1818 fund iii lp - direct investment history in Z tel technologies inc

Filed on 2004-12-03 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4/a

Accession 0000950142-04-004126.txt Sec File: edgar/data/1086778/0000950142-04-004126-index.htm

2004-10-28 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Z Tel Technologies Inc remaining shares owned 2142858

Common Stock Z Tel Technologies Inc Ztel

f1 on november 1, 2004, the reporting person mistakenly filed a form 4 reporting a total of 28,439,975 shares of common stock asbeneficially owned by the reporting person following the reported transaction. this amendment is being filed to reflect thecorrect number of common stock held by the reporting person following the reported transaction
f2 there is no change to the ownership form of the common stock -- the "d" is meant as a placeholder and is required by thesec's edgar filer system.


Filed on 2004-12-01 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4

Accession 0000950142-04-004078.txt Sec File: edgar/data/1086778/0000950142-04-004078-index.htm

2004-11-29 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Z Tel Technologies Inc sold 125 shares remaining shares owned 0

Series G Preferred Shares Z Tel Technologies Inc Ztel exercise date 2004-09-30 exercise price 0 has valueitem expiration due date 2004-11-29 underlying security shares 20183675 underlying security title Common Stock

f4 12% junior convertible redeemable preferred stock, series g, par value $.01 per share (the "series g preferred").
f2 the reporting person disposed of 125 shares of the series g preferred, as defined below, in exchange for 20,183,675 shares ofcommon stock on november 29, 2004 in an issuer exchange offer.
f5 the issuer commenced an exchange offer on september 30, 2004 which expired on november 29, 2004.


Filed on 2004-12-01 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4

Accession 0000950142-04-004078.txt Sec File: edgar/data/1086778/0000950142-04-004078-index.htm

2004-11-29 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Z Tel Technologies Inc sold 4166667 shares remaining shares owned 0

Series E Preferred Shares Z Tel Technologies Inc Ztel exercise date 2004-09-30 exercise price 0 has valueitem expiration due date 2004-11-29 underlying security shares 105175675 underlying security title Common Stock

f3 8% convertible preferred stock, series e, par value $.01 per share (the "series e preferred").
f1 the reporting person disposed of 4,166,667 shares of the series e preferred, as defined below, in exchange for 105,175,675shares of common stock on november 29, 2004 in an issuer exchange offer.
f5 the issuer commenced an exchange offer on september 30, 2004 which expired on november 29, 2004.


Filed on 2004-12-01 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4

Accession 0000950142-04-004078.txt Sec File: edgar/data/1086778/0000950142-04-004078-index.htm

2004-11-29 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Z Tel Technologies Inc bought 125359350 shares remaining shares owned 127502208

Common Stock Z Tel Technologies Inc Ztel Transaction code: P Open market or private purchase of securities

f1 the reporting person disposed of 4,166,667 shares of the series e preferred, as defined below, in exchange for 105,175,675shares of common stock on november 29, 2004 in an issuer exchange offer.
f2 the reporting person disposed of 125 shares of the series g preferred, as defined below, in exchange for 20,183,675 shares ofcommon stock on november 29, 2004 in an issuer exchange offer.


Filed on 2004-11-01 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4

Accession 0000950142-04-003744.txt Sec File: edgar/data/1086778/0000950142-04-003744-index.htm

2004-10-28 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Z Tel Technologies Inc sold 2142858 shares at $0 remaining shares owned 0

Warrants Right To Buy Z Tel Technologies Inc Ztel item expiration due date 2008-07-02 underlying security shares 2142858 underlying security title Common Stock

f1 warrants acquired july 2, 2001 were exercised according to their terms into 2,142,858 shares of common stock at a price of$.01 per share.
f2 immediately


Filed on 2004-11-01 by 1818 Fund Iii Lp SEC CIK 1086778 Form 4

Accession 0000950142-04-003744.txt Sec File: edgar/data/1086778/0000950142-04-003744-index.htm

2004-10-28 1818 Fund Iii Lp (CIK 1086778) through Direct

Invested in Z Tel Technologies Inc bought 2142858 shares remaining shares owned 28439975

Common Stock Z Tel Technologies Inc Ztel Transaction code: X Exercise of in-the-money or at-the-money derivatives securities (usually options)

f1 warrants acquired july 2, 2001 were exercised according to their terms into 2,142,858 shares of common stock at a price of$.01 per share.