VASOMEDICAL, INC 4
4 · VASOMEDICAL, INC · Filed Jul 6, 2016
Insider Transaction Report
Form 4
VASOMEDICAL, INCVASO.PK
SRYBNIK SIMON
Director10% Owner
Transactions
- Award
Common Stock
2016-07-05+150,000→ 12,209.025 total
Holdings
- 25,714,286(indirect: By Kerns Manufacturing Corp.)
Common Stock
- 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 (6)
- [F1]The reporting person and the Estate of his brother Louis Srybnik each own 35% of the outstanding shares of Living Data Technology Corp. The reporting person, accordingly, shares with the Estate of 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 the Estate of his brother Louis Srybnik are the sole shareholders of Kerns Manufacturing Corp., each owning 50% of the shares. The reporting person, accordingly, shares with the Estate of 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]4,285,714 shares represent common stock issued upon exercise of Warrant issued on June 21, 2007 to Kerns Manufacturing Corp.
- [F5]Restricted shares of which 50,000 vest immediately with the remaining shares contingently vesting as follows: 50,000 on July 5, 2017 and 50,000 on July 5, 2018.
- [F6]Options vest immediately.