rrd71934_80962.html

-----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, SFufrjj9DOvYT7W9V6w5TATgQb0bYRIXIY2m4n2LLZ7CLkCKxD8NB7WR5zG8/YSo Mnxn9IhOE5K9RI/J+L7dIw== 0001181431-05-039813.txt : 20050712 0001181431-05-039813.hdr.sgml : 20050712 20050712160457 ACCESSION NUMBER: 0001181431-05-039813 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050524 FILED AS OF DATE: 20050712 DATE AS OF CHANGE: 20050712 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WHITEBOX ADVISORS LLC CENTRAL INDEX KEY: 0001257391 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14681 FILM NUMBER: 05950499 BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BLVD. CITY: MINNEAPOLIS STATE: MN ZIP: 55416 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PENN TREATY AMERICAN CORP CENTRAL INDEX KEY: 0000814181 STANDARD INDUSTRIAL CLASSIFICATION: ACCIDENT & HEALTH INSURANCE [6321] IRS NUMBER: 231664166 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3440 LEHIGH ST CITY: ALLENTOWN STATE: PA ZIP: 18103 BUSINESS PHONE: 6109652222 MAIL ADDRESS: STREET 1: 3440 LEHIGH ST CITY: ALLENTOWN STATE: PA ZIP: 18103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Whitebox Convertible Arbitrage Partners, L.P. CENTRAL INDEX KEY: 0001311162 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14681 FILM NUMBER: 05950497 BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 BUSINESS PHONE: 612-253-6001 MAIL ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Whitebox Convertible Arbitrage Fund, Ltd. CENTRAL INDEX KEY: 0001311163 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14681 FILM NUMBER: 05950495 BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 612-253-6001 MAIL ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Whitebox Hedged High Yield Advisors, LLC CENTRAL INDEX KEY: 0001311159 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14681 FILM NUMBER: 05950494 BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 BUSINESS PHONE: 612-253-6001 MAIL ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Whitebox Convertible Arbitrage Advisors, LLC CENTRAL INDEX KEY: 0001311160 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14681 FILM NUMBER: 05950498 BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 BUSINESS PHONE: 612-253-6001 MAIL ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Whitebox Convertible Arbitrage Fund, L.P. CENTRAL INDEX KEY: 0001311161 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14681 FILM NUMBER: 05950496 BUSINESS ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 BUSINESS PHONE: 612-253-6001 MAIL ADDRESS: STREET 1: 3033 EXCELSIOR BOULEVARD STREET 2: SUITE 300 CITY: MINNEAPOLIS STATE: MN ZIP: 55416 4 1 rrd83926.xml FORM 4 X0202 4 2005-05-24 0 0000814181 PENN TREATY AMERICAN CORP PTA 0001257391 WHITEBOX ADVISORS LLC 3033 EXCELSIOR BOULEVARD, SUITE 300 MINNEAPOLIS MN 55416 0 0 1 0 0001311160 Whitebox Convertible Arbitrage Advisors, LLC 3033 EXCELSIOR BOULEVARD, SUITE 300 MINNEAPOLIS MN 55416 0 0 1 0 0001311162 Whitebox Convertible Arbitrage Partners, L.P. 3033 EXCELSIOR BOULEVARD, SUITE 300 MINNEAPOLIS MN 55416 0 0 1 0 0001311161 Whitebox Convertible Arbitrage Fund, L.P. 3033 EXCELSIOR BOULEVARD, SUITE 300 MINNEAPOLIS MN 55416 0 0 1 0 0001311163 Whitebox Convertible Arbitrage Fund, Ltd. 3033 EXCELSIOR BOULEVARD, SUITE 300 MINNEAPOLIS MN 55416 0 0 1 0 0001311159 Whitebox Hedged High Yield Advisors, LLC 3033 EXCELSIOR BOULEVARD, SUITE 300 MINNEAPOLIS MN 55416 0 0 1 0 Common Stock 2005-05-24 4 S 0 20000 2.11 D 2017 I Refer to Footnote Common Stock 2005-05-24 4 S 0 20000 2.11 D 2017 I Refer to Footnote Common Stock 2005-05-25 4 S 0 9000 2.11 D 2017 I Refer to Footnote Common Stock 2005-05-25 4 S 0 9000 2.11 D 2017 I Refer to Footnote Common Stock 2005-05-25 4 S 0 4700 2.11 D 2017 I Refer to Footnote Common Stock 2005-05-26 4 S 0 10000 2.21 D 2017 I Refer to Footnote Common Stock 2005-05-26 4 S 0 10000 2.21 D 2017 I Refer to Footnote Common Stock 2005-05-31 4 S 0 20000 2.23 D 2017 I Refer to Footnote Common Stock 2005-05-31 4 S 0 20000 2.23 D 2017 I Refer to Footnote Common Stock 2005-05-31 4 S 0 3000 2.23 D 2017 I Refer to Footnote Common Stock 2005-06-01 4 S 0 600 2.22 D 2017 I Refer to Footnote Common Stock 2005-06-01 4 S 0 600 2.22 D 2017 I Refer to Footnote Common Stock 2005-06-01 4 S 0 1200 2.22 D 2017 I Refer to Footnote Common Stock 2005-06-02 4 S 0 7100 2.23 D 2017 I Refer to Footnote Common Stock 2005-06-02 4 S 0 7100 2.23 D 2017 I Refer to Footnote Convertible Subordinated Notes (Right to Purchase) 1.75 2005-06-07 4 S 0 300000 408000 D 2008-10-01 Common Stock 171428 9329715 I Refer to Footnote Convertible Subordinated Notes (Right to Purchase) 1.75 2005-06-07 4 S 0 150000 204000 D 2008-10-01 Common Stock 85714 9244001 I Refer to Footnote Convertible Subordinated Notes (Right to Purchase) 1.75 2005-06-07 4 S 0 50000 68000 D 2008-10-01 Common Stock 28571 9215430 I Refer to Footnote Convertible Subordinated Notes (Right to Purchase) 1.75 2005-06-07 4 S 0 200000 272000 D 2008-10-01 Common Stock 114285 9101145 I Refer to Footnote Convertible Subordinated Notes (Right to Purchase) 1.75 2005-06-07 4 S 0 50000 68000 D 2008-10-01 Common Stock 28571 9072574 I Refer to Footnote Convertible Subordinated Notes (Right to Purchase) 1.75 2005-06-07 4 S 0 100000 136000 D 2008-10-01 Common Stock 57142 9015432 I Refer to Footnote Reporting Person is Whitebox Convertible Arbitrage Partners, L.P. ("WCAP"). Reporting Person is Whitebox Hedged High Yield Partners, L.P. ("WHHYP"). Reporting Person is Whitebox Diversified Convertible Arbitrage Partners, L.P. ("WDCAP"). Reporting Person is Pandora Select Partners, L.P. ("PSP"). Reporting Person is Whitebox Advisors, LLC. Reporting Person is Whitebox Intermarket Partners, L.P. ("WIP"). Each of WCAP, WHHYP, WDCAP, PSP, WIP and Whitebox Advisors, LLC beneficially own Convertible Subordinated Notes of which the Common Stock of Penn Treaty American Corporation is the underlying security. The general partner of WCAP, is Whitebox Convertible Arbitrage Advisors, LLC ("WCAA"), which manages accounts for the benefit of its clients WCAP, Whitebox Convertible Arbitrage Fund, L.P. ("WCAFLP") and Whitebox Convertible Arbitrage Fund, Ltd. ("WCAFLTD"); the general partner of WHHYP is Whitebox Hedged High Yield Advisors, LLC ("WHHYA"), which manages accounts for the benefit of its clients WHHYP, Whitebox Hedged High Yield Fund, L.P. ("WHYYFLP") and Whitebox Hedged High Yield Fund, Ltd. ("WHHYFLTD"); the general partner of WIP is Whitebox Intermarket Advisors, LLC ("WIA"), which manages accounts for the benefit of its clients WIP, Whitebox Intermarket Fund, L.P. ("WIFLP") and Whitebox Intermarket Fund, Ltd. ("WIFLTD"). The managing member and controlling owner of each of WCAA, WHHYA and WIA is Whitebox Advisors, LLC. (Cont. in footnote 9) The general partner of PSP is Pandora Select Advisors, LLC ("PSA"), which manages accounts for the benefit of its clients PSP, Pandora Select Fund, L.P. ("PSFLP") and Pandora Select Fund, Ltd. ("PSFLTD"). The general partner of WDCAP is Whitebox Diversified Convertible Arbitrage Advisors, LLC ("WDCAA"), which manages accounts for the benefit of its clients WDCAP Whitebox Diversified Convertible Arbitrage Fund, L.P. ("WDCAFLP") and Whitebox Diversified Convertible Arbitrage Fund, Ltd. ("WDCAFLTD"). The managing member and controlling owner of each of PSA and WDCAA is AJR Financial, LLC. Whitebox Advisors, LLC and AJR Financial, LLC each have the same sole owner and managing member. (Cont. in footnote 10) Based on the relationships described herein, these entities may be deemed to constitute a "group" within the meaning of Rule 13d-5(b)(1) under the Securities Exchange Act of 1934. The filing of this statement shall not be construed as an admission that Whitebox Advisors, LLC, AJR Financial, LLC, WCCA, WHHYA, WIA, PSA, WDCAA, WCAP, WHHYP, WIP, PSP, WDCAP, WCAFLP, WHHYFLP, WIFLP, PSFLP, WDCAFLP, WCAFLTD, WHHYFLTD, WIFLTD, PSFLTD and WDCAFLTD are a group, or have agreed to act as a group. Whitebox Advisors, LLC, AJR Financial, LLC, WCCA, WHHYA, WIA, PSA, WDCAA, WCAP, WHHYP, WIP, PSP, WDCAP, WCAFLP, WHHYFLP, WIFLP, PSFLP, WDCAFLP, WCAFLTD, WHHYFLTD, WIFLTD, PSFLTD and WDCAFLTD each disclaim beneficial ownership of such shares of common stock except to the extent of their pecuniary interest in such shares. Immediately Exercisable. Reported on an as converted basis. For additional transactions also refer to the three Form 4s filed concurrently herewith by the Reporting Persons. /s/ Jonathan D. Wood, Chief Financial Officer for Whitebox Advisors, LLC 2005-07-11 /s/ Whitebox Convertible Arbitrage Advisors, LLC 2005-07-11 /s/ Whitebox Convertible Arbitrage Partners, L.P. 2005-07-11 /s/ Whitebox Convertible Arbitrage Fund, L.P. 2005-07-11 /s/ Whitebox Convertible Arbitrage Fund, Ltd. 2005-07-11 /s/ Whitebox Hedged High Yield Advisors, LLC 2005-07-11 EX-99. 2 rrd71934_80962.htm JOINT FILER INFORMATION rrd71934_80962.html

Exhibit 99

1. Name and Address of Reporting Person*

Whitebox Convertible Arbitrage Advisors, LLC

(Last) (First) (Middle)

                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Whitebox Convertible Arbitrage Partners, LP

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(Last) (First) (Middle)

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                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Whitebox Convertible Arbitrage Fund, L.P.

----------------------------------------------------------------
----------------------------------------------------------------
(Last) (First) (Middle)

----------------------------------------------------------------
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                           (Street)
3033 Excelsior Boulevard, Suite 300
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------------------------------- - ---------------------------------
    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Whitebox Convertible Arbitrage Fund, Ltd.

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----------------------------------------------------------------
(Last) (First) &nb sp; (Middle)

------------------------------------------------- - ---------------
----------------------------------------------------------------

1. Name and Address of Reporting Person*

Whitebox Hedged High Yield Advisors, LLC

----------------------------------------------------------------
----------------------------------------------------------------
(Last) (First) (Middle)

----------------------------------------------------------------
----------------------------------------------------------------
                           (Street)
3033 Excelsior Boulevard, Suite 300
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----------------------------------------------------------------
&nbs p;   (City)                (State)               (Zip)
Minneapolis                MN                   55416

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----------------------------------------------------------------
1. Name and Address of Reporting Person*

Whitebox Hedged High Yield Partners, LP

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----------------------------------------------------------------
(Last) (First) (Middle)

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------------------------ - ----------------------------------------
1. Name and Address of Reporting Person*

Whitebox Hedged High Yield Fund, L.P.

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----------------------------------------------------------------
(Last) (First) (Middle)

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----------------------------------------------------------------
                           (Street)
3033 Excelsior Boulevard, Suite 300
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----------------------------------------------------------------
    (City)                 (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Whitebox Hedged High Yield Fund, Ltd.

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----------------------------------------------------------------
(Last) (First) (Middle)

---------------------------------------------- - ------------------
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                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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----------------------------------------------------------------

---- - ------------------------------------------------------------
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1. Name and Address of Reporting Person*

Whitebox Intermarket Advisors, LLC

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(Last) (First) (Middle)

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                           (Street)
3033 Excelsior Boulevard, Suite 300
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-------------------------------- - --------------------------------
    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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----------------------------------------------------------------
1. Name and Address of Reporting Person*

Whitebox Intermarket Partners, LP

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----------------------------------------------------------------
(Last) (First) (Middle)

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----------------------------------------------------------------
1. Name and Address of Reporting Person*

Whitebox Intermarket Fund, LP

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----------------------------------------------------------------
(Last) (First) (Middle)

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----------------------------------------------------------------
                           (Street)
3033 Excelsior Boulevard, Suite 300
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----------------------------------------------------------------
    (Cit y)                (State)               (Zip)
Minneapolis                MN                   55416

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----------------------------------------------------------------
1. Name and Address of Reporting Person*

Whitebox Intermarket Fund, Ltd.

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----------------------------------------------------------------
(Last) (First) (Middle)

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                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

AJR Financial, LLC
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(Last) (First) (Middle)

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                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)           &nb sp;    (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Whitebox Diversified Convertible Advisors, LLC

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(Last) (First) (Middle)

----------------------------------------------------------------
-------------- - --------------------------------------------------
                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Perso n*

Whitebox Diversified Convertible Arbitrage Partners, LP

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----------------------------------------------------------------
(Last) (First) (Middle)

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----------------------------------------------------------------
                           (Street)
3033 Excelsior Boulevard, Suite 300
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----------------------------------------------------------------
    (City)                ; (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Whitebox Diversified Convertible Arbitrage Fund, L.P.

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----------------------------------------------------------------
(Last) (First) (Middle)

----------------------------------------------------------------
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                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)                (State)               (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Whitebox Diversified Convertible Arbitrage Fund, Ltd.

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(Last) (First) (Middle)

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                           (Street)
3033 Excelsior Boulevard, Suite 300
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    (City)                (State) ;              (Zip)
Minneapolis                MN                   55416

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1. Name and Address of Reporting Person*

Pandora Select Advisors, LLC

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(Last) (First) (Middle)

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