FORM 3 |
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 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 08/06/2003 |
3. Issuer Name and Ticker or Trading Symbol
IMPSAT FIBER NETWORKS INC [ IMFN ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common stock | 1,010,301 | I | By the entities listed below.(1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Series A 6% Senior Guaranteed Convertible Notes due 2011 | 03/26/2003 | 03/25/2011 | Common stock | (2) | (3) | I | By the entities listed below.(1) |
Explanation of Responses: |
1. The reporting person manages certain managed accounts and the following investment funds: York Offshore Investors Unit Trust, York Capital Management, L.P., York Investment Limited and York Distressed Opportunities Fund, L.P. The reporting person disclaims any beneficial ownership interest of the securities held by the managed accounts and the investment funds. The amount of securities in which the reporting person has a pecuniary interest is zero (Rule 16a-1(a)(2)). |
2. The amount of the Series A Notes beneficially owned is $2,470,000. The number of shares received will be calculated by dividing the principal amount of the Series A Notes that are converted by the conversion price then in effect. |
3. The conversion price ranges from $14.17 to $13.56 between the date of this filing and the expiration date. |
/s/ Adam J. Semler, Chief Financial Officer of JGD Management Corp. | 11/05/2003 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |