4//SEC Filing
CHAI TRUST CO LLC 4
Accession 0001177254-04-000042
CIK 0000225868other
Filed
Sep 21, 8:00 PM ET
Accepted
Sep 22, 2:15 PM ET
Size
16.3 KB
Accession
0001177254-04-000042
Insider Transaction Report
Form 4
ROBOTIC VISION SYSTEMS INCROBV.OB
EGI FUND 02 04 INVESTORS LLC
10% Owner
Transactions
- Exercise of In-Money
Common Stock, $0.01 par value
2004-09-20$0.01/sh+200,000$2,000→ 2,678,490 total(indirect: As Member and as Managing Member) - Purchase
Common Stock Warrant
2004-09-20+200,000→ 200,000 total(indirect: As Member and as Managing Member)Exercise: $0.01From: 2004-09-20→ Common Stock, $0.01 par value (200,000 underlying) - Exercise of In-Money
Common Stock Warrant
2004-09-20+200,000→ 0 total(indirect: As Member and as Managing Member)Exercise: $0.01From: 2004-09-20→ Common Stock, $0.01 par value (200,000 underlying)
Footnotes (7)
- [F1]The shares of Common Stock reported herein are directly beneficially owned by RVSI Investors, L.L.C. ("RI"). EGI-Fund (02-04) Investors, L.L.C. ("Fund 02-04") holds a 61.539 percent membership interest of RI, and, accordingly, Fund 02-04, and, through it, EGI-Managing Member (02-04), L.L.C. ("MM"), SZ Investments, L.L.C. ("SZ"), and Chai Trust Company, L.L.C. ("Chai"), each have a pecuniary interest in 1,648,316 of the 2,678,490 shares of Common Stock held by RI.
- [F2]The shares of Common Stock reported herein are directly beneficially owned by RI. Fund 02-04 is the sole managing member of RI, MM is the sole managing member of Fund 02 04, SZ is the sole managing member of MM, and Chai is the indirect manager of MM, and thus each have indirect beneficial ownership of such shares.
- [F3]On June 24, 2004, the Issuer issued a Common Stock Warrant to purchase up to 450,000 shares of Common Stock. The Warrant vests based upon satisfaction of criteria specified in the Warrant. As of September 20, 2004, criteria were satisfied resulting in the vesting of the Warrant as to 200,000 shares, in addition to the 250,000 shares previously vested. The Warrant has previously been exercised as to such 250,000 previously vested shares. 123,078 shares reflects Fund 02-04's 61.539 percent membership interest in RI.
- [F4]The Warrant was issued as consideration for the making of certain loans and other financial accommodations to the Issuer.
- [F5]The Warrant reported herein is directly beneficially owned by RI and indirectly beneficially owned by Fund 02-04, the sole managing member of RI, MM, managing member of Fund 02-04, SZ, managing member of MM, and Chai, the indirect manager of SZ.
- [F6]The expiration date of the Warrant is dependent upon the occurrence of certain circumstances specified therein.
- [F7]Share price is not noted because the Warrant has been exercised.
Documents
Issuer
ROBOTIC VISION SYSTEMS INC
CIK 0000225868
Entity typeother
IncorporatedIL
Related Parties
1- filerCIK 0001250731
Filing Metadata
- Form type
- 4
- Filed
- Sep 21, 8:00 PM ET
- Accepted
- Sep 22, 2:15 PM ET
- Size
- 16.3 KB