-----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, K8lI3Q8ozqO+4BoNsBxSQKVN/Z0lkrexnF5rb/T7iUtdwrZ18DkeCFH8/4NRGTMb 7HGmJJoduOxAVE3mDmpNsQ== 0001106605-01-500032.txt : 20020722 0001106605-01-500032.hdr.sgml : 20020722 20010510170800 ACCESSION NUMBER: 0001106605-01-500032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010228 FILED AS OF DATE: 20010510 DATE AS OF CHANGE: 20020720 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STARMEDIA NETWORK INC CENTRAL INDEX KEY: 0001057334 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 061461770 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-31138 FILM NUMBER: 01628926 BUSINESS ADDRESS: STREET 1: 29 WEST 36TH STREET 5TH FL CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 2125489600 MAIL ADDRESS: STREET 1: 29 WEST 36TH STREET FIFTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 COMPANY DATA: COMPANY CONFORMED NAME: J P MORGAN PARTNERS SBIC LLC CENTRAL INDEX KEY: 0001106605 OWNER STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2128993400 MAIL ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: CHASE VENTURE CAPITAL ASSOCIATES LLC DATE OF NAME CHANGE: 20000214 4 1 sbic_starmediaform4.txt FORM 4 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). ________________________________________________________________________________ 1. Name and Address of Reporting Person* J.P. Morgan Partners (SBIC), LLC - -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o J.P. Morgan Partners, LLC 1221 Avenue of the Americas - 40th Floor - -------------------------------------------------------------------------------- (Street) New York New York 10020 - -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol StarMedia Network, Inc. ("STRM") ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year February 2001 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [_] Form filed by one Reporting Person [X] Form filed by more than one Reporting Person ________________________________________________________________________________ ================================================================================ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned ================================================================================
6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of 2. Code ------------------------------- Owned at End (D) or Indirect 1. Transaction (Instr. 8) (A) of Month Indirect Beneficial Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 2/22/01 J (FN 1) 912,406 A $7.00 12,290,739 D (FN 2) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
* If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) (Over) (Form 4-07/99) FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================
10. 9. Owner- Number ship of Form 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature or Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) These shares which had collateralized notes of Gratis 1 acquired by the Reporting Person at various times between July 18, 2000 and September 12, 2000, were exchanged for the outstanding principal and accrued interest of such notes on February 22, 2001. The aggregate amount of principal and interest for which these shares were exchanged was $6,386,845 ($7 per share). (2) Flatiron Associates LLC (f/k/a Friends of Flatiron, LLC), Flatiron Fund 1998/99, LLC and Flatiron Partners LLC (collectively, the "Flatiron Investors") and/or affiliates of the Flatiron Investors (collectively, the "Flatiron Group") are parties to certain co-investment arrangements with affiliates of JPM SBIC (the "JPM Entities"). The parties to such arrangements have agreed to a venture capital investment program for the purpose of making private investments primarily in the equity and equity-related securities of early stage Internet companies (the "Program"). In substance, the Program is similar to a typical venture capital investment firm, with certain Flatiron Investors receiving the equivalent of a standard carried interest from the JPM Entities. Upon the occurrence of certain contingencies that are outside the control of the JPM Entities, certain JPM Entities may acquire a pecuniary interest in the investments made by the Flatiron Investors. None of the JPM Entities presently has any beneficial or pecuniary interest in the shares of the Issuer held by the Flatiron Investors. J.P. Morgan Partners (SBIC), LLC By: /s/ Susan L. Segal 05/10/01 ---------------------------------------- ----------------------- Susan L. Segal Date Managing Director ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.
NAME AND ADDRESS OF DESIGNATED STATEMENT ISSUER NAME, TICKER REPORTING PERSON REPORTER (Note 1) FOR OR TRADING SYMBOL MONTH/YEAR - ------------------------------------------------------------------------------------------------------------------------------------ J.P. Morgan Partners (BHCA), L.P. J.P. Morgan Partners February 2001 Starmedia Network, Inc. ("STRM") c/o J.P. Morgan Partners, LLC (SBIC), LLC 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------ JPMP Master Fund Manager, L.P. J.P. Morgan Partners February 2001 Starmedia Network, Inc. ("STRM") c/o J.P. Morgan Partners, LLC (SBIC), LLC 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------ JPMP Capital Corporation J.P. Morgan Partners February 2001 Starmedia Network, Inc. ("STRM") c/o J.P. Morgan Partners, LLC (SBIC), LLC 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------ J.P. Morgan Chase & Co. J.P. Morgan Partners February 2001 Starmedia Network, Inc. ("STRM") c/o J.P. Morgan Partners, LLC (SBIC), LLC 270 Park Avenue 35th Floor New York, NY 10017 - ------------------------------------------------------------------------------------------------------------------------------------ Chatham Ventures, Inc. J.P. Morgan Partners February 2001 Starmedia Network, Inc. ("STRM") c/o J.P. Morgan Partners, LLC (SBIC), LLC 1221 Avenue of the Americas New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ NAME AND ADDRESS OF TITLE OF AMOUNT OF OWNERSHIP FORM: NATURE OF INDIRECT DISCLAIMS REPORTING PERSON SECURITY SECURITIES DIRECT (D) OR BENEFICIAL OWNERSHIP PECUNIARY BENEFICIALLY INDIRECT (I) INTEREST OWNED ----------------------------------------------------------------------------------------------------------------------------------- J.P. Morgan Partners (BHCA), L.P. Common Stock 12,290,739 I See Explanatory No c/o J.P. Morgan Partners, LLC Note 2 below 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------ JPMP Master Fund Manager, L.P. Common Stock 12,290,739 I See Explanatory No c/o J.P. Morgan Partners, LLC Note 3 below 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------ JPMP Capital Corporation Common Stock 12,290,739 I See Explanatory No c/o J.P. Morgan Partners, LLC Note 4 below 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------ J.P. Morgan Chase & Co. Common Stock 12,290,739 I See Explanatory No 270 Park Avenue Note 5 below 35th Floor New York, NY 10017 - ------------------------------------------------------------------------------------------------------------------------------------ Chatham Ventures, Inc. Common Stock 12,290,739 I See Explanatory No c/o J.P. Morgan Partners, LLC Note 6 below 1221 Avenue of the Americas 40th Floor New York, NY 10020 - ------------------------------------------------------------------------------------------------------------------------------------
Explanatory Note: 1) The Designated Reporter is executing this report on behalf of all Reporting Persons, each of whom has authorized it to do so; each of the Reporting Persons disclaims beneficial ownership of the Issuer's securities to the extent it exceeds such Person's pecuniary interest in them. 2) The amounts shown in Table I represent the beneficial ownership of the Issuer's equity securities by JPM SBIC. The Reporting Person is the sole member of JPM SBIC. 3) The amounts shown in Table I represent the beneficial ownership of the Issuer's equity securities by JPM SBIC, a portion of which may be deemed attributable to the Reporting Person because it is the sole general partner of J.P. Morgan Partners (BHCA), L.P. ("JPM BHCA"), the sole member of JPM SBIC. The actual pro rata portion of such beneficial ownership that may be deemed to be attributable to the Reporting Person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting of interests within JPM BHCA. 4) The amounts shown in Table I represent the beneficial ownership of the Issuer's equity securities by JPM SBIC, a portion of which may be deemed attributable to the Reporting Person because it is the general partner of JPMP Master Fund Manager, L.P. ("MF Manager"), the general partner of JPM BHCA (the parent of JPM SBIC). The actual pro rata portion of such beneficial ownership that may be deemed to be attributable to the Reporting Person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting of interests within JPM BHCA and MF Manager. 5) The amounts shown in Table I represent the beneficial ownership of the Issuer's equity securities by JPM SBIC, a portion of which may be deemed attributable to the Reporting Person because it is the sole stockholder of JPMP Capital Corporation (the general partner of MF Manager) and of Chatham Ventures, Inc., the limited partner of JPM BHCA. The actual pro rata portion of such beneficial ownership that may be attributable to the Reporting Person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting of interests within JPM BHCA and MF Manager. 6) The amounts shown in Table I represent the beneficial ownership of the Issuer's equity securities by JPM SBIC, a portion of which may be deemed attributable to the Reporting Person because it is the sole limited partner of JPM BHCA, the parent of JPM SBIC. The actual pro rata portion of such beneficial ownership that may be deemed to be attributable to the Reporting Person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting of interests within JPM BHCA. -----END PRIVACY-ENHANCED MESSAGE-----