GROSS MURRAY H 4
4 · US HOME SYSTEMS INC · Filed Dec 29, 2011
Insider Transaction Report
Form 4
GROSS MURRAY H
DirectorChairman & CEO
Transactions
- Exercise/Conversion
Common Stock
2011-12-27$1.85/sh+40,000$74,000→ 555,117 total(indirect: See Footnote) - Exercise/Conversion
Employee Stock Option (right to buy)
2011-12-27−40,000→ 3,334 total(indirect: See Footnote)Exercise: $1.85From: 2010-11-11Exp: 2018-11-11→ Common Stock (40,000 underlying) - Tax Payment
Common Stock
2011-12-27$6.35/sh−11,653$73,997→ 543,464 total(indirect: See Footnote)
Footnotes (2)
- [F1]After all reported transactions, Mr. Gross owns 543,464 shares of common stock which includes 322,840 shares held by About Face, Ltd., 189,690 shares held by BLG Partners, 13,600 owned directly by Mr. Gross, 14,000 shares held in his IRA account and includes presently exercisable options to purchase 3,334 shares. About Face, Ltd. Is a family limited partnership, the partners of which are Mr. Gross and spouse, each of whom own a 49% 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]After this transaction, Mr. Gross holds vested options to purchase 3,334 shares at $2.51 per share which expire on March 15, 2020.