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4//SEC Filing

Vyteris Holdings (Nevada), Inc. 4

Accession 0001082504-05-000074

CIK 0001139950operating

Filed

Sep 11, 8:00 PM ET

Accepted

Sep 12, 11:43 AM ET

Size

11.7 KB

Accession

0001082504-05-000074

Insider Transaction Report

Form 4
Period: 2005-09-11
Transactions
  • Other

    Warrants

    2005-09-11+25,98425,984 total(indirect: See Note)
    Exercise: $3.58From: 2005-09-11Exp: 2010-09-11Common Stock (25,984 underlying)
  • Other

    Warrants

    2005-09-11+3,7503,750 total(indirect: See Note)
    Exercise: $3.58From: 2005-07-13Exp: 2010-07-13Common Stock (3,750 underlying)
  • Other

    Warrants

    2005-09-11+3,7853,785 total(indirect: See Note)
    Exercise: $3.58From: 2005-08-12Exp: 2010-08-12Common Stock (3,785 underlying)
Footnotes (3)
  • [F1]The warrants were acquired pursuant to the terms of a working capital credit facility (the "Credit Facility") in partial consideration for the extension of credit on July 13, 2005 to the Issuer under the Credit Facility. While the Reporting Person is reporting this transaction for purposes of Section 16(a) of Securities Exchange Act of 1934 (the "Act"), the Reporting Person believes that this transaction is not subject to Section 16(b) of the Act.
  • [F2]Held by Spencer Trask Specialty Group, LLC, a Delaware limited liability company, of which the Reporting Person is the non-member manager and indirectly the principal owner.
  • [F3]The acquisition of these warrants was previously reported in connection with the extension of credit to the Issuer under the Credit Facility. Under the terms of the Credit Facility, the exercise price of the warrants was automatically adjusted from $4.00 per share to $3.58 per share. While the Reporting Person is reporting this transaction, he does not concede that such reporting is required by Section 16(a) of the Act; moreover, the Reporting Person believes that this transaction is not subject to Section 16(b) of the Act.

Issuer

Vyteris Holdings (Nevada), Inc.

CIK 0001139950

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001139950

Filing Metadata

Form type
4
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 11:43 AM ET
Size
11.7 KB