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OMB APPROVAL
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- -------- OMB Number: 3235-0104
FORM 3 Expires: December 31, 2001
- -------- Estimated average burden
hours per response.... 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
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<S> <C> <C> <C>
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
Statement Trading Symbol of Original
(Month/Day/Year) ALLIED RISER COMMUNICATIONS CORPORATION (Month/Day/Year)
ELSNER WILLIAM J. (ARCC)
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(Last) (First) (Middle) 10/28/99 5. Relationship of Reporting -----------------------
4600 S. SYRACUSE ST., #1000 ---------------------------- Person(s) to Issuer 7. Individual or Joint/
- ---------------------------------------- 3. I.R.S. Identification (Check all applicable) Group Filing (Check
(Street) Number of Reporting X Director X 10% Owner Applicable Line)
Person, if an entity ----- ----- X Form filed by
DENVER CO 80237 (voluntary) Officer Other (specify --- One Reporting
- -------------------------------------- ----- ----- below) Person
(City) (State) (Zip) ---------------------------- (give title below) Form filed by
--- More than One
------------------------------ Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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COMMON STOCK 5,854,227(1) I By Telecom Partners II, L.P.(2)
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Explanation of Responses:
(1) Reflects the conversion upon the closing of the Issuers initial public offering of 17 shares of Series A-1 Preferred Stock
into 884,161 shares of Common Stock and 0.18 shares of Series A-2 Preferred Stock into 12,135 shares of Common Stock.
(2) The Reporting Person is a managing member of Telecom Management II, L.L.C., which is the general partner of Telecom
Partners II, L.P., and is thereby affiliated with Telecom Partners II, L.P., a 10% stockholder of the Issuer. The Reporting Person
disclaims beneficial ownership of the shares except to its pecuniary interest therein arising from its role as general partner of
Telecom Partners II, L.P.
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 5(b)(v). SEC 1473 (3-99)
POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTIONS OF INFORMATION
CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS
A CURRENTLY VALID OMB CONTROL NUMBER.
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security Direct
------------------------------------------------- (D) or
Date Expira- Amount or Indirect (I)
Exercis- tion Title Number (Instr. 5)
able Date of Shares
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NON QUALIFIED STOCK
OPTION (RIGHT TO BUY) 10/6/00 10/6/09 COMMON STOCK 6,250 $18.00 D
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/s/ WILLIAM J. ELSNER 10/28/99
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- -------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). **Signature of Reporting Person Date
William J. Elsner
Note. File three copies of this Form, one of which must be manually signed. Page 2
If space is insufficient, See Instruction 6 for procedure. SEC 1473 (3-99)
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Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.