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4//SEC Filing

GROSS MURRAY H 4

Accession 0001028639-11-000006

CIK 0000844789other

Filed

Dec 29, 7:00 PM ET

Accepted

Dec 30, 12:39 PM ET

Size

9.7 KB

Accession

0001028639-11-000006

Insider Transaction Report

Form 4
Period: 2011-12-28
GROSS MURRAY H
DirectorChairman & CEO
Transactions
  • Exercise/Conversion

    Common Stock

    2011-12-28$2.51/sh+1,000$2,510543,464 total(indirect: See Footnote)
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2011-12-281,0002,334 total(indirect: See Footnote)
    Exercise: $2.51From: 2011-03-15Exp: 2020-03-15Common Stock (1,000 underlying)
  • Tax Payment

    Common Stock

    2011-12-28$6.34/sh347$2,200543,117 total(indirect: See Footnote)
Footnotes (2)
  • [F1]Mr. Gross utilized 347 shares of USHS stock which he owned and cash to pay the exercise price for the 1,000 shares. After all reported transactions, Mr. Gross owns 543,117 shares of common stock which includes 323,493 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 2,334 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 Mrs. Gross holds vested options to purchase 2,334 shares at $2.51 per share which 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 29, 7:00 PM ET
Accepted
Dec 30, 12:39 PM ET
Size
9.7 KB