-----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, Cv/Bg2KPQPBqTo5uv4h9aQw90a3L8zMWvnNsEkvh1BMeIG3wPha9z9fqWyoEuR1u 142klCB2qfIGdHJ8rYOmqQ== 0001209191-05-010327.txt : 20050216 0001209191-05-010327.hdr.sgml : 20050216 20050216183140 ACCESSION NUMBER: 0001209191-05-010327 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050215 FILED AS OF DATE: 20050216 DATE AS OF CHANGE: 20050216 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AIRGATE PCS INC /DE/ CENTRAL INDEX KEY: 0001086844 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 582422929 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 233 PEACHTREE ST NE STREET 2: SUITE 1700 CITY: ATLANTA STATE: GA ZIP: 30303 BUSINESS PHONE: 4045257272 MAIL ADDRESS: STREET 1: 233 PEACHTREE ST STREET 2: SUITE 1700 CITY: ATLANTA STATE: GA ZIP: 30303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MARTINEZ LOU CENTRAL INDEX KEY: 0001225217 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-27455 FILM NUMBER: 05622058 BUSINESS ADDRESS: BUSINESS PHONE: 404-525-7272 MAIL ADDRESS: STREET 1: AIRGATE PCS INC STREET 2: 233 PEACHTREE STREET, SUITE 1700 CITY: ATLANTA STATE: GA ZIP: 30303 4 1 c92299-01lem.xml MAIN DOCUMENT DESCRIPTION X0202 4 2005-02-15 1 0001086844 AIRGATE PCS INC /DE/ PCSA 0001225217 MARTINEZ LOU AIRGATE PCS, INC. 233 PEACHTREE STREET, NE, SUITE 1700 ATLANTA GA 30303 0 1 0 0 Controller Non-qualified Employee Stock Options (right to buy) 10.75 2005-02-15 4 D 0 600 D 2013-10-09 Common Stock 600 0 D Non-qualified Employee Stock Options (right to buy) 15.93 2005-02-15 4 D 0 4500 D 2014-04-08 Common Stock 4500 0 D Restricted Stock Units 2005-02-15 4 D 0 1500 D Common Stock 1500 0 D These Non-Qualified Stock Options were granted on October 9, 2003 pursuant to the AirGate PCS, Inc. Amended and Restated 2002 Long Term Incentive Plan (the "2002 LTIP"). These options provided for vesting in the amount of 25% of the total grant on each anniversary of the grant date. On February 7, 2005, the Company's board of directors approved the full acceleration of vesting of these options, effective immediately prior to the closing of the merger on February 15, 2005 between the issuer and A-Co. Merger Sub, Inc., a wholly-owned subsidiary of Alamosa Holdings, Inc. The options were cancelled pursuant to the merger agreement among issuer, Alamosa Holdings, Inc. and A-Co. Merger Sub, Inc. in exchange for a cash payment of $15,522.00, representing the number of shares subject to the option times the difference between the exercise price of the option and the average closing price of Alamosa common stock for the ten trading days prior to the merger multiplied by 2.87 ($36.62 per share). These Non-Qualified Stock Options were granted on April 8, 2004 pursuant to the 2002 LTIP. These options provided for vesting in the amount of 25% of the total grant on each anniversary of the grant date, beginning April 8, 2005. On February 7, 2005, the Company's board of directors approved the full acceleration of vesting of these options, effective immediately prior to the closing of the merger on February 15, 2005. The options were cancelled in the merger in exchange for a cash payment of $93,105.00, representing the number of shares subject to the option times the difference between the exercise price of the option and the average closing price of Alamosa common stock for the ten trading days prior to the merger multiplied by 2.87 ($36.62 per share). Convertible into the issuer's common stock on a 1-for-1 basis. These Restricted Stock Units ("RSUs") were scheduled to vest on April 8, 2005, subject to the achievement of certain performance objectives as detailed in the 2002 LTIP. On February 7, 2005, the Company's board of directors approved the full acceleration of vesting of the RSUs, effective immediately prior to the closing of the merger on February 15, 2005. The RSUs were cancelled in the merger in exchange for a cash payment of $54,930.00, representing the number of RSUs times the average closing price of Alamosa common stock for the ten trading days prior to the merger multiplied by 2.87 ($36.62 per share). None. /s/ Louis E. Martinez 2005-02-15 -----END PRIVACY-ENHANCED MESSAGE-----