Accel internet fund iii associates llc - by accel investors 99 l p investment history in Metropcs communications inc

Filed on 2007-04-26 by Accel Internet Fund Iii Associates Llc SEC CIK 1248535 Form 4

Accession 0001209191-07-025751.txt Sec File: edgar/data/1248535/0001209191-07-025751-index.htm

2007-04-24 Accel Internet Fund Iii Associates Llc (CIK 1248535) through By Accel Investors 99 L P

Invested in Metropcs Communications Inc sold 20255 shares at $0 remaining shares owned 0

Series D Convertible Preferred Stock Metropcs Communications Inc Pcs exercise price 0 has valueunderlying security shares 837441 underlying security title Common Stock

f1 the shares of series d convertible preferred stock (the "series d preferred stock") converted, along with any accrued but unpaid dividends thereon, into common stock of metropcs communications, inc. (the "company"). each share of series d preferred stock represented an original investment of $100 which, with the accrued but unpaid dividends thereon, was converted to the company's common stock at the rate of approximately $3.13 per share of common stock.
f4 these shares are held directly by accel investors '99 l.p. arthur c. patterson, james r. swartz, james w. breyer, j. peter wagner and theresia gouw ranzetta are the managing members of accel investors '99 l.p. and share voting and investment powers.
f8 the series d preferred stock had been automatically convertible upon (i) completion of a qualified public offering (as defined in the securities purchase agreement, as amended); (ii) the common stock trading on a national securities exchange for a period of 30 consecutive trading dates above a price that implies a market valuation of the series d preferred stock in excess of twice the initial purchase price of the series d preferred stock; or (iii) the date specified by the holders of two-thirds of the initial purchase price of the series d preferred stock. if not previously converted, the company was required to redeem all outstanding shares of series d preferred stock on july 17, 2015, at the liquidation value plus accrued but unpaid dividends.