Filing Details

Accession Number:
0001140361-13-011878
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-11 19:00:20
Reporting Period:
2013-03-07
Filing Date:
2013-03-11
Accepted Time:
2013-03-11 19:00:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1208208 Digitalglobe Inc. DGI Communications Services, Nec (4899) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
947822 Stephen Feinberg C/O Cerberus Capital Management, L.p.
875 Third Avenue - 11Th Floor
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.001 Par Value Disposition 2013-03-07 5,000,000 $28.30 5,486,429 No 4 S Indirect By limited partnership and limited liability company
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By limited partnership and limited liability company
Footnotes
  1. Cerberus Partners II, L.P. and Cerberus Series Four Holdings, LLC hold in the aggregate 2,429,494 shares of common stock, par value $0.001 per share (the "Common Stock"), of DigitalGlobe, Inc., a Delaware corporation (the "Company"), respectively, after giving effect to the sale of the Common Stock reported in this Form 4.
  2. Cerberus Satellite LLC holds 80,000 shares of Series A Convertible Preferred Stock (the "Series A Preferred Stock") of the Company. Pursuant to the Certificate of Designations, Preferences and Rights of Series A Convertible Preferred Stock of the DigitalGlobe, Inc. (the "Certificate of Designations"), the Series A Preferred Stock is convertible at any time at the option of the holder. The Series A Preferred Stock has no expiration date. Shares of Series A Preferred Stock are convertible into such number of shares of Common Stock as is obtained by multiplying the number of shares of Series A Preferred Stock to be converted by the quotient resulting from dividing (i) $1,000 plus an amount equal to all declared but unpaid dividends and all accrued but unpaid dividends with respect to such shares of Series A Preferred Stock by (ii) the Conversion Price.
  3. The Conversion Price is $26.17, subject to certain adjustments as set forth in the Certificate of Designations. As of the filing date of this Form 4, the 80,000 shares of Series A Preferred Stock were convertible into 3,056,935 shares of Common Stock. Stephen Feinberg, through one or more entities, possesses the sole power to vote and the sole power to direct the disposition of all securities of the Company beneficially owned by Cerberus Partners II, L.P., Cerberus Series Four Holdings, LLC and Cerberus Satellite LLC. As a result, Mr. Feinberg may be deemed to beneficially own 5,486,429 shares of Common Stock, or 7.2% of the shares of Common Stock deemed issued and outstanding.