-----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, R9DyTJ5DFIqXdDfyd7yw/A3RSTGYYML8875ahq9fBVSasPJisNVtCCR3bpCUslnX bSosD6r+oB2FbdfmCv1kGA== 0001209191-04-023734.txt : 20040504 0001209191-04-023734.hdr.sgml : 20040504 20040504212852 ACCESSION NUMBER: 0001209191-04-023734 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040430 FILED AS OF DATE: 20040504 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LIBERTE INVESTORS INC CENTRAL INDEX KEY: 0001017907 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 751328153 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 200 CRESCENT COURT STREET 2: SUITE 1365 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2148715935 MAIL ADDRESS: STREET 1: 200 CRESCENT COURT STREET 2: SUITE 1365 CITY: DALLAS STATE: TX ZIP: 75201 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HUNTERS GLEN/ FORD, LTD. CENTRAL INDEX KEY: 0001289163 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12117 FILM NUMBER: 04779401 BUSINESS ADDRESS: STREET 1: 200 CRESCENT COURT STREET 2: SUITE 1365 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 214-871-5938 MAIL ADDRESS: STREET 1: 200 CRESCENT COURT STREET 2: SUITE 1365 CITY: DALLAS STATE: TX ZIP: 75201 4 1 d15007_bod1hgf.xml MAIN DOCUMENT DESCRIPTION X0202 4 2004-04-30 0001017907 LIBERTE INVESTORS INC FAC 0001289163 HUNTERS GLEN/ FORD, LTD. 200 CRESCENT COURT SUITE 1350 DALLAS TX 75201 0 0 1 0 Common Stock 2004-04-30 4 X 0 4881487 4.00 A 12883926 D Common Stock 2004-04-30 4 X 0 563728 4.00 A 13447654 D Common Stock 2004-05-03 4 S 0 563728 4.00 D 12883926 D Subscription Rights (right to buy) 4.00 2004-04-30 4 X 0 4881487 D 2004-04-30 2004-04-30 Common Stock 4881487 0 D Subscripton Rights (right to buy) 4.00 2004-04-30 4 J 0 563728 A 2004-04-30 2004-04-30 Common Stock 563728 563728 D Subscription Rights (right to buy) 4.00 2004-04-30 4 X 0 563728 D 2004-04-30 2004-04-30 Common Stock 563728 0 D On April 1, 2004, Liberte Investors Inc. ("Liberte") commenced a rights offering (the "Rights Offering") pursuant to which Liberte distributed pro rata to its stockholders subscription rights ("Rights") to purchase shares of common stock, par value $0.01 per share ("Common Stock"), of Liberte at a purchase price of $4.00 per share. Pursuant to the rules of the New York Stock Exchange, Hunter's Glen/Ford, Ltd., a Texas limited partnership ("HG/F"), was entitled to receive its pro rata share of the Rights upon approval of the stockholders of Liberte. On April 30, 2004, the stockholders of Liberte approved the distribution of Rights to HG/F (the "Stockholder Approval"), following which HG/F exercised its Rights to purchase 4,881,487 shares of Common Stock. On December 15, 2003, HG/F entered into a certain Backstop Agreement (the "Backstop Agreement") with Liberte, pursuant to which HG/F agreed to purchase all Rights that were not exercised by stockholders of Liberte upon expiration of the Rights Offering. Upon expiration of the Rights Offering, an aggregate of 563,728 Rights (the "Backstop Rights") were unsubscribed for by stockholders of Liberte. On April 30, 2004, after the Stockholder Approval and pursuant to its obligations under the Backstop Agreement, HG/F acquired the Backstop Rights and exercised the Backstop Rights to acquire 563,728 shares of Common Stock (the "Backstop Shares") at a purchase price of $4.00 per share. On May 3, 2004, Gerald J. Ford, a general partner of HG/F, acquired the Backstop Shares from HG/F at a purchase price of $4.00 per share. Not applicable. /s/ Gerald J. Ford, general partner of Hunter's Glen/Ford, Ltd. 2004-05-04 -----END PRIVACY-ENHANCED MESSAGE-----