U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
- --------------------------------------------------------------------------------
1. Name and Address of Reporting Person*
CB Capital Investors, LLC ("CBCI, LLC") (FN 1)
- --------------------------------------------------------------------------------
(Last) (First) (Middle)
c/o Chase Capital Partners
380 Madison Avenue - 12th Floor
- --------------------------------------------------------------------------------
(Street)
New York New York 10017
- --------------------------------------------------------------------------------
(City) (State) (Zip)
- --------------------------------------------------------------------------------
2. Date of Event Requiring Statement (Month/Day/Year)
1/1/2000
- --------------------------------------------------------------------------------
3. IRS Identification Number of Reporting Person, if an entity (Voluntary)
- --------------------------------------------------------------------------------
4. Issuer Name and Ticker or Trading Symbol
Triton PCS Holdings, Inc. ("TPCS")
- --------------------------------------------------------------------------------
5. Relationship of Reporting Person to Issuer
(Check all applicable)
|_| Director |X| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
________________________________________
- --------------------------------------------------------------------------------
6. If Amendment, Date of Original (Month/Day/Year)
10/27/99
- --------------------------------------------------------------------------------
7. Individual or Joint/Group Filing (Check applicable line)
|_| Form filed by One Reporting Person
|X| Form filed by More than One Reporting Person
================================================================================
- --------------------------------------------------------------------------------
Table I -- Non-Derivative Securities Beneficially Owned
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 5) (Instr. 5) (Instr. 5)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
* If the Form is filed by more than one Reporting Person see instruction
5(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 6
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 7. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
Series C Preferred Stock N/A N/A Class A Common Stock 533,510.63 23 for 1 D
(FN 2)
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
(1) Pursuant to an internal reorganization effective as of January 1, 2000,
(i) CB Capital Investors, LLC ("CBCI, LLC") became the successor to CB
Capital Investors, L.P. ("CBCI, LP"), (ii) CB Capital Investors, Inc.
("CBCI, Inc.") became the managing member of CBCI, LLC and (iii) Chase
Capital Partners ("CCP") became the manager, by delegation, of CBCI, LLC
pursuant to a master advisory agreement with CBCI, Inc. The internal
reorganization changed CBCI, LP's name and form of organization but did
not alter the proportionate interests of its ultimate security holders.
(2) Prior to the closing of the initial public offering of Triton PCS
Holdings, Inc., these shares were automatically converted into Class A
Common Stock on a 23 for 1 basis.
CB CAPITAL INVESTORS, LLC
By: Chase Capital Partners, as Manager
By: /s/ February , 2000
----------------------------------------- -----------------
Date
Title: of Chase Capital Partners
---------------------------------------
Page 2 of 6
<PAGE>
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Title of
Derivative
Securities and Ownership
Date of Issuer Name, Title and Amount Form: Nature of
Event Ticker Title and of Securities Direct (D) Indirect Disclaims
Name and Address of Designated Requiring or Trading Amount of Underlying or Beneficial Pecuniary
Reporting Person Reporter(1) Statement Symbol Security Derivative Indirect Ownership Interest(5)
Securities (I)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
John R. Baron CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Mitchell J. Blutt CB Capital January 1, Triton PCS See Table II See Table II and I See Yes
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Chris C. Behrens CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Arnold L. Chavkin CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Eric Green CB Capital January 1, Triton PCS See Table II See Table II and I See Yes
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Michael R. Hannon CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Donald J. Hofmann CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 3 of 6
<PAGE>
<TABLE>
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Stephen P. Murray CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
John M.B. O'Connor CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Susan L. Segal CB Capital January 1, Triton PCS See Table II See Table II and I See Yes
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Shahan D. Soghikian CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
50 California Street,
Suite 2940
San Francisco, CA
94111
- ------------------------------------------------------------------------------------------------------------------------------------
Jeffrey C. Walker CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Richard D. Waters CB Capital January 1, Triton PCS See Table II See Table II and I See Yes
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Damion E. Wicker CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
CCP European CB Capital January 1, Triton PCS See Table II See Table II and I See No
Principals, LLC Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
c/o Chase Capital LLC Inc. ("TPCS") above Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 4 of 6
<PAGE>
<TABLE>
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
CCP Principals, LLC CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 2 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Chase Capital CB Capital January 1, Triton PCS See Table II See Table II and I See No
Corporation Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
c/o Chase Capital LLC Inc. ("TPCS") above Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Chase Capital
Partners CB Capital January 1, Triton PCS See Table II See Table II and I See No
380 Madison Avenue Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
12th Floor LLC Inc. ("TPCS") above Note 3 below
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
CB Capital Investors, CB Capital January 1, Triton PCS See Table II See Table II and I See No
Inc. c/o Chase Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Capital Partners LLC Inc. ("TPCS") above Note 4 below
380 Madison
Avenue 12th Floor
New York, New York
10017
- ------------------------------------------------------------------------------------------------------------------------------------
The Chase Manhattan
Bank CB Capital January 1, Triton PCS See Table II See Table II and I See No
270 Park Avenue Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
35th Floor LLC Inc. ("TPCS") above Note 5 below
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
The Chase Manhattan CB Capital January 1, Triton PCS See Table II See Table II and I See No
Corporation Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
270 Park Avenue LLC Inc. ("TPCS") above Note 6 below
35th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
I. Robert Greene CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Flatiron Partners Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
257 Park Avenue South LLC Inc. ("TPCS") above Note 7 below
12th Floor
New York, NY 10010
- ------------------------------------------------------------------------------------------------------------------------------------
Brian J. Richmand CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC. Inc. ("TPCS") above Note 8 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
Jonas Steinmann CB Capital January 1, Triton PCS See Table II See Table II and I See No
c/o Chase Capital Investors, 2000 Holdings, and FN 1 FN 2 above Explanatory
Partners LLC Inc. ("TPCS") above Note 9 below
380 Madison Avenue
12th Floor
New York, NY 10017
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
Page 5 of 6
<PAGE>
Explanatory Note:
1) The Designated Reporter is executing this report on behalf of all reporting
persons, each of whom has authorized it to do so.
2) The amount shown in Table II as directly owned securities represents the
beneficial ownership of the Issuer's equity securities by CBCI, LLC, a portion
of which may be deemed attributable to the reporting person because the
reporting person is a partner of Chase Capital Partners ("CCP"), which is the
manager, by delegation, of CBCI, LLC, pursuant to an advisory agreement with CB
Capital Investors, Inc. The actual pro rata portion of such beneficial ownership
that may be deemed to be attributable to the reporting person is not readily
determinable because it is subject to several variables, including internal rate
of return and vesting of interests within CCP and CBCI, LLC.
3) The amount shown in Table II represents the beneficial ownership of the
Issuer's equity securities by CBCI, LLC, a portion of which may be deemed
attributable to the reporting person because it is the non-managing member of
CBCI, LLC and its manager, by delegation, pursuant to an advisory agreement with
the managing member of CBCI, LLC. The actual pro rata portion of such beneficial
ownership that may be deemed to be attributable to the reporting person is not
readily determinable because it is subject to several variables, including the
internal rate of return and vesting of interests within CBCI, LLC.
4) The amount shown in Table II represents the beneficial ownership of the
Issuer's equity securities by CBCI, LLC, a portion of which may be deemed
attributable to the reporting person because the reporting person is the
managing member of CBCI, LLC. The actual pro rata portion of such beneficial
ownership that may be deemed to be attributable to the reporting person is not
readily determinable because it is subject to several variables, including the
internal rate of return and vesting of interests within CBCI, LLC.
5) The amount shown in Table II represents beneficial ownership of the Issuer's
equity securities by CBCI, LLC, a portion of which may be deemed attributable to
the reporting person because it is the sole stockholder of the managing member
of CBCI, LLC. The actual pro rata portion of such beneficial ownership that may
be attributable to the reporting person is not readily determinate because it is
subject to several variables, including the internal rate of return and vesting
of interests within CBCI, LLC.
6) The amount shown in Table II represents the beneficial ownership of the
Issuer's equity securities by CBCI, LLC, a portion of which may be deemed
attributable to the reporting person because the reporting person is (i) the
sole stockholder of Chase Capital Corporation, which is a general partner of
CCP, the non-managing member of CBCI, LLC and its manager, by delegation,
pursuant to an advisory agreement with its managing member, and (ii) the sole
stockholder of The Chase Manhattan Bank (the sole stockholder of CB Capital
Investors, Inc., the managing member of CBCI, Inc.). The actual pro rata portion
of such beneficial ownership that may be deemed to be attributable to the
reporting person is not readily determinable because it is subject to several
variables, including the internal rate of return and vesting within CCP and
CBCI, LLC.
7) The amount shown in Table II represents the beneficial ownership of the
Issuer's securities by CBCI, LLC, a portion of which may be deemed attributable
to the reporting person because the reporting person was a general partner of
CCP, the non-managing member of CBCI, LLC and its manager, by delegation, until
May 31, 1999. The actual pro rata portion of such beneficial ownership that may
be deemed to be attributable to the reporting person is not readily determinable
because it is subject to several variables, including the internal rate of
return and vesting within CCP and CBCI, LLC.
8) The amount shown in Table II represents the beneficial ownership of the
Issuer's securities by CBCI, LLC, a portion of which may be deemed attributable
to the reporting person because the reporting person was a general partner of
CCP, the non-managing member of CBCI, LLC and its manager, by delegation, until
December 31, 1999.
9) The amount shown in Table II represents the beneficial ownership of the
Issuer's securities by CBCI, LLC, a portion of which may be deemed attributable
to the reporting person because the reporting person was a general partner of
CCP, the non-managing member of CBCI, LLC and its manager, by delegation, until
July 1, 1999.
Page 6 of 6
