SRYBNIK SIMON 4
4 · VASOMEDICAL INC · Filed Mar 16, 2012
Insider Transaction Report
Form 4
VASOMEDICAL INCVASO.PK
SRYBNIK SIMON
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2012-03-13$0.08/sh+4,285,714$342,857→ 25,714,286 total(indirect: By Kerns Manufacturing Corp.)
Holdings
- 150,000
2004 Stock Option/Stock Issuance Plan
Exercise: $0.12Exp: 2017-07-25→ Common Stock (150,000 underlying) - 12,059,025
Common Stock
- 17,815,007(indirect: By Living Data Technology Corporation)
Common Stock
Footnotes (5)
- [F1]The reporting person and his brother Louis Srybnik are the sole directors and officers of the record holder of these shares. They also each own 35% of the outstanding shares of the record holder. The reporting person, accordingly, shares with his brother voting and dispositive powers over these shares and, as a result, may be deemed to be the co-beneficial owner thereof.
- [F2]The reporting person and his brother Louis Srybnik are the sole directors and the Chairman of the Board and the President, respectively, of the record holder of these shares. They also are the sole shareholder of the record holder, each holding 50% of the shares. The reporting person, accordingly, shares with his brother voting and dispositive powers over the shares and, as a result, may be deemed to be the co-beneficial owner thereof.
- [F3]Includes 11,460,900 shares issued upon conversion of Series E Convertible Preferred Stock.
- [F4]Exercise of Warrant issued on June 21, 2007 to Kerns Manufacturing Corp.
- [F5]Options vest immediately.