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 this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue
1. Name and Address of Reporting Person: Kimberlin, Kevin B.
535 Madison Avenue, 18th Floor
New York, NY 10022
2. Issuer Name and Ticker or Trading Symbol: Next Level Communications, Inc.
(NXTV)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year: March 2000
5. If Amendment, Date of Original
6. Relationship of Reporting Person to Issuer:
[ ] Director [ x ] 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
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
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1)Title of Security 2)Transaction 3)Transaction 4) Securities Acquired(A) 5)Amount of 6) Ownership 7) Nature of
Date Code or Disposed of (D) Securities Form:Direct Indirect
-------------- --------------------------- Beneficially (D) or Beneficial
(Month/Day/ Owned at End Indirect (I) Ownership
Year) Code V Amount (A) or (D) Price of Month
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock 3/21/00 J 772,000 (D) See Note 3,699,773 I See Note(1)
(1)
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Note 1: Kevin Kimberlin Partners, LP, a Delaware limited partnership ("KKP"), of
which the reporting person is the general partner, contributed 772,000 shares
(the "Shares") of the Issuer's common stock to Curb Associates, LLC, a Delaware
limited liability company (the "LLC"), in exchange for 77.2% of the undivided
percentage interests of the LLC. Pursuant to the LLC's Operating Agreement, KKP
no longer has voting or dispositive control over the Shares. Following the
contribution, KKP, of which the reporting person is the general partner, shall
indirectly own 3,699,773 shares of the Issuer's common stock.
<PAGE>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible
securities)
<CAPTION>
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1)Title of Derivative 2)Conversion or 3)Transaction 4)Transaction 5) Number of Derivative 6) Date Exercisable
Security Exercise Price Date Code Securities Acquired(A) and Expiration
of Derivative ` or Disposed of (D) Date
Security (Month/Day/
Year)
Date Expiration
Code V A) (D) Exercisable Date
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<S>
N/A
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative 2)Conversion or 3)Transaction 7)Title & Amount 8) Price of 9) Number (10)Ownership 11) Nature of
Security Exercise Date of Underlying Derivative of derivative form of Indirect
Price Securities Security securities Derivative Beneficial
Derivative (Month/Day/ Beneficially Security Ownership
Security Year) Owned at Direct (D)
End of or Indirect
Month (I)
Title Amount or
Number of
Shares
- --------------------------------------------------------------------------------------------------------------------------------
<S>
N/A
</TABLE>
/s/ Kevin B. Kimberlin April 11, 2000
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Signature of Reporting Person Date
