4//SEC Filing
RYAN KEVIN J 4
Accession 0001108951-05-000016
CIK 0001108951other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 5:44 PM ET
Size
11.4 KB
Accession
0001108951-05-000016
Insider Transaction Report
Form 4
RYAN KEVIN J
Director
Transactions
- Conversion
Common Stock
2005-06-29$0.95/sh+631,579$600,000→ 1,464,391 total
Holdings
- 903,614
Common Stock Warrant (Right to Buy)
Exercise: $0.83Exp: 2011-04-15→ Common Stock (903,614 underlying) - 3,667,453(indirect: by Corporation)
Common Stock
- 68,196(indirect: By Trust)
Common Stock
- 6,000
Non-Qualified Stock Option (right to buy)
Exercise: $1.74Exp: 2012-05-12→ Common Stock (6,000 underlying)
Footnotes (6)
- [F1]The Reporting Person exercised his right to convert the Convertible Promissory Note dated March 3, 2005.
- [F2]Shares are held by Technology Directors II, LLC ("TDII") of which, Reporting Person is a Managing Member. Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in TDII.
- [F3]Shares are held by the Ryan Family Trust, of whick Reporting Person is trustee.
- [F4]The reporting person entered into a Note and Warrant Purchase Agreement by and among the reporting person, the Issuer and its wholly owned subsidiary, Predictive Diagnoistics, Inc. ("PDI"), under which the reporting person has the right to purchase either (a) up to 903,614 shares of the Issuer's Common Stock at an exercise price of $0.83 per share or (b) shares of PDI's Capital Stock as described in such agreement.
- [F5]Immediately Exercisable
- [F6]Options are immediately exercisable, but vest in four equal quarterly installments over one year measured from the grant date. Any unvested shares purchased under the option are subject to repurchase by LSBC at the exercise price paid by Reporting Person upon cessation of his service on the Board of Directors prior to vesting in those shares.
Documents
Issuer
LARGE SCALE BIOLOGY CORP
CIK 0001108951
Entity typeother
Related Parties
1- filerCIK 0001220264
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 5:44 PM ET
- Size
- 11.4 KB