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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
Z-TEL TECHNOLOGIES, INC.
(Name of Issuer)
COMMON STOCK, $ .01 PAR VALUE
(Title of Class of Securities)
988792108
--------------------------
(CUSIP Number)
December 31, 1999
---------------------------
(Date of Event which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
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CUSIP No. 988792108 13G Page 2 of 8 Pages
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Gramercy Z-Tel L.P.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER None.
OF SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 3,074,280
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH None.
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,074,280
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,074,280
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7 %
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 2 of 8 Pages
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CUSIP No. 988792108 13G Page 3 of 8 Pages
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Gramercy Z-Tel LLC
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER None.
OF SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 3,074,280
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH None.
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,074,280
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,074,280
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7 %
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------------------------------------------------------------
Page 3 of 8 Pages
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CUSIP No. 988792108 13G Page 4 of 8 Pages
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
CommuniCapital Partners (Cayman), L.P.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER None.
OF SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 3,074,280
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH None.
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,074,280
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,074,280
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.7 %
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ------------------------------------------------------------------------------
Page 4 of 8 Pages
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Item 1(a) Name of Issuer:
Z-Tel Technologies, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
Knight's Point
601 South Harbour Island Boulevard
Suite 220
Tampa, Florida 33602
Item 2(a) Name of Persons Filing:
1. Gramercy Z-Tel L.P., the record holder of the securities
(the "L.P.")
2. Gramercy Z-Tel LLC, the sole general partner of the L.P.
(the "LLC")
3. CommuniCapital Partners (Cayman), L.P., the Managing Member
of the LLC (the "Fund")
Item 2(b) Address of Principal Business Office or, if None, Residence:
The principal business office for all reporting persons listed in
Item 2(a) is:
712 Fifth Avenue
New York, New York 10019
Item 2(c) Citizenship:
1. L.P.: Delaware
2. LLC: Delaware
3. Fund: Cayman Islands
Item 2(d) Title of Class of Securities:
Common Stock, $.01 par value
Item 2(e) CUSIP Number:
988792108
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
Not applicable
Page 5 of 8 Pages
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Item 4. Ownership.
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<S> <C>
(a) Amount beneficially owned by each reporting person: 3,074,280
(b) Percent of Class: 9.7%
(c) Number of shares as to which each person has:
(i) Sole power to vote or to direct the vote: None
(ii) Shared power to vote or to direct the vote: 3,074,280
(iii) Sole power to dispose or to direct the disposition of: None
(iv) Shared power to dispose or to direct the disposition of: 3,074,280
</TABLE>
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certifications.
Not applicable
Page 6 of 8 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February ,2000
-----------------------------
(Date)
GRAMERCY Z-TEL L.P.
By: Gramercy Z-Tel LLC,
its General Partner
By: CommuniCapital Partners (Cayman),
L.P., its Managing Member
By: CommuniCapital MGP (Cayman),
LDC, its General Partner
By:__________________________________
Laurence S. Grafstein
Managing Director
GRAMERCY Z-TEL LLC
By: CommuniCapital Partners (Cayman),
L.P., its Managing Member
By: CommuniCapital MGP (Cayman),
LDC, its General Partner
By:__________________________________
Laurence S. Grafstein
Managing Director
Page 7 of 8 Pages
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COMMUNICAPITAL PARTNERS
(CAYMAN), L.P.
By: CommuniCapital MGP (Cayman),
LDC, its General Partner
By:__________________________________
Laurence S. Grafstein
Managing Director
Page 8 of 8 Pages
