UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Kogan, Eric D.
Triarc Companies, Inc.
280 Park Avenue
New York, NY 10017
USA
2. Issuer Name and Ticker or Trading Symbol
MCM Capital Group, Inc.
MCMC
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
February 28, 2002
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
Chairman of the Board of Directors
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common Stock | | | | | | |165,587 |(D) | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Common Stock Warrant (|$0.01 |(1) |(J) | |3,573 |A |Immed|10/31|Common Stock|3,573 |$.50 |3,573 |(D)| |
right to buy) | | | | | | |. |/05 | | | | | | |
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Series A Senior Cumula|$0.50 |2/22/|(P) | |30,600 |A |Immed| |Common Stock|306,000|$5.00 |30,600 |(D)| |
tive Participating Con| |02 | | | | |. | | | | | |(2)| |
vertible Preferred Sto| | | | | | | | | | | | | | |
ck | | | | | | | | | | | | | | |
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Explanation of Responses:
(1) Represents proportionate share of warrants to purchase an aggregate of
250,000 shares of Common Stock of the Issuer that were granted to CTW Funding,
LLC ("CTW") on October 31, 2000,
March 13, 2001, March 23, 2001, June 30, 2001 and September 30, 2001 in
consideration for CTW extending a secured credit facility to a wholly-owned
subsidiary of the Issuer. The reporting
person is a member and holds a 1.4% interest in CTW. It is expected that CTW
will be dissolved within 60 days from the date of this report. The reporting
person disclaims beneficial ownership of
the warrants held by CTW, except to the extent of his 1.4%
interest.
(2) Each share of the Preferred Stock is convertible at the option of the
holder at any time into shares of the Issuer's Common Stock at a conversion
price of $0.50 per share of Common Stock,
subject to customary anti-dilution adjustments.
SIGNATURE OF REPORTING PERSON
ERIC D. KOGAN
DATE
March 11, 2002