U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
CB Capital Investors, LLC ("CBCI")("FN 1")
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(Last) (First) (Middle)
c/o Chase Capital Partners
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(Street)
380 Madison Avenue-12th Floor
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Triton PCS Holdings, Inc. ("TPCS")
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
January 2000
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5. If Amendment, Date of Original (Month/Year)
October 1999
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
|_| Director |X| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
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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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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ---------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Class A Common Stock 10/27/99 J 12,270,744 A N/A 12,270,744 D
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 8
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
of Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Series C Preferred 23 for 1 10/27/99 J 533,510.610 10/27/99 N/A Class A 12,270,744 N/A 0 D
Stock (FN 2) Common
Stock
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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.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
CB CAPITAL INVESTORS, LLC
By: Chase Capital Partners, as Manager
/s/ February , 2000
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** Signature of Reporting Person Date
Title: _______________ of Chase Capital Partners
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 8
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<TABLE>
<CAPTION>
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Ownership Nature of Disclaims
Name and Address Designated Statement Issuer Name, Title of Amount of Form: Indirect Pecuniary
of Reporting Reporter(1) for Ticker Security Securities Direct (D) or Beneficial Interest
Person month/year or Trading Symbol Beneficially Indirect (I) Ownership
Owned
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Ana Carolina CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
Aidar Investors, LLC 2000 Holdings, Inc. above Explanatory
c/o Chase (TPCS) Note 2 below
Capital Partners
Rua Verbo
Divino, 1400
Sao Paulo,
Brazil, SP
04719-002
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John R. Baron CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Capital Investors, LLC 2000 Holdings, Inc. above Explanatory
Partners (TPCS) Note 2 below
380 Madison
Avenue
12th Floor
New York, NY
10017
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Chris C. Behrens CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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Mitchell J. Blutt CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue
12th Floor
New York, NY
10017
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David S. Britts CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
50 California
Street
San Francisco,
CA 94111
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Arnold L. Chavkin CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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David J. Gilbert CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue
12th Floor
New York, NY
10017
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</TABLE>
Page 3 of 8
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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Eric A. Green CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue
12th Floor
New York, NY
10017
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Michael R. Hannon CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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Donald J. Hofmann CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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Jonathan Meggs CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
125 London Wall
London EC2Y 5AJ,
United Kingdom
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Stephen P. Murray CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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John M.B. CB Capital January, Triton PCS See Table I 12,270,744 I See No
O'Connor Investors, LLC 2000 Holdings, Inc. above Explanatory
c/o Chase (TPCS) Note 2 below
Capital Partners
380 Madison
Avenue 12th Floor
New York, NY
10017
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Bob Ruggiero CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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</TABLE>
Page 4 of 8
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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Susan L. Segal CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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Lindsay Stuart CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
125 London Wall
London EC2Y 5AJ,
United Kingdom
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Patrick Sullivan CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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Shahan D. CB Capital January, Triton PCS See Table I 12,270,744 I See No
Soghikian Investors, LLC 2000 Holdings, Inc. above Explanatory
c/o Chase (TPCS) Note 9 below
Capital
Partners
50 California
Street, Suite
2940
San Francisco,
CA 94111
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Jeffrey C. Walker CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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Timothy J. Walsh CB Capital January, Triton PCS See Table I 12,270,744 I See No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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Richard D. Waters CB Capital January, Triton PCS See Table I 12,270,744 I See Yes
c/o Chase Investors, LLC 2000 Holdings, Inc. above Explanatory
Capital Partners (TPCS) Note 2 below
380 Madison
Avenue 12th Floor
New York, NY
10017
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</TABLE>
Page 5 of 8
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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Damion E. Wicker CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Note 2 below
Capital Partners (TPCS)
380 Madison
Avenue 12th Floor
New York, NY
10017
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CCP European CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
Principals, LLC Investors, LLC 2000 Holdings, Inc. above Note 2 below
c/o Chase (TPCS)
Capital Partners
380 Madison
Avenue 12th Floor
New York, NY
10017
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CCP Principals, CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
LLC c/o Chase Investors, LLC 2000 Holdings, Inc. above Note 2 below
Capital Partners (TPCS)
380 Madison
Avenue 12th Floor
New York, NY
10017
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Chase Capital CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
Corporation Investors, LLC 2000 Holdings, Inc. above Note 2 below
c/o Chase (TPCS)
Capital Partners
380 Madison
Avenue 12th Floor
New York, NY
10017
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Chase Capital CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
Partners Investors, LLC 2000 Holdings, Inc. above Note 3 below
380 Madison (TPCS)
Avenue 12th Floor
New York, NY
10017
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CB Capital CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
Investors, Inc. Investors, LLC 2000 Holdings, Inc. above Note 4 below
c/o Chase (TPCS)
Capital Partners
380 Madison
Avenue
12th Floor
New York, New
York 10017
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The Chase CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
Manhattan Bank Investors, LLC 2000 Holdings, Inc. above Note
270 Park Avenue (TPCS) 5 below
35th Floor
New York, New
York 10017
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</TABLE>
Page 6 of 8
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<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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The Chase CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
Manhattan Investors, LLC 2000 Holdings, Inc. above Note 6 below
Corporation (TPCS)
270 Park Avenue
35th Floor
New York, NY
10017
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I. Robert Greene CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
c/o Flatiron Investors, LLC 2000 Holdings, Inc. above Note 7 below
Partners (TPCS)
257 Park Avenue
South 12th Floor
New York, NY
10010
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Brian J. Richmand CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Note 8 below
Capital Partners (TPCS)
380 Madison
Avenue 12th Floor
New York, NY
10017
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Jonas Steinmann CB Capital January, Triton PCS See Table I 12,270,744 I See Explanatory No
c/o Chase Investors, LLC 2000 Holdings, Inc. above Note 9 below
Capital Partners (TPCS)
380 Madison
Avenue 12th Floor
New York, NY
10017
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</TABLE>
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 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 general partner (or in the case of I. Robert Greene, Brian
J. Richmond and Jones Steinman, former general partners) of Chase Capital
Partners ("CCP"), which is a manager, per 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 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 amounts shown in the Tables 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 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 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 sole stockholder of the
managing member of CBCI, LLC.
6) The amounts shown in the Tables 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 and the sole stockholder of CB Capital
Investors, Inc. (the managing
Page 7 of 8
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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 within CCP and CBCI, LLC.
7) The amount shown in Table I 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 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 amount shown in Table I 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 he was a general partner of CCP,
the non-managing member of CBCI, LLC and its manager, by delegation, until
December 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.
9) The amount shown in Table I 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 he was a general partner of CCP,
the non-managing member of CBCI, LLC and its manager, by delegation, until July
1, 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.
