Filing Details
- Accession Number:
- 0001437749-12-012625
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-06 16:24:11
- Reporting Period:
- 2012-12-05
- Filing Date:
- 2012-12-06
- Accepted Time:
- 2012-12-06 16:24:11
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
894237 | Vision Sciences Inc | VSCI | Electromedical & Electrotherapeutic Apparatus (3845) | 133430173 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
901507 | C Lewis Pell | C/O Vision-Sciences, Inc. 40 Ramland Road South, Suite 1 Orangeburg NY 10962 | Yes | No | Yes | 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 $0.01 Par Value Per Share | Acquisiton | 2012-12-05 | 200 | $1.10 | 8,893,414 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Common Stock warrant (right to buy) | Acquisiton | 2009-11-09 | 272,727 | $0.00 | 272,727 | $1.38 |
Common Stock | Common Stock warrant (right to buy) | Acquisiton | 2010-03-29 | 189,394 | $0.00 | 189,394 | $1.65 |
Common Stock | Common Stock warrant (right to buy) | Acquisiton | 2010-06-29 | 151,515 | $0.00 | 151,515 | $1.65 |
Common Stock | Common Stock warrant (right to buy) | Acquisiton | 2010-12-16 | 37,879 | $0.00 | 37,879 | $1.65 |
Common Stock | Common Stock warrant (right to buy) | Acquisiton | 2011-09-30 | 1,229,105 | $0.00 | 1,229,105 | $2.03 |
Common Stock | Convertible Promissory Note | Acquisiton | 2012-09-19 | 0 | $0.00 | 12,500,000 | $1.20 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
272,727 | 2009-11-09 | No | 4 | J | Direct | |
189,394 | 2010-03-29 | No | 4 | J | Direct | |
340,909 | 2010-06-29 | No | 4 | J | Direct | |
378,788 | 2010-12-16 | No | 4 | J | Direct | |
1,229,105 | 2011-09-30 | No | 4 | J | Direct | |
12,500,000 | 2012-09-19 | 2017-09-19 | No | 4 | J | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock $0.01 Par Value Per Share | 50,000 | Indirect | By spouse |
Common Stock $0.01 Par Value Per Share | 348,514 | Indirect | By children |
Common Stock $0.01 Par Value Per Share | 43,500 | Indirect | By trust |
Common Stock $0.01 Par Value Per Share | 2,400 | Indirect | By brother's family |
Footnotes
- Warrants issued in consideration for certain loans made by the Reporting Person to the Company.
- Warrants expire on the later of September 30, 2016 or one year following the termination or repayment of all amounts due and payable under the loan associated with the issuance of such warrants.
- Revolving $20 million convertible note dated September 19, 2012 (the "Note") between the Reporting Person and the Company. The Note is convertible, at the Reporting Person's option, into shares of the Company's common stock at a fixed conversion price of $1.20 per share.