-----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, UyWkSdFwzxcPITtc2V5qHPks+NltHBIcI5cJUWClNPumRpEz+cWfF1d0/006y0Ad TqD3wJ5PC3hgSW+1XLF7+w== 0000909143-97-000143.txt : 19970912 0000909143-97-000143.hdr.sgml : 19970912 ACCESSION NUMBER: 0000909143-97-000143 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970831 FILED AS OF DATE: 19970910 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PHC INC /MA/ CENTRAL INDEX KEY: 0000915127 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOME HEALTH CARE SERVICES [8082] IRS NUMBER: 042601571 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-22916 FILM NUMBER: 97678220 BUSINESS ADDRESS: STREET 1: 200 LAKE ST STE 102 CITY: PEABODY STATE: MA ZIP: 01960 BUSINESS PHONE: 5085362777 MAIL ADDRESS: STREET 1: 200 LAKE ST STREET 2: STE 102 CITY: PEABODY STATE: MA ZIP: 01960 COMPANY DATA: COMPANY CONFORMED NAME: INFINITY INVESTORS LTD CENTRAL INDEX KEY: 0000930022 STANDARD INDUSTRIAL CLASSIFICATION: [] OWNER IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: MEMORIAL SQUARE STREET 2: P O BOX 556 CHARLESTON CITY: NEVIS WEST INDIES MAIL ADDRESS: STREET 1: 27 WELLINGTON ST CITY: CORK IRELAND 4 1 ----------------------------- OMB APPROVAL ----------------------------- OMB Number 3235-0287 Expires: September 30, 1998 Estimated average burden hours per response ....... 0.5 ------------------------------ 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 [ ] CHECK THIS BOX IF NO LONGER SUBJECT OF SECTION 16. FORM 4 OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(B). ====================================================================== 1. Name and Address of Reporting Person Infinity Investors Limited - ---------------------------------------------------------------------- (Last) (First) (Middle) 38 Hertford Street - ---------------------------------------------------------------------- (Street) London England WIY 7TG - ---------------------------------------------------------------------- (City) (State) (Zip) ====================================================================== 2. Issuer Name and Ticker or Trading Symbol PHI, Inc. (PIHC) ====================================================================== 3. IRS or Social Security Number of Reporting Person (Voluntary) ====================================================================== 4. Statement for Month/Year August 1997 ====================================================================== 5. If Amendment, Date of Original (Month/Year) ====================================================================== 6. Relationship of Reporting Person to Issuer (Check all applicable) [ ] Director [ X ] 10% Owner [ ] Officer (give title below) [ ] Other (specify below) ====================================================================== 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 ================================================================================================================================= 6. 4. 5. Owner- Securities Acquired (A) or Amount of ship 3. Disposed of (D) Securities Form: 7. Nature Transaction (Instr. 3, 4 and 5) Beneficially Direct of Indirect 2. Code ------------------------------- Owned at End (D) or Beneficial 1. Transaction (Instr. 8) (A) of Month Indirect Ownership Title of Security Date ------------ Amount or Price (Instr. 3 (I) (Instr. (Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) 4) - --------------------------------------------------------------------------------------------------------------------------------- Class A Common Stock, par value $.01 per share 08/14/97 C 476,623(1) A $2.31 - --------------------------------------------------------------------------------------------------------------------------------- 08/14/97 C 34,373(1) A $2.31 - --------------------------------------------------------------------------------------------------------------------------------- 08/14/97 C 317,965(2) A $2.31 - --------------------------------------------------------------------------------------------------------------------------------- 08/14/97 C 22,808(2) A $2.31 - --------------------------------------------------------------------------------------------------------------------------------- 08/14/97 S 510,000(1) D $2.25 - --------------------------------------------------------------------------------------------------------------------------------- 08/14/97 S 340,000(2) D $2.25 - --------------------------------------------------------------------------------------------------------------------------------- 08/25/97 S 2,399(1) D $2.31 0 - --------------------------------------------------------------------------------------------------------------------------------- 08/25/97 S 1,497(2) D $2.31 0 - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------------- ================================================================================================================================= Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly (1) The securities were sold pursuant to a foreclosure and sale for the benefit of an independent brokerage firm.
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ==================================================================================================================================== 9. 10. Number Owner- of ship 2. Deriv- of Conver- 5. 7. ative Deriv- 11. sion Number of Title and Amount Secur- ative Nature of Derivative 6. of Underlying 8. ities Secur- of Exer- 4. Securities Date Securities Price Bene- ity: In- cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene- 1. of action Code of (D) (Month/Day/Year) Amount ative at End In- ficial Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner- Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr. (Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4) - --------------------------------------------------------------------------------------------------------------------------------- 7% Convertible Debentures, due Common 476,623 December 31, 1998 08/14/97 C Immed. Stock (1) - --------------------------------------------------------------------------------------------------------------------------------- Common 34,373 08/14/97 C Immed. Stock (1) - --------------------------------------------------------------------------------------------------------------------------------- Common 317,965 08/14/97 C Immed. Stock (2) - --------------------------------------------------------------------------------------------------------------------------------- Common 22,808 08/14/97 C Immed. Stock (2) - --------------------------------------------------------------------------------------------------------------------------------- Common 510,000 08/14/97 C Immed. Stock (1) - --------------------------------------------------------------------------------------------------------------------------------- Common 340,000 08/14/97 C Immed. Stock (2) - --------------------------------------------------------------------------------------------------------------------------------- Common 2,399 08/25/97 C Immed. Stock (1) 0 - --------------------------------------------------------------------------------------------------------------------------------- Common 1,497 08/25/97 C Immed. Stock (2) 0 - --------------------------------------------------------------------------------------------------------------------------------- =================================================================================================================================
Explanation of Responses: (1) These securities were converted or sold, as the case may be, by Infinity Investors Limited, which may be a member of a "group" with Seacrest Capital Limited for purposes of Section 13(d) of the Exchange Act. (2) These securities were converted or sold, as the case may be, by Seacrest Capital Limited. Infinity Investors Limited* By: /s/ James A. Loughran 9/9/97 -------------------------------------------- ------------ **Signature of Reporting Person Date * This Reporting Person has obtained authorization from each of the other Reporting Person which comprise the group filing this Form. The Confirming Statement in this regard was filed with the group's original Form 3. ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 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 provided is insufficient, see Instruction 6 for procedures. -----END PRIVACY-ENHANCED MESSAGE-----