HAYS PAUL RICHARD 4
4 · SYNBIOTICS CORP · Filed Dec 13, 2004
Insider Transaction Report
Form 4
SYNBIOTICS CORPSBIO
HAYS PAUL RICHARD
DirectorPresident
Transactions
- Other
Common stock
[F1]2004-12-10$0.18/sh+10,653$1,875→ 10,653 total
Holdings
- 2,000,000
Common stock option
[F2]From: 2003-07-09Exp: 2013-12-30→ Common Stock (2,000,000 underlying) - 778,452
Series C Preferred Stock
[F3]→ Common Stock (778,452 underlying)
Footnotes (3)
- [F1]Acquired in lieu of cash dividends on Synbiotics Corporation's Series C Preferred Stock as permitted by the Certificate of Determination of the Series C Preferred Stock of Synbiotics Corporation. Mr. Hays received 10,653 shares of Common Stock of Synbiotics Corporation in this distribution.
- [F2]The options, which vest quarterly over four (4) years, have exercise prices ranging from $0.08 per share to $0.34 per share.
- [F3]On September 23, 2004, Mr. Hays purchased 100 shares of Series C Convertible Preferred Stock of Synbiotics Corporation. The shares are convertible into shares of common stock at any time into such number of shares of common stock by dividing each share of Series C Convertible Preferred Stock, valued at $1,000, by the conversion price - initially set at $0.12846.
Signature
Paul R. Hays, by Keith A. Butler his attorney-in-fact|2004-12-13