Van Ness Kenneth 4

Accession 0001200876-11-000057

CIK 0001175680other

View on SEC.gov Company Profile

Filed

Nov 1, 8:00 PM ET

Accepted

Nov 2, 6:33 PM ET

Size

43.1 KB

Accession

0001200876-11-000057

Insider Transaction Report

Form 4

Period: 2009-05-22

CYTODYN INCCYDY

Van Ness Kenneth

Director

Transactions

Sale
Common Stock
2009-09-23$0.67/sh−2,200$1,474→ 2,025,359 total(indirect: By LLC)
Sale
Common Stock
2009-09-25$0.81/sh−24,160$19,570→ 1,994,249 total(indirect: By LLC)
Sale
Common Stock
2009-10-16$1.02/sh−18,940$19,319→ 1,966,119 total(indirect: By LLC)
Sale
Common Stock
2009-10-23$1.13/sh−6,535$7,385→ 1,955,040 total(indirect: By LLC)
Sale
Common Stock
2009-12-29$1.69/sh−2,557$4,321→ 1,944,983 total(indirect: By LLC)
Sale
Common Stock
2010-01-05$1.78/sh−1,400$2,492→ 1,938,583 total(indirect: By LLC)
Sale
Common Stock
2010-01-06$1.80/sh−4,242$7,636→ 1,934,341 total(indirect: By LLC)
Sale
Common Stock
2009-10-26$1.32/sh−7,000$9,240→ 1,948,040 total(indirect: By LLC)
Sale
Common Stock
2010-01-11$1.95/sh−5,000$9,750→ 1,929,341 total(indirect: By LLC)
Award
Options (right to buy)
2010-09-22+25,000→ 25,000 total
Exercise: $1.20Exp: 2020-09-22→ Common (25,000 underlying)
Sale
Common Stock
2009-10-22$1.10/sh−2,805$3,086→ 1,961,575 total(indirect: By LLC)
Sale
Common Stock
2010-01-04$1.75/sh−5,000$8,750→ 1,939,983 total(indirect: By LLC)
Sale
Common Stock
2009-09-21$0.64/sh−8,900$5,696→ 2,027,559 total(indirect: By LLC)
Sale
Common Stock
2009-09-24$0.72/sh−6,950$5,004→ 2,018,409 total(indirect: By LLC)
Sale
Common Stock
2009-09-29$0.97/sh−2,500$2,425→ 1,985,059 total(indirect: By LLC)
Sale
Common Stock
2009-12-22$1.66/sh−500$830→ 1,947,540 total(indirect: By LLC)
Sale
Common Stock
2009-05-22$0.80/sh−2,500$2,000→ 2,037,500 total(indirect: By LLC)
Sale
Common Stock
2009-09-18$0.57/sh−1,041$593→ 2,036,459 total(indirect: By LLC)
Sale
Common Stock
2009-09-28$0.96/sh−6,690$6,422→ 1,987,559 total(indirect: By LLC)
Sale
Common Stock
2009-10-19$1.08/sh−1,739$1,878→ 1,964,380 total(indirect: By LLC)
Sale
Common Stock
2010-01-15$1.93/sh−300$579→ 1,929,041 total(indirect: By LLC)
Purchase
Common Stock
2009-10-01$0.90/sh+728,000$655,200→ 728,000 total(indirect: By LLC)

Footnotes (8)

[F1]The reporting person was not aware of his reporting obligation at the time.
[F2]This transaction was executed in multiple trades at prices ranging from $0.74 to $0.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
[F3]This transaction was executed in multiple trades at prices ranging from $1.01 to $1.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
[F4]This transaction was executed in multiple trades at prices ranging from $1.11 to $1.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
[F5]This transaction was executed in multiple trades at prices ranging from $1.27 to $1.46. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
[F6]The reporting person has agreed to disgorge the short swing profit of $118.72 resulting from this transaction to the issuer. This is based on his pecuniary interest of $98.985 in 112 of the 728,000 shares acquired at $0.90 per share.
[F7]These securities are owned directly by Technology Capital Services, LLC and indirectly by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests of $98.985 and except to the extent of future appreciation over an agreed upon contribution base, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16.
[F8]The options vested beginning October 22, 2010, and vested in equal monthly installments over 12 months.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

CYTODYN INC

CIK 0001175680

→

Entity typeother

Related Parties

filerCIK 0001494901

Filing Metadata

Form type: 4
Filed: Nov 1, 8:00 PM ET
Accepted: Nov 2, 6:33 PM ET
Size: 43.1 KB

View on SEC.gov