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4//SEC Filing

GROSS MURRAY H 4

Accession 0001028639-10-000005

CIK 0000844789other

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 3:25 PM ET

Size

8.5 KB

Accession

0001028639-10-000005

Insider Transaction Report

Form 4
Period: 2010-12-22
GROSS MURRAY H
DirectorChairman & CEO
Transactions
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2010-12-22+10,00050,000 total
    Exercise: $1.85From: 2008-11-11Exp: 2018-11-11Common Stock (10,000 underlying)
  • Exercise/Conversion

    Common Stock

    2010-12-22$1.85/sh+10,000$18,500549,283 total(indirect: See Footnote.)
Footnotes (2)
  • [F1]After all reported transaction, Mr. Gross owns 549,283 shares of common stock which includes 283,793 shares held by About Face, Ltd., 200,390 shares held by BLG Partners, 15,000 owned directly by Mr. Gross, 10,000 shares held in this IRA account and includes presently execusable options to purchase 40,000 shares. About Face Ltd. is a family limited partnership, the partners of which are Mr. Gross and spouse, each of whom own a 49.5 interest in the partnership. GP About Face Ltd is the general partner and holds a 1% interest in the partnership. BLG Partners is a general partnership of which Mr. Gross and his spouse are partners. Mr. Gross has sole investment and voting power over the shares owned by both partnerships.
  • [F2]Includes vested options to purchase 40,000 shares at $1.85 per share until 11/11/2018 when the options expire. Also includes unvested options to purchase 10,000 shares at $2.51 per share. The options vest 33 1/3% on March 15, 2011 and 33 1/3% on each March 15 thereafter until 3/15/2013 when options are fully vested. The options expire on March 15, 2020.

Issuer

US HOME SYSTEMS INC

CIK 0000844789

Entity typeother

Related Parties

1
  • filerCIK 0001028639

Filing Metadata

Form type
4
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 3:25 PM ET
Size
8.5 KB