-----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, ONF1bPZ+N7QcGaQlyzWBGB81ldvT7ZK5TidwQguhP4cigyQe1fGyQwucLpQfMrKM +x68qbR1pFt/F4JR/tYkww== 0001209191-09-031360.txt : 20090609 0001209191-09-031360.hdr.sgml : 20090609 20090609154511 ACCESSION NUMBER: 0001209191-09-031360 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090604 FILED AS OF DATE: 20090609 DATE AS OF CHANGE: 20090609 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LC CAPITAL PARTNERS LP CENTRAL INDEX KEY: 0001175214 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12114 FILM NUMBER: 09882072 BUSINESS ADDRESS: STREET 1: 730 FIFTH AVENUE STREET 2: SUITE 1002 CITY: NEW YORK STATE: NY ZIP: 10019-4105 BUSINESS PHONE: 2125818989 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CONWAY RICHARD F CENTRAL INDEX KEY: 0001299904 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12114 FILM NUMBER: 09882068 MAIL ADDRESS: STREET 1: C/O LAMPE, CONWAY & CO. LLC STREET 2: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CADIZ INC CENTRAL INDEX KEY: 0000727273 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 770313235 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 550 SOUTH HOPE STREET STREET 2: SUITE 2850 CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-271-1600 MAIL ADDRESS: STREET 1: 550 SOUTH HOPE STREET STREET 2: SUITE 2850 CITY: LOS ANGELES STATE: CA ZIP: 90071 FORMER COMPANY: FORMER CONFORMED NAME: CADIZ LAND CO INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC AGRICULTURAL HOLDINGS INC DATE OF NAME CHANGE: 19920602 FORMER COMPANY: FORMER CONFORMED NAME: ARIDTECH INC DATE OF NAME CHANGE: 19880523 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LAMPE, CONWAY & CO. LLC CENTRAL INDEX KEY: 0001299982 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12114 FILM NUMBER: 09882070 BUSINESS ADDRESS: STREET 1: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2125818989 MAIL ADDRESS: STREET 1: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LC CAPITAL MASTER FUND LTD CENTRAL INDEX KEY: 0001222051 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12114 FILM NUMBER: 09882073 BUSINESS ADDRESS: STREET 1: C/O LAMPE CONWAY & CO LLC STREET 2: 730 FIFTH AVENUE STE 1002 CITY: NEW YORK STATE: NY ZIP: 10019-4105 BUSINESS PHONE: 2125818989 MAIL ADDRESS: STREET 1: C/O TRIDENT FUND SERVICES (BVI) LIMITED STREET 2: PO BOX 146, WATERFRONT DR, WICKHAMS CAY CITY: ROAD TOWN, TORTOLA STATE: D8 ZIP: 00000 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LAMPE STEVEN CENTRAL INDEX KEY: 0001260818 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12114 FILM NUMBER: 09882069 MAIL ADDRESS: STREET 1: C/O LAMPE, CONWAY & CO. LLC STREET 2: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LC Capital Advisors LLC CENTRAL INDEX KEY: 0001375479 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12114 FILM NUMBER: 09882071 BUSINESS ADDRESS: STREET 1: C/O LAMPE, CONWAY & CO., LLC STREET 2: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212) 581-8989 MAIL ADDRESS: STREET 1: C/O LAMPE, CONWAY & CO., LLC STREET 2: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LC Capital International LLC CENTRAL INDEX KEY: 0001375480 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-12114 FILM NUMBER: 09882074 BUSINESS ADDRESS: STREET 1: C/O LAMPE, CONWAY & CO., LLC STREET 2: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212) 581-8989 MAIL ADDRESS: STREET 1: C/O LAMPE, CONWAY & CO., LLC STREET 2: 680 FIFTH AVENUE, SUITE 1202 CITY: NEW YORK STATE: NY ZIP: 10019 4 1 c86620_4x0.xml MAIN DOCUMENT DESCRIPTION X0303 4 2009-06-04 0000727273 CADIZ INC CDZI 0001222051 LC CAPITAL MASTER FUND LTD C/O LAMPE, CONWAY & CO., LLC 680 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10019-5429 1 0 1 1 Director by Deputization 0001175214 LC CAPITAL PARTNERS LP C/O LAMPE, CONWAY & CO., LLC 680 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10019-5429 1 0 1 1 Director by Deputization 0001375479 LC Capital Advisors LLC C/O LAMPE, CONWAY & CO., LLC 680 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10019-5429 1 0 1 1 Director by Deputization 0001299982 LAMPE, CONWAY & CO. LLC 680 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10019-5429 1 0 1 1 Director by Deputization 0001375480 LC Capital International LLC C/O LAMPE, CONWAY & CO., LLC 680 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10019-5429 1 0 1 1 Director by Deputization 0001260818 LAMPE STEVEN C/O LAMPE, CONWAY & CO., LLC 680 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10019-5429 1 0 1 1 Director by Deputization 0001299904 CONWAY RICHARD F C/O LAMPE, CONWAY & CO., LLC 680 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10019-5429 1 0 1 1 Director by Deputization Convertible Term Loan, Tranche A 18.15 2009-06-04 4 H 0 9854355.34 D 2011-06-30 Common Stock, par value $0.01 per share 9854355.34 0 D Convertible Term Loan, Tranche A-1 7 2009-06-04 4 P 0 4095000 A 2013-06-30 Common Stock, par value $0.01 per share 585000 585000 D Convertible Term Loan, Tranche A-2 35 2009-06-04 4 P 0 6333103.81 A 2013-06-30 Common Stock, par value $0.01 per share 6333103.81 D Convertible Term Loan, Tranche B 23.10 2009-06-04 4 H 0 25990862.22 D 2011-06-30 Common Stock, par value $0.01 per share 25990862.22 0 D Convertible Term Loan, Tranche B 35 2009-06-04 4 P 0 27515484.45 A 2013-06-30 Common Stock, par value $0.01 per share 27515484.45 D Common Stock Warrants (right to buy) 12.5 2009-02-15 2009-11-17 Common Stock, par value $0.01 per share 96000 96000 D Common Stock Warrants (right to buy) 12.5 2009-02-15 2009-11-17 Common Stock, par value $0.01 per share 96000 96000 I See Footnotes Common Stock Warrants (right to buy) 12.5 2009-02-15 2009-11-17 Common Stock, par value $0.01 per share 96000 96000 D Common Stock Warrants (right to buy) 12.5 2009-02-15 2009-11-17 Common Stock, par value $0.01 per share 96000 96000 I See Footnotes The Convertible Term Loan, which was comprised of Tranche A and Tranche B and is now comprised of Tranche A-1, Tranche A-2 and Tranche B, provided/provides Master Fund, as lender thereunder, the right, at the election of Master Fund, at any time from time to time, to convert the initial principal amount of Tranche A-1 and the accreted principal amount of Tranche A, Tranche A-2 and Tranche B of the Term Loan into Common Stock. These transactions involved the amendment of an outstanding Convertible Term Loan, which has been retranched such that it is now comprised of Tranche A-1, Tranche A-2 and Tranche B and no longer is comprised of Tranche A and Tranche B. As part of the retranching, the conversion price has been changed for the Tranches. The amendment is reported above as the cancellation of the "old" Convertible Term Loan and the acquisition of a new one. These securities are owned by Master Fund, which is a Reporting Person. These securities also may be deemed to be beneficially owned by LC Capital Partners, LP ("Partners"), LC Capital Advisors LLC ("Advisors"), LC&C, LC Capital International LLC ("International"), Steven G. Lampe ("Mr. Lampe") and Richard F. Conway ("Mr. Conway") by virtue of the following relationships: (i) Partners' beneficially owns one-third of the outstanding shares of the Master Fund; (ii) Advisors is the sole general partner of Partners; (iii) LC&C acts as investment manager to Partners and the Master Fund pursuant to certain investment management agreements, and as a result of such agreements, LC&C shares voting and dispositive power over the reported securities; (iv) International acts as investment advisor to the Master Fund pursuant to an investment advisory agreement and, as a result, International shares voting and dispositive power over the reported securities; and (v) Mr. Lampe and Mr. Conway act as the sole m anaging members of each of Advisors, LC&C and International. Each reporting person disclaims beneficial ownership of the securities reported on this Form 4 except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any such reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The convertible feature would allow the principal and all accreted and accreting interest of the Term Loan (the Tranche A-2 and Tranche B Loans) to be converted into shares of Common Stock at a conversion price of $35 per share. Mr. Stephen E. Courter serves as the representative of Lampe, Conway & Co., LLC ("LC&C") and its affiliates on the Cadiz Inc. Board of Directors as Director by Deputization. /s/ Richard F. Conway, Director, for LC Capital Master Fund Ltd. 2009-06-09 /s/ Richard F. Conway, Director, for LC Capital Partners LP 2009-06-09 /s/ Richard F. Conway, Director, for LC Capital Advisors LLC 2009-06-09 /s/ Richard F. Conway, Director, for Lampe, Conway & Co., LLC 2009-06-09 /s/ Richard F. Conway, Director, for LC Capital International LLC 2009-06-09 /s/ Steven G. Lampe 2009-06-09 /s/ Richard F. Conway 2009-06-09 -----END PRIVACY-ENHANCED MESSAGE-----