4//SEC Filing
WORLD HEART CORP 4
Accession 0001209191-05-039000
CIK 0001024520operating
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 10:50 AM ET
Size
30.8 KB
Accession
0001209191-05-039000
Insider Transaction Report
Form 4
WORLD HEART CORPWHRT
WS CAPITAL MANAGEMENT LP
10% Owner
Transactions
- Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes)
WSV MANAGEMENT L L C
10% Owner
Transactions
- Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes)
WS Opportunity Fund L P
10% Owner
Transactions
- Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes)
WS Opportunity Fund QP L P
10% Owner
Transactions
- Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying)
SMITH G STACY
10% Owner
Transactions
- Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes)
WS CAPITAL LLC
10% Owner
Transactions
- Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes)
Transactions
- Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying)
WS VENTURES MANAGEMENT L P
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying)
WALKER PATRICK P
10% Owner
Transactions
- Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes)
WALKER REID S
10% Owner
Transactions
- Conversion
Common Stock
2005-07-26$1.25/sh+896,432$1,120,540→ 2,501,425 total(indirect: See Footnotes) - Conversion
Common Stock
2005-07-26$1.36/sh+21,279$28,916→ 2,522,704 total(indirect: See Footnotes) - Exercise of In-Money
Common Stock
2005-07-26$1.00/sh+1,600,000$1,600,000→ 1,604,993 total(indirect: See Footnotes) - Conversion
Convertible Debentures (right to buy)
2005-07-26$1120539.00/sh(indirect: See Footnote)Exercise: $1.25From: 2004-09-15Exp: 2009-09-15→ Common Stock (896,432 underlying) - Exercise of In-Money
Warrants (right to buy)
2005-07-26−1,600,000→ 0 total(indirect: See Footnote)Exercise: $1.00From: 2004-09-15Exp: 2009-09-15→ Common Stock (1,600,000 underlying)
Footnotes (10)
- [F1]This Form 4 is filed on behalf of WS Capital, L.L.C. (WS Capital), WS Capital Management, L.P. (WSCM), WSV Management, L.L.C. (WSV), WS Ventures Management, L.P. (WSVM), Walker Smith Capital, L.P. (WSC), Walker Smith Capital (Q.P.), L.P. (WSCQP), Walker Smith International Fund, Ltd. (WS International), WS Opportunity Fund, L.P. (WSO), WS Opportunity Fund (Q.P.), L.P. (WSOQP), WS Opportunity Fund International, Ltd. (WSO International), Reid S. Walker, G. Stacy Smith and Patrick P. Walker (collectively, the Filing Persons). Reid S. Walker and G. Stacy Smith are the sole principals of WS Capital, and Reid S. Walker, G. Stacy Smith and Patrick P. Walker are the sole principals of WSV. WS Capital is the general partner of WSCM, which is the general partner of WSC and WSCQP and the agent and attorney-in-fact for WS International. WSV is the general partner of WSVM, which is the general partner of WSO and WSOQP and the agent and attorney-in-fact for WSO International.
- [F10]Each of the Filing Persons hereby expressly disclaims membership in a group under the Securities Exchange Act of 1934 with respect to the securities reported herein, and this Form 4 shall not be deemed to be an admission that any such Filing Person is a member of such a group. Each of the Filing Persons hereby expressly disclaims beneficial ownership of the securities reported herein, other than to the extent of its pecuniary interest therein, and this Form 4 shall not be deemed to be an admission that any such Filing Person is the beneficial owner of the securities reported herein for purposes of the Securities Exchange Act of 1934 or for any other purpose.
- [F2]Represents shares acquired by WS International (497,120), WSO International (226,640), WSOQP (206,080), WSC (79,360), WSO (167,280), and WSCQP (423,520).
- [F3]Represents shares acquired by WS International (268,325), WSO International (128,129), WSOQP (116,569), WSC (39,360), WSO (94,596), and WSCQP (249,453).
- [F4]Represents shares acquired by WS International (6,370), WSO International (3,041), WSOQP (2,767), WSC (934), WSO (2,245), and WSCQP (5,922). The shares were acquired through conversion of the accrued unpaid interest on the convertible debentures held by such respective entity into shares of the Issuer's common stock pursuant to the terms of the convertible debentures.
- [F5]Represents shares held directly by WS International (772,807), WSO International (358,016), WSOQP (325,522), WSC (122,598), WSO (264,262), and WSCQP (679,499).
- [F6]The exercise price of the warrants was amended from $1.55 per share to $1.00 per share.
- [F7]The warrants were acquired in connection with the respective Reporting Persons' acquisition of the convertible debentures. No separate consideration was paid for issuance of the warrants.
- [F8]Represents warrants held directly by WS International (497,120), WSO International (226,640), WSOQP (206,080), WSC (79,360), WSO (167,280), and WSCQP (423,520).
- [F9]Represents convertible debentures held directly by WS International ($335,406), WSO International ($160,161), WSOQP ($145,711), WSC ($49,200), WSO ($118,245), and WSCQP ($311,816).
Documents
Issuer
WORLD HEART CORP
CIK 0001024520
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001024520
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 10:50 AM ET
- Size
- 30.8 KB