<PAGE>
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).
================================================================================
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. Issuer Name and Ticker or Trading Symbol
TeleCorp PCS, Inc. ("TLCP")
================================================================================
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
================================================================================
4. Statement for Month/Year
January 2000
================================================================================
5. If Amendment, Date of Original (Month/Year)
November 1999
================================================================================
6. Relationship of Reporting Person to Issuer
(Check all applicable)
|_| Director |X| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
================================================================================
7. Individual or Joint/Group Filing (Check Applicable Line)
|_| Form filed by one Reporting Person
|X| Form filed by more than one Reporting Person
================================================================================
* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
<PAGE>
================================================================================
Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
================================================================================
<TABLE>
<CAPTION>
6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship 7.
3. Disposed of (D) Securities Form: Nature of
Transaction (Instr. 3, 4 and 5) Beneficially Direct Indirect
2. Code ---------------------------- Owned at End (D) or Beneficial
1. Transaction (Instr. 8) (A) of Month Indirect Ownership
Title of Security Date ------------ Amount or Price (Instr. 3 (I) (Instr. 4)
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (See FN 3)
- - ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Class A Common Stock 11/23/99 P 480,000 A $20 15,265,692 D
- - ------------------------------------------------------------------------------------------------------------------------------------
Class A Common Stock N.A. N.A. N.A. N.A. N.A. 352,956 I (FN 2)
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
Page 1 of 8
<PAGE>
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
================================================================================
<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)
- - ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Class C (3) (4) (4) (4) (5) Class A 27,489 (4) 27,489 D
Common Stock Common
Stock
- - ------------------------------------------------------------------------------------------------------------------------------------
Class C (3) (4) (4) (4) (5) Class A 575 (4) 575 I By Tele-
Common Stock Common Corp
Stock Invest-
ment
Corp.,
L.L.C.
- - ------------------------------------------------------------------------------------------------------------------------------------
Class D (3) (4) (4) (4) (5) Class A 199,522 (4) 199,522 D
Common Stock Common
Stock
- - ------------------------------------------------------------------------------------------------------------------------------------
Class D (3) (4) (4) (4) (5) Class A 3,780 (4) 3,780 I By Tele-
Common Stock Common Corp
Stock Invest-
ment
Corp.,
L.L.C.
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
- - ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
</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) By Telecorp Investment Corp., L.L.C.
(3) Shares convert on a one-for-one basis; no conversion price.
(4) There were no transactions in derivative securities during November, 1999;
Table II has been completed solely for informational purposes.
(5) Convertible at the option of the holder after receipt by the issuer of an
opinion of regulatory counsel that Class A Common Stock and the 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.
** 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 2/ /2000
- - --------------------------------------------- -----------------------
** Signature of Reporting Person Date
By:
-------------------------------------------
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
<PAGE>
<TABLE>
<CAPTION>
- - -----------------------------------------------------------------------------------------------------------------
Amount of
Statement Securities
Name and Address of Designated for Issuer Name, Ticker Title of Beneficially
Reporting Person Reporter(1) month/year or Trading Symbol Security Owned
- - -----------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Ana Carolina Aidar CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
Rua Verbo Divino,
1400
Sao Paulo, Brazil,
SP 04719-002
- - -----------------------------------------------------------------------------------------------------------------
John R. Baron CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------------------------
Chris C. Behrens CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------------------------
Mitchell J. Blutt CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------------------------
David S. Britts CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
50 California Street
San Francisco, CA
94111
- - -----------------------------------------------------------------------------------------------------------------
Arnold L. Chavkin CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------------------------
David J. Gilbert CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------------------------
<CAPTION>
- - -------------------------------------------------------------------------------------------------
Ownership Form: Disclaims
Name and Address of Designated Direct (D) or Nature of Indirect Pecuniary
Reporting Person Reporter(1) Indirect (I) Beneficial Ownership Interest
- - -------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Ana Carolina Aidar CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
Rua Verbo Divino,
1400
Sao Paulo, Brazil,
SP 04719-002
- - -------------------------------------------------------------------------------------------------
John R. Baron CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------
Chris C. Behrens CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------
Mitchell J. Blutt CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------
David S. Britts CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
50 California Street
San Francisco, CA
94111
- - -------------------------------------------------------------------------------------------------
Arnold L. Chavkin CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------
David J. Gilbert CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------
</TABLE>
Page 3 of 8
<PAGE>
<TABLE>
<CAPTION>
- - --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Eric A. Green CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
Michael R. Hannon CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
Donald J. Hofmann CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
Jonathan Meggs CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
125 London Wall
London EC2Y 5AJ,
United Kingdom
- - --------------------------------------------------------------------------------------------------------------------
Stephen P. Murray CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
John M.B. O'Connor CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
Bob Ruggiero CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
<CAPTION>
- - ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Eric A. Green CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
Michael R. Hannon CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
Donald J. Hofmann CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
Jonathan Meggs CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
125 London Wall
London EC2Y 5AJ,
United Kingdom
- - ------------------------------------------------------------------------------------------------
Stephen P. Murray CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
John M.B. O'Connor CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
Bob Ruggiero CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
</TABLE>
Page 4 of 8
<PAGE>
<TABLE>
<CAPTION>
- - ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Susan L. Segal CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ---------------------------------------------------------------------------------------------------------------------
Lindsay Stuart CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
125 London Wall
London EC2Y 5AJ,
United Kingdom
- - ---------------------------------------------------------------------------------------------------------------------
Patrick Sullivan CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ---------------------------------------------------------------------------------------------------------------------
Shahan D. Soghikian CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
50 California
Street, Suite 2940
San Francisco, CA
94111
- - ---------------------------------------------------------------------------------------------------------------------
Jeffrey C. Walker CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ---------------------------------------------------------------------------------------------------------------------
Timothy J. Walsh CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ---------------------------------------------------------------------------------------------------------------------
Richard D. Waters CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ---------------------------------------------------------------------------------------------------------------------
<CAPTION>
- - -----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Susan L. Segal CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------
Lindsay Stuart CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
125 London Wall
London EC2Y 5AJ,
United Kingdom
- - -----------------------------------------------------------------------------------------------
Patrick Sullivan CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------
Shahan D. Soghikian CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 9 below
Partners
50 California
Street, Suite 2940
San Francisco, CA
94111
- - -----------------------------------------------------------------------------------------------
Jeffrey C. Walker CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------
Timothy J. Walsh CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------
Richard D. Waters CB Capital I See Explanatory Yes
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -----------------------------------------------------------------------------------------------
</TABLE>
Page 5 of 8
<PAGE>
<TABLE>
<CAPTION>
- - -------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Damion E. Wicker CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------------------------
CCP European CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
Principals, LLC Investors, LLC Inc. (TPCS) above
c/o Chase Capital
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------------------------
CCP Principals, LLC CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------------------------
Chase Capital CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
Corporation Investors, LLC Inc. (TPCS) above
c/o Chase Capital
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------------------------
Chase Capital CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
Partners Investors, LLC Inc. (TPCS) above
380 Madison Avenue
12th Floor
New York, NY 10017
- - -------------------------------------------------------------------------------------------------------------------
CB Capital CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
Investors, Inc. Investors, LLC Inc. (TPCS) above
c/o Chase Capital
Partners
380 Madison Avenue
12th Floor
New York, New York
10017
- - -------------------------------------------------------------------------------------------------------------------
The Chase Manhattan CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
Bank Investors, LLC Inc. (TPCS) above
270 Park Avenue
35th Floor
New York, New York
10017
- - -------------------------------------------------------------------------------------------------------------------
<CAPTION>
- - -------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Damion E. Wicker CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
CCP European CB Capital I See Explanatory No
Principals, LLC Investors, LLC Note 2 below
c/o Chase Capital
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
CCP Principals, LLC CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 2 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
Chase Capital CB Capital I See Explanatory No
Corporation Investors, LLC Note 2 below
c/o Chase Capital
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
Chase Capital CB Capital I See Explanatory No
Partners Investors, LLC Note 3 below
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
CB Capital CB Capital I See Explanatory No
Investors, Inc. Investors, LLC Note 4 below
c/o Chase Capital
Partners
380 Madison Avenue
12th Floor
New York, New York
10017
- - ------------------------------------------------------------------------------------------------
The Chase Manhattan CB Capital I See Explanatory No
Bank Investors, LLC Note
270 Park Avenue 5 below
35th Floor
New York, New York
10017
- - ------------------------------------------------------------------------------------------------
</TABLE>
Page 6 of 8
<PAGE>
<TABLE>
<CAPTION>
- - --------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
The Chase Manhattan CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
Corporation Investors, LLC Inc. (TPCS) above
270 Park Avenue
35th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
I. Robert Greene CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Flatiron Partners Investors, LLC Inc. (TPCS) above
257 Park Avenue
South 12th Floor
New York, NY 10010
- - --------------------------------------------------------------------------------------------------------------------
Brian J. Richmand CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
Jonas Steinmann CB Capital January, 2000 Triton PCS Holdings, See Table I 12,270,744
c/o Chase Capital Investors, LLC Inc. (TPCS) above
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - --------------------------------------------------------------------------------------------------------------------
<CAPTION>
- - ------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
The Chase Manhattan CB Capital I See Explanatory No
Corporation Investors, LLC Note 6 below
270 Park Avenue
35th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
I. Robert Greene CB Capital I See Explanatory No
c/o Flatiron Partners Investors, LLC Note 7 below
257 Park Avenue
South 12th Floor
New York, NY 10010
- - ------------------------------------------------------------------------------------------------
Brian J. Richmand CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 8 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
Jonas Steinmann CB Capital I See Explanatory No
c/o Chase Capital Investors, LLC Note 9 below
Partners
380 Madison Avenue
12th Floor
New York, NY 10017
- - ------------------------------------------------------------------------------------------------
</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
<PAGE>
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.
Page 8 of 8
<PAGE>
