Home/Filings/4/0001125282-05-002280
4//SEC Filing

SiVault Systems, Inc. 4

Accession 0001125282-05-002280

CIK 0001101046operating

Filed

May 1, 8:00 PM ET

Accepted

May 2, 2:55 PM ET

Size

17.5 KB

Accession

0001125282-05-002280

Insider Transaction Report

Form 4
Period: 2005-04-29
Transactions
  • Award

    Option

    2004-07-06+25,00025,000 total
    Exercise: $2.20From: 2004-07-06Exp: 2006-07-06Common (25,000 underlying)
  • Other

    Warrant

    2003-06-23+400,000400,000 total(indirect: See Footnote)
    Exercise: $2.50From: 2003-06-23Exp: 2013-06-23Common (400,000 underlying)
  • Purchase

    Common Stock

    2005-04-29$1.25/sh+4,500$5,6251,501,092 total(indirect: See Footnote)
  • Purchase

    Common Stock

    2005-04-28$1.30/sh+5,206$6,7681,496,592 total(indirect: See Footnote)
  • Purchase

    Common Stock

    2005-04-27$1.28/sh+5,206$6,6641,491,386 total(indirect: See Footnote)
  • Award

    Option

    2004-09-09+50,00050,000 total
    Exercise: $2.25From: 2004-09-09Exp: 2006-09-09Common (50,000 underlying)
  • Award

    Option

    2004-10-20+10,00010,000 total
    Exercise: $2.50From: 2004-10-20Exp: 2006-10-20Common (10,000 underlying)
Footnotes (4)
  • [F1]Also represents shares owned by Synergex Group LLC of which the Designated Reporting Person is managing member. The Designated Reporting Person directly owns 17.194% and indirectly owns through his wife and four adult children, 82.806% of the equity interest in Synergex Group LLC.
  • [F2]On April 29, 2002, the Reporting Person was granted a 2-year option to purchase 250,000 (pre-split) shares of common stock of the Issuer at an exercise price of $0.11 per share, which became exercisable as follows: (i) 125,000 shares commencing April 29, 2002; (ii) 62,500 shares commencing July 29, 2002; and (iii) 62,500 shares commencing October 29, 2002.
  • [F3]This derivative security was not acquired at a cash price.
  • [F4]On June 23, 2003, Synergex Group LLC, of which the Reporting Person is managing director, was granted a warrant to purchase 8,000,000 (pre-split) shares of common stock of the Issuer in consideration for extending a certain promissory note due to it in connection with a Merger.

Issuer

SiVault Systems, Inc.

CIK 0001101046

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001101046

Filing Metadata

Form type
4
Filed
May 1, 8:00 PM ET
Accepted
May 2, 2:55 PM ET
Size
17.5 KB