SACANE SCOTT 4
4 · NOVOSTE CORP /FL/ · Filed Aug 22, 2003
Insider Transaction Report
Form 4
DURUS CAPITAL MANAGEMENT
10% Owner
Transactions
- Purchase
Common Stock
2003-03-05$7.30/sh+22,000$160,600→ 1,622,562 total(indirect: See Footnote) - Sale
Common Stock
2003-06-30$5.98/sh−14,000$83,703→ 1,490,822 total(indirect: See Footnote)
Footnotes (4)
- [F1]This Form 4 is being filed by Durus Capital Management LLC ("Capital") and Scott Sacane. Because the SEC's electronic filing system does not allow for the disclosure of more than 30 transactions on one Form 4, the Reporting Persons are filing 3 simultaneous Form 4s to report their reportable transactions all of which together shall be deemed a single report filed on this date. This is the 4th Form 4 of the 4 filings.
- [F2]In accordance with instruction 4(b)(iv) of Form 4, these amounts reflect the aggregate amount of shares controlled by Capital (and by Scott Sacane through Capital) under Section 13(d) of the Exchange Act. Each Reporting Person disclaims beneficial ownership under Section 16 of the Exchange Act with respect to such transactions or securities, as applicable, to the extent greater than their indirect pecuniary interest therein.
- [F3]Through Durus Life Sciences Master Fund Ltd.
- [F4]The Reporting Persons are currently unable to determine the exact time of day that these transactions were effected. The Reporting Persons disclaim the applicability of Section 16 to these transactions to the extent the transactions occurred when Section 16 was inapplicable to such transactions.