Filing Details
- Accession Number:
- 0001019056-10-000242
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-03-01 12:00:00
- Reporting Period:
- 2009-06-03
- Filing Date:
- 2010-03-01
- Accepted Time:
- 2010-03-01 19:36:07
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1041858 | Rcn Corp | RCNI | Telephone Communications (No Radiotelephone) (4813) | 223498533 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1352352 | Plainfield Asset Management Llc | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
| 1352354 | Ltd. Fund Master Situations Special Plainfield | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
| 1387428 | Max Holmes | C/O Plainfield Asset Management Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
| 1466617 | Ltd Fund Master Oc Plainfield | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
| 1472220 | Ltd Ii Fund Master Situations Special Plainfield | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
| 1474580 | Ltd Fund Master Strategies Liquid Plainfield | 100 West Putnam Avenue Greenwich CT 06830 | 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, Par Value $0.01 | Disposition | 2009-11-10 | 12,687 | $8.23 | 152,960 | No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-11-11 | 12,370 | $8.15 | 140,590 | No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-11-12 | 10,090 | $8.17 | 130,500 | No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-11-13 | 3,623 | $8.12 | 126,877 | No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-03 | 11,498 | $5.96 | 11,498 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-10 | 7,016 | $5.98 | 18,514 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-11 | 4,746 | $5.99 | 23,260 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-15 | 3,034 | $5.73 | 26,294 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-16 | 20,895 | $5.96 | 47,189 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-17 | 2,929 | $5.87 | 50,118 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-18 | 838 | $5.85 | 50,956 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-22 | 5,671 | $5.74 | 56,627 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-23 | 10,826 | $5.77 | 67,453 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-24 | 9,530 | $5.84 | 76,983 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-26 | 5,870 | $5.89 | 82,853 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-06-30 | 9,524 | $5.99 | 92,377 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-07-06 | 143 | $5.70 | 92,520 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-07-07 | 8,611 | $5.74 | 101,131 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-07-08 | 8,041 | $5.74 | 109,172 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-07-09 | 3,256 | $5.91 | 112,428 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-07-10 | 12,128 | $5.85 | 124,556 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Acquisiton | 2009-07-14 | 10,603 | $5.89 | 135,159 | No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-10-26 | 3,404 | $9.00 | 131,755 | No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-10-27 | 4,119 | $9.06 | 127,636 | No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-10-28 | 2,383 | $8.68 | 125,253 | No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-10-29 | 1,702 | $8.66 | 123,551 | No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-10-30 | 3,404 | $8.38 | 120,147 | No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-11-02 | 3,030 | $8.11 | 117,117 | No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| Common Stock, Par Value $0.01 | Disposition | 2009-11-03 | 3,404 | $8.19 | 113,713 | No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| No | 4 | S | Indirect | By Plainfield Special Situations Master Fund II Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | P | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
| No | 4 | S | Indirect | By Plainfield OC Master Fund Limited |
Footnotes
- Plainfield Asset Management LLC ("Plainfield"), is the manager of Plainfield Special Situations Master Fund Limited ("Master Fund"), Plainfield Special Situations Master Fund II Limited ("Master Fund II"), Plainfield OC Master Fund Limited ("OC Fund") and Plainfield Liquid Strategies Master Fund Limited ("Liquid Strategies Fund", and together with Plainfield, Master Fund, Master Fund II, and OC Fund, the "Reporting Persons"), each a private investment vehicle formed for the purpose of investing and trading in a variety of securities and financial instruments. Max Holmes, an individual, is the chief investment officer of Plainfield. Each of the Reporting Persons disclaims beneficial ownership of the reported shares for which it is not the record owner, and this report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of the securities for purposes of Section 16 or for any other purpose, except to the extent of their pecuniary interest therein.
- The amounts listed in this column do not include a total of 4,503,813 shares of Common Stock underlying 2,992,995 warrants currently held by Master Fund, Master Fund II, and OC Fund. As previously disclosed on the Form 3 filed by Master Fund, Plainfield and Max Holmes on February 2, 2008, Master Fund acquired 2,992,995 warrants exercisable into 4,503,813 shares of Common Stock. On May 31, 2009, Master Fund transferred 336,856 warrants, exercisable into 506,896 shares of Common Stock to Master Fund II and 209,309 warrants, exercisable into to 314,965 shares of Common Stock, to OC Fund. Currently, Master Fund holds the remaining 2,446,830 warrants, exercisable into 3,681,952 shares of Common Stock.
Billionaire Hedge Funds
