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COMFORT WILLIAM T III 4

Accession 0001206774-12-004238

CIK 0001166220other

Filed

Oct 18, 8:00 PM ET

Accepted

Oct 19, 1:53 PM ET

Size

9.6 KB

Accession

0001206774-12-004238

Insider Transaction Report

Form 4
Period: 2012-10-17
COMFORT WILLIAM T III
DirectorChairman, Board of Directors10% Owner
Transactions
  • Purchase

    Common Stock

    2012-10-17$2.05/sh+96,459$197,7411,171,206 total
  • Purchase

    Series A Convertible Preferred Stock

    2012-10-17$2.50/sh+2,000,000$5,000,0002,000,000 total(indirect: See Footnote)
    Exercise: $2.50From: 2012-10-17Common Stock (2,000,000 underlying)
Holdings
  • Common Stock

    (indirect: See Footnote)
    2,830,208
  • Common Stock

    (indirect: See Footnote)
    1,497,435
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.

Issuer

LYRIS, INC.

CIK 0001166220

Entity typeother

Related Parties

1
  • filerCIK 0001211531

Filing Metadata

Form type
4
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 1:53 PM ET
Size
9.6 KB