Filing Details

Accession Number:
0000950138-10-000484
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-06 13:00:00
Reporting Period:
2010-07-01
Filing Date:
2010-07-06
Accepted Time:
2010-07-06 15:31:03
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
1137623 E Gene Burleson 215 Centerview Drive
Suite 360
Brentwood TN 37027
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 Disposition 2010-07-01 471,092 $0.34 0 No 4 S Direct
Common Stock Acquisiton 2010-07-01 30,427 $0.00 30,427 No 4 M Direct
Common Stock Disposition 2010-07-01 30,427 $0.34 0 No 4 S Direct
Common Stock Acquisiton 2010-07-01 566,756 $0.00 566,756 No 4 M Direct
Common Stock Disposition 2010-07-01 566,756 $0.34 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M 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 (right to buy) Disposition 2010-07-01 225,000 $0.00 30,427 $0.14
Common Stock Warrant (right to buy) Disposition 2010-07-01 807,692 $0.00 566,756 $0.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-03-18 No 4 M Direct
0 2009-07-28 2016-01-21 No 4 M Direct
Footnotes
  1. The per share purchase price of the common stock of Pet DRx Corproation of $0.33523 (the "Per Share Purchase Price") was determined in connection with that certain Stock Purchase Agreement, dated as of June 2, 2010, by and among Snow Merger Acquisition, Inc., VCA Antech, Inc., Harry L. Zimmerman, an individual in his capacity as the sellers' representative, and those parties listed as a seller on the signature pages thereto.
  2. The stock option exercise price shown above equals the difference between (i) the Per Share Purchase Price and (ii) the per-share exercise price pursuant to the terms of the stock option, which is $0.20.
  3. Reporting Person elected to exercise the warrant in a cashless exercise pursuant to Section 18 of the warrant. Using the Per Share Purchase Price as the "Market Price" of the common stock underlying the warrant, Reporting Person paid no cash consideration and received 566,756 shares of common stock.
  4. 33.33% of the options vested immediately upon the date of grant, and 2.78% vest ratably each month thereafter.