4//SEC Filing
CVF LLC 4
Accession 0001112278-03-000001
CIK 0001090507other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 12:46 PM ET
Size
22.9 KB
Accession
0001112278-03-000001
Insider Transaction Report
Form 4
CVF, LLC
10% OwnerOther
Transactions
- Other
Common Stock
2003-11-13$4.43/sh+136,316$603,880→ 2,249,801 total(indirect: See ftn.) - Other
Warrants
2003-11-13−136,316→ 0 total(indirect: See ftn.)Exercise: $4.92From: 2002-10-11Exp: 2004-12-31→ Common Stock (136,316 underlying) - Other
Warrants
2003-11-13+68,158→ 68,158 total(indirect: See ftn.)Exercise: $9.60From: 2003-11-13Exp: 2004-11-12→ Common Stock (68,158 underlying)
Footnotes (2)
- [F1]Richard Goodman is the Executive Manager of CVF, LLC, which beneficially owns the securities reported on this Form 4. Longview Management Group, LLC ("Longview") manages investment accounts for CVF, LLC, exercises voting and dispositive control over the securities held by CVF, LLC, and, accordingly, is deemed to beneficially own the securities reported on this Form 4. As President of Longview, James A. Star is deemed to beneficially own the securities reported on this Form 4. As the majority equity owner of Longview, the Edward Memorial Trust and its trustee, Geoffrey F. Grossman, are deemed to beneficially own the securities reported on this Form 4. Except for such deemed ownership, neither Mr. Goodman, Longview, Mr. Star, the Edward Memorial Trust, nor Mr. Grossman own any securities of the Issuer and each of them disclaim beneficial ownership of such securities.
- [F2]CVF, LLC exchanged 136,316 warrants issued pursuant to the Issuer's 2002 shareholder loyalty program (the "Shareholder Loyalty Warrants") for the same number of warrants exercisable at $4.43 per share (the "New Warrants") pursuant to an offer made by the Issuer to the holders of the Shareholder Loyalty Warrants. As a condition to the exchange, CVF, LLC was required to exercise all of the New Warrants immediately upon receipt. Each New Warrant was exercisable into one share of Common Stock and a warrant to purchase an additional share of Common Stock for $9.60 for every two New Warrants exercised.
Documents
Issuer
MEDIS TECHNOLOGIES LTD
CIK 0001090507
Entity typeother
Related Parties
1- filerCIK 0001112278
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 12:46 PM ET
- Size
- 22.9 KB