SYNBIOTICS CORP 4
4 · SYNBIOTICS CORP · Filed Apr 8, 2005
Insider Transaction Report
Form 4
SYNBIOTICS CORPSBIO
REDWOOD WEST COAST LLC
10% Owner
Transactions
- Conversion
Common Stock
2005-04-07$0.13/sh+12,215,907$1,569,744→ 12,215,907 total - Conversion
Series C Preferred Stock
2005-04-07−12,215,907→ 9,580,761 total→ Common Stock (12,215,907 underlying)
Footnotes (1)
- [F1]On April 7, 2005, Redwood West Coast, LLC converted 1,569 shares of Series C Convertible Preferred Stock of Synbiotics Corporation into 12,215,907 shares of Common Stock of Synbiotics Corporation. Redwood West Coast, LLC is the beneficial owner of 12,215,907 shares of Common Stock of Synbiotics Corporation and 1,231 shares of Series C Convertible Preferred Stock of Synbiotics Corporation. The shares are convertible at any time into such number of shares of Common Stock by dividing each share of Series C Convertible Preferred Stock, valued at $1,000, by the conversion price - initially set at $0.12846.