-----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, M7HhtbPd3wAUSCT0DbOgbQlodW234Exb/UoFJ8ZkJOqt3o6bYerkM56szG2AF9Qa nQYYHcycFfoBsvGZ6TgLfA== 0000919574-98-000819.txt : 19980914 0000919574-98-000819.hdr.sgml : 19980914 ACCESSION NUMBER: 0000919574-98-000819 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980831 FILED AS OF DATE: 19980911 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CD RADIO INC CENTRAL INDEX KEY: 0000908937 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 521700207 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-24710 FILM NUMBER: 98708399 BUSINESS ADDRESS: STREET 1: 1180 AVENUE OF THE AMERICAS STREET 2: 14TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2128995000 MAIL ADDRESS: STREET 1: 1001 22ND STREET NW 6TH FLOOR CITY: WAHINGTON STATE: DC ZIP: 20037 COMPANY DATA: COMPANY CONFORMED NAME: EVEREST CAPITAL LTD CENTRAL INDEX KEY: 0000922216 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] OWNER STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: CORNER HOUSE 20 PARLIAMENT ST STREET 2: P O BOX HM 2458 CITY: HAMILTON STATE: D0 MAIL ADDRESS: STREET 1: SEWARD & KISSEL STREET 2: 1 BATTERY PARK PLAZA CITY: NEW YORK STATE: NY ZIP: 10004 4 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP (X) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person Everest Capital Limited The Bank of Butterfield Building 65 Front Street 6th Floor Hamilton HMJX, Bermuda 2. Issuer Name and Ticker or Trading Symbol CD Radio Inc. CDRD 3. IRS Number of Reporting Person (Voluntary) 4. Statement for Month/Year 8/98 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s)to Issuer (Check all applicable) ( ) Director ( ) 10% Owner ( ) Officer (give title below) (X) Other (specify below) Previously was a 10% owner 7. Individual or Joint/Group Filing (check Applicable Line) Form filed by One Reporting Person X 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 | 5. Amount of | 6. Ownership |7. Nature of | (Instr. 3) | Date | Code | Acquired (A) | Securities | Form: | Indirect | | | (Instr. 8) | or Disposed | Beneficially | Direct (D) | Beneficial| | (Month/ | | of (D) | Owned at End | or Indirect| Ownership | | Day/ | | (Instr. 3,4, | of Month | (I) | (Instr. 4)| | Year) | | and 5) | (Instr. 3 and 4)| (Instr. 4) | | | | | | |(A) or| | | | | | | Code | V | Amount|(D) |Price| | | | _________________________________________________________________________________________________________________________________ - --------------------------------------------------------------------------------------------------------------------------------- Common 8/26/98 C 111,111 A -* 111,111** I *** - --------------------------------------------------------------------------------------------------------------------------------- Common 8/21/98 S 31,700 D $24.77 - --------------------------------------------------------------------------------------------------------------------------------- Common 8/25/98 S 4,700 D 24.32 - --------------------------------------------------------------------------------------------------------------------------------- Common 8/27/98 S 17,000 D 20.34 - ---------------------------------------------------------------------------------------------------------------------------------
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED 1. Title of | 2. Conver- | 3. Trans- | 4. Trans- | 5. Number of | 6. Date Exer- | 7. Title and Amount | Derivative | sion or | action | action | Derivative | cisable and | of Underlying | Security | Exercise | Date | Code | Securities | Expiration | Securities | (Instr. 3) | Price of | (Month/ | (Instr. | Acquired | Date | (Instr. 3 and 4) | | Deri- | Date/ | 8) | (A) or | (Month/Day/ | | | vative | Year) | | Disposed of | Year) | | | Security | | | (D) (Instr. | | | | | | | 3, 4 and 5) | | | | | |____________|_________________|___________________|_____________________| | | | | | | | | | | | | | | | | | | Date | Expira- | | Amount or | | | | | | | | Exer- | tion | | Number of | | | | Code | V | (A) | (D) | cisable | Date | Title | Shares | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| | | | | | | | | | | | | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| Series C |$18 | 8/14/98 |S | | | 3,500 | present| |Common | 19,444 | Convertible | | | | | | | | |Stock | | Preferred | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| Series C |$18 | 8/17/98 |S | | | 6,000 | present| |Common | 33,333 | Convertible | | | | | | | | |Stock | | Preferred | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| Series C |$18 | 8/18/98 |S | | |15,500 | present| |Common | 86,111 | Convertible | | | | | | | | |Stock | | Preferred | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| Series C |$18 | 8/19/98 |S | | | 4,500 | present| |Common | 25,000 | Convertible | | | | | | | | |Stock | | Preferred | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| Series C |$18 | 8/25/98 |S | | |27,000 | present| |Common | 150,000 ] Convertible | | | | | | | | |Stock | | Preferred | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| Series C |$18 | 8/26/98 |S | | | 5,000 | present | |Common | 27,778 | Convertible | | | | | | | | |Stock | | Preferred | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| Series C |$18 | 8/27/98 |S | | | 5,000 | present | |Common | 27,778 | Convertible | | | | | | | | |Stock | | Preferred | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________| | | | | | | | | | | | ___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________|
| 8. Price of | 9. Number of | 10. Ownership | 11. Nature of | | Derivative | derivative | Form of | Indirect | | Security | Securities | Derivative | Beneficial | | (Instr. 5) | Benefi- | Security | Ownership | | | cially | Direct (D) | (Instr. 4) | | | Owned at | or Indirect | | | | End of | (I) (Instr. | | | | Month | 4) | | | | (Instr. 4) | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | 492,596** | I | *** | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________| | | | | | |_______________________|___________________|___________________|_________________|
Everest Capital Limited By: /s/ Malcolm Stott September 11, 1998 __________________________ _________________ Malcolm Stott Date Chief Financial Officer Signature of Reporting Person Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is sufficient, see Instruction 6 for procedure. * Common Stock received by virtue of conversion of 20,000 Series C Convertible Preferred Shares. ** The Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, if any, therein. *** General Partner or Investment Manager. CONFIRMING STATEMENT This Statement confirms that the undersigned, Everest Capital Master Fund, L.P., has authorized and designated Everest Capital Limited to execute and file on the undersigned's behalf all Forms 3, 4, and 5 (including any amendments thereto) that the undersigned may be required to file with the U.S. Securities and Exchange Commission as a result of the undersigned's ownership of or transactions in securities of Ponder Industries Inc. The authority of Everest Capital Limited under this Statement shall continue until the undersigned is no longer required to file Forms 3, 4, and 5 with regard to the undersigned's ownership of or transactions in securities of Ponder Industries Inc. unless earlier revoked in writing. The undersigned acknowledges that Everest Capital Limited is not assuming any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. Date: September 11, 1998 Everest Capital Master Fund, L.P. By: Everest Capital Limited, General Partner /s/ Malcolm Stott By: Malcolm Stott Title: Chief Financial Officer Joint Filer Information Name: Everest Capital Master Fund, L.P. Address: c/o Everest Capital Limited The Bank of Butterfield Building 65 Front Street 6th Floor Hamilton HM JX, Bermuda Designated Filer: Everest Capital Limited Issuer & Ticker Symbol: CD Radio Inc. (CDRD) Date of Event Requiring Statement: August 31, 1998 Signature: Everest Capital Master Fund, L.P. By: Everest Capital Limited, General Partner /s/ Malcolm Stott By: Malcolm Stott Title: Chief Financial Officer 00119001.DP1 -----END PRIVACY-ENHANCED MESSAGE-----