Filing Details

Accession Number:
0001013594-10-000472
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-19 13:00:00
Reporting Period:
2010-03-17
Filing Date:
2010-03-19
Accepted Time:
2010-03-19 16:11:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
911002 Lodgenet Interactive Corp LNET Communications Services, Nec (4899) 460371161
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1178179 Black Horse Capital Lp 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
No No Yes No
1341160 P L Qp Capital Horse Black 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
No No Yes No
1379459 Dale Chappell 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
No No Yes No
1379554 Black Horse Capital Management Llc 338 S. Sharon Amity Rd., #202
Charlotte NC 28211
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 Acquisiton 2010-03-17 131,356 $6.00 1,260,851 No 4 P Direct
Common Stock Acquisiton 2010-03-17 43,447 $6.00 424,719 No 4 P Direct
Common Stock Acquisiton 2010-03-17 50,197 $6.00 492,577 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
Footnotes
  1. Represents securities owned directly by Black Horse Capital LP ("Black Horse Capital Fund"). Black Horse Capital Fund additionally owns shares of the issuer's Series B Preferred Stock that is convertible into 512,698 shares of common stock.
  2. Represents securities owned directly by Black Horse Capital (QP) LP ("Black Horse QP Fund"). Black Horse QP Fund additionally owns shares of the issuer's Series B Preferred Stock that is convertible into 161,905 shares of common stock.
  3. Represents securities owned directly by Black Horse Capital Master Fund Ltd. (the "Black Horse Offshore Fund"). Black Horse Offshore Fund additionally owns shares of the issuer's Series B Preferred Stock that is convertible into 185,185 shares of common stock.
  4. Black Horse Capital Management LLC ("Black Horse Management") is the managing general partner Black Horse Capital Fund and Black Horse QP Fund and the investment manager of Black Horse Offshore Fund, and may be deemed to indirectly beneficially own the shares owned by such funds. Dale Chappell is the managing member of Black Horse Management and is deemed to indirectly beneficially own the shares of stock beneficially owned by Black Horse Management. For purposes of this Form 4, Black Horse Management and Mr. Chappell disclaim ownership of the shares of common stock owned by the funds reporting on this Form 4 except to the extent of its or his pecuniary interest therein.