Filing Details
- Accession Number:
- 0001140361-13-011878
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-11 19:00:20
- Reporting Period:
- 2013-03-07
- Filing Date:
- 2013-03-11
- Accepted Time:
- 2013-03-11 19:00:20
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1208208 | Digitalglobe Inc. | DGI | Communications Services, Nec (4899) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
947822 | Stephen Feinberg | C/O Cerberus Capital Management, L.p. 875 Third Avenue - 11Th Floor New York NY 10022 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, $0.001 Par Value | Disposition | 2013-03-07 | 5,000,000 | $28.30 | 5,486,429 | No | 4 | S | Indirect | By limited partnership and limited liability company |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By limited partnership and limited liability company |
Footnotes
- Cerberus Partners II, L.P. and Cerberus Series Four Holdings, LLC hold in the aggregate 2,429,494 shares of common stock, par value $0.001 per share (the "Common Stock"), of DigitalGlobe, Inc., a Delaware corporation (the "Company"), respectively, after giving effect to the sale of the Common Stock reported in this Form 4.
- Cerberus Satellite LLC holds 80,000 shares of Series A Convertible Preferred Stock (the "Series A Preferred Stock") of the Company. Pursuant to the Certificate of Designations, Preferences and Rights of Series A Convertible Preferred Stock of the DigitalGlobe, Inc. (the "Certificate of Designations"), the Series A Preferred Stock is convertible at any time at the option of the holder. The Series A Preferred Stock has no expiration date. Shares of Series A Preferred Stock are convertible into such number of shares of Common Stock as is obtained by multiplying the number of shares of Series A Preferred Stock to be converted by the quotient resulting from dividing (i) $1,000 plus an amount equal to all declared but unpaid dividends and all accrued but unpaid dividends with respect to such shares of Series A Preferred Stock by (ii) the Conversion Price.
- The Conversion Price is $26.17, subject to certain adjustments as set forth in the Certificate of Designations. As of the filing date of this Form 4, the 80,000 shares of Series A Preferred Stock were convertible into 3,056,935 shares of Common Stock. Stephen Feinberg, through one or more entities, possesses the sole power to vote and the sole power to direct the disposition of all securities of the Company beneficially owned by Cerberus Partners II, L.P., Cerberus Series Four Holdings, LLC and Cerberus Satellite LLC. As a result, Mr. Feinberg may be deemed to beneficially own 5,486,429 shares of Common Stock, or 7.2% of the shares of Common Stock deemed issued and outstanding.