4 1 0001.txt KIMBERLIN U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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 [ x ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue 1. Name and Address of Reporting Person: Kimberlin, Kevin B. 535 Madison Avenue, 18th Floor New York, NY 10022 2. Issuer Name and Ticker or Trading Symbol: NEXT LEVEL COMMUNICATIONS, INC. (NXTV) 3.. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year: June 2000 5. If Amendment, Date of Original 6. Relationship of Reporting Person to Issuer: [ ] Director [ x ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) ------------------------------------------- 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 Acquired, Disposed of, or Beneficially Owned ------------------------------------------------------------------------------------------------------------------------- 1)Title of Security 2)Transaction 3)Transaction 4) Securities Acquired(A) 5) Amount of 6) Ownership 7) Nature of Date Code or Disposed of (D) Securities Form:Direct Indirect --------------- -------------------------- Beneficially (D) or Beneficial (Month/Day/ Owned at End Indirect(I) Ownership Year) Code V Amount (A) or (D) Price of Month -------------------------------------------------------------------------------------------------------------------------------- Common Stock 4,471,773 I By Kevin Kimberlin Kimberlin Ptrs LP(1) -------------------------------------------------------------------------------------------------------------------------------- (1) The reporting person is the general partner of Kevin Kimberlin Partners LP, a Delaware limited partnership. --------------------------------------------------------------------------------------------------------------------------------
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ----------------------------------------------------------------------------------------------------------------------------------- 1)Title of Derivative 2)Conversion or 3)Transaction 4)Transaction 5) Number of Derivative 6) Date Exercisable Security or Exercise Price Date Code Securities Acquired(A) and Expiration Price of or Disposed of (D) Date Derivative (Month/Day/ Security Year) Date Expiration Code V (A) (D) Exercisable Date ----------------------------------------------------------------------------------------------------------------------------------- Warrants to Purchase $10.38 6/20/2000 S D Immediate 1/13/03 Common Stock 6/26/2000 Warrants to Purchase $10.38 6/20/2000 S D Immediate 1/13/03 Common Stock 6/26/2000 ----------------------------------------------------------------------------------------------------------------------------------- Table Cont'd 1)Title of Derivative 2)Conversion or 3)Transaction 7)Title & Amount 8) Price of 9) Number 10) Ownership 11) Nature of Security Exercise Price Date of Underlying Derivative of derivative form of Indirect of Derivative Securities Security securities Derivative Beneficial Security (Month/Day/ Beneficially Security Ownership Year) Owned at Direct (D) End of or Indirect(I) Month Title Amount or Number of Shares ----------------------------------------------------------------------------------------------------------------------------------- Warrants to Purchase $10.38 6/20/2000 Common 1,887,574 $49.03(2) I See Note Common Stock 6/26/2000 Stock (3) Warrants to Purchase $10.38 6/20/2000 Common 24,935 $49.03(2) 4,591,729 I See Note Common Stock 6/26/2000 Stock (4) ---------------------------------------- Explanation of Responses: (2) Some of the warrants transferred to the purchasers were transferred in connection with a cash-less exercise of all such warrants by the purchasers, the shares of which were subsequently sold for $59.06 per share. (3) Oshkim NLC, Ltd., a Texas limited partnership, of which the reporting person is a general partner, sold, in the aggregate, warrants to purchase 1,887,574 shares of the Issuer's common stock on June 20, 2000 and June 26, 2000. (4) Spencer Trask Holdings, Inc., a Delaware corporation, of which the reporting person is the controlling shareholder, sold, in the aggregate, warrants to purchase 24,935 shares of the Issuer's common stock on June 20, 2000 and June 26, 2000.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations See U.S.C. 1001 and 15 U.S.C. 78ff(a) /s/ Kevin B. Kimberlin July 10, 2000 ------------------------------- ---------------------- **Signature of Reporting Person Date