Home/Filings/4/0001019056-10-000049
4//SEC Filing

BENOWITZ ADAM 4

Accession 0001019056-10-000049

CIK 0001231339other

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 3:58 PM ET

Size

16.3 KB

Accession

0001019056-10-000049

Insider Transaction Report

Form 4
Period: 2010-01-08
Transactions
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+76,898825,784 total(indirect: By Vision Capital Advantage Fund, L.P.)
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+260,1832,794,004 total(indirect: By Vision Opportunity Master Fund, Ltd.)
WALL CHRISTOPHER HAROLD
Director10% Owner
Transactions
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+76,898825,784 total(indirect: By Vision Capital Advantage Fund, L.P.)
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+260,1832,794,004 total(indirect: By Vision Opportunity Master Fund, Ltd.)
Transactions
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+260,1832,794,004 total(indirect: By Vision Opportunity Master Fund, Ltd.)
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+76,898825,784 total(indirect: By Vision Capital Advantage Fund, L.P.)
BENOWITZ ADAM
Director10% Owner
Transactions
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+260,1832,794,004 total(indirect: By Vision Opportunity Master Fund, Ltd.)
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+76,898825,784 total(indirect: By Vision Capital Advantage Fund, L.P.)
Transactions
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+260,1832,794,004 total(indirect: By Vision Opportunity Master Fund, Ltd.)
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+76,898825,784 total(indirect: By Vision Capital Advantage Fund, L.P.)
VCAF GP, LLC
Director10% Owner
Transactions
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+260,1832,794,004 total(indirect: By Vision Opportunity Master Fund, Ltd.)
  • Other

    Common Stock ($0.0001 par value)

    2010-01-08+76,898825,784 total(indirect: By Vision Capital Advantage Fund, L.P.)
Footnotes (3)
  • [F1]Vision Capital Advisors, LLC (the "Investment Manager") serves as investment manager to Vision Opportunity Master Fund, Ltd. (the "Fund"), the direct owner of the subject securities. Adam Benowitz is the Managing Member of the Investment Manager and a Director of the Fund. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or for any other purpose.
  • [F2]VCAF GP, LLC (the "General Partner") serves as general partner of Vision Capital Advantage Fund, L.P. ("VCAF"), the direct owner of the subject securities. The Investment Manager is the investment manager of VCAF designated by the General Partner. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Exchange Act or for any other purpose.
  • [F3]These shares of Common Stock were received on January 8, 2010 pursuant to the payment of dividends due on December 31, 2009 on the Issuer's Series A Convertible Preferred Stock, Series B Convertible Preferred Stock and Series C Convertible Preferred Stock owned by the Fund and VCAF.

Issuer

OCEAN SMART, INC.

CIK 0001231339

Entity typeother

Related Parties

1
  • filerCIK 0001411963

Filing Metadata

Form type
4
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 3:58 PM ET
Size
16.3 KB