Filing Details

Accession Number:
0001144204-10-037184
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-08 13:00:00
Reporting Period:
2010-07-01
Filing Date:
2010-07-08
Accepted Time:
2010-07-08 17:52:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1331931 Pet Drx Corp VETS Agricultural Services (700) 562517815
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
899083 Wynnefield Partners Small Cap Value Lp 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1017043 Nelson Obus 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1030806 Ltd Fund Offshore Value Cap Small Wynnefield 450 Seventh Ave
Ste 509
New York NY 10123
No No Yes No
1056835 Wynnefield Capital Management Llc 450 Seventh Ave
Ste 509
New York NY 10123
No No Yes No
1251565 Wynnefield Partners Small Cap Value Lp I 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1251567 Wynnefield Capital Inc 450 Seventh Avenue
Suite 509
New York NY 10123
No No Yes No
1251568 Joshua Landes 450 Seventh Avenue
Suite 509
New York NY 10123
No 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, $0.0001 Par Value Per Share Acquisiton 2010-07-01 404,826 $0.00 1,395,515 No 4 C Direct
Common Stock, $0.0001 Par Value Per Share Acquisiton 2010-07-01 404,826 $0.00 1,707,629 No 4 C Indirect By Wynnefield Partners Small Cap Value, L.P. I
Common Stock, $0.0001 Par Value Per Share Disposition 2010-07-01 1,393,015 $0.34 2,500 No 4 S Direct
Common Stock, $0.0001 Par Value Per Share Disposition 2010-07-01 1,704,129 $0.34 3,500 No 4 S Indirect By Wynnefield Partners Small Cap Value, L.P. I
Common Stock, $0.0001 Par Value Per Share Disposition 2010-07-01 939,754 $0.34 4,000 No 4 S Indirect By Wynnefield Small Cap Value Offshore
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Indirect By Wynnefield Partners Small Cap Value, L.P. I
No 4 S Direct
No 4 S Indirect By Wynnefield Partners Small Cap Value, L.P. I
No 4 S Indirect By Wynnefield Small Cap Value Offshore
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants Disposition 2010-07-01 576,923 $0.00 576,923 $0.10
Common Stock Warrants Disposition 2010-07-01 576,923 $0.00 576,923 $0.10
Common Stock Convertible Note Disposition 2010-07-01 0 $0.00 75,495 $10.00
Common Stock Convertible Note Disposition 2010-07-01 0 $0.00 75,495 $10.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-01-21 No 4 C Direct
0 2016-01-21 No 4 C Indirect
0 2013-01-21 No 4 J Direct
0 2013-01-21 No 4 J Indirect
Footnotes
  1. The transactions reported on this Form 4 were made pursuant to a stock purchase agreement entered into with the Issuer, and which included (a) the cash pre-payment of Convertible Notes expiring in 2013 described in Column 1 of Table II of this Form 4, (b) a cashless exchange of warrants for common stock of the Issuer and (c) the simultaneous disposition of all common stock beneficially held, whether previously owned or acquired in the cashless exchange of warrants. The purchase price of the common stock of $0.33523 was determined in connection with the stock purchase agreement and is subject to a hold back.
  2. Represents remaining shares of common stock attributable to the ownership of certain units.
  3. Wynnefield Partners Small Cap Value, L.P., (the "Reporting Person") and Wynnefield Partners Small Cap Value, L.P. I ("L.P. I") are managed by Wynnefield Capital Management, LLC, their general partner. Wynnefield Small Cap Value Offshore Fund, Ltd. ("Offshore") is managed by Wynnefield Capital, Inc. Mr. Nelson Obus and Mr. Joshua Landes are co-managing members of Wynnefield Capital Management, LLC and principal executive officers of Wynnefield Capital, Inc. Mr. Obus and Mr. Landes have investment discretion and control over the securities held by the Reporting Person, L.P. I and Offshore and, thus, may be deemed to have an indirect beneficial ownership interest in the securities that the Reporting Person, L.P. I and Offshore directly beneficially own. Mr. Obus and Mr. Landes disclaim beneficial ownership of the securities described in this statement, except to the extent of their individual pecuniary interest in such securities. (Cont FN 4)
  4. (Cont from FN 3) The filing of this statement shall not be deemed an admission that Mr. Obus and Mr. Landes are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities specified in this statement.
  5. The derivative securities listed in column 1 of Table II are currently exercisable or convertible, as the case may be.