-----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, CgtPUZTYcqlTEROvzrL+OdZu+pzocayEcjMeE2NCPoJEroh6FPVe1ycey0qnS2UK SbScSHc/lstdg8Dmr3avJA== 0000950172-97-000946.txt : 19971017 0000950172-97-000946.hdr.sgml : 19971017 ACCESSION NUMBER: 0000950172-97-000946 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970619 FILED AS OF DATE: 19971016 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WORLDCOM INC /GA/ CENTRAL INDEX KEY: 0000723527 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 581521612 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-11258 FILM NUMBER: 97696630 BUSINESS ADDRESS: STREET 1: 515 EAST AMITE ST CITY: JACKSON STATE: MS ZIP: 39201-2702 BUSINESS PHONE: 6013608600 FORMER COMPANY: FORMER CONFORMED NAME: LDDS COMMUNICATIONS INC /GA/ DATE OF NAME CHANGE: 19930916 FORMER COMPANY: FORMER CONFORMED NAME: RESURGENS COMMUNICATIONS GROUP INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CENTRAL CORP /GA/ DATE OF NAME CHANGE: 19890523 COMPANY DATA: COMPANY CONFORMED NAME: MCCOURT DAVID C CENTRAL INDEX KEY: 0001047882 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 105 CARNEGIE CENTER CITY: PRINCETON STATE: NJ ZIP: 08540 BUSINESS PHONE: 6097343800 MAIL ADDRESS: STREET 1: 105 CARNEGIE CENTER CITY: PRINCETON STATE: NJ ZIP: 08540 4 1 FORM 4 ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). U.S. SECURITIES AND EXCHANGE COMMISSION _____________________ WASHINGTON, D.C. 20549 | OMB APPROVAL | STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP |_____________________| |OMB NUMBER: 3235-0287| |EXPIRES: | | SEPTEMBER 30, 1998 | Filed pursuant to Section 16(a) of the |ESTIMATED AVERAGE | Securities Exchange Act of 1934, |BURDEN HOURS | Section 17(a) of the Public Utility |PER RESPONSE 0.5 | Holding Company Act of 1935 |_____________________| or Section 30(f) of the Investment Company Act of 1940 ____________________________________________________________________________ 1. Name and Address of Reporting Person David C. McCourt Commonwealth Telephone Enterprises, Inc. 105 Carnegie Center Princeton, New Jersey 08540 ____________________________________________________________________________ 2. Issuer Name and Ticker or Trading Symbol WorldCom, Inc. WCOM ____________________________________________________________________________ 3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY) ____________________________________________________________________________ 4. Statement for Month/Year October/1997 ____________________________________________________________________________ 5. If Amendment, Date of Original (Month/Year) June/1997 ____________________________________________________________________________ 6. Relationship of reporting person to Issuer (Check all applicable) (X ) DIRECTOR ( ) 10% OWNER ( ) OFFICER (GIVE TITLE BELOW) ( ) OTHER (SPECIFY TITLE BELOW) _____________________________________________________ ____________________________________________________________________________ 7. Individual, or Joint/Group Filing (Check all applicable) (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 ____________________________________________________________________________ 1. Title of Security (Instr. 3) Common Stock ____________________________________________________________________________ 2. Transaction Date (Month/Day/Year) 6/19/97 ____________________________________________________________________________ 3. Transaction Code (Instr. 8) P ____________________________________________________________________________ 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 812,308 A ** ____________________________________________________________________________ 5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4) 819,328.3 ____________________________________________________________________________ 6. Ownership Form: Direct(D) or Indirect(I) (Instr. 4) D ____________________________________________________________________________ 7. Nature of Indirect Beneficial Ownership (Instr. 4) ____________________________________________________________________________ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. ============================================================================ TABLE II Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., Puts, Calls, Warrants, Options, Convertible Securities) ____________________________________________________________________________ 1. Title of Derivative Security (Instr. 3) (i) Call Options (obligations to sell)*** (ii) Put Options (rights to sell)*** ____________________________________________________________________________ 2. Conversion or Exercise Price of Derivative Security (i) $64.063 (ii) $28.125 ____________________________________________________________________________ 3. Transaction Date (Month/Day/Year) (i) 6/19/97 (ii) 6/19/97 ____________________________________________________________________________ 4. Transaction Code (Instr. 8) (i) S (ii) P ____________________________________________________________________________ 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) (i) (D) 812,308 (ii) (A) 812,308 ____________________________________________________________________________ 6. Date Exercisable and Expiration Date (Month/Day/Year) (i) 6/19/02 6/19/02 (ii) 6/19/02 6/19/02 ____________________________________________________________________________ 7. Title and Amount of Underlying Securities (Instr. 3 and 4) (i) Common Stock 812,308 (ii) Common Stock 812,308 ____________________________________________________________________________ 8. Price of Derivative Securities (Instr. 5) (i) $4.18 (ii) $4.18 ____________________________________________________________________________ 9. Number of Derivative Securities Beneficially Owned at End of Month (Instr. 4) (i) -0- (ii) 812,308 ____________________________________________________________________________ 10. Ownership Form of Derivative Security: Direct(D) or Indirect(I) (Instr. 4) (i) Not applicable (ii) D ____________________________________________________________________________ 11. Nature of Indirect Beneficial Ownership (Instr. 4) ____________________________________________________________________________ EXPLANATION OF RESPONSES: ** The acquisition of 812,308 shares of WorldCom Common Stock reported in Table I was pursuant to a Share Exchange Agreement, dated as of June 19, 1997, by and among David C. McCourt, certain other persons named therein and WorldCom; such shares of WorldCom Common Stock were acquired from WorldCom in exchange for 288 shares of McCourt Fiber Network, Inc. owned by David C. McCourt. ***On June 19, 1997, David C. McCourt simultaneously sold 812,308 call options and purchased 812,308 put options, each entitling the holder to purchase or sell, as applicable, one share of WorldCom Common Stock, exercisable on June 19, 2002. /s/ David C. McCourt 10/14/97 ---------------------------------- ------------ **** SIGNATURE OF REPORTING PERSON DATE **** INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A). -----END PRIVACY-ENHANCED MESSAGE-----