-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MZukoilztS0rAjaed8AGQp1bevmeav+DL6nBOs65+ocDNYg8SMY/gwYChKhSk0xX Ub5t3SlFBrLRKmTEnH+8vA== 0000897101-99-000251.txt : 19990325 0000897101-99-000251.hdr.sgml : 19990325 ACCESSION NUMBER: 0000897101-99-000251 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990323 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED RADIO TELECOM CORP CENTRAL INDEX KEY: 0001010286 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 521869023 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-49879 FILM NUMBER: 99570533 BUSINESS ADDRESS: STREET 1: 500 108TH AVE NE STREET 2: SUITE 2600 CITY: BELLEVUE STATE: WA ZIP: 98004 BUSINESS PHONE: 4256888700 MAIL ADDRESS: STREET 1: 500 108TH AVENUE NE STREET 2: SUITE 2600 CITY: BELLEVUE STATE: WA ZIP: 98004 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COMMCO L L C CENTRAL INDEX KEY: 0001035223 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 4513 PIN OAK COURT CITY: SIOUX FALLS STATE: SD ZIP: 57103 BUSINESS PHONE: 6055823771 MAIL ADDRESS: STREET 1: 4313 PIN OAK COURT CITY: SIOUX FALLS STATE: SD ZIP: 57103 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2) Advanced Radio Telecom Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock $.001 per value - -------------------------------------------------------------------------------- (Title of class of securities) 00743U-10-1 - -------------------------------------------------------------------------------- (CUSIP number) James C. Diracles Charles C. Berquist Best & Flanagan LLP 4000 U.S. Bank Place 601 Second Avenue South Minneapolis, Minnesota 55402 (612) 341-9726 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) March 15, 1999 - -------------------------------------------------------------------------------- (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rules 13d-1(e), 13d-1(f), or 13d-1(g), check the following box [ ] (Continued on following pages) Page 1 of 8 Pages CUSIP NO. 00743U-10-1 13D PAGE 2 OF 8 PAGES ----------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Commco, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS 00 - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZEN OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 1,324,691 SHARES ------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 EACH ------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 1,324,691 ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,324,691 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.95% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- (Continued on following pages) CUSIP NO. 00743U-10-1 13D PAGE 3 OF 8 PAGES ----------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Rosemarie A. Reardon - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZEN OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 1,337,991 SHARES ------------------------------------------------------------- BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 0 EACH ------------------------------------------------------------- REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH 1,337,991 ------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,337,991 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.99% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- (Continued on following pages) SCHEDULE 13D COMMCO, L.L.C ROSEMARIE A. REARDON PAGE 4 OF 8 PAGES ADVANCED RADIO TELECOM CORP. (CUSIP NO. 00743U-10-1) ITEM 1. SECURITY AND ISSUER This statement relates to the common stock, par value $.001 per share (the "Common Stock"), of Advanced Radio Telecom Corp., a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 500 108th Avenue, N.E., Suite 2600, Bellevue, Washington 98004. This Amendment is being filed to report a material decrease in the percentage of the Common Stock beneficially owned by the Reporting Persons, as defined below. This is the final amendment because the Reporting Persons now beneficially own less than 5% of the Common Stock. ITEM 2. IDENTITY AND BACKGROUD (a) This statement is filed with respect to Commco, L.L.C., a Delaware limited liability company ("Commco"), and Rosemarie A. Reardon ("Reardon"). Each of Commco and Reardon are referred to herein as a "Reporting Person" and collectively as the "Reporting Persons." By virtue of her position as the controlling member of Commco, Reardon has the power to vote and dispose of the Common Stock held by Commco. Accordingly, the Reporting Persons are hereby filing a joint Amendment to Schedule 13D. This Amendment is being filed to report a material decrease in the percentage of the Common Stock beneficially owned by the Reporting Persons. Reardon is also the direct beneficial owner of 13,300 shares of Common Stock acquired by her by gift on May 30, 1997. Commco has no beneficial ownership of such shares. (b) The principal business address of each Reporting Person is 4513 Pin Oak Court, Sioux Falls, South Dakota 57103. (c) The principal business of Commco is telecommunications. Reardon is a business person and an individual investor who is the controlling member of Commco. (d) Neither Reporting Person has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) Neither Reporting Person has, during the past five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in a judgement, decree or final order enjoining future violations of, or prohibiting (Continued on following pages) SCHEDULE 13D COMMCO, L.L.C ROSEMARIE A. REARDON PAGE 5 OF 8 PAGES or mandating activities subject to, Federal or State securities laws or a finding of any violation with respect to such laws. (f) Reardon is a United States citizen. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Not applicable. ITEM 4. PURPOSE OF TRANSACTION This Amendment is being filed to report a material decrease in the percentage of the Common Stock beneficially owned by the Reporting Persons. This is the final amendment because the Reporting Persons now beneficially own less than 5% of the Common Stock. Each Reporting Person acquired the shares of Common Stock for investment purposes. Although no Reporting Person presently has any plans or proposals to acquire additional securities of the Issuer in the future, each Reporting Person may acquire additional securities of the Issuer in the future. No Reporting Persons presently has any plans or proposals which relate to or would result in any of the transactions described in paragraphs (a) through (l) of Item 4 of Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Commco currently beneficially owns 1,324,691 shares of the Issuer's Common Stock, representing approximately 4.95% of the currently outstanding shares of Common Stock. Such shares include warrants to purchase 54,191 shares of Common Stock held by Commco. Reardon may be deemed to beneficially own 1,324,691 shares of the Issuer's Common Stock, plus she is the direct beneficial owner of 13,300 shares, representing approximately 4.99% of the currently outstanding shares of Common Stock. The aggregate percentage of shares of Common Stock reported owned by each Reporting Person is based upon 26,707,000 shares currently outstanding, as reported by Nasdaq, plus 54,191 shares covered by warrants beneficially owned by the Reporting Persons. (b) By virtue of her position as the controlling member of Commco, Reardon has the sole power to vote and dispose of all 1,324,691 shares of Common Stock reported in this Schedule 13D. Such shares include warrants to purchase 54,191 shares of Common Stock. Reardon is also the direct beneficial owner of 13,300 shares of Common Stock acquired by her by gift on May 30, 1997. Commco has no beneficial ownership of such shares. (Continued on following pages) SCHEDULE 13D COMMCO, L.L.C ROSEMARIE A. REARDON PAGE 6 OF 8 PAGES (c) Since March 10, 1999, Commco effected the following sales of the Common Stock: - -------------------------- ------------------------- -------------------------- TRADE DATE SELLING PRICE NUMBER OF SHARES SOLD - -------------------------- ------------------------- -------------------------- 3/11/99 $ 8.5000 27,500 - -------------------------- ------------------------- -------------------------- 3/12/99 $ 8.2500 81,138 - -------------------------- ------------------------- -------------------------- 3/15/99 $ 8.6063 107,000 - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- - -------------------------- ------------------------- -------------------------- TOTAL 215,638 - -------------------------- ------------------------- -------------------------- All transactions were in normal brokers' transactions or with market makers on NASDAQ. (d) Not applicable. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITES OF THE ISSUER. None. ITEM 7. MATERIALS TO BE FILED AS EXHIBITS. 1. Joint Filing Agreement. (Continued on following pages) SCHEDULE 13D COMMCO, L.L.C ROSEMARIE A. REARDON PAGE 7 OF 8 PAGES SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 23, 1999 COMMCO, L.L.C. By: /s/ Scott Reardon, President /s/ Rosemarie A. Reardon (Continued on following pages) SCHEDULE 13D COMMCO, L.L.C. ROSEMARIE A. REARDON PAGE 8 OF 8 PAGES JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons names below agree to the joint filing on behalf of each of them of Schedule 13D with respect to the common stock, per value $.001 per share, of Advanced Radio Telecom Corp., a Delaware corporation, and any further amendments thereto. This Joint Filing Agreement shall be filed as an Exhibit to the Schedule 13D. Dated: March 23, 1999 COMMCO, L.L.C. By: /s/ Scott Reardon, President /s/ Rosemarie A. Reardon -----END PRIVACY-ENHANCED MESSAGE-----