Filing Details
- Accession Number:
- 0001179110-10-008581
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-13 13:00:00
- Reporting Period:
- 2010-05-11
- Filing Date:
- 2010-05-13
- Accepted Time:
- 2010-05-13 18:27:49
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1016470 | Srs Labs Inc | SRSL | Patent Owners & Lessors (6794) | 330714264 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1055200 | Carol Miltner | C/O Srs Labs, Inc. 2909 Daimler Street Santa Ana CA 92705 | 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 | Acquisiton | 2010-05-11 | 8,927 | $5.15 | 8,927 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-11 | 8,046 | $9.50 | 881 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-05-11 | 781 | $9.51 | 100 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-05-11 | 100 | $9.52 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-05-12 | 28,601 | $5.15 | 28,601 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-12 | 17,048 | $9.50 | 11,553 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-05-12 | 200 | $9.51 | 11,353 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-05-12 | 11,353 | $9.51 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2010-05-13 | 5,597 | $5.15 | 5,597 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-13 | 5,597 | $9.50 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Acquisiton | 2010-05-11 | 8,927 | $0.00 | 8,927 | $5.15 |
| Common Stock | Stock Option | Acquisiton | 2010-05-12 | 19,198 | $0.00 | 19,198 | $5.15 |
| Common Stock | Stock Option | Acquisiton | 2010-05-12 | 9,403 | $0.00 | 9,403 | $5.15 |
| Common Stock | Stock Option | Acquisiton | 2010-05-13 | 5,597 | $0.00 | 5,597 | $5.15 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 21,073 | 2016-06-22 | No | 4 | M | Direct | |
| 1,875 | 2016-06-22 | No | 4 | M | Direct | |
| 5,597 | 2009-06-22 | 2016-06-22 | No | 4 | M | Direct |
| 0 | 2009-06-22 | 2016-06-22 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 5,000 | Direct |
Footnotes
- Options were exercised from two separate grants as follows: 19,198 shares were exercised from the 6/22/06 grant under the SRS Labs 2006 Stock Incentive Plan; and 9,403 shares were exercised under the 6/22/06 grant under the SRS Labs Amended and Restated 1996 Nonemployee Directors Stock Option Plan.
- Granted under the SRS Labs' 2006 Stock Incentive Plan.
- The option shares are exercisable as follows: 7,500 shares on 6/22/07; 1,875 shares on 9/22/07, 12/22/07, 3/22/08, 6/22/08, 9/22/08, 12/22/08, 3/22/09, 6/22/09, 9/22/09, 12/22/09, and 3/22/10.
- Granted under the SRS Labs' Amended and Restated 1996 Nonemployee Directors Stock Option Plan.
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