SYNBIOTICS CORP 4
4 · SYNBIOTICS CORP · Filed Sep 8, 2004
Insider Transaction Report
Form 4
SYNBIOTICS CORPSBIO
RUYAN JERRY L
10% Owner
Transactions
- Other
Common Stock
2004-09-07$0.24/sh+17,852$4,213→ 712,866 total(indirect: By LLC) - Other
Common Stock
2004-09-07$0.24/sh+240,287$56,708→ 1,844,493 total
Holdings
- 21,796,668(indirect: By LLC)
Series C Preferred Stock
→ Common Stock (21,796,668 underlying)
Footnotes (3)
- [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. Mr. Ruyan received 240,287 shares of Common Stock of Synbiotics Corporation in this distribution.
- [F2]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, LLC received 17,852 shares of Common Stock of Synbiotics Corporation in this distribution. Redwood Holdings, LLC is the owner of record of 712,866 shares of Common Stock of Synbiotics Corporation. Mr. Ruyan is a 49.8% owner of Redwood Holdings, LLC, which has sole voting and dispositive power with respect to the shares. Mr. Ruyan disclaims beneficial ownership of the shares reflected above, except to the extent of his direct pecuniary interest in Redwood Holdings, Inc.
- [F3]See Exhibit 99 to this Form 4.