U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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 box if no longer subject of 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*
FOX SAUL A.
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(Last) (First) (Middle)
950 TOWER LANE SUITE 1150
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(Street)
FOSTER CITY CA 94404-2131
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
ALASKA COMMUNICATION SYSTEMS GROUP, INC. ("ALSK")
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
AUGUST 2000
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[X] Form filed by one Reporting Person
[_] Form filed by more than one Reporting Person
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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>
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Common Stock, $.01 par 8/9/00 P 5,000 A 8.9375 I by Bucks
Capital LLC
(1)
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Common Stock, $.01 par 8/9/00 P 4,000 A 9.0000 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/9/00 P 1,000 A 8.8750 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/10/00 P 10,000 A 9.1250 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/10/00 P 3,500 A 8.8750 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/10/00 P 3,500 A 8.9375 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/10/00 P 3,000 A 8.9375 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/14/00 P 5,000 A 8.8750 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/16/00 P 3,500 A 8.8750 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/16/00 P 1,500 A 8.8125 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/18/00 P 5,000 A 8.7500 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/21/00 P 3,000 A 8.1875 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/21/00 P 2,000 A 8.1875 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/21/00 P 2,000 A 8.1875 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/21/00 P 2,000 A 8.2500 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/21/00 P 1,000 A 8.1250 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/22/00 P 5,000 A 8.1250 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/22/00 P 3,000 A 8.1250 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/22/00 P 2,000 A 8.0625 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/23/00 P 2,500 A 8.1875 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/23/00 P 2,500 A 8.1875 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/24/00 P 2,500 A 8.1250 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/24/00 P 2,500 A 8.1850 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/25/00 P 5,000 A 8.0625 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/28/00 P 5,000 A 7.8750 I by Bucks
Capital LLC
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Common Stock, $.01 par 8/31/00 P 5,000 A 8.0000 90,000(2) I by Bucks
Capital LLC
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</TABLE>
* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
(Form 4-07/99)
<PAGE>
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>
10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or 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>
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</TABLE>
Explanation of Responses:
*Note 1: The reporting person is a member of Bucks Capital, LLC ("Bucks").
Bucks is the direct owner of the 95,000 shares of Common Stock, par value .01
per share ("Common Stock"), of Alaska Communications Systems Group, Inc. (the
"Issuer") reported on this form (the "Bucks Shares"). The reporting person
disclaims beneficial ownership of the Bucks Shares reported herein, except to
the extent of his pecuniary interest therein.
*Note 2: The reporting person is a member of Fox Paine Capital, LLC ("Capital
LLC") and Fox Paine & Company, LLC ("Company LLC"). Capital LLC is (i) the
general partner of Fox Paine Capital Fund, L.P. and FPC Investors, L.P.
(collectively, the "LPs") each of which is a direct owner of 16,251,658 and
241,144 shares of Common Stock and (ii) the managing member of ALEC
Coinvestment Fund I, LLC, ALEC Coinvestment Fund II, LLC, ALEC Coinvestment Fund
III, LLC, ALEC Coinvestment Fund IV, LLC, ALEC Coinvestment Fund V, LLC, and
ALEC Coinvestment Fund VI, LLC (collectively, the "Funds"), which in the
aggregate directly own 3,062,949 shares of common stock of the Issuer. Company
LLC is the manager of the LPs as result Capital LLC and Company LLC may in the
aggregate be deemed to own beneficial and indirectly 19,555,751 shares of Common
Stock of the Issuer (the "Fox Paine Shares"). The reporting person disclaims
beneficial ownership of the Fox Paine Shares reported herein, except to the
extent of his pecuniary interest therein.
/s/ Saul A. Fox 9/11/00
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**Signature of Reporting Person Date
** 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.
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