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4//SEC Filing

BOPP WILLIAM C 4

Accession 0001019687-12-003074

CIK 0001065754other

Filed

Aug 29, 8:00 PM ET

Accepted

Aug 30, 5:22 PM ET

Size

12.8 KB

Accession

0001019687-12-003074

Insider Transaction Report

Form 4
Period: 2012-08-28
BOPP WILLIAM C
DirectorCEO10% Owner
Transactions
  • Exercise/Conversion

    Common Stock

    2012-08-28$0.18/sh+3,140,891$565,36012,663,618 total
  • Exercise/Conversion

    Warrants

    2012-08-289,800,0241,965,768 total
    Exercise: $0.18From: 2008-01-04Exp: 2013-01-03Common Stock (9,800,024 underlying)
  • Exercise/Conversion

    Warrants

    2012-08-281,965,7680 total
    Exercise: $0.18From: 2008-01-04Exp: 2013-01-03Common Stock (1,965,768 underlying)
  • Exercise/Conversion

    Common Stock

    2012-08-28$0.18/sh+630,025$113,40513,293,643 total
Holdings
  • Stock Options (right to buy)

    Common Stock (187,500 underlying)
    187,500
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.

Issuer

VIKING SYSTEMS INC

CIK 0001065754

Entity typeother

Related Parties

1
  • filerCIK 0001217303

Filing Metadata

Form type
4
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 5:22 PM ET
Size
12.8 KB