-----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, JEcvG2LqR6IoQWn03bAHnT26odwdALSIxN16AFlBP10WvnRFEcnq2fEOrf7BqIWQ PQbqjuVlO0D0dIQAJ2aojA== 0001179110-06-005259.txt : 20060301 0001179110-06-005259.hdr.sgml : 20060301 20060301175838 ACCESSION NUMBER: 0001179110-06-005259 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060227 FILED AS OF DATE: 20060301 DATE AS OF CHANGE: 20060301 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FOG CUTTER CAPITAL GROUP INC CENTRAL INDEX KEY: 0001048566 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 522081138 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1631 SW COLUMBIA STREET CITY: PORTLAND STATE: OR ZIP: 97201 BUSINESS PHONE: 5037216500 MAIL ADDRESS: STREET 1: 1310 S W 17TH ST CITY: PORTLAND STATE: OR ZIP: 97201 FORMER COMPANY: FORMER CONFORMED NAME: WILSHIRE REAL ESTATE INVESTMENT TRUST INC DATE OF NAME CHANGE: 19971027 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WIEDERHORN ANDREW CENTRAL INDEX KEY: 0001033016 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-23911 FILM NUMBER: 06657171 BUSINESS ADDRESS: STREET 1: C/O WILSHIRE FINANCIAL SERVICES GROUP STREET 2: 1776 SW MADISON STREET CITY: PORTLAND STATE: OR ZIP: 97205 BUSINESS PHONE: 5032235600 4 1 edgar.xml FORM 4 - X0202 4 2006-02-27 0 0001048566 FOG CUTTER CAPITAL GROUP INC FCCG.PK 0001033016 WIEDERHORN ANDREW C/O FOG CUTTER CAPITAL GROUP INC. 1410 SW JEFFERSON STREET PORTLAND OR 97201-2548 1 0 1 0 Put Option (obligation to buy) 5.90 2006-02-27 4 S 0 100000 D 2006-04-01 2006-11-30 Common Stock 100000 100000 D Put Option (obligation to buy) 5.40 2006-02-27 4 S 0 323189 D 2006-04-01 2006-11-30 Common Stock 323189 323189 D On February 27, 2006, the Reporting Person entered into a letter agreement pursuant to which a put option was written to Clarence B. Coleman, as Trustee of the C.B. Coleman and Joan F. Coleman Recovable Trust (the "Trust") to put to the Reporting Person 100,000 shares of the issuer's common stock (the "Retained Shares"). Notice of the exercise must be given at least 30 days prior to the closing of the put exercise, which closing will occur no earlier than April 1, 2006 and no later than November 30, 2006. The put option expires on December 1, 2006 if notice of the exercise is not received on or prior to November 30, 2006. The Trust agrees to retain ownership of the Retained Shares until December 1, 2006 or until the closing date if the put is exercised. On February 27, 2006, the Reporting Person entered into a letter agreement pursuant to which a put option was written to the Clarence & Joan Coleman Charitable Foundation (the "Foundation) to put to the Reporting Person 323,189 shares of the issuer's common stock (the "Retained Shares"). Notice of the exercise must be given at least 30 days prior to the closing of the put exercise, which closing will occur no earlier than April 1, 2006 and no later than November 30, 2006. The put option expires on December 1, 2006 if notice of the exercise is not received on or prior to November 30, 2006. The Foundation agrees to retain ownership of the Retained Shares until December 1, 2006 or until the closing date if the put is exercised. /s/ Michael S. Angell, Attorney-in-Fact 2006-03-01 -----END PRIVACY-ENHANCED MESSAGE-----