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