0001140361-11-020662.txt : 20110404
0001140361-11-020662.hdr.sgml : 20110404
20110404181604
ACCESSION NUMBER: 0001140361-11-020662
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110404
DATE AS OF CHANGE: 20110404
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FAIRPOINT COMMUNICATIONS INC
CENTRAL INDEX KEY: 0001062613
STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
IRS NUMBER: 133725229
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 521 EAST MOREHEAD ST
STREET 2: STE 250
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
BUSINESS PHONE: 7043448150
FORMER COMPANY:
FORMER CONFORMED NAME: MJD COMMUNICATIONS INC
DATE OF NAME CHANGE: 19980527
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MARATHON ASSET MANAGEMENT LP
CENTRAL INDEX KEY: 0001279913
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32408
FILM NUMBER: 11737467
BUSINESS ADDRESS:
STREET 1: ONE BRYANT PARK
STREET 2: 38TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 212-500-3123
MAIL ADDRESS:
STREET 1: ONE BRYANT PARK
STREET 2: 38TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER NAME:
FORMER CONFORMED NAME: MARATHON ASSET MANAGEMENT LLC
DATE OF NAME CHANGE: 20040212
4
1
doc1.xml
FORM 4
X0303
4
2011-03-31
0
0001062613
FAIRPOINT COMMUNICATIONS INC
FRP
0001279913
MARATHON ASSET MANAGEMENT LP
ONE BRYANT PARK, 38TH FLOOR
NEW YORK
NY
10036
0
0
1
0
Common Stock, par value $0.01 per share
2011-03-31
4
S
0
156102
16.8334
D
1741275
I
See footnote
Common Stock, par value $0.01 per share
2011-04-01
4
S
0
15120
17.3202
D
1726155
I
See footnote
Common Stock, par value $0.01 per share
2011-04-04
4
S
0
101561
16.9606
D
1624594
I
See footnote
The sales price of the shares of Common Stock, par value $0.01 per share ("Shares"), of FairPoint Communications, Inc. (the "Company"), reported in Column 4 of this report is a weighted-average price. The Shares sold on March 31, 2011, were sold in multiple transactions at prices ranging from $16.8000 to $16.9000, inclusive. Marathon Asset Management, L.P. (the "Reporting Person") undertakes to provide to the Company, any security holder of the Company, or the Staff of the Securities and Exchange Commission, upon request, full and complete information regarding the number of Shares sold at each separate price within the range set forth in this footnote (1).
The sales price of the Shares of the Company reported in Column 4 of this report is a weighted-average price. The Shares sold on April 1, 2011, were sold in multiple transactions at prices ranging from $17.1990 to $17.4700, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the Staff of the Securities and Exchange Commission, upon request, full and complete information regarding the number of Shares sold at each separate price within the range set forth in this footnote (2).
The sales price of the Shares of the Company reported in Column 4 of this report is a weighted-average price. The Shares sold on April 4, 2011, were sold in multiple transactions at prices ranging from $16.8743 to $17.1500, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the Staff of the Securities and Exchange Commission, upon request, full and complete information regarding the number of Shares sold at each separate price within the range set forth in this footnote (3).
The Shares of the Company reported herein are held by one or more funds and accounts (the "Funds and Accounts") advised by the Reporting Person. The Reporting Person, in its capacity as the investment manager of the Funds and Accounts, has sole power to vote and direct the disposition of all Shares held by the Funds and Accounts. Thus, for the purposes of Reg. Section 240.13d-3, the Reporting Person may be deemed to beneficially own 1,624,594 Shares. The Reporting Person's interest in such securities is limited to the extent of its pecuniary interest in the Funds and Accounts, if any. This report shall not be deemed an admission that the Reporting Person, each Fund and Account or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
by: /s/ Louis Hanover, Authorized Person of Marathon Asset Management GP, L.L.C., general partner of Marathon Asset Management, L.P.
2011-04-04