-----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, TkDAhnyOP573v6EaRmXahPZ9CHR3x0oglokOFXCwjzJvl0MXAUdfK94AKliRayFw nyVf2qkyj4wn1ORMg3l1yQ== 0001209191-04-023738.txt : 20040504 0001209191-04-023738.hdr.sgml : 20040504 20040504213030 ACCESSION NUMBER: 0001209191-04-023738 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: FORD GERALD J CENTRAL INDEX KEY: 0001021572 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12117 FILM NUMBER: 04779408 BUSINESS ADDRESS: STREET 1: 350 S GRAND AVENUE STREET 2: 52ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 2132104931 MAIL ADDRESS: STREET 1: 350 S GRAND AVENUE STREET 2: 52ND FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90071 4 1 d15007_bod1gjf.xml MAIN DOCUMENT DESCRIPTION X0202 4 2004-04-30 0001017907 LIBERTE INVESTORS INC FAC 0001021572 FORD GERALD J 200 CRESCENT COURT SUITE 1350 DALLAS TX 75201 1 1 1 0 Chairman Common Stock 2004-04-30 4 X 0 5347405 4.00 A 14113644 I See Footnote. Common Stock 2004-04-30 4 X 0 563728 4.00 A 14677372 I See Footnote. Common Stock 2004-05-03 4 S 0 563728 4.00 D 14677372 I See Footnote. Subscription Rights (right to buy) 4.00 2004-04-30 4 X 0 5347405 D 2004-04-30 2004-04-30 Common Stock 5347405 0 I See Footnote. Subscription Rights (right to buy) 4.00 2004-04-30 4 J 0 563728 A 2004-04-30 2004-04-30 Common Stock 563728 563728 I See Footnote. 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 I See Footnote. Mr. Ford is a general partner of Hunter's Glen/Ford, Ltd., a Texas limited partnership ("HG/F"), and a general partner of HG/F. Mr. Ford is also the settlor of Turtle Creek Revocable Trust ("TCRT"). 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 of Liberte at a purchase price of $4.00 per share. Pursuant to the rules of the New York Stock Exchange, each of HG/F and TCRT 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 and TCRT (the "Stockholder Approval"), following which (i) HG/F exercised its Rights to purchase 4,881,487 shares of common stock and (ii) TCRT exercised its Rights to purchas e 465,918 shares of common stock. Includes (i) 12,883,926 shares held by HG/F and (ii) 1,229,718 shares held by TCRT. 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 aquire 563,728 shares of common stock (the "Backstop Shares") at a purchase price of $4.00 per share. Includes (i) 13,447,654 shares held by HG/F and (ii) 1,229,718 shares held by TCRT. On May 3, 2004, Mr. Ford acquired the Backstop Shares from HG/F at a purchase price of $4.00 per share. Includes (i) 563,728 shares held by Mr. Ford, (ii) 12,883,926 shares held by HG/F and (iii) 1,229,718 shares held by TCRT. Not applicable. Mr. Ford expressly disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. /s/ Gerald J. Ford 2004-05-04 -----END PRIVACY-ENHANCED MESSAGE-----