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4//SEC Filing

GIFFORD THOMAS S 4

Accession 0001213900-13-000334

CIK 0001093285other

Filed

Jan 23, 7:00 PM ET

Accepted

Jan 24, 6:28 PM ET

Size

7.9 KB

Accession

0001213900-13-000334

Insider Transaction Report

Form 4
Period: 2013-01-23
GIFFORD THOMAS S
DirectorExecutive Vice President, CFO10% Owner
Transactions
  • Other

    Common Stock, Par Value $0.001

    2013-01-23$0.03/sh+1,397,059$47,5008,200,735 total
  • Other

    Common Stock, Par Value $0.001

    2013-01-23$0.03/sh+2,941,176$100,0006,803,676 total
Holdings
  • Common Stock, Par Value $0.001

    (indirect: By Trust)
    310,938
Footnotes (3)
  • [F1]2,941,176 shares of common stock were issued to Mr. Gifford as payment of $100,000 of accrued compensation.
  • [F2]Century Capital Associates LLC ("Century Capital") agreed to accept 2,794,118 shares of common stock as payment of $95,000 for office rent owed by Scivanta to Century Capital (the "Rent Payment Shares"). Mr. Gifford is a principal of Century Capital and was issued 1,397,059 of the Rent Payment Shares.
  • [F3]These shares of common stock are held in trust for the benefit of family members of David R. LaVance, of which Mr. Gifford is trustee. Mr. Gifford disclaims beneficial ownership of the securities held in trust for the benefit of family members of David R. LaVance and this report shall not be deemed an admission that Mr. Gifford is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Issuer

SCIVANTA MEDICAL CORP

CIK 0001093285

Entity typeother

Related Parties

1
  • filerCIK 0001281398

Filing Metadata

Form type
4
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 6:28 PM ET
Size
7.9 KB