AVP INC 3
3 · AVP INC · Filed Jul 12, 2007
Insider Transaction Report
Form 3
AVP INCAVPI
AVP Holdings, Inc.
10% Owner
Holdings
- (indirect: See Footnote)
Warrant
Exercise: $2.20Exp: 2009-06-24→ Common Stock (1,502,157 underlying) - 1,795,798(indirect: See Footnote)
Common Stock
- (indirect: See Footnote)
Stock Option
Exercise: $0.01Exp: 2001-01-01→ Common Stock (3,954,916 underlying)
Footnotes (5)
- [F1]These shares of common stock of AVP, Inc. are directly owned by Leonard Armato as of April 5, 2007. AVP Holdings, Inc. and AVP Acquisition Corp. became indirect beneficial owners of these shares when they became parties to a voting agreement with Mr. Armato dated April 5, 2007. The indirect beneficial ownership of the remaining reporting owners arose from their legal relationships to AVP Holdings, Inc. and AVP Acquisition Corp. Stephen D. Royer is a managing member of Shamrock Capital Partners II, LLC, which in turn is the sole general partner of Shamrock Capital Growth Fund II, L.P., which in turn owns a controlling equity interest in AVP Holdings, Inc., which in turn is the sole owner of AVP Acquisition Corp.
- [F2]This stock option was granted to Mr. Armato on January 1, 2000 and vested fully by January 1, 2001.
- [F3]These stock option/warrant shares are shares Leonard Armato directly has the right to acquire, as of April 5, 2007, by exercising his stock options/warrants. AVP Holdings, Inc. and AVP Acquisition Corp. became indirect beneficial owners of these shares when they became parties to a voting agreement with Mr. Armato dated April 5, 2007. The indirect beneficial ownership of the remaining reporting owners arose from their legal relationships to AVP Holdings, Inc. and AVP Acquisition Corp. Stephen D. Royer is a managing member of Shamrock Capital Partners II, LLC, which in turn is the sole general partner of Shamrock Capital Growth Fund II, L.P., which in turn owns a controlling equity interest in AVP Holdings, Inc., which in turn is the sole owner of AVP Acquisition Corp.
- [F4]This stock option was granted to Mr. Armato on September 1, 2003 and vested fully by February 28, 2005.
- [F5]This warrant was granted to Mr. Armato on June 24, 2005 and was immediately exercisable on that date.