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4//SEC Filing

SRYBNIK SIMON 4

Accession 0001201800-10-000163

CIK 0000839087other
View on SEC.govCompany Profile

Filed

Oct 11, 8:00 PM ET

Accepted

Oct 12, 9:44 AM ET

Size

11.8 KB

Accession

0001201800-10-000163

Insider Transaction Report

Form 4
Period: 2010-09-13
VASOMEDICAL INCVASO.OB
SRYBNIK SIMON
Director10% Owner
Transactions
  • Purchase

    Series E Convertible Preferred Stock

    2010-09-13$16.00/sh+109,375$1,750,000→ 109,375 total
  • Award

    2004 Stock Option/Stock Issuance Plan

    2007-07-26$0.12/sh+150,000$18,000→ 150,000 total
    Exercise: $0.12Exp: 2017-07-25→ Common Stock (150,000 underlying)
Holdings

  • Common Stock

    (indirect: By Kerns Manufacturing Corp.)
    21,428,572

  • Common Stock

    (indirect: By Living Data Technology Corporation)
    17,815,007

  • Common Stock

    598,125

  • Warrant (right to buy)

    (indirect: By Kerns Manufacturing Corp.)
    Exercise: $0.08From: 2007-06-21Exp: 2012-06-20→ Common Stock (4,285.714 underlying)
    4,285.714
Footnotes (4)
  • [F1]The reporting person and his brother Louis Srybnik are the sole directors and the Chairman of the Board and the President, respectively, of the record holder of these shares. They also are the sole shareholders of the record holder, each holding 50% of the shares. The reporting person, accordingly, shares with his brother voting and dispositive powers over these shares and, as a result, may be deemed to be the co-beneficial owner thereof.
  • [F2]The reporting person and his brother Louis Srybnik are the sole directors and officers of the record holder of these shares. They also each own 35% of the outstanding shares of the record holder. The reporting person, accordingly, shares with his brother voting and dispositive powers over these shares and, as a result, may be deemed to be the co-beneficial owner thereof.
  • [F3]See Note (1) as to why the reporting person may be deemed to be the co-beneficial owner of this warrant.
  • [F4]Options vest immediately.

Documents

1 file

Issuer

VASOMEDICAL INC

CIK 0000839087

→
Entity typeother

Related Parties

1
  • filerCIK 0001261513

Filing Metadata

Form type
4
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 9:44 AM ET
Size
11.8 KB
View on SEC.gov