HENDY CHRISTOPHER P 4
4 · SYNBIOTICS CORP · Filed Oct 30, 2003
Insider Transaction Report
Form 4
SYNBIOTICS CORPSBIO
HENDY CHRISTOPHER P
Director10% Owner
Transactions
- Gift
Common Stock
2003-10-30−10,000→ 397,249 total
Holdings
- 593,688(indirect: By Redwood Holdings, Inc.)
Common Stock
- 21,796,668(indirect: By LLC)
Series C Preferred Stock
→ Common Stock (21,796,668 underlying)
Footnotes (2)
- [F1]Acquired pursuant to the election of Redwood West Coast, LLC in lieu of cash dividends on Synbiotics Corporation's Series C Preferred Stock held by Redwood West Coast, LLC, as permitted by the Certificate of Determination of the Series C Preferred Stock of Synbiotics Corporation. As required by its Operating Agreement, Redwood West Coast, LLC directed that the shares of Common Stock be issued directly to its members. Redwood Holdings, Inc. received 593,688 shares of Common Stock of Synbiotics Corporation in these distributions. Redwood Holdings, Inc. is the owner of record of the 593,688 shares of Common Stock of Synbiotics Corporation. Mr. Hendy is a 24.9% beneficial owner under an ESOP which owns 100% of Redwood Holdings, Inc., which has sole voting and dispositive power with respect to the shares. Mr. Hendy disclaims beneficial ownership of the shares reflected above, except to the extent of his direct pecuniary interest in Redwood Holdings, Inc.
- [F2]See Exhibit 99 to this Form 4.