-----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, IlVKF/tjz3ibnlRv4YLMWX0iBM3WhlY2jAo8kqMJLU7wuW8OohQ4goYWTE75q8M5 hAHVwf2Ks9XnPpeVNzohsw== 0000950123-01-502289.txt : 20010514 0000950123-01-502289.hdr.sgml : 20010514 ACCESSION NUMBER: 0000950123-01-502289 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010511 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERMEDIA COMMUNICATIONS INC CENTRAL INDEX KEY: 0000885067 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 592913586 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-43202 FILM NUMBER: 1631185 BUSINESS ADDRESS: STREET 1: ONE INTERMEDIA WAY CITY: TAMPA STATE: FL ZIP: 33647 BUSINESS PHONE: 8138290011 MAIL ADDRESS: STREET 1: ONE INTERMEDIA WAY CITY: TAMPA STATE: FL ZIP: 33647 FORMER COMPANY: FORMER CONFORMED NAME: INTERMEDIA COMMUNICATIONS OF FLORIDA INC DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UBS AG CENTRAL INDEX KEY: 0001114446 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: BAHNHOFSTRASSE 45 CITY: ZURICH SWITZERLAND STATE: V8 ZIP: 00000 MAIL ADDRESS: STREET 1: BAHNHOFSTRASSE 45 STREET 2: ZURICH SWITZERLAND SC 13D 1 y49139sc13d.txt INTERMEDIA COMMUNICATIONS/UBS AG 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. __) INTERMEDIA COMMUNICATIONS INC. (Name of Issuer) - -------------------------------------------------------------------------------- Common Stock, $0.01 par value (Title of Class of Securities) - -------------------------------------------------------------------------------- 458801107 (CUSIP NUMBER) - -------------------------------------------------------------------------------- Robert C. Dinerstein, Esq. UBS AG 299 Park Avenue New York, New York 10171 (212) 821-3000 (Name, address and telephone number of person authorized to receive notices and communications) - -------------------------------------------------------------------------------- May 1, 2001 (Date of Event Which Requires Filing of this Statement) - -------------------------------------------------------------------------------- If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. /___/ Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - -------------------------------------------------------------------------------- 1 Names of Reporting Persons 2 I.R.S. Identification Nos. of above persons (entities only). UBS AG 98-0186363 - -------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) a / / b / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 Source of Funds WC - -------------------------------------------------------------------------------- 5 Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 Citizenship or Place of Organization Switzerland - -------------------------------------------------------------------------------- Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole Voting Power 4,247,015 8. Shared Voting Power 445,162 9. Sole Dispositive Power 4,247,015 10. Shared Dispositive Power 445,162 - -------------------------------------------------------------------------------- 11 Aggregate Amount Beneficially Owned by Each Reporting Person 4,692,177 shares - -------------------------------------------------------------------------------- 12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ] - -------------------------------------------------------------------------------- 3 13 Percent of Class Represented by Amount in Row (11) 8.12% - -------------------------------------------------------------------------------- 14 Type of Reporting Person BK, CO, HC - -------------------------------------------------------------------------------- Item 1. Security and Issuer. This Schedule is being filed with respect to beneficial ownership by UBS AG and certain of its affiliates of the Common Stock, $0.01 par value (the "Common Stock") of Intermedia Communications Inc. (the "Issuer"). The beneficial ownership is in the form of shares of Common Stock as well as shares of the Issuer's Series E Junior Convertible Preferred Stock (the "Series E Preferred Stock") and Series F Junior Convertible Preferred Stock (the "Series F Preferred Stock" and, collectively with the Series E Preferred Stock, the "Preferred Stock"); the shares of the Preferred Stock are convertible into shares of the Common Stock. The principal executive offices of the Issuer are: Intermedia Communications Inc. 3625 Queen Palm Drive Suite 720 Tampa, Florida 33619 - -------------------------------------------------------------------------------- Item 2. Identity and Background. UBS AG is a major international banking and financial firm. The addresses of UBS's principal executive offices are Bahnhofstrasse 45, 8021 Zurich, Switzerland, and Aeschenvorstadt 1, Basel, Switzerland. UBS is incorporated under the laws of Switzerland. The executive officers and directors of UBS, and their respective nationalities and business addresses are: Members of the Board of Directors - ----------------------------------------------------------------------------------------------- NAME NATIONALITY ADDRESS - ----------------------------------------------------------------------------------------------- Marcel Ospel, Chairman Swiss UBS AG Bahnhofstrasse, 45 8021 Zurich, Switzerland Alberto Togni, Vice Chairman Swiss UBS AG Bahnhofstrasse, 45 8021 Zurich, Switzerland Johannes A. deGier, Vice Chairman Dutch UBS AG 1 Curzon Street London W1J 5HB, England Markus Kundig, Vice Chairman Swiss Postfach 4463 6304 Zug, Switzerland Peter Bockli Swiss Bodmer & Partners St. Jakobs-strasse 41 P.O. Box 2348 4002 Basel, Switzerland
4 Members of the Board of Directors (continued) - ----------------------------------------------------------------------------------------------- NAME NATIONALITY ADDRESS - ----------------------------------------------------------------------------------------------- Sir Peter Davis British Group Chief Executive J. Sainsbury plc Stamford House Stamford Street London SE1 9LL, England Eric Honegger Swiss Im Fink 11 8800 Thalwil, Switzerland Rolf A. Meyer Swiss Heiniweidstrasse 18 8806 Bach, Switzerland Hans Peter Ming Swiss Sika Finanz AG Wiesenstrasse 7 8008 Zurich, Switzerland Lawrence Allen Weinbach US Chairman, President and Chief Executive Officer UNISYS Corporation P.O. Box 500 Blue Bell, PA 19424-0001, USA
Members of the Group Executive Board (principal executive officers) - ----------------------------------------------------------------------------------------------------------- NAME NATIONALITY ADDRESS - ----------------------------------------------------------------------------------------------------------- Luqman Arnold, President British UBS AG 1 Finsbury Avenue London Georges Gagnebin Swiss UBS AG Baerengasse 16 Zurich Joseph Grano US UBS PaineWebber Inc. 1285 Avenue of the Americas New York, NY 10019 Markus Granziol Swiss UBS AG Bahnhofstrasse 45 8021 Zurich Stephan Haeringer Swiss UBS AG Bahnhofstrasse 45 8021 Zurich Pierre de Weck Swiss UBS AG 100 Liverpool Street London Peter A. Wuffli Swiss Brinson Partners 209 South LaSalle Street Chicago, Illinois
Neither UBS nor any of the members of the Board of Directors or executive officers listed above has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). Neither UBS nor any of the members of the Board of Directors or executive officers listed above was, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. 5 - -------------------------------------------------------------------------------- Item 3. Source and Amount of Funds or Other Consideration. The source of funds for the purchases of the Common Stock and Preferred Stock (as defined above in Item 1) was working capital of UBS AG and the affiliates that purchased the subject securities. The aggregate purchase price of such Common Stock and Preferred Stock is approximately $ 85,584,000. - -------------------------------------------------------------------------------- Item 4. Purpose of Transaction. The shares of Common Stock and Preferred Stock were acquired for investment and proprietary trading purposes and not with the purpose or effect of changing or influencing control of the Issuer. Some of the shares were acquired as part of the risk arbitrage activities of UBS and its affiliates. UBS AG and its affiliates review their respective holdings of the Issuer on an ongoing basis. Depending on such evaluations, UBS and its affiliates may from time to time in the future acquire additional shares in connection with such investment and risk arbitrage activities, but they have no present plans for any material additional acquisitions. Except as otherwise described herein, none of the reporting persons has any plans or proposals relating to or which would result in any of the transactions described in Items 4(a) - (j) of Schedule 13D. - -------------------------------------------------------------------------------- Item 5. Interest in Securities of the Issuer. UBS directly beneficially owns 4,247,015 shares of Common Stock, or 7.35% of the class outstanding. Of such shares, 1,085,010 are issuable to UBS upon conversion of 1,826,000 shares of the Series F Preferred Stock directly beneficially owned by UBS, and 403,362 are issuable to UBS upon conversion of 487,800 shares of the Series E Preferred Stock directly beneficially owned by UBS. UBS Warburg LLC, a Delaware limited liability company that is an indirect wholly-owned subsidiary of UBS AG, directly beneficially owns 419,909 shares of Common Stock, or less than 1% of the class outstanding. UBS AG disclaims beneficial ownership of the shares of Common Stock directly beneficially owned by UBS Warburg LLC. UBS PaineWebber Inc., a Delaware corporation that is an indirect wholly-owned subsidiary of UBS AG, directly beneficially owns 25,253 shares of Common Stock, or less than one-tenth of 1% of the class outstanding. Of such shares, 357 are issuable upon conversion of 600 shares of the Series F Preferred Stock directly beneficially owned by UBS PaineWebber Inc. UBS AG disclaims beneficial ownership of the shares of Common Stock and Series F Preferred Stock directly beneficially owned by UBS PaineWebber Inc. - -------------------------------------------------------------------------------- Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. To the best knowledge of UBS AG, no contracts, arrangements, understandings or relationships (legal or otherwise) exist among the persons named in Item 2 or between such persons and any other person with respect to the securities of the Issuer. - -------------------------------------------------------------------------------- Item 7. Material to be Filed as Exhibits. None. - -------------------------------------------------------------------------------- 6 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: May 10, 2001 UBS AG By: /s/ Robert C. Dinerstein By: /s/ Robert B. Mills Robert C. Dinerstein Robert B. Mills Managing Director Managing Director -----END PRIVACY-ENHANCED MESSAGE-----