-----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, AR9PySQU9zscmNvON+wW/vNlhAaDhpamz3igPU40Qui+ydfwJifk6foHlVhWNUnz v3fBbEPzkC68v9XCiO01NQ== 0001179110-07-005262.txt : 20070302 0001179110-07-005262.hdr.sgml : 20070302 20070302173400 ACCESSION NUMBER: 0001179110-07-005262 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070228 FILED AS OF DATE: 20070302 DATE AS OF CHANGE: 20070302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DINOVI ANTHONY CENTRAL INDEX KEY: 0001214208 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24061 FILM NUMBER: 07668981 BUSINESS ADDRESS: BUSINESS PHONE: 6172271050 MAIL ADDRESS: STREET 1: C/O THOMAS H LEE PARTNERS LP STREET 2: 100 FEDERAL STREET, 35TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: US LEC CORP CENTRAL INDEX KEY: 0001054290 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 562065535 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6801 MORRISON BOULEVARD STREET 2: MORROCROFT III CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 704-319-1000 MAIL ADDRESS: STREET 1: 6801 MORRISON BOULEVARD STREET 2: MORROCROFT III CITY: CHARLOTTE STATE: NC ZIP: 28211 4 1 edgar.xml FORM 4 - X0202 4 2007-02-28 1 0001054290 US LEC CORP CLEC 0001214208 DINOVI ANTHONY C/O THOMAS H. LEE PARTNERS, L.P. 100 FEDERAL STREET, 35TH FLOOR BOSTON MA 02110 1 0 0 0 Series A Convertible Preferred Stock 28.00 2007-02-28 4 D 0 369.1 1000 A Class A Common Stock 13181 0 D Series A Convertible Preferred Stock 28.00 2007-02-28 4 D 0 142372.7 1000 D Class A Common Stock 5084212 0 I Please see footnote 5 The holder of shares of Series A Convertible Preferred Stock (the "Preferred Stock") has the right, at his option, to convert each such share into a number of shares of Class A Common Stock (the "Common Stock") determined by dividing $1,000.00 by the conversion price in effect at the time of conversion ($28.002 as of February 28, 2007). The Reporting Person held 245 shares of Preferred Stock as of April 11, 2000 and has subsequently received 124.1 shares in stock dividends which are exempt under Rule 16(b)-3, resulting in total holdings as of February 28, 2007 of 369.1 shares of Preferred Stock, which were repurchased by the Issuer on February 28, 2007. The Funds (as defined below) held 94,505 shares of Preferred Stock as of April 11, 2000 and have subsequently received 47,867.7 shares in stock dividends which are exempt under Rule 16(b)-3, resulting in total holdings as of February 28, 2007 of 142,372.7 shares of Preferred Stock, which were repurchased by the Issuer on February 28, 2007. Represents shares of the Issuer held directly by Thomas H. Lee Equity Fund IV, L.P. ("Equity"), Thomas H. Lee Foreign Fund IV, L.P. ("Foreign"), and Thomas H. Lee Foreign Fund IV-B, L.P. ("Foreign B" and together with Equity and Foreign, the "Funds"). The Reporting Person is a Co-President of Thomas H. Lee Partners, L.P., which is the general partner of THL Equity Advisors IV, LLC, which in turn is the general partner of each of the Funds, and as such, the Reporting Person may be deemed to beneficially own the shares of the Issuer owned directly by each of the Funds. The Reporting Person disclaims beneficial ownership of such shares, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein. /s/ Anthony J. DiNovi 2007-03-02 -----END PRIVACY-ENHANCED MESSAGE-----