Home > Insider Trading > Filing (0001140361-15-012934)

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

Show Other Fields >>

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

Show Other Fields >>

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

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.
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.
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.
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.
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.
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.
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.
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.
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.
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.