FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 12/09/2004 |
3. Issuer Name and Ticker or Trading Symbol
SAVVIS COMMUNICATIONS CORP [ SVVS ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock, par value $0.01 per share | 606,150 | I | See footnotes(1)(2) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. (a) Oak Hill Advisors, L.P., a Delaware limited partnership ("OH Advisors"), in its capacity as investment advisor, may be deemed to beneficially own 40,960 shares held by an advisory client; (b) OH Advisors may be deemed to beneficially own 565,190 shares in it capacity as the managing member of Oak Hill Credit Alpha Management LLC, a Delaware limited liability company ("OHCA Management"), which is the investment advisor to Oak Hill Credit Alpha Fund (Offshore), Ltd., a Caymand Islands exempted company ("OHCAF Offshore"), which holds 565,190 shares. As a result, OH Advisors may be deemed to beneficially own 606,150 shares. |
2. Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Securities Exchange Act of 1934, as amended (the "Act"), OH Advisors is deemed to be the beneficial owner of the shares beneficially owned by OHCAF Offshore, OHCA Management and certain advisory client only to the extent of the greater of its respective direct or indirect interest in the profits or capital account of OHCAF Offshore, OHCA Management and certain advisory client. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that OH Advisors is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities owned by OHCAF Offshore, OHCA Management or such advisory client in excess of such amount. |
Remarks: |
The Reporting Person may be deemed a member of a group that owns more than 10% of the outstanding common stock of Savvis Communication Corporation. However, the Reporting Person disclaims such group membership, and this report shall not be deemed an admission that the Reporting Person is a member of a group that owns more than 10% of the outstanding common stock for purposes of Section 16 or for any other purpose. OAK HILL ADVISORS, L.P. By: Oak Hill Advisors MGP, Inc. its general partner By: /s/ Glenn R. August Name: Glenn R. August Title: President |
/s/ Glenn R. August, President | 12/20/2004 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** 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 is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |