Filing Details

Accession Number:
0001140361-10-038037
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-09-21 10:13:04
Reporting Period:
2010-08-23
Filing Date:
2010-09-21
Accepted Time:
2010-09-21 10:13:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1166220 Lyris Inc. LYRI.OB Services-Prepackaged Software (7372) 010579490
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1501731 A Luis Rivera C/O Lyris, Inc.
6401 Hollis St., Suite 125
Emeryville CA 94608
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-08-23 170,000 $0.33 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (right to buy) $0.30 2010-08-18 3,600,000 3,600,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2010-08-18 3,600,000 3,600,000 Direct
Footnotes
  1. In connection with Mr. Rivera's resignation as CEO of Lyris, Inc. the company repurchased 170,000 shares of common stock from Mr. Rivera at$0.33 per share. The company also amended Mr. Rivera's stock option agreement to extend the period in which he may exercise his option to purchase 3,600,000 vested shares from ninety (90) days to one year following the date of his resignation. Mr. Rivera remains a director of the company.