COMFORT WILLIAM T III 4
4 · LYRIS, INC. · Filed Oct 19, 2012
Insider Transaction Report
Form 4
LYRIS, INC.LYRI.OB
COMFORT WILLIAM T III
DirectorChairman, Board of Directors10% Owner
Transactions
- Purchase
Common Stock
2012-10-17$2.05/sh+96,459$197,741→ 1,171,206 total - Purchase
Series A Convertible Preferred Stock
2012-10-17$2.50/sh+2,000,000$5,000,000→ 2,000,000 total(indirect: See Footnote)Exercise: $2.50From: 2012-10-17→ Common Stock (2,000,000 underlying)
Holdings
- 2,830,208(indirect: See Footnote)
Common Stock
- 1,497,435(indirect: See Footnote)
Common Stock
Footnotes (5)
- [F1]Shares issued in satisfaction of $197,741 in interest that the Company owed to Mr. Comfort under that certain Reimbursement and Security Agreement dated as of August 31, 2011 by and between the Company and Mr. Comfort as amended from time to time with respect to Mr. Comfort's guarantee of a loan to the Issuer.
- [F2]Shares are held by 65 BR Trust, for which Mr. Comfort is the investment adviser and has voting and dispositive power over the shares. Mr. Comfort disclaims beneficial ownership of any of the shares of common stock held by 65 BR Trust.
- [F3]Mr. Comfort is the general partner of, and has shared voting and dispositive power over, these shares held by LDN Stuyvie Partnership.
- [F4]The Series A Convertible Preferred Stock has no expiration date.
- [F5]Preferred shares are held by Lyr, Ltd., a Bermuda corporation of which Mr. Comfort is the Chairman and has voting and dispositive power over the shares. Mr. Comfort disclaims beneficial ownership of any of the shares of the Issuer's Preferred Stock held by Lyr, Ltd.