SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): May 2, 2001 McLeodUSA INCORPORATED (Exact name of registrant as specified in its charter) Delaware 0-20763 42-1407240 (State or Other) (Commission (IRS Employer Jurisdiction of Incorporation) File Number) Identification Number) McLeodUSA Technology Park 6400 C Street S.W., P.O. Box 3177 Cedar Rapids, IA 52406-3177 (Address of Principal (Zip Code) Executive Offices) Registrant's telephone number, including area code: (319)790-7800 INFORMATION TO BE INCLUDED IN THE REPORT Item 5. Other Events McLeodUSA recently made available a press release dated May 2, 2001 which reported the sale of PCS licenses. This press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. McLeodUSA recently made available a press release dated May 2, 2001 which reported first quarter 2001 results. This press release is attached as Exhibit 99.2 to this Current Report on Form 8-K and incorporated herein by reference. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. Description. ------------ (c) Exhibits. 99.1 May 2, 2001 Press Release re McLeodUSA sale of PCS licenses. 99.2 May 2, 2001 Press Release re McLeodUSA first quarter 2001 results. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 4, 2001 McLEODUSA INCORPORATED By: /s/ Randall Rings ------------------------------- Randall Rings Group Vice President, Secretary and Chief Legal Officer EXHIBIT INDEX 99.1 May 2, 2001 Press Release re McLeodUSA sale of PCS licenses. 99.2 May 2, 2001 Press Release re McLeodUSA first quarter 2001 results.