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Itc Holding Co Inc, et al. – ‘SC 13D’ on 2/15/00 re: Earthlink Network Inc

On:  Tuesday, 2/15/00   ·   Accession #:  950133-0-550   ·   File #:  5-48293

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/15/00  Itc Holding Co Inc                SC 13D                 2:23K  Earthlink Network Inc             Bowne - DC/FA
          Itc Holding Co Inc
          Itc Service Company

General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      General Statement of Beneficial Ownership             10     51K 
 2: EX-99.1     Joint Filing Agreement                                 1      6K 


SC 13D   —   General Statement of Beneficial Ownership
Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
4Item 1. Security and Issuer
"Item 2. Identity and Background
5Item 3. Source and Amount of Funds or Other Consideration
"Item 4. Purpose of Transaction
"Item 5. Interest in Securities of the Issuer
"Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
"Item 7. Material to be Filed as Exhibits
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---------------------------- OMB APPROVAL ---------------------------- UNITED STATES OMB Number: 3235-0145 SECURITIES AND EXCHANGE COMMISSION Expires: December 31, WASHINGTON, D.C. 20549 1997 Estimated average burden hours per form . . . . 14.90 SCHEDULE 13D ---------------------------- UNDER THE SECURITIES EXCHANGE ACT OF 1934 EarthLink, Inc. ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share ------------------------------------------------------------------------------- (Title of Class of Securities) 270321 10 2 ------------------------------------------ (CUSIP Number) Kimberley E. Thompson, c/o ITC Holding Company, Inc., 1239 O.G. Skinner Drive, ------------------------------------------------------------------------------- West Point, GA 31833 (706) 645-8139 ----------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 4, 2000 --------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e) through (g), check the following box. [ ] NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
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SCHEDULE 13D [Enlarge/Download Table] --------------------- --------------------------- CUSIP No. 270321 10 2 Page 2 of 10 Pages ----------- --- ---- --------------------- --------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ITC Holding Company, Inc. ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] N/A (b) [ ] ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------------------------------------------------------------- SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 10,648,134 ------------------------------------------------------------------------------------------------------- EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 10,648,134 ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,648,134 ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.1% ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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SCHEDULE 13D [Enlarge/Download Table] --------------------------- ------------------------------- CUSIP No. 270321 10 2 Page 3 of 10 Pages ----------- ----- ------ --------------------------- ------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ITC Service Company ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] N/A (b) [ ] ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ----------------------------------------------------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF -0- ------------------------------------------------------------------------------------------------------- SHARES BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 10,648,134 ------------------------------------------------------------------------------------------------------- EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON -0- ------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER WITH 10,648,134 ---------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,648,134 ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.1% ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO ----------------------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
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------------------------- ------------------------------- CUSIP No. 270321 10 2 Page 4 of 10 Pages ------------------------- ------------------------------ Item 1. Security and Issuer This statement relates to the Common Stock, par value $.01 per share (the "Common Stock"), of EarthLink, Inc., a Delaware corporation, whose principal offices are located 1430 West Peachtree, Suite 400, Atlanta, Georgia 30309. Item 2. Identity and Background ITC Service Company ("ITC Service"), a Delaware corporation and an indirect wholly-owned subsidiary of ITC Holding Company, Inc., a Delaware corporation ("ITC Holding"), directly beneficially owns the Common Stock reported herein, and ITC Holding indirectly beneficially owns such Common Stock. ITC Holding and ITC Service are referred to collectively as the "Reporting Persons." ITC Service provides management services to all entities wholly owned by ITC Holding and provides management consulting to other entities in which ITC Holdings holds an interest. The business address of ITC Service is 1239 O.G. Skinner Drive, West Point, Georgia 31833. During the last five years, ITC Service has not been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws. Attached as Appendix I hereto and incorporated herein by reference is a list containing the (a) name, (b) business or residential address, and (c) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, of each director and executive officer of ITC Service. To the knowledge of ITC Service, each of the directors and executive officers listed on Appendix I hereto is a United States citizen, and none of such directors and executive officers has, during the past five years, been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ITC Holding is a holding company engaged through subsidiaries and other ownership interests in a variety of service businesses, primarily in the telecommunications industry. The business address of ITC Holding is 1239 O.G. Skinner Drive, West Point, Georgia 31833. During the last five years, ITC Holding has not been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws. Attached as Appendix II hereto and incorporated herein by reference is a list containing the (a) name, (b) business or residential address, and (c) present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted, of each director and executive officer of ITC Holding. To the knowledge of ITC Holding, each of the directors and executive officers listed on Appendix II hereto is a United States citizen, and none of such directors and executive officers has, during the past five years, been (i) convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
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---------------------- ------------------------------ CUSIP No. 270321 10 2 Page 5 of 10 Pages ---------------------- ------------------------------ Item 3. Source and Amount of Funds or Other Consideration On February 4, 2000, the business combination (the "Merger") of EarthLink Network, Inc., a Delaware corporation ("EarthLink"), and MindSpring Enterprises, Inc., a Delaware corporation ("MindSpring"), was consummated in accordance with the terms of an Agreement and Plan of Reorganization, dated as of September 22, 1999 (the "Agreement"), by and between EarthLink, MindSpring and WWW Holdings, Inc., a Delaware corporation ("Newco"). In the Merger, shares of EarthLink's common stock and MindSpring's common stock each converted into shares of Newco's common stock in accordance with the terms of the Agreement and Newco, as the surviving corporation, changed its name to EarthLink, Inc. (the "Company"). As a result of the Merger, the Reporting Persons, which prior to the Merger were beneficial owners of shares of MindSpring's common stock, became beneficial owners of shares of the Company's Common Stock. Item 4. Purpose of Transaction The Reporting Persons acquired and held MindSpring's common stock, which converted into the Company's Common Stock as described in Item 3 above, for investment purposes. The Reporting Persons have no present plans or proposals that relate to or would result in any of the actions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Item 5. Interest in Securities of the Issuer (a) As of the date of this report, the Reporting Persons beneficially own an aggregate of 10,648,134 shares of the Company's Common Stock which represents approximately 9.1% of the 116.8 million shares of the Company's Common Stock outstanding as of February 4, 2000. (b) The Reporting Persons share power to vote (or to direct vote) and to dispose (or to direct the disposition) of the entire number of shares reported as beneficially owned by the Reporting Persons. (c) Other than the transactions described in Item 3, the Reporting Persons have not, during the past 60 days, effected any Common Stock transactions. (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Not applicable. Item 7. Material to be Filed as Exhibits The following document is filed herewith as an exhibit to this statement: (a) Joint Filing Agreement.
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---------------------- ------------------------------ CUSIP No. 270321 10 2 Page 6 of 10 Pages ---------------------- ------------------------------ Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2000 ITC HOLDING COMPANY, INC. /s/ Kimberley E. Thompson ------------------------------------------- By: Kimberley E. Thompson Title: Senior Vice President - General Counsel and Secretary ITC SERVICE COMPANY /s/ Kimberley E. Thompson ------------------------------------------- By: Kimberley E. Thompson Title: Senior Vice President - General Counsel and Secretary
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---------------------- ------------------------------ CUSIP No. 270321 10 2 Page 7 of 10 Pages ---------------------- ------------------------------ APPENDIX I OFFICERS AND DIRECTORS OF ITC SERVICE COMPANY [Download Table] NAME OF DIRECTOR OR EXECUTIVE OFFICER PRINCIPAL OCCUPATION AND BUSINESS ADDRESS OR EMPLOYMENT -------------------- -------------------- Campbell B. Lanier, III Chairman and Chief Executive Officer c/o ITC Service Company ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 William H. Scott, III Chief Operating Officer and President c/o ITC Service Company ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 Bryan W. Adams Senior Vice President - Chief Financial Officer c/o ITC Service Company ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 Kimberley E. Thompson Senior Vice President - General Counsel and c/o ITC Service Company Secretary 1239 O.G. Skinner Drive ITC Holding Company, Inc. West Point, Georgia 31833 George M. Miller, II Senior Vice President - Corporate Development c/o ITC Service Company ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 Dabsey M. Gray Vice President, Controller and c/o ITC Service Company Assistant Secretary 1239 O.G. Skinner Drive ITC Holding Company, Inc. West Point, Georgia 31833
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---------------------- ------------------------------ CUSIP No. 270321 10 2 Page 8 of 10 Pages ---------------------- ------------------------------ APPENDIX II OFFICERS AND DIRECTORS OF ITC HOLDING, INC. [Download Table] NAME OF DIRECTOR OR EXECUTIVE OFFICER PRINCIPAL OCCUPATION AND BUSINESS ADDRESS OR EMPLOYMENT -------------------- -------------------- Campbell B. Lanier, III Chairman and Chief Executive Officer c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 William H. Scott, III Chief Operating Officer and President c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 Bryan W. Adams Senior Vice President - Chief Financial Officer c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 Kimberley E. Thompson Senior Vice President - General Counsel and c/o ITC Holding Company, Inc. Secretary 1239 O.G. Skinner Drive ITC Holding Company, Inc. West Point, Georgia 31833 George M. Miller, II Senior Vice President - Corporate Development c/o ITC Service Company ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 Dabsey M. Gray Vice President, Controller and Assistant Secretary c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 Allen E. Smith Vice President c/o ITC Holding Company, Inc. ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833
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---------------------- ------------------------------ CUSIP No. 270321 10 2 Page 9 of 10 Pages ---------------------- ------------------------------ [Download Table] J. Smith Lanier, II, Director Chairman and Chief Executive Officer c/o ITC Holding Company, Inc. J. Smith Lanier & Co. 1239 O.G. Skinner Drive West Point, Georgia 31833 William T. Parr, Director Vice Chairman c/o ITC Holding Company, Inc. J. Smith Lanier & Co. 1239 O.G. Skinner Drive West Point, Georgia 31833 Malcolm C. Davenport, V, Director Certified Public Accountant and c/o ITC Holding Company, Inc. Attorney 1239 O.G. Skinner Drive West Point, Georgia 31833 Donald W. Weber, Director Entrepreneur and Consultant c/o ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 O. Gene Gabbard, Director Entrepreneur and Consultant c/o ITC Holding Company, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833 William B. Timmerman, Director Chairman and Chief Executive Officer c/o ITC Holding Company, Inc. SCANA Corporation 1239 O.G. Skinner Drive West Point, Georgia 31833 Donald W. Burton, Director President c/o ITC Holding Company, Inc. South Atlantic Capital Corporation 1239 O.G. Skinner Drive West Point, Georgia 31833 Robert A. Dolson, Director Chairman and President c/o ITC Holding Company, Inc. National Enterprises, Inc. 1239 O.G. Skinner Drive West Point, Georgia 31833
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---------------------- ------------------------------ CUSIP No. 270321 10 2 Page 10 of 10 Pages ---------------------- ------------------------------ SCHEDULE 13D EXHIBIT INDEX Exhibit 99.1 Joint Filing Agreement

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘SC 13D’ Filing    Date First  Last      Other Filings
Filed on:2/15/00
2/14/006SC 13G
2/4/0015
9/22/995
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