-----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, Q3JzZvkL79u2FfSI6kq7WXoS6zzXSLoJkwqWmM/r+JtcE1oYBRAMOey58Bd95IR1 tanMqdISmeur0Nnmv4YO5Q== 0001013594-98-000045.txt : 19980623 0001013594-98-000045.hdr.sgml : 19980623 ACCESSION NUMBER: 0001013594-98-000045 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980611 FILED AS OF DATE: 19980622 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ILLINOIS SUPERCONDUCTOR CORPORATION CENTRAL INDEX KEY: 0000888693 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 363688459 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: SEC FILE NUMBER: 000-22302 FILM NUMBER: 98651625 BUSINESS ADDRESS: STREET 1: 451 KINGSTON CT CITY: MOUNT PROSPECT STATE: IL ZIP: 60056 BUSINESS PHONE: 8473919400 MAIL ADDRESS: STREET 1: 451 KINGSTON COURT CITY: MT PROSPECT STATE: IL ZIP: 60056 COMPANY DATA: COMPANY CONFORMED NAME: ELLIOTT ASSOCIATES LP CENTRAL INDEX KEY: 0000904495 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] DIRECTOR IRS NUMBER: 222140975 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 BUSINESS ADDRESS: STREET 1: 712 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2125062999 MAIL ADDRESS: STREET 1: ELLIOTT ASSOCIATES LP STREET 2: 712 5TH AVE CITY: NEW YORK STATE: NY ZIP: 10019 3 1 OMB APPROVAL OMB Number: 3235-0104 Expires: September 30, 1998 Estimated average burden hours per response 0.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES FORM 3 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 1. Name and Address of Reporting Person Elliott Associates, L.P. 712 Fifth Avenue New York, NY 10019 2. Date of Event Requiring Statement (Month/Day/Year) 6/11/98 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Issuer Name and Ticker Trading Symbol Illinois Superconductor Corporation (ISCO) 5. Relationship of Reporting Person to Issuer (Check all applicable) X Director Officer (give title below) 10% Owner Other (specify below) 6. If Amendment, Date of Original (Month/Day/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 I - Non-Derivative Securities Beneficially Owned 1. Title of Security (Instr. 4) Common Stock, par value $ .001 2. Amount of Securities Beneficially Owned (Instr. 4) 70,900 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) D 4. Nature of Indirect Beneficial Ownership (Instr. 5) Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Page 1 of 5) Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) Senior Convertible Note 2. Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable 8/14/98 Expiration Date 5/15/02 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) Title Common Stock Amount or Number of Shares 833,333 4. Conversion or Exercise Price of Derivative Security $1.50* 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) D 6. Nature of Indirect Beneficial Ownership (Instr. 5) * subject to adjustment under certain circumstances (Page 2 of 5) Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) Senior Convertible Note 2. Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable 11/13/98 Expiration Date 5/15/02 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) Title Common Stock Amount or Number of Shares 833,334 4. Conversion or Exercise Price of Derivative Security $1.50* 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) D 6. Nature of Indirect Beneficial Ownership (Instr. 5) * subject to adjustment under certain circumstances (Page 3 of 5) Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) Warrant 2. Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable current Expiration Date 5/15/01 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) Title Common Stock Amount or Number of Shares 1,000,000 4. Conversion or Exercise Price of Derivative Security $3.75* 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) D 6. Nature of Indirect Beneficial Ownership (Instr. 5) * subject to adjustment under certain circumstances (Page 4 of 5) Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 4) Warrant 2. Date Exercisable and Expiration Date (Month/Day/Year) Date Exercisable current Expiration Date 10/29/01 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) Title Common Stock Amount or Number of Shares 17,391 4. Conversion or Exercise Price of Derivative Security $10.60* 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) D 6. Nature of Indirect Beneficial Ownership (Instr. 5) * subject to adjustment under certain circumstances ** Intentional misstatement or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ELLIOTT ASSOCIATES, L.P. /s/ Paul E. Singer June 22, 1998 **Signature of Reporting Person Date Paul Singer, General Partner (Page 5 of 5) -----END PRIVACY-ENHANCED MESSAGE-----