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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 4

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

o Check this box if no longer
subject to Section 16.
Form 4 or Form 5
obligations may continue.
See Instruction 1(b)

1. Name and Address of Reporting
Person*
(Last, First, Middle)
2. Issuer Name and Ticker or
Trading Symbol
3. I.R.S. Identification Number of Reporting
Person, if an entity
(Voluntary)
  First Reserve GP IX, Inc.
  Quanta Services, Inc. (NYSE: PWR)
 
  One Lafayette Place
4. Statement for (Month/Day/Year) 5. If Amendment, Date of Original (Month/Day/Year)
    4/28/03
 
  (Street) 6. Relationship of Reporting Person(s) to Issuer (Check All Applicable) 7. Individual or Joint/Group Filing
(Check Applicable Line)
  Greenwich, CT 06830
(City)                (State)           (Zip)
  o  Director x  10% Owner   o Form filed by One Reporting Person
    o  Officer (give title below)   x Form filed by More than One Reporting Person
    o  Other (specify below)  
       
     

Reminder:   Report on a separate line for each class of securities beneficially owned directly or indirectly.
 
*   If the form is filed by more than one reporting person, see instruction 4(b)(v).
 

 


 


Table I — Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)
2. Transaction Date
(Month/Day/Year)
2a. Deemed Execution
Date, if any.

(Month/Day/Year)
3. Transaction Code
(Instr. 8)
4. Securities Acquired (A)
or Disposed of (D)

(Instr. 3, 4 and 5)
5. Amount of Securities
Beneficially Owned
Following Reported
Transactions(s)

(Instr. 3 and 4)
6. Ownership
Form:
Direct (D) or
Indirect (I)

(Instr. 4)
7. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

              Code V   Amount (A)
or
(D)
Price            

  Common Stock   4/28/03   J(1)   8,610   A $3.71         I   (1)

  Common Stock   4/28/03     J(1)   7,749   A $3.30         I   (1)

  Common Stock   4/28/03     J(1)   656   A $3.23         I   (1)

  Common Stock   4/28/03     J(1)   1,115,165   A $2.95         I   (1)

  Common Stock   4/28/03     J(1)   27,849   A $3.18         I   (1)

  Common Stock   4/28/03     J(1)   492   A $3.10         I   (1)

  Common Stock   4/28/03   J(1)   18,450   A $3.14         I   (1)

  Common Stock   4/28/03   J(1)   120   A $3.25         I   (1)

              42,234,410(1)      

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned
  (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative
Security

(Instr. 3)
2. Conversion or Exercise
Price of Derivative
Security
3. Transaction
Date

(Month/Day/Year)
3a. Deemed Execution
Date, if any

(Month/Day/Year)
4. Transaction
Code

(Instr. 8)
5. Number of Derivative Securities
Acquired (A) or Disposed of (D)

(Instr. 3, 4 and 5)

                      Code V   (A) (D)

             

             

             

             

             

             

             

             

             

             

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)

6. Date Exercisable and
Expiration Date

(Month/Day/Year)
7. Title and Amount
of Underlying Securities

(Instr. 3 and 4)
8. Price of Derivative
Security

(Instr. 5)
9. Number of Derivative
Securities Beneficially Owned
Following Reported Transaction(s)

(Instr. 4)
10. Ownership Form of
Derivative Security:
Direct (D) or Indirect (I)

(Instr. 4)
11. Nature of
Indirect
Beneficial
Ownership

(Instr. 4)

  Date
Exercisable
Expiration
Date
  Title Amount or
Number of
Shares
                       

                 

                 

                 

                 

                 

                 

                 

                 

                 

                 

Explanation of Responses:

(1) This Form 4 is being filed on behalf of First Reserve GP IX, Inc. ("GP IX, Inc."), First Reserve GP IX, L.P. ("GP IX, LP"), and First Reserve Fund IX, L.P. ("Fund IX"), each as 10% beneficial owners (the "Fund Entities"). GP IX, LP is the general partner of Fund IX, and GP IX, Inc. is the general partner of GP IX, LP. On April 28, 2003, Fund IX exercised its pre-emptive rights under the October 15, 2002 Investor Rights Agreement by and between Fund IX and the Issuer, and purchased the common stock as reported on this Form 4. As a result of the transactions reported on this Form 4, Fund IX is the record holder of 42,175,474 shares of Common Stock. In addition, the Fund Entities may be deemed to beneficially own 21,200 shares of Common Stock held of record by Ben A Guill, a director of the Issuer, and President of GP IX, Inc., and 37,736 shares of Common Stock held of record by Thomas Sikorski, a director of the Issuer, and Managing Director of GP IX, Inc.

(2) First Reserve GP IX, Inc. is signing for itself, as the designated filer, as well as in the capacity of general partner of First Reserve GP IX, L.P. ("GP IX, LP"). GP IX, LP is signing for First Reserve Fund IX, L.P., as its general partner. All reporting entities and persons have the same address as First Reserve GP IX, Inc.

/s/ Thomas R. Denison, Managing Director of First Reserve GP IX, Inc.(2)   4/28/03

**Signature of Reporting Person
 
Date


**   Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Note:   File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
 

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