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SEC Filings

S-4/A
AVALON CABLE OF MICHIGAN INC/ filed this Form S-4/A on 05/28/1999
Entire Document
 
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         SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

   The issuers are each indirectly controlled by Avalon Cable Holdings. Avalon
Cable Holdings Finance is a wholly owned subsidiary of Avalon Cable LLC. Avalon
Cable Holdings owns a controlling interest in Avalon Cable LLC. Avalon Cable of
Michigan LLC and Avalon Cable of New England LLC are wholly owned subsidiaries
of Avalon Cable LLC. Avalon Cable Finance, Inc. is a wholly owned subsidiary of
Avalon Cable Holdings Finance.

   The following table sets forth certain information regarding the beneficial
ownership of the class A units of Avalon Cable Holdings (which are the only
outstanding membership interests in Avalon Cable Holdings with voting rights)
as of May 15, 1998 by:

  . holders having beneficial ownership of more than 5% of the voting equity
    interests of Avalon Cable Holdings,

  . each manager and director of Avalon Cable Holdings and the issuers,

  . the executive officers of Avalon Cable Holdings and the issuers and

  . all such managers, directors and executive officers as a group.

   For purposes of the table:

  . "Beneficial owner" generally means any person who, directly or
    indirectly, has or shares voting or investment power with respect to a
    security. Unless otherwise indicated, we believe that each holder has
    sole voting and investment power with regard to the equity interests
    listed as beneficially owned. Percentage ownership is based on a total of
    43,202.901 units outstanding.

  . Mr. Yudkoff is the sole owner of the equity interests of ABRY Holdings
    III, Inc., the general partner of ABRY Equity Investors, L.P., the
    general partner of ABRY Broadcast Partners III, L.P. As a result, Mr.
    Yudkoff may be deemed to beneficially own the shares owned by ABRY
    Broadcast Partners III, L.P. The address of Mr. Yudkoff is the address of
    ABRY Broadcast Partners III, L.P.


<TABLE>
<CAPTION>
                                                     Beneficial Ownership
                                                   ------------------------
                                                     Number of   Percentage
      Beneficial Owner                             Class A Units Ownership
      ----------------                             ------------- ----------
      <S>                                          <C>           <C>        <C>
      ABRY Broadcast Partners III, L.P............  41,094.927     95.12%
       18 Newbury Street
       Boston, MA 02116
      David W. Unger..............................     802.658      1.86%
      Joel C. Cohen...............................     702.658      1.63%
      Peter Polimino..............................         --        --
      John F. Dee.................................         --        --
      Mark Dineen.................................         --        --
      Peter Luscombe..............................         --        --
      Jay M. Grossman.............................         --        --
      Peggy J. Koenig.............................         --        --
      Royce Yudkoff(b)............................  41,094.927     95.12%
      All managers, directors and executive
       officers as a group (9 persons)............  42,600.243     98.61%
</TABLE>


Avalon Equity Structure

   The issuers are each indirectly controlled by Avalon Cable Holdings. Avalon
Cable Holdings has three classes of equity units authorized and available for
issuance:

  . Class A units,

  . Class B units, and

  . Class C units.

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