Home/Filings/4/0001209191-04-001141
4//SEC Filing

DIAZ & ALTSCHUL CAPITAL MANAGEMENT LLC 4

Accession 0001209191-04-001141

CIK 0000932352other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 9:50 PM ET

Size

18.3 KB

Accession

0001209191-04-001141

Insider Transaction Report

Form 4
Period: 2003-12-31
Transactions
  • Purchase

    Common Stock Purchase Warrants

    2003-12-31+48,78048,780 total(indirect: Through ownership interest in limited liability companies)
    Exercise: $3.00From: 2003-12-31Exp: 2008-12-31Common Stock (48,780 underlying)
  • Purchase

    Common Stock

    2003-12-31$2.05/sh+121,951$250,0001,021,083 total(indirect: Through ownership interests in limited liability companies)
Holdings
  • Common Stock

    (indirect: Through ownership interests in limited liability companies)
    530,248
Footnotes (4)
  • [F1]Please see attached Joint Filer Information. The Reporting Person is filing solely in his capacity as an indirect beneficial owner of securities held by one or more of the entities listed below.
  • [F2]Delta Opportunity Fund, Ltd. ("Delta") is the direct beneficial owner. Diaz & Altschul Advisors, LLC ("D&A Advisors") is the investment advisor of Delta. D&A Advisors is 99% owned by Diaz & Altschul Capital Management, LLC ("D&A"), and Mr. Arthur G. Altschul, Jr. ("Mr. Altschul") owns 1% of D&A Advisors. The managing member of D&A Advisors is D&A. Mr. Reinaldo M. Diaz ("Mr. Diaz") and Mr. Altschul each own 50% of, and share management and control of, D&A. Mr. Altschul, Mr. Diaz, D&A and D&A Advisors each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interests therein.
  • [F3]Delta Opportunity Fund (Institutional) LLC ("Institutional ") is the direct beneficial owner. (There has been no change to the shares beneficially owned by Institutional from that previously reported.) Diaz & Altschul Management, LLC ("D&A Management") is the managing member of Institutional. Mr. Diaz and Mr. Altschul each own 50% of, and share management and control of, D&A Management. Mr. Altschul, Mr. Diaz, and D&A Management each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interests therein.
  • [F4]Delta acquired a Common Stock Purchase Warrant (the "Warrant") to acquire 48,780 shares of Common Stock in connection with the purchase of shares reported in Table I. The aggregate purchase price for such shares of Common Stock and the Warrant was $250,000.00.

Issuer

VALENTIS INC

CIK 0000932352

Entity typeother
IncorporatedNY

Related Parties

1
  • filerCIK 0001250091

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 9:50 PM ET
Size
18.3 KB