ROCHON WILLIAM JOHN PHILIP 4/A
4/A · Computer Vision Systems Laboratories Corp. · Filed Jan 15, 2013
Insider Transaction Report
Form 4/AAmended
ROCHON WILLIAM JOHN PHILIP
Director10% Owner
Transactions
- Gift
Common Stock
2012-12-31+24,750,000→ 24,750,000 total(indirect: See Footnotes)
Footnotes (3)
- [F1]This Amendment to Form 4 (this "Amendment") is being filed to correct the number of shares of common stock of Computer Vision Systems Laboratories, Corp. (the "Issuer") reported as beneficially owned by John Rochon Jr., as the sole trustee of The William John Philip Rochon 2010 Dynasty Trust (the "Rochon Trust"), in the Form 4 filed with the Securities and Exchange Commission on January 3, 2013 (the "Original Form 4"). The Original Form 4 contained a mathematical error and should have reported, and this Amendment is being filed to report, that the Rochon Trust acquired 24,750,000 shares of common stock, and that John Rochon Jr., as the sole trustee of the Rochon Trust, may be deemed to have acquired beneficial ownership of 24,750,000 shares of common stock, in each case, on December 31, 2012.
- [F2]On December 31, 2012, (i) John P. Rochon transferred by gift 19,750,000 shares of the common stock of the Issuer to the Rochon Trust and (ii) Donna Rochon, John P. Rochon's spouse, transferred by gift 5,000,000 shares of the common stock of the Issuer to the Rochon Trust.
- [F3]In addition to the 24,750,000 shares referenced in footnote (2), as reported in a previous Form 4, John Rochon Jr. may be deemed the beneficial owner of the number of shares of the Issuer's common stock into which a Convertible Subordinated Unsecured Promissory Note in the original principal amount of $20,000,000, bearing interest at the annual rate of 4% (the "Note"), is convertible. The Note is held by Richmont Capital Partners V LP (the "Partnership"). John Rochon Jr. is the 100% owner, and is in control, of Richmont Street LLC, the sole general partner of the Partnership.