Filing Details
- Accession Number:
- 0000905148-18-000456
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-04-19 16:22:40
- Reporting Period:
- 2018-04-17
- Accepted Time:
- 2018-04-19 16:22:40
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 926617 | Vermillion Inc. | VRML | In Vitro & In Vivo Diagnostic Substances (2835) | 330595156 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1629151 | George Henri Schuler | 100 N. Field Drive Suite 360 Lake Forest IL 60045 | No | 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, Par Value $0.001 | Acquisiton | 2018-04-17 | 654,136 | $1.00 | 3,551,157 | No | 4 | P | Indirect | By Tanya Eva Schuler Trust |
| Common Stock, Par Value $0.001 | Acquisiton | 2018-04-17 | 654,136 | $1.00 | 3,551,157 | No | 4 | P | Indirect | By Therese Heidi Schuler Trust |
| Common Stock, Par Value $0.001 | Acquisiton | 2018-04-17 | 145,365 | $1.00 | 985,368 | No | 4 | P | Indirect | By Schuler GC 2010 Continuation Trust |
| Common Stock, Par Value $0.001 | Acquisiton | 2018-04-17 | 654,137 | $1.00 | 1,007,377 | No | 4 | P | Indirect | By Schuler Grandchildren LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | By Tanya Eva Schuler Trust |
| No | 4 | P | Indirect | By Therese Heidi Schuler Trust |
| No | 4 | P | Indirect | By Schuler GC 2010 Continuation Trust |
| No | 4 | P | Indirect | By Schuler Grandchildren LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series B Convertible Preferred Stock (Right to Buy) | Acquisiton | 2018-04-17 | 2,459 | $100.00 | 245,900 | $0.00 |
| Common Stock | Series B Convertible Preferred Stock (Right to Buy) | Acquisiton | 2018-04-17 | 2,458 | $100.00 | 245,800 | $0.00 |
| Common Stock | Series B Convertible Preferred Stock (Right to Buy) | Acquisiton | 2018-04-17 | 547 | $100.00 | 54,700 | $0.00 |
| Common Stock | Series B Convertible Preferred Stock (Right to Buy) | Acquisiton | 2018-04-17 | 2,458 | $100.00 | 245,800 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,459 | No | 4 | P | Indirect | ||
| 2,458 | No | 4 | P | Indirect | ||
| 547 | No | 4 | P | Indirect | ||
| 2,458 | No | 4 | P | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, Par Value $0.001 | 141,304 | Indirect | By Seascape Partners L.P. |
| Common Stock, Par Value $0.001 | 26,000 | Indirect | By spouse |
Footnotes
- These shares of Common Stock ("Shares") and Series B Convertible Preferred Stock ("Preferred Stock") are directly owned by the Tanya Eva Schuler Trust. H. George Schuler is the sole trustee of the Tanya Eva Schuler Trust.
- These Shares and Preferred Stock are directly owned by the Therese Heidi Schuler Trust. H. George Schuler is the sole trustee of the Therese Heidi Schuler Trust.
- These Shares and Preferred Stock are directly owned by the Schuler GC 2010 Continuation Trust. H. George Schuler is the sole trustee of the Schuler GC 2010 Continuation Trust.
- These Shares and Preferred Stock are directly owned by the Schuler Grandchildren LLC. H. George Schuler is the manager of the Schuler Grandchildren LLC.
- These Shares are directly owned by Seascape Partners L.P., a family limited partnership. H. George Schuler is the manager of Seascape Partners L.P.
- The reporting person disclaims beneficial ownership of these Shares and Preferred Stock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- Each share of Preferred Stock is initially convertible into 100 Shares automatically upon the Requisite Stockholder Approval (defined and described further in the Schedule 13D/A filed by the Reporting Person on April 19, 2018), subject to customary anti-dilution adjustments, reflecting an initial conversion price equal to $1.00 per share. The Preferred Stock has no expiration date.
Billionaire Hedge Funds
