4//SEC Filing
OMNICOMM SYSTEMS INC 4
Accession 0000911420-05-000100
CIK 0001034592operating
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 2:59 PM ET
Size
8.8 KB
Accession
0000911420-05-000100
Insider Transaction Report
Form 4
OMNICOMM SYSTEMS INCOMCM.OB
COMVEST VENTURE PARTNERS LP
10% Owner
Transactions
- Sale
Common Stock, par value $.001 per share
2005-02-16$0.19/sh−800,000$152,000→ 4,817,120 total
FALK MICHAEL
10% Owner
Transactions
- Sale
Common Stock, par value $.001 per share
2005-02-16$0.19/sh−800,000$152,000→ 4,817,120 total
Footnotes (4)
- [F1]On the date hereof, the Reporting Person has a direct beneficial ownership interest in 3,904,000 shares of Common Stock, consisting of: (a) 11,300 shares of Series B Preferred Stock (convertible into 452,000 shares of Common Stock); and (b) Warrants to purchase 3,452,000 shares of Common Stock.
- [F2]On the date hereof, ComVest Management, LLC ("ComVest Management") has an indirect beneficial ownership interest in 3,904,000 shares of Common Stock, which are directly beneficially owned by the Reporting Person, which ComVest Management may be deemed to beneficially own by virtue of the fact that it is the general partner of the Reporting Person, consisting of: (a) 11,300 shares of Series B Preferred Stock (convertible into 452,000 shares of Common Stock); and (b) Warrants to purchase 3,452,000 shares of Common Stock.
- [F3]On the date hereof, Commonwealth Associates Group Holdings, LLC ("CAGH") has an indirect beneficial ownership interest in 3,904,000 shares of Common Stock, which are directly beneficially owned by the Reporting Person, which CAGH may be deemed to beneficially own by virtue of the fact that it is the sole member of ComVest Management, general partner of the Reporting Person, consisting of: (a) 11,300 shares of Series B Preferred Stock (convertible into 452,000 shares of Common Stock); and (b) Warrants to purchase 3,452,000 shares of Common Stock.
- [F4]On the date hereof, Michael Falk ("Falk") has (i) an indirect beneficial ownership interest in 3,904,000 shares of Common Stock, which are directly beneficially owned by the Reporting Person, which Falk may be deemed to beneficially own by virtue of the fact that he is the Chairman and principal member of CAGH; (ii) a direct beneficial ownership interest in 251,200 shares of Common Stock; and (iii) an indirect beneficial ownership interest in 661,920 shares of Common Stock, which are directly beneficially owned by Commonwealth Associates Liquidation, LLC ("CAL"), which Falk may be deemed to beneficially own by virtue of the fact that Falk is the principal stockholder of Commonwealth Associates Management Company, Inc. (the managing member of CAL), each beneficial ownership interest consisting of Common Stock, Series B Preferred Stock convertible into Common Stock and Warrants to purchase Common Stock.
Documents
Issuer
OMNICOMM SYSTEMS INC
CIK 0001034592
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001034592
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 2:59 PM ET
- Size
- 8.8 KB