Xenonics Holdings, Inc. 4
4 · Xenonics Holdings, Inc. · Filed Dec 17, 2004
Insider Transaction Report
Form 4
Buie Robert
Director
Transactions
- Other
Common
2004-12-16$6.00/sh+135,000$810,000→ 408,275 total
Footnotes (2)
- [F1]Lightrays, Ltd., a limited partnership ("Lightrays"), was liquidated on December 16,2004. In prior reports, Reporting Person reported indirect beneficial ownership of the 250,000 shares held by Lightrays. Reporting Person disclaimed beneficial ownership by virtue of the fact that he was manager of Xyster, LLC, which was the General Partner of Lightrays. At the time of liquidation of Lightrays, Reporting Person received 135,000 shares of Issuer at a value of $6.00 per share in satisfaction of debt owed to him by Lightrays.
- [F2]Includes 13,294 shares received as a liquidating distribution of Lightrays. In prior reports, the Reporting Person reported indirect beneficial ownership of 250,000 shares held by Lightrays.