0001181431-09-025341.txt : 20120202 0001181431-09-025341.hdr.sgml : 20120202 20090518132008 ACCESSION NUMBER: 0001181431-09-025341 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090515 FILED AS OF DATE: 20090518 DATE AS OF CHANGE: 20090518 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAVAN WILLIAM C CENTRAL INDEX KEY: 0001069087 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21395 FILM NUMBER: 09836083 MAIL ADDRESS: STREET 1: BERKELEY GROUP STREET 2: 100 GARDEN CITY PLAZA PO BOX 9366 CITY: GARDEN CITY STATE: NY ZIP: 11530 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIN CORP CENTRAL INDEX KEY: 0001020391 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 251795265 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 400 GREENTREE COMMONS STREET 2: 381 MANSFIELD AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15220 BUSINESS PHONE: 4129288800 MAIL ADDRESS: STREET 1: 400 GREENTREE COMMONS STREET 2: 381 MANSFIELD AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15220 FORMER COMPANY: FORMER CONFORMED NAME: ALLIN COMMUNICATIONS CORP DATE OF NAME CHANGE: 19960805 4 1 rrd242400.xml FORM 4 DATED MAY 18, 2009 X0303 4 2009-05-15 0 0001020391 ALLIN CORP ALLN 0001069087 KAVAN WILLIAM C 117 BRIXTON ROAD GARDEN CITY NY 11530 1 0 0 0 Series H Redeemable Preferred Stock 2009-05-15 4 J 0 10 10046 D 0 I By Churchill Group, LLC Series F Convertible Redeemable Preferred Stock 2009-05-15 4 J 0 41.6667 1049 D 0 I By Churchill Group, LLC Series D Convertible Redeemable Preferred Stock 2009-05-15 4 J 0 271.001 1002 D 478.999 D Series C Redeemable Preferred Stock 2009-05-15 4 S 0 12000 D 0 D Series G Convertible Redeemable Preferred Stock 2009-05-15 4 S 0 10 10145 D 0 D Series I Redeemable Preferred Stock 2009-05-15 4 P 0 407.8387 A 407.8387 D The reported securities were called for redemption by the issuer at a price equal to their face value of $10,000 per share plus accrued dividends of $46 per share. The reporting person disclaims beneficial ownership of all reported securities set forth in this Form 4 report held by Churchill Group, LLC, except to the extent of his pecuniary interest therein. The reported securities were called for redemption by the issuer at a price equal to their face value of $1,000 per share plus accrued dividends of $49 per share. The reported securities were called for partial redemption (0.36 per share) by the issuer at a price equal to their face value of $1,000 per share plus accrued dividends of $2 per share. The reporting person disposed of 12,000 shares of Series C Redeemable Preferred Stock in exchange for 368.5440 shares of Series I Redeemable Preferred Stock pursuant to an issuer exchange offer. Upon stockholder approval of an increase in authorized shares of common stock, the reporting person will be entitled to receive common stock warrants in connection with the exchange of the Series C Redeemable Preferred Stock. Pursuant to an issuer exchange offer, the reporting person (i) disposed of 10 shares of Series G Convertible Redeemable Preferred Stock at a price equal to their face value of $10,000 per share plus accrued dividends of $145 per share and (ii) received 39.2947 shares of Series I Preferred Redeemable Stock in exchange for an amount representing an aggregate 25% compounded annual return on the face value of the Series G Convertible Redeemable Preferred Stock. Upon stockholder approval of an increase in authorized shares of common stock, the reporting person will be entitled to receive common stock warrants in connection with the exchange of the Series G Convertible Redeemable Preferred Stock. See footnotes 5 and 6. /s/ Dean C. Praskach, Attorney-in-fact 2009-05-18