VITA FOOD PRODUCTS INC 4
4 · VITA FOOD PRODUCTS INC · Filed Jul 3, 2007
Insider Transaction Report
Form 4
Bedford Howard
Director10% Owner
Transactions
- Award
Warrants
2007-06-29$1.25/sh+500,000$625,000→ 500,000 total(indirect: By MDB Alternative Investments, L.L.C.)Exercise: $1.25From: 2007-06-29Exp: 2009-06-29→ Common Stock (500,000 underlying) - Award
Common Stock
2007-06-29+2,400,000→ 2,400,000 total(indirect: By MDB Alternative Investments, L.L.C.)
Holdings
- 200,000
Warrants
Exercise: $5.00From: 2006-03-20Exp: 2009-03-20→ Common Stock (200,000 underlying) - 407,396
Common Stock
- 2,500
Stock Option
Exercise: $1.46From: 2007-11-24Exp: 2017-05-24→ Common Stock (2,500 underlying)
Footnotes (1)
- [F1]On June 29, 2007, MDB Alternative Investments L.L.C. ("MDB"), of which the Reporting Person is the manager, purchased 2,400,000 shares of common stock and warrants to purchase an additional 2,000,000 shares for an aggregate price of $3,000,000. MDB is owned 99% by a trust of which the Reporting Person is the trustee and of which his immediately family members are the beneficiaries. The other 1% of MDB is owned by a limited partnership, which is owned by a limited liability company owned 50% by the Reporting Person and 50% by his immediately family members.