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
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1. Name and Address of Reporting Person*
CB Capital Investors, LLC ("CBCI, LLC") (FN 1)
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(Last) (First) (Middle)
c/o Chase Capital Partners
380 Madison Avenue - 12th Floor
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(Street)
New York New York 10017
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
1/1/2000
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3. IRS Identification Number of Reporting Person, if an entity (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
TeleCorp PCS, Inc. ("TLCP")
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
|_| Director |X| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
11/23/1999
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7. Individual or Joint/Group Filing (Check applicable line)
|_| Form filed by One Reporting Person
|X| Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<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. 4) (Instr. 5) (Instr. 5)
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<S> <C> <C> <C>
Class A Common Stock 14,785,692 D
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Class A Common Stock 352,956 I By TeleCorp Investment Corp., L.L.C.
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</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 2
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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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 6. 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)
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<S> <C> <C> <C> <C> <C> <C> <C>
Class C Common Stock (FN 2) N/A Class A Common 27,489 1 for 1 D
Stock
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Class C Common Stock (FN 2) N/A Class A Common 575 1 for 1 I By TeleCorp
Stock Investment
Corp., L.L.C
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Class D Common Stock (FN 2) N/A Class A Common 199,522 1 for 1 D
Stock
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Class D Common Stock (FN 2) N/A Class A Common 3,780 1 for 1 1 By TeleCorp
Stock Investment
Corp., L.L.C.
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</TABLE>
Explanation of Response:
(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) These shares are convertible at the option of the holder after receipt by
the issuer of an opinion of regulatory counsel that Class A Common Stock and
Voting Preference Stock can vote and be treated as a single class of stock with
one vote per share and the affirmative vote of the holders of 66 2/3% or more of
the Class A Common Stock.
CB CAPITAL INVESTORS, LLC
By: Chase Capital Partners, as Manager
By: /s/ February , 2000
--------------------------------- -----------------
Date
Title: _________________________of Chase Capital Partners
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure.
Page 2 of 6
<PAGE>
<TABLE>
<CAPTION>
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Date of Event Title and
Name and Address of Designated Reporter(1) Requiring Statement Issuer Name, Ticker Amounts of
Reporting Person or Trading Symbol Security
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<S> <C> <C> <C> <C>
John R. Baron CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Mitchell J. Blutt CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Chris C. Behrens CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Arnold L. Chavkin CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Eric Green CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Michael R. Hannon CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Donald J. Hofmann CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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<CAPTION>
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Title of Derivative
Securities and Title and Disclaims
Amounts of Securities Ownership Form: Nature of Indirect Pecuniary
Name and Address of Designated Reporter(1) Underlying Derivative Direct (D) or Beneficial Ownership Interest(5)
Reporting Person Securities Indirect (I)
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<S> <C> <C> <C> <C> <C>
John R. Baron CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Mitchell J. Blutt CB Capital Investors, LLC See Table II and FN 2 I See Explanatory Yes
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Chris C. Behrens CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Arnold L. Chavkin CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Eric Green CB Capital Investors, LLC See Table II and FN 2 I See Explanatory Yes
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Michael R. Hannon CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Donald J. Hofmann CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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</TABLE>
Page 3 of 6
<PAGE>
<TABLE>
<S> <C> <C> <C> <C>
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Stephen P. Murray CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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John M.B. O'Connor CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Susan L. Segal CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital and FN 2 above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
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Shahan D. Soghikian CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital and FN 2 above
Partners
50 California Street, Suite
2940
San Francisco, CA 94111
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Jeffrey C. Walker CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Richard D. Waters CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Damion E. Wicker CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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CCP European Principals, LLC CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C>
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Stephen P. Murray CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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John M.B. O'Connor CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Susan L. Segal CB Capital Investors, LLC See Table II and FN 2 I See Explanatory Yes
c/o Chase Capital above Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
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Shahan D. Soghikian CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital above Note 2 below
Partners
50 California Street, Suite
2940
San Francisco, CA 94111
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Jeffrey C. Walker CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Richard D. Waters CB Capital Investors, LLC See Table II and FN 2 I See Explanatory Yes
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Damion E. Wicker CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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CCP European Principals, LLC CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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</TABLE>
Page 4 of 6
<PAGE
<TABLE>
<S> <C> <C> <C> <C>
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CCP Principals, LLC c/o CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Chase Capital Corporation CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Chase Capital Partners 380 CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
Madison Avenue 12th Floor and FN 2 above
New York, NY 10017
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CB Capital Investors, Inc. CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison
Avenue 12th Floor
New York, New York 10017
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The Chase Manhattan Bank CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
270 Park Avenue and FN 2 above
35th Floor
New York, NY 10017
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The Chase Manhattan CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
Corporation and FN 2 above
270 Park Avenue
35th Floor
New York, NY 10017
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I. Robert Greene CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Flatiron Partners and FN 2 above
257 Park Avenue South 12th
Floor
New York, NY 10010
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Brian J. Richmand CB Capital Investors, January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners LLC. and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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Jonas Steinmann CB Capital Investors, LLC January 1, 2000 TeleCorp PCS, Inc. ("TLCP") See Table II
c/o Chase Capital Partners and FN 2 above
380 Madison Avenue 12th
Floor
New York, NY 10017
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</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C>
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CCP Principals, LLC c/o CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Chase Capital Corporation CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 2 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Chase Capital Partners 380 CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
Madison Avenue 12th Floor above Note 3 below
New York, NY 10017
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CB Capital Investors, Inc. CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 4 below
380 Madison
Avenue 12th Floor
New York, New York 10017
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The Chase Manhattan Bank CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
270 Park Avenue above Note 5 below
35th Floor
New York, NY 10017
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The Chase Manhattan CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
Corporation above Note 6 below
270 Park Avenue
35th Floor
New York, NY 10017
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I. Robert Greene CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Flatiron Partners above Note 7 below
257 Park Avenue South 12th
Floor
New York, NY 10010
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Brian J. Richmand CB Capital Investors, See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners LLC. above Note 8 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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Jonas Steinmann CB Capital Investors, LLC See Table II and FN 2 I See Explanatory No
c/o Chase Capital Partners above Note 9 below
380 Madison Avenue 12th
Floor
New York, NY 10017
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</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 amounts shown in the Tables as directly owned securities represent 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 amounts shown in the Tables represent 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 amounts shown in the Tables represent 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 amounts shown in the Tables represent 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 amounts shown in the Tables represent 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 and 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 amounts shown in the Tables represent the beneficial ownership of the
Issuer's securities by CBCI, LLC, a portion of which may be deemed attributable
to the reporting person because he 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 amounts shown in the Tables represent the beneficial ownership of the
Issuer's securities by CBCI, LLC, a portion of which may be deemed attributable
to the reporting person because he was a general partner of CCP, the
non-managing member of CBCI, LLC and its manager, by delegation, until December
31, 1999.
9) The amounts shown in the Tables represent the beneficial ownership of the
Issuer's securities by CBCI, LLC, a portion of which may be deemed attributable
to the reporting person because he 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
