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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) November 12, 1997
SECURITY ASSOCIATES INTERNATIONAL, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-20870 87-0467198
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
2101 S. Arlington Heights Road, Suite 100, Arlington Heights, IL 60005-4142
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (847) 956-8650
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ITEM 5. OTHER EVENTS.
On November 12, 1997, TJS Partners, L.P. exercised a warrant to purchase
15,000 shares of the Company's Convertible Preferred Stock, at a purchase price
of $250.00 per share for a total purchase price of $3,750,000.
On November 12, 1997, TJS Partners, L.P. exercised options to purchase
8,761.55 shares of the Company's Convertible Preferred Stock, at an average
purchase price of $64.35 per share for a total purchase price of $563,829.
Each share of Convertible Preferred Stock is convertible into 100 shares
of the Company's Common Stock, $.001 par value.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
SECURITY ASSOCIATES INTERNATIONAL, INC.
Date: December 2, 1997 /s/ Daniel S. Zittnan
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Daniel S. Zittnan
Vice President, Chief Financial Officer
