UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Series B-1 Preferred Stock | Â (2) | Â (2) | Series B-1 Preferred Stock | 48,158 | $ 1.1375 | I | See F1 (1) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PETERSON KENNETH D JR C/O PAC-WEST TELECOMM, INC 1776 W. MARCH LANE, SUITE 250 STOCKTON, CA 95207 |
 X |  X |  |  |
COLUMBIA VENTURES CORP X1Â |
 |  X |  |  |
Pac-West Acquisition CO LLC X1Â |
 |  X |  |  |
/s/ Kenneth D. Peterson, Jr. by Michael L. Sarina, Attorney-In-Fact | 11/30/2006 | |
**Signature of Reporting Person | Date | |
/s/ Kenneth D. Peterson, Jr., Columbia Ventures Corporation, Chairman and Chief Executive Officer, by Michael L. Sarina, Attorney-In-Fact | 11/30/2006 | |
**Signature of Reporting Person | Date | |
/s/ Kenneth D. Peterson, Jr., Pac-West Acquisition Company LLC, Manager, by Michael L. Sarina, Attorney-In-Fact | 11/30/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Series B-1 Preferred Stock identified in Table II above (the ?Reported Securities?) is owned beneficially directly by Pac-West Acquisition Company LLC, which is a wholly owned subsidiary of Columbia Ventures Corporation (?CVC?). Mr. Peterson owns all of the outstanding common stock of CVC and has investment and voting control over securities held directly and indirectly by CVC. Accordingly, CVC and Mr. Peterson are indirect beneficial owners of the Reported Securities. |
(2) | Each share of the Reported Securities is initially convertible into 1,000 shares of common stock of Pac-West Telecomm, Inc. (the ?Issuer?), subject to adjustment in certain instances. The Reported Securities are convertible in whole or in part at any time to the extent requisite regulatory approvals have been received to permit such conversion and have no expiration date. |