HAYS PAUL RICHARD 4
4 · SYNBIOTICS CORP · Filed Jan 3, 2005
Insider Transaction Report
Form 4
SYNBIOTICS CORPSBIO
HAYS PAUL RICHARD
DirectorPresident
Transactions
- Award
Common stock option
[F1]2004-12-30+400,000→ 2,400,000 totalExercise: $0.14From: 2005-03-30Exp: 2014-12-30→ Common Stock (400,000 underlying)
Holdings
- 10,653
Common stock
- 778,452
Series C Preferred Stock
[F2]→ Common Stock (778,452 underlying)
Footnotes (2)
- [F1]The option vests quarterly over four (4) years.
- [F2]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|2005-01-03