the Purchase Agreement hereby is
amended and restated in its entirety as follows:
"4.1.10. Board of Directors. The Company shall have
taken all the steps necessary to cause the individuals
designated pursuant to Section 5.3.2 to be elected to the
Board of Directors immediately after the Closing."
2.2 Section 5 of the Purchase Agreement hereby is amended by
inserting the phrase ", as adjusted as appropriate to reflect stock
splits, stock combinations, stock dividends, stock
reclassifications or similar events" in the following places: (a)
in Section 5.3.1(ii) immediately after the phrase "(or Common Stock
into which such Preferred Stock was convertible)", (b) in Section
5.3.1(iii) immediately after the phrase "(or Common Stock into
which such Preferred Stock was convertible)", (c) in Section 5.3.2
immediately after the phrase "(or Common Stock into which such
Preferred Stock was convertible)", (d) in Section 5.3.7 immediately
after the phrase "(or Common Stock into which such Preferred Stock
was convertible)" each time it appears therein, (e) in Section 5.5
immediately after the phrase "50% of the shares of Preferred Stock
issued on the Closing Date", and (f) in Section 5.6.2 immediately
after the phrase "30% of the shares of Series B Preferred Stock
issued on the Closing Date".
2.3 Section 5.5 of the Purchase Agreement hereby is amended
by deleting the phrase "provided, however, that notwithstanding the
foregoing the Purchasers and subsequent holders of the Securities
may Transfer Shares" and replacing it with the phrase "provided,
however, that notwithstanding the foregoing the Purchasers and
subsequent holders of the Securities may Transfer Securities".
2.4 Section 8.2 of the Purchase Agreement hereby is amended
by deleting the phrase "one-third" each time it occurs therein and
replacing it in each case with the phrase "thirty-seven and
one-half percent (37.5%)" and by deleting the phrase "within ten
days" appearing therein and replacing it with the phrase "within 21
days".
2.5 Exhibit A to the Purchase Agreement shall be amended and
restated in its entirety as set forth in Exhibit A attached hereto.
2.6 Exhibit B to the Purchase Agreement (Certificate of
Designation) hereby is amended as follows:
2.6.1 By deleting the phrase "Series B or Series C
Preferred Stock" each time it occurs in the Section 2 in the
definition of "Change of Control" and replacing it in each
instance with the phrase "Series B Preferred Stock" and by
deleting the phrase "or similar provisions in any Agreement
relating to the Series C Preferred Stock" also appearing in
such definition;
2.6.2 By deleting the definition of "Series C
Preferred Stock" appearing in Section 2;
2.6.3 By deleting the phrase "plus an amount equal to
all dividends accrued and unpaid thereon to the date fixed
for redemption, whether declared or undeclared" appearing in
clause (a) of Section 6.1;
2.6.4 By deleting the following appearing in Section
8.10.2:
"(B) as consideration for the acquisition of a
business or of assets, (C) in a firmly committed
underwritten public offering, (D) to the Corporation's joint
venture partners in exchange for interests in the relevant
joint venture, (E) issued in connection with issuances of
debt registered under the Securities Act of 1933, as
amended, or in a transaction not requiring registration
pursuant to Rule 144A thereunder or (F) upon exercise or
conversion of any security the issuance of which caused an
adjustment under Section 8.10.1, 8.10.3 or 8.10.4 hereof or
the issuance of which did not require adjustment
thereunder)"
and replacing it with the following:
"(B) as consideration for the acquisition of a
business or of assets, but only to the extent the aggregate
consideration for all such acquisitions consummated after
the Closing Date, for which the consideration per security
determined as set forth below is less than the Conversion
Price on the date of the relevant issuance, does not exceed
$200,000,000, (C) to the Corporation's joint venture
partners in exchange for interests in the relevant joint
venture, (D) issued in connection with issuances of debt
registered under the Securities Act of 1933, as amended, or
in a transaction not requiring registration pursuant to Rule
144A thereunder or (E) upon exercise or conversion of any
security the issuance of which caused an adjustment under
Section 8.10.1, 8.10.3 or 8.10.4 hereof or the issuance of
which did not require adjustment thereunder)";
2.6.5 By deleting the phrase "determined by dividing
the number of shares of Common Stock issuable upon exercise
or conversion of such rights, options, warrants or other
securities by the sum of" appearing in Section 8.10.2 and
replacing it with the phrase "determined by dividing (i) the
number of shares of Common Stock issuable upon exercise or
conversion of such rights, options, warrants or other
securities into (ii) the sum of";
2.6.6 By deleting the following appearing in Section
8.10.3:
"(B) as consideration for the acquisition of a
business or of assets, (C) in a firmly committed
underwritten public offering, (D) to the Corporation's joint
venture partners in exchange for interests in the relevant
joint venture, (E) issued in connection with issuances of
debt registered under the Securities Act of 1933, as
amended, or in a transaction not requiring registration
pursuant to Rule 144A thereunder (F) upon conversion of the
Series B Preferred Stock, (G) upon exercise of conversion of
any security outstanding as of the Closing Date or (H) upon
exercise or conversion of any security the issuance of which
caused an adjustment under Section 8.10.1, 8.10.2 or 8.10.4
hereof or the issuance of which did not require adjustment
thereunder)"
and replacing it with the following:
"(B) as consideration for the acquisition of a
business or of assets, but only to the extent the aggregate
consideration for all such acquisitions consummated after
the Closing Date, for which the consideration per share is
less than the Conversion Price on the date of the relevant
issuance, does not exceed $200,000,000, (C) to the
Corporation's joint venture partners in exchange for
interests in the relevant joint venture, (D) issued in
connection with issuances of debt registered under the
Securities Act of 1933, as amended, or in a transaction not
requiring registration pursuant to Rule 144A thereunder, (E)
upon conversion of the Series B Preferred Stock, (F) upon
exercise of conversion of any security outstanding as of the
Closing Date or (G) upon exercise or conversion of any
security the issuance of which caused an adjustment under
Section 8.10.1, 8.10.2 or 8.10.4 hereof or the issuance of
which did not require adjustment thereunder)";
2.6.7 By deleting the phrase "(the "Trigger Price")"
appearing in Sections 8.10.2 and 8.10.3;
2.6.8 By deleting the phrase "at the Trigger Price"
appearing in Sections 8.10.2 and 8.10.3 and replacing it in
each instance with the phrase "at the Conversion Price on
the date of such issuance"; and
2.6.9 By deleting the phrase "Section 4.6" appearing
in Section 8.10.5 and replacing it with the phrase "Section
4.5".
2.7 Exhibit C to the Purchase Agreement (Registration Rights
Agreement) hereby is amended as follows:
2.7.1 By inserting the phrase "the lesser of"
immediately before the phrase "20% or $30 million" appearing
in Section 2.a(i);
2.7.2 By deleting the phrase ", with rights to be
included therein," as it currently appears in clause (2) of
Section 5.a(i) and by inserting the phrase "with rights to
be included therein" in clause (2) of Section 5.a(i)
immediately after the phrase "Common Stock of all holders";
and
2.7.3 By inserting the phrase "(whether pursuant to
Section 2 or Section 3 hereof)" immediately before the
period at the end of Section 5.a(i).
3. Assignment. Pursuant to Section 8.2 of the Amended Purchase
Agreement, the Original Purchasers hereby assign (a) to the Additional
Purchasers listed on the signature pages hereto as Bain Funds (together,
the "Bain Funds") collectively the right to purchase an aggregate of
thirty-seven and one-half percent (37.5%) of the number of shares of Series
B Preferred Stock to be issued on the Closing Date; and (b) to the
Additional Purchasers listed on the signature pages hereto as TH Lee
Investors (together, the "TH Lee Investors") the right to purchase an
aggregate of thirty-seven and one-half percent (37.5%) of the number of
shares of Series B Preferred Stock to be issued on the Closing Date. The
Bain Funds shall be Bain Holders and Purchasers for all purposes under the
Amended Purchase Agreement and shall have the same rights as Purchasers as
if they were originally Purchaser parties thereto. The TH Lee Investors
shall be THL Holders and Purchasers for all purposes under the Amended
Purchase Agreement and shall have the same rights as Purchasers as if they
were originally Purchaser parties thereto.
4. Acceptance and Assumption. The Bain Funds hereby accept the
assignment set forth in Section 3 and hereby assume all obligations, and
agree to be bound by all terms and conditions, of the Amended Purchase
Agreement as if they were originally Purchaser parties thereto. The TH Lee
Investors hereby accept the assignment set forth in Section 3 and hereby
assume all obligations, and agree to be bound by all terms and conditions,
of the Amended Purchase Agreement as if they were originally Purchaser
parties thereto.
5. Further Assurances. Each of the Company, the Original Purchasers
and the Additional Purchasers agrees that it will execute and deliver such
other agreements and take such other action as is necessary to carry out
the terms and intent of this Agreement.
6. Incorporation of Certain Provisions of the Purchase Agreement.
The provisions of Section 8 of the Amended Purchase Agreement are
incorporated herein by reference as if such provisions were set forth in
full herein.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as
a sealed instrument as of the day and year first above written.
The Company: CTC COMMUNICATIONS GROUP, INC.
By: ________________________________
Name:
Title:
[Signatures continue on following page]
The Original Purchasers:
CREDIT SUISSE FIRST BOSTON EQUITY
PARTNERS, L.P.
By: Credit Suisse First Boston Advisory
Partners, LLC, as Investment Advisor
By:
Name:
Title:
Address for notices:
11 Madison Avenue
New York, NY 10010
Facsimile: (212) 325-2291
Attention: Hartley R. Rogers
Michael Schmertzler
CREDIT SUISSE FIRST BOSTON EQUITY
PARTNERS (BERMUDA), L.P.
By: Credit Suisse First Boston Advisory
Partners, LLC, as Investment Advisor
By:
Name:
Title:
Address for notices:
11 Madison Avenue
New York, NY 10010
Facsimile: (212) 325-2291
Attention: Hartley R. Rogers
Michael Schmertzler
CREDIT SUISSE FIRST BOSTON U.S.
EXECUTIVE ADVISORS, L.P.
By: Credit Suisse First Boston Advisory
Partners, LLC, as Investment Advisor
By:
Name:
Title:
Address for notices:
11 Madison Avenue
New York, NY 10010
Facsimile: (212) 325-2291
Attention: Hartley R. Rogers
Michael Schmertzler
EMA PRIVATE EQUITY FUND 1999, L.P.
By: Credit Suisse First Boston (Bermuda)
Limited, as General Partner
By:
Name:
Title:
Address for notices:
c/o Credit Suisse First Boston Advisory
Partners, LLC
11 Madison Avenue
New York, NY 10010
Facsimile: (212) 325-2291
Attention: Hartley R. Rogers
Michael Schmertzler
The Additional Purchasers:
The Bain Funds:
BAIN CAPITAL FUND VI, L.P.
By: Bain Capital Partners VI, L.P., its general
partner
By: Bain Capital Investors VI, Inc., its general
partner
By:
Name:
Title:
BAIN CAPITAL VI COINVESTMENT FUND, L.P.
By: Bain Capital Partners VI, L.P., its general
partner
By: Bain Capital Investors VI, Inc., its general
partner
By:
Name:
Title:
BCIP ASSOCIATES II
By: Bain Capital, Inc., its Managing Partner
By:
Name:
Title:
BCIP TRUST ASSOCIATES II
By: Bain Capital, Inc., its Managing Partner
By:
Name:
Title:
BCIP ASSOCIATES II-B
By: Bain Capital, Inc., its Managing Partner
By:
Name:
Title:
BCIP TRUST ASSOCIATES II-B
By: Bain Capital, Inc., its Managing Partner
By:
Name:
Title:
BCIP ASSOCIATES II-C
By: Bain Capital, Inc., its Managing Partner
By:
Name:
Title:
PEP INVESTMENTS PTY LTD.
By: Bain Capital, Inc., its attorney-in-fact
By:
Name:
Title: Managing Director
BROOKSIDE CAPITAL PARTNERS FUND, L.P.
By:
Name:
Title:
SANKATY HIGH YIELD ASSET PARTNERS, L.P.
By:
Name:
Title:
SANKATY HIGH YIELD PARTNERS II, L.P.
By:
Name:
Title:
Address for notices:
-------------------
c/o Bain Capital, Inc.
Two Copley Place
Boston, MA 02116
Facsimile: (617) 572-3274
Attention:
with a copy to:
Skadden, Arps, Slate, Meagher & Flom, LLP
Four Times Square
New York, New York 10036
Facsimile: (212) 735-2000
Attention: Eric Cochran, Esq.
The TH Lee Investors:
THOMAS H. LEE EQUITY FUND IV, L.P.
By: THL Equity Advisors IV, LLC
as General Partner
By:
Name:
Title:
THOMAS H. LEE FOREIGN FUND IV, L.P.
By: THL Equity Advisors IV, LLC
as General Partner
By:
Name:
Title:
THOMAS H. LEE FOREIGN FUND IV-B, L.P.
By: THL Equity Advisors IV, LLC
as General Partner
By:
Name:
Title:
THOMAS H. LEE INVESTORS LIMITED
PARTNERSHIP
By:
Name:
Title:
THOMAS E. LEE CHARITABLE INVESTMENT
LIMITED PARTNERSHIP
By: Thomas H. Lee
as General Partner
By:
1997 THOMAS H. LEE NOMINEE TRUST
By: State Street Bank and Trust Company, as
Trustee
By:
Name:
Title:
DAVID V. HARKINS
THE HARKINS 1995 GIFT TRUST
SCOTT A. SCHOEN
C. HUNTER BOLL
SCOTT M. SPERLING
ANTHONY J. DINOVI
THOMAS M. HAGERTY
WARREN C. SMITH, JR.
SETH W. LAWRY
KENT R. WELDON
TERRENCE M. MULLEN
TODD M. ABBRECHT
CHARLES A. BRIZIUS
SCOTT L. JAECKEL
SOREN L. OBERG
THOMAS R. SHEPHERD
WENDY L. MASLER
ANDREW D. FLASTER
ROBERT SCHIFF LEE 1988 TRUST
STEPHEN ZACHARY LEE
CHARLES W. ROBINS AS CUSTODIAN
FOR JESSE LEE
CHARLES W. ROBINS AS CUSTODIAN
FOR NATHAN LEE
CHARLES W. ROBINS
JAMES WESTRA
PUTNAM INVESTMENT HOLDINGS, LLC.
By:
Name:
Title:
Address for notices:
c/o Thomas H. Lee Company
75 State Street
Suite 2600
Boston, MA 02109
Facsimile: (617) 227-3514
Attention: Anthony DiNovi and Scott Sperling
with a copy to:
Skadden, Arps, Slate, Meagher & Flom, LLP
Four Times Square
New York, New York 10036
Facsimile: (212) 735-2000
Attention: Eric Cochran, Esq.
EXHIBIT 6
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below hereby makes, constitutes and appoints [Scott M.
Sperling] and [Kent R.Weldon], acting individually, as such person's true
and lawful attorney-in-fact and agent with full power of substitution and
revocation for such person and in such person's name, place and stead, in
any and all capacities, to execute, acknowledge, deliver and file any and
all filings required by the Securities Exchange Act of 1934, as amended,
including Section 13 of such Act, and the rules and regulations thereunder,
and requisite documents in connection with such filings, including joint
filing agreements, respecting securities of CTC Communications Group, Inc.,
a Delaware corporation, that the undersigned beneficially owns, including
but not limited to Schedule 13D and any amendments thereto.
This power of attorney shall be valid with respect to any of the
undersigned from the date hereof until revoked by such person.
IN WITNESS WHEREOF, each of the undersigned has executed this
instrument as of the 26th day of May, 2000.
THOMAS H. LEE NOMINEE TRUST
By: State Street Bank and Trust Company
By:/s/ Gerald Wheeler
Name: Gerald Wheeler
Title: Vice President
/s/ David V. Harkins
- --------------------
DAVID V. HARKINS
/s/ Sheryll Harkins
THE 1995 HARKINS GIFT TRUST
/s/ Scott A. Schoen
- -------------------
SCOTT A. SCHOEN
/s/ C. Hunter Boll
- ------------------
C. HUNTER BOLL
/s/ Scott M. Sperling
SCOTT SPERLING FAMILY LIMITED
PARTNERSHIP
/s/ Anthony J. Dinovi
- ---------------------
ANTHONY J. DINOVI
/s/ Thomas M. Hagerty
- ---------------------
THOMAS M. HAGERTY
/s/ Warren C. Smith, Jr.
- ------------------------
WARREN C. SMITH, JR.
/s/ Seth W. Lawry
- -----------------
SETH W. LAWRY
/s/ Kent R. Weldon
- ------------------
KENT R. WELDON
/s/ Terrence M. Mullen
- ----------------------
TERRENCE M. MULLEN
/s/ Todd M. Abbrecht
- --------------------
TODD M. ABBRECHT
/s/ Charles A. Brizius
- ----------------------
CHARLES A. BRIZIUS
/s/ Scott Jaeckel
SCOTT JAECKEL
/s/ Soren Oberg
SOREN OBERG
/s/ Thomas R. Shepherd
- ----------------------
THOMAS R. SHEPHERD
/s/ Wendy L. Masler
- -------------------
WENDY L. MASLER
/s/ Andrew D. Flaster
- ---------------------
ANDREW D. FLASTER
/s/ Charles W. Robins
RSL 1988 IRREVOCABLE TRUST
/s/ Stephen Zachary Lee
STEPHEN ZACHARY LEE
/s/ Charles W. Robins
- ---------------------
CHARLES W. ROBINS AS CUSTODIAN
FOR JESSE LEE
/s/ Charles W. Robins
- ---------------------
CHARLES W. ROBINS AS CUSTODIAN
FOR NATHAN LEE
/s/ Charles W. Robins
- ---------------------
CHARLES W. ROBINS
/s/ James Westra
JAMES WESTRA
