-----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, L9dugJ0sH4KTEGUc1hvu99cI5K+BdR13I3MBZjfoCNc1rIS2Law9J4UuvHgtZ6ew t5m/n+0YIuHeF2EWSelKNw== 0001018471-98-000002.txt : 19980512 0001018471-98-000002.hdr.sgml : 19980512 ACCESSION NUMBER: 0001018471-98-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980430 FILED AS OF DATE: 19980511 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SHARED TECHNOLOGIES CELLULAR INC CENTRAL INDEX KEY: 0000933583 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TELEPHONE INTERCONNECT SYSTEMS [7385] IRS NUMBER: 061386411 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-13558 FILM NUMBER: 98615120 BUSINESS ADDRESS: STREET 1: 100 GREAT MEADOW RD STREET 2: SUITE 102 CITY: WETHERSFIELD STATE: CT ZIP: 06109 BUSINESS PHONE: 8602582500 MAIL ADDRESS: STREET 1: C/O SHARED TECHNOLOGIES CELLULAR INC STREET 2: 100 GREAT MEADOW ROAD SUITE 102 CITY: WETHERSFIELD STATE: CT ZIP: 06109 COMPANY DATA: COMPANY CONFORMED NAME: HETHEESING AJIT G CENTRAL INDEX KEY: 0001018471 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 100 GREAT MEADOW RD STE 104 STREET 2: C/O SHARED TECHNOLOGIES FAIRCHILD INC CITY: WETHERSFIELD STATE: CT ZIP: 06109 BUSINESS PHONE: 8602582400 MAIL ADDRESS: STREET 1: C/O SHARED TECHNOLOGIES FAIRCHILD INC STREET 2: 100 GREAT MEADOW RD STE 104 CITY: WETHERSFIELD STATE: CT ZIP: 06109 4 1 FORM 4 - APRIL 30, 1998 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Hutheesing, Ajit G. c/o Shared Technologies Cellular, Inc. 100 Great Meadow Road Suite 102 Wethersfield, CT 06109 2. Issuer Name and Ticker or Trading Symbol Shared Technologies Cellular, Inc. STCL 3. IRS or Social Security Number of Reporting Person (Voluntary) - 4. Statement for Month/Year April 30, 1998 5. If Amendment, Date of Original (Month/Year) April 30, 1998 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 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. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |- |- |-|- |- |- |66,667 |I |(1) | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Option to Buy |$1.625 |- |- |-|- - |A,D|12-31|8-31-|Common Stock|2,000 |- |2,000 |I |(1) | | | | | | | |-95 |05 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option to Buy |$4.75 |- |- |-|- - |A,D|12-12|6-11-|Common Stock|2,000 |- |2,000 |I |(1) | | | | | | | |-96 |06 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option to buy |$2.25 |- |- |-|- - |A,D|2-18-|8-18-|Common Stock|2,000 |- |2,000 |I |(1) | | | | | | | |97 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant |$2.50 |- |- |-|- - |A,D|2-29-|2-28-|Common Stock|150,000|- |150,000 |I |(1) | | | | | | | |95 |00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant |$2.50 |- |- |-|- - |A,D|5-1-9|12-25|Common Stock|40,000 |- |40,000 |I |(1) | | | | | | | |7 |-00 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant |$3.00 |- |- |-|- - |A,D|8-19-|8-19-|Common Stock|240,000|- |240,000 |I |(1) | | | | | | | |96 |01 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option to buy (2) |$1.72 |- |- |-|- - |A,D|5-1-9|5-1-9|Common Stock|25,000 |- |25,000 |I |(1) | | | | | | | |7 |9 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Option to buy |$2.00 |- |- |-|- - |A,D|5-24-|5-23-|Common Stock|2,000 |- |2,000 |I |(1) | | | | | | | |97 |07 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant |$3.00 |- |- |-|- - |A,D|8-15-|8-14-|Common Stock|66,667 |- |66,667 |I |(1) | | | | | | | |97 |02 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Warrant |$5.00 |4-30-|P(2)|-|50,000 - |A,D|4-30-|4-15-|Common Stock|50,000 |(2) |50,000 |I |(2) | | |98 | | | | |98 |03 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: 1. owned by International Capital Partners, Inc. (ICP), of which the reporting person is a principal. 2. warrant was acquired by ICP in connection with a loan by ICP to the issuer in the amount of $500,000, pursuant to a credit agreement This is an amendment to a prior filing on the date hereof, correcting the entry in Table II, Column 3, replacing 4-15-98 with 4-30-98 as as the transaction date. SIGNATURE OF REPORTING PERSON /s/ Ajit G. Hutheesing by Linda L. Fazzina, L.P.A. DATE 5-11-98 -----END PRIVACY-ENHANCED MESSAGE-----