4/A 1 mbform4a_0200.txt FORM 4 AMENDMENT 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* Blutt Mitchell J. -------------------------------------------------------------------------------- (Last) (First) (Middle) Chase Equity Associates, LP (FN 1) c/o Chase Capital Partners 380 Madison Avenue-12th Floor -------------------------------------------------------------------------------- (Street) New York New York 10017 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol Hanger Orthopedic Group, Inc. ("HGR") ________________________________________________________________________________ 3. IRS Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Statement for Month/Year February 2000 ________________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) April 7, 2000 ================================================================================ 6. Relationship of Reporting Person to Issuer (Check all applicable) [X] Director [_] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [X] Form filed by one Reporting Person [_] 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 N/A N/A N/A N/A N/A 796,039 I (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) ------------------------------------------------------------------------------------------------------------------------------------ Warrants (right Common to purchase) $4.16 N/A N/A N/A N/A 8/6/91 12/31/01Stock 225,914 -0- 225,914 I (FN 2) ------------------------------------------------------------------------------------------------------------------------------------ Warrants (right Common to purchase) $7.65 N/A N/A N/A N/A 11/5/91 12/31/01Stock 244,735 -0- 244,735 I (FN 2) ----------------------------------------------------------------------------------------------------------------------------------- Warrants (right Common to purchase) $6.38 N/A N/A N/A N/A 11/1/96 11/1/04 Stock 150,818 -0- 150,818 I (FN 2) ------------------------------------------------------------------------------------------------------------------------------------ Warrants (right Common to purchase) $4.01 N/A N/A N/A N/A 11/1/96 11/1/04 Stock 209,182 -0- 209,182 I (FN 2) ----------------------------------------------------------------------------------------------------------------------------------- 7% Redeemable Non-Voting Preferred Common Stock $16.50 7/1/99 P 3,030,303 Immed. Stock 3,030,303 $50,000 3,030,303 I (FN 2) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) Prior to July 1, 1999, Chase Venture Capital Associates, LP ("CVCA, LP"), an affiliate of Chase Equity Associates, LP("CEA, LP"), owned the equity securities of the Issuer reflected in Tables I and II. CVCA, LP caused the securities to be transferred to CEA, LP effective as of such date. Pursuant to an internal reorganization effective as of January 1, 2000, (i) Chase Equity Associates, LLC ("CEA, LLC") became the successor to CEA, LP, and (ii) CCP-CMC Consolidating, LLC ("Consolidating"), a newly-organized affiliate of CEA, LLC and Chase Capital Partners ("CCP"), became the sole member of CEA, LLC. CCP was the managing member of Consolidating, and pursuant to a master advisory agreement with Consolidating, the manager, by delegation, of CEA, LLC. Prior to the internal reorganization, CCP was the general partner, and the sole shareholder of Consolidating was the limited partner, of CEA, LP. The internal reorganization changed CEA, LP's name and form of organization but did not alter the proportionate interests of its ultimate security holders. Effective as of March 13, 2000, CEA, LLC reverted to a limited partnership form of organization. Consolidating was dissolved, the sole stockholder of Consolidating became the limited partner of CEA, LP, and CCP became its general partner. (2) The amounts shown in Tables I and II represent the beneficial ownership of the Issuer's equity securities by CEA, LP, a portion of which may be deemed attributable to the reporting person because the reporting person is a partner of CCP, which is general partner of CEA, LP. The actual pro rata portion of such beneficial ownership that may be deemed attributable to the reporting person is not readily determinable because it is subject to several variables, including the internal rate of return and vesting within CCP and CEA, LP. /s/ Mitchell J. Blutt 5/10/01 --------------------------------------------- ----------------------- Mitchell J. Blutt Date ** 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.