1818 fund iii lp - direct investment history in Trinsic inc

Filed on 2005-10-03 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4

Accession 0000950142-05-002681.txt Sec File: edgar/data/1086778/0000950142-05-002681-index.htm

2005-09-29 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Trinsic Inc bought 0 shares remaining shares owned 24084

Convertible Preferred Stock Trinsic Inc Trin exercise date 2005-09-30 underlying security title Common Stock

f1 convertible preferred stock, series h, par value $.01 per share (the "series h preferred").
f3 pursuant to the adjustment provisions of the series h preferred, the conversion price of the series h preferred wasadjusted as of the close of business on september 29, 2005 to a predetermined amount of $0.20 as trinsic, inc. failedto enter into certain contractual arrangements by such date.
f4 as previously reported, 24084.769 shares of series h preferred initially convertible into 6,175,582 shares of common stock(after to giving effect to a one for ten reverse stock split announced on september 28, 2005) were received in july 2005 inexchange for (i) the cancellation of a promissory note in an aggregate principal amount of $20,000,000 plus a premium andaccrued and unpaid interest thereon totaling in the aggregate $21,584,768.69 and (ii) a cash payment of $2,500,000.
f2 $1000 per share of series h preferred divided by the conversion price, set initially at $0.39 but adjusted to $0.20 asdescribed below.
f5 subject to receipt of shareholder approval.
f7 not applicable.
f6 the series h preferred is convertible into an additional 5,866,803 shares of common stock pursuant to the adjustmentprovisions of the series h preferred described above. the conversion price of the series h preferred is subject to furtherantidilution adjustment.


Filed on 2005-07-18 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4

Accession 0000950142-05-002052.txt Sec File: edgar/data/1086778/0000950142-05-002052-index.htm

2005-07-15 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Trinsic Inc bought 24084.769 shares remaining shares owned 24084

Convertible Preferred Stock Trinsic Inc Trin exercise date 2005-09-30 underlying security title Common Stock

f1 convertible preferred stock, series h, par value $.01 per share (the "series h preferred").
f3 shares of series h preferred were received in exchange for (i) the cancellation of a promissory note in an aggregateprincipal amount of $20,000,000 plus a premium and accrued and unpaid interest thereon totaling in the aggregate$21,584,768.69 and (ii) a cash payment of $2,500,000.
f2 $1000 per share of series h preferred divided by the conversion price, set initially at $0.39, but subject to adjustment.
f5 not applicable.
f4 61,755,818 shares of common stock, but subject to adjustment.