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Filing Details

Accession Number:
0001140361-15-012934
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-23 15:22:34
Reporting Period:
2013-09-30
Filing Date:
2015-03-23
Accepted Time:
2015-03-23 15:22:34
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 28161 North Keith Drive
Lake Forest IL 60045
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, Par Value $0.001 Per Share Disposition 2013-09-30 10,369 $2.60 37,131 No 4 S Indirect By spouse
Common Stock, Par Value $0.001 Per Share Disposition 2013-10-02 7,131 $2.54 30,000 No 4 S Indirect By spouse
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-11-04 11,886 $2.42 41,886 No 4 P Indirect By spouse
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-11-05 500 $2.44 42,386 No 4 P Indirect By spouse
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-11-06 741 $2.55 43,127 No 4 P Indirect By spouse
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-11-07 4,373 $2.48 47,500 No 4 P Indirect By spouse
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-11-14 2,500 $2.68 50,000 No 4 P Indirect By spouse
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-11-15 5,000 $2.46 43,500 No 4 P Indirect By Seascape Partners L.P.
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-11-18 5,000 $2.47 48,500 No 4 P Indirect By Seascape Partners L.P.
Common Stock, Par Value $0.001 Per Share Disposition 2013-12-06 12,000 $2.38 38,000 No 4 G Indirect Gifted by spouse to adult daughter
Common Stock, Par Value $0.001 Per Share Disposition 2013-12-06 12,000 $2.38 26,000 No 4 G Indirect Gifted by spouse to adult son
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-12-13 20,000 $2.03 68,500 No 4 P Indirect By Seascape Partners L.P.
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-12-17 10,000 $2.15 78,500 No 4 P Indirect By Seascape Partners L.P.
Common Stock, Par Value $0.001 Per Share Acquisiton 2013-12-31 10,000 $2.41 88,500 No 4 P Indirect By Seascape Partners L.P.
Common Stock, Par Value $0.001 Per Share Acquisiton 2014-12-22 46,158 $1.51 134,658 No 4 P Indirect By Seascape Partners L.P.
Common Stock, Par Value $0.001 Per Share Acquisiton 2014-12-23 6,646 $1.55 141,304 No 4 P Indirect By Seascape Partners L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By spouse
No 4 S Indirect By spouse
No 4 P Indirect By spouse
No 4 P Indirect By spouse
No 4 P Indirect By spouse
No 4 P Indirect By spouse
No 4 P Indirect By spouse
No 4 P Indirect By Seascape Partners L.P.
No 4 P Indirect By Seascape Partners L.P.
No 4 G Indirect Gifted by spouse to adult daughter
No 4 G Indirect Gifted by spouse to adult son
No 4 P Indirect By Seascape Partners L.P.
No 4 P Indirect By Seascape Partners L.P.
No 4 P Indirect By Seascape Partners L.P.
No 4 P Indirect By Seascape Partners L.P.
No 4 P Indirect By Seascape Partners L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share 1,787,536 Indirect By Tino Hans Schuler Trust
Common Stock, Par Value $0.001 Per Share 1,787,536 Indirect By Tanya Eve Schuler Trust
Common Stock, Par Value $0.001 Per Share 1,787,536 Indirect By Therese Heidi Schuler Trust
Common Stock, Par Value $0.001 Per Share 188,888 Indirect By Schuler GC 2010 Continuation Trust
Common Stock, Par Value $0.001 Per Share 188,888 Indirect By Schuler Grandchildren LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.001 Per Share Warrant to Acquire Common Stock $2.00 2015-06-23 2017-12-23 571,702 571,702 Indirect
Common Stock, Par Value $0.001 Per Share Warrant to Acquire Common Stock $2.00 2015-06-23 2017-12-23 571,702 571,702 Indirect
Common Stock, Par Value $0.001 Per Share Warrant to Acquire Common Stock $2.00 2015-06-23 2017-12-23 571,702 571,702 Indirect
Common Stock, Par Value $0.001 Per Share Warrant to Acquire Common Stock $2.00 2015-06-23 2017-12-23 113 113,332 Indirect
Common Stock, Par Value $0.001 Per Share Warrant to Acquire Common Stock $2.00 2015-06-23 2017-12-23 113,332 113,332 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-12-23 571,702 571,702 Indirect
2017-12-23 571,702 571,702 Indirect
2017-12-23 571,702 571,702 Indirect
2017-12-23 113 113,332 Indirect
2017-12-23 113,332 113,332 Indirect
Footnotes
  1. These shares of Common Stock are directly owned by Seascape Partners L.P., a family limited partnership. H. George Schuler is the manager of Seascape Partners L.P.
  2. These shares of Common Stock and Warrants to acquire Common Stock are directly owned by the Tino Hans Schuler Trust. H. George Schuler is the sole trustee of the Tino Hans Schuler Trust.
  3. These shares of Common Stock and Warrants to acquire Common Stock are directly owned by the Tanya Eve Schuler Trust. H. George Schuler is the sole trustee of the Tanya Eve Schuler Trust.
  4. These shares of Common Stock and Warrants to acquire Common Stock are directly owned by the Therese Heidi Schuler Trust. H. George Schuler is the sole trustee of the Therese Heidi Schuler Trust.
  5. These shares of Common Stock and Warrants to acquire Common 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.
  6. These shares of Common Stock and Warrants to acquire Common Stock are directly owned by the Schuler Grandchildren LLC. H. George Schuler is the manager of the Schuler Grandchildren LLC.
  7. The reporting person disclaims beneficial ownership of the shares of Common Stock and Warrants to acquire Common Stock except to the extent of his pecuniary interest therein.
  8. The reporting person understands that these sales reported herein, which total to 17,500 shares, are matchable under Section 16(b) of the Securities Exchange Act of 1934 against the purchases reported herein, to the extent the purchases equate to the 17,500 shares sold. The reporting person has disgorged to the Issuer the full amount of profits realized in connection with the short-swing transactions, to the extent of his pecuniary interest therein.
  9. This price reflects the weighted average purchase price for open-market purchases of shares made by the reporting person on December 31, 2013, within a $1.00 range. The actual prices for these transactions range from $2.403 to $2.41, inclusive. The reporting person further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
  10. This price reflects the weighted average purchase price for open-market purchases of shares made by the reporting person on December 22, 2014, within a $1.00 range. The actual prices for these transactions range from $1.50 to $1.52, inclusive. The reporting person further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.