4//SEC Filing
XYBERNAUT CORP 4
Accession 0000910680-04-001263
CIK 0001013148operating
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 3:46 PM ET
Size
15.5 KB
Accession
0000910680-04-001263
Insider Transaction Report
Form 4
XYBERNAUT CORPXYBR
NEWMAN EDWARD G
DirectorCEO and Chairman
Transactions
- Sale
Common Stock, $.01 par value
2004-11-16$1.09/sh−50,000$54,500→ 885,750 total(indirect: See Footnotes)
Holdings
- 300,000
Options to Purchase Common Stock, $.01 par value per share
Exercise: $0.51Exp: 2013-04-29→ Common Stock (300,000 underlying) - 50,000
Options to Purchase Common Stock, $.01 par value per share
Exercise: $1.58From: 2004-12-11Exp: 2013-12-11→ Common Stock (50,000 underlying) - 500(indirect: See Footnote)
Options to Purchase Common Stock, $.01 par value per share
Exercise: $8.94Exp: 2010-05-10→ Common Stock (500 underlying) - 903,245
Common Stock, $.01 par value
Footnotes (12)
- [F1]Includes 1,765 shares owned as joint tenants between the Reporting Person and his wife.
- [F10]Consists of options to purchase shares of common stock owned by the Reporting Person's son, who is an employee of the Company.
- [F11]200 currently exercisable, vests as to 100 shares on each of February 21, 2005, 2006 and 2007.
- [F12]Immediately exercisable.
- [F2]Sold by the Reporting Person's wife. The Reporting Person disclaims beneficial ownership of all securities owned by his wife and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- [F3]Includes 200,000 shares owned by an irrevocable trust established by the Reporting Person for the benefit of his children. The Reporting Person disclaims beneficial ownership of all securities owned by his children and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- [F4]Includes shares owned by the Reporting Person's wife. The Reporting Person's wife owned 668,950 shares prior to the transactions listed in this Form 4, which number of shares was reduced by the listed transactions. The Reporting Person's wife currently owns 618,950 shares. The Reporting Person disclaims beneficial ownership of all securities owned by his wife and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- [F5]Includes 9,000 shares owned by an irrevocable trust established by Dr. Steven A. Newman for which the Reporting Person is trustee.
- [F6]Includes 28,900 shares beneficially owned by an irrevocable trust established by the Reporting Person for the benefit of his sister. The Reporting Person disclaims beneficial ownership of all securities owned by his sister and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- [F7]Includes 28,900 shares beneficially owned by an irrevocable trust established by the Reporting Person for the benefit of his mother. The Reporting Person disclaims beneficial ownership of all securities owned by his mother and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- [F8]150,000 share are currently exercisable, vests as to 150,000 shares on December 31, 2004.
- [F9]400 currently exercisable, vests as to 100 shares on May 10, 2005.
Documents
Issuer
XYBERNAUT CORP
CIK 0001013148
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001013148
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 3:46 PM ET
- Size
- 15.5 KB