-----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, F6kjs/VukcRBzTfXq32QrXz0BVhcnyFHM30ptEj08UMbiKLUtG2ZYCyO7aIz4N0y e6bA2LSbzSdnvKb3zbJluA== 0000950150-98-001037.txt : 19980619 0000950150-98-001037.hdr.sgml : 19980619 ACCESSION NUMBER: 0000950150-98-001037 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980618 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GEOTEK COMMUNICATIONS INC CENTRAL INDEX KEY: 0000844843 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 222358635 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-11620 FILM NUMBER: 98650467 BUSINESS ADDRESS: STREET 1: 102 CHESTNUT RIDGE RD CITY: MONTVALE STATE: NJ ZIP: 07645 BUSINESS PHONE: 2019309305 MAIL ADDRESS: STREET 1: 102 CHESTNUT RIDGE ROAD CITY: MONTVALE STATE: NJ ZIP: 07465 FORMER COMPANY: FORMER CONFORMED NAME: GEOTEK INDUSTRIES INC DATE OF NAME CHANGE: 19920703 COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MOTORS CORP CENTRAL INDEX KEY: 0000040730 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] OTHER IRS NUMBER: 380572515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: 100 RENAISSANCE CTR STREET 2: 3044 W GRAND BLVD CITY: DETROIT STATE: MI ZIP: 48243-7301 BUSINESS PHONE: 3135565000 5 1 FORM 5 1 - ------ OMB APPROVAL FORM 5 OMB Number: 3235-0362 - ------ Expires: September 30, 1998 Estimated average burden hours per response.............. 1.0 / / Check box if no U.S. SECURITIES AND EXCHANGE COMMISSION longer subject to WASHINGTON, DC 20549 Section 16. Form 4 or Form 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP obligations may continue. See Filed pursuant to Section 16(a) of the Securities Instruction 1(b) Exchange Act of 1934, / / Form 3 Holdings Section 17(a) of the Public Utility Reported Holding Company Act of 1935 or Section 30(f) of / / Form 4 the Investment Company Act Transactions of 1940 Reported - ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to General Motors Corporation GEOTEK COMMUNICATIONS, INC. (GOTK) Issuer (Check all applicable) - ------------------------------------------- ---------------------------------------------- Director 10% Owner (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- --- 100 Renaissance Center Number of Reporting Month/Year Officer (give X Other (specify - ------------------------------------------- Person (Voluntary) 12/97 ---- title --- below) (Street) ------------------- below) Detroit, Michigan 48243 5. If Amendment, - ------------------------------------------- Date of Original ------------------------------- (City) (State) (Zip) (Month/Year) 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 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature (Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In- Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct (Instr. 8) End of Issuer's Direct Benefi- (Month/ Fiscal Year (D) or cial Day/ ---------------------------- (Instr. 3 and 4) Indirect Owner- Year) Amount (A) or Price (I) ship (D) (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ *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. (Over) (Print or Type Responses) (8/96)
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FORM 5 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv- Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative Deriv- Day/ Disposed of (D) (Month/Day/ Secur- ative Year) (Instr. 3, 4, Year) ity Security and 5) (Instr. 5) ----------------------------------- Date Expira- Amount or --------------- Exer- tion Title Number of (A) (D) cisable Date Shares - ------------------------------------------------------------------------------------------------------------------------------------ Right to Convert(1) (2) 3 1 (1) (1) Common (2) (3) Stock - ------------------------------------------------------------------------------------------------------------------------------------ Warrant (4) 8.625 3 1 9/27/ 9/26/ Common 1,000,000 (5) 1997 2003 Stock - ------------------------------------------------------------------------------------------------------------------------------------ Warrant (4) 10.7813 3 1 9/27/ 9/26/ Common 1,000,000 (5) 1997 2003 Stock - ------------------------------------------------------------------------------------------------------------------------------------ Warrant (4) 12.9375 3 1 9/27/ 9/26/ Common 500,000 (5) 1997 2003 Stock - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------- 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative of Derivative Indirect (Instr. 3) Securities Security: Beneficial Beneficially Direct (D) Ownership Owned at End or Indirect (I) (Instr. 4) of Year (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------- Right to Convert(1) 1 1 (6) - ------------------------------------------------------------------------------------------------------- Warrant (4) 1 1 (6) - ------------------------------------------------------------------------------------------------------- Warrant (4) 1 1 (6) - ------------------------------------------------------------------------------------------------------- Warrant (4) 1 1 (6) - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Explanation of Responses: (1) Pursuant to a Loan Agreement dated December 21, 1995, between Hughes Network Systems, Inc. (the predecessor of the Reporting Person) ("HNS"), the issuer and a subsidiary of the issuer, the Reporting Person may convert the principal amount, currently $24,500,000, of the outstanding loans into shares of the issuer's Common Stock. The conversion right became exercisable immediately and expires on October 2, 1998. (2) Depending on the dollar amount of any exercise of the Right, or series of exercises, and other conditions in the Loan Agreement, the Conversion Price set forth in the Loan Agreement will be 90% of the weighted average sales price of Issuer's Common Stock as reported by Bloomberg Financial Services for either the one or the ten day period prior to any exercise; thus the actual number of shares of Common Stock which may be acquired through conversion is variable. (3) The conversion right was issued as part of the Loan Agreement, and no separate consideration was paid for its issuance. (4) The warrants were issued under the terms of a Vendor Credit Facility dated September 27, 1996 between HNS and a subsidiary of the issuer. (5) The warrants were issued as part of the Vendor Credit Facility, and no separate consideration was paid for their issuance. (6) Hughes Electronics Corporation is a direct wholly owned subsidiary of General Motors Corporation. GENERAL MOTORS CORPORATION **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Martin I. Darvick 6/18/98 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- ------- **Signature of Reporting Person Date Note. File three copies of this form, one of which must be manually signed. Page 2 If space provided is insufficient, see Instruction 6 for procedure. (8/96) Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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