Filing Details

Accession Number:
0001201800-10-000163
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-10-12 09:44:10
Reporting Period:
2010-09-13
Filing Date:
2010-10-12
Accepted Time:
2010-10-12 09:44:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
839087 Vasomedical Inc VASO.OB Electromedical & Electrotherapeutic Apparatus (3845) 112871434
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1261513 Simon Srybnik 140 53Rd Street
Brooklyn NY 11232
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
Series E Convertible Preferred Stock Acquisiton 2010-09-13 109,375 $16.00 109,375 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 2004 Stock Option/Stock Issuance Plan Acquisiton 2007-07-26 150,000 $0.12 150,000 $0.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
150,000 2017-07-25 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 17,815,007 Indirect By Living Data Technology Corporation
Common Stock 21,428,572 Indirect By Kerns Manufacturing Corp.
Common Stock 598,125 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Warrant (right to buy) $0.08 2007-06-21 2012-06-20 4,286 4,286 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2012-06-20 4,286 4,286 Indirect
Footnotes
  1. The reporting person and his brother Louis Srybnik are the sole directors and the Chairman of the Board and the President, respectively, of the record holder of these shares. They also are the sole shareholders of the record holder, each holding 50% of the shares. The reporting person, accordingly, shares with his brother voting and dispositive powers over these shares and, as a result, may be deemed to be the co-beneficial owner thereof.
  2. The reporting person and his brother Louis Srybnik are the sole directors and officers of the record holder of these shares. They also each own 35% of the outstanding shares of the record holder. The reporting person, accordingly, shares with his brother voting and dispositive powers over these shares and, as a result, may be deemed to be the co-beneficial owner thereof.
  3. See Note (1) as to why the reporting person may be deemed to be the co-beneficial owner of this warrant.
  4. Options vest immediately.