BOPP WILLIAM C 4
4 · VIKING SYSTEMS INC · Filed Aug 30, 2012
Insider Transaction Report
Form 4
BOPP WILLIAM C
DirectorCEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2012-08-28$0.18/sh+3,140,891$565,360→ 12,663,618 total - Exercise/Conversion
Warrants
2012-08-28−9,800,024→ 1,965,768 totalExercise: $0.18From: 2008-01-04Exp: 2013-01-03→ Common Stock (9,800,024 underlying) - Exercise/Conversion
Warrants
2012-08-28−1,965,768→ 0 totalExercise: $0.18From: 2008-01-04Exp: 2013-01-03→ Common Stock (1,965,768 underlying) - Exercise/Conversion
Common Stock
2012-08-28$0.18/sh+630,025$113,405→ 13,293,643 total
Holdings
- 187,500
Stock Options (right to buy)
→ Common Stock (187,500 underlying)
Footnotes (5)
- [F1]The transaction in Table I is a cashless exercise of the warrants disposed of in Table II on that same date.
- [F2]The transaction in Table I is a cashless exercise of the warrants disposed of in Table II on that same date.
- [F3]The calculation of the number of shares to be issued under the cashless exercise mechanism was based on the fair market value of the common stock using the VWAP on the trading day immediately preceding the Transaction Date ($0.2649) less the exercise price of $0.18 multiplied by the number of shares of the respective warrant. The transactions reported in Table II above reflect the disposition of the same warrants whose cashless exercise is disclosed in Table I above. The number of derivative securities owned after the transactions reported in column 9 of Table II above includes only stock options.
- [F4]These options were granted by the Issuer as compensation for services as an outside director.
- [F5]Not applicable.