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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sys Technologies, Inc. | AMEX:SYS | AMEX | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
OMB APPROVAL
OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5 |
|
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person
*
LAKE EDWARD M |
2. Issuer Name
and
Ticker or Trading Symbol
SYS [ SYS ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) Chief Financial Officer |
5050 MURPHY CANYON ROAD, SUITE 200 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
|
|
SAN DIEGO, CA 92123 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
||||||||||
1.Title of Security
(Instr. 3) |
2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 6/27/2008 | M | 100000 | A | $2.05 | 106944 | D | |||
Common Stock | 6/27/2008 | M | 40000 | A | $2.00 | 146944 | D | |||
Common Stock | 6/27/2008 | M | 40000 | A | $2.41 | 186944 | D | |||
Common Stock | 6/27/2008 | M | 15000 | A | $2.25 | 201944 | D | |||
Common Stock | 6/27/2008 | D | 169449 | D | $2.45 | 32495 | D | |||
Common Stock | 6/28/2008 | J | 32495 | D | $2.45 | 0 | D | |||
Common Stock | 6/28/2008 | J | 26989 | D | $2.45 | 0 | I | Edward M. & Stina I Lake JT TEN | ||
Common Stock | 6/28/2008 | J | 5000 | D | $2.45 | 0 | I | Edward M. Lake and Stina Sundberg Lake JTWROS |
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) |
|||||||||||||||
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (1) | $2.70 | 6/28/2008 | J | 23500 | 9/24/2004 | 9/24/2009 | Common Stock | 23500 | $2.70 | 268500 | D | ||||
Stock Options (2) | $2.70 | 6/28/2008 | J | 23500 | 9/24/2004 | 9/24/2009 | Common Stock | 23500 | $2.70 | 245000 | D | ||||
Stock Options (3) | $2.55 | 6/28/2008 | J | 10122 | 3/30/2005 | 3/30/2010 | Common Stock | 10122 | $2.55 | 234878 | D | ||||
Stock Options (4) | $2.55 | 6/28/2008 | J | 39878 | 3/30/2005 | 3/30/2010 | Common Stock | 39878 | $2.55 | 195000 | D | ||||
Stock Options | $2.05 | 6/27/2008 | M | 30000 | 7/30/2004 | 7/30/2013 | Common Stock | 30000 | $2.05 | 165000 | D | ||||
Stock Options | $2.05 | 6/27/2008 | M | 30000 | 7/30/2005 | 7/30/2013 | Common Stock | 30000 | $2.05 | 135000 | D | ||||
Stock Options | $2.05 | 6/27/2008 | M | 40000 | 7/30/2006 | 7/30/2013 | Common Stock | 40000 | $2.05 | 135000 | D | ||||
Stock Options | $2.00 | 6/27/2008 | M | 40000 | 1/22/2004 | 1/22/2009 | Common Stock | 40000 | $2.00 | 55000 | D | ||||
Stock Options | $2.41 | 6/27/2008 | M | 40000 | 8/2/2006 | 8/2/2011 | Common Stock | 40000 | $2.41 | 15000 | D | ||||
Stock Options | $2.25 | 6/27/2008 | M | 15000 | 9/18/2008 | 9/18/2012 | Common Stock | 15000 | $2.25 | 0 | D | ||||
Convertible Note (5) | $3.60 | 6/28/2008 | J | 6944 | 2/14/2006 | 2/14/2009 | Common Stock | 6944 | $3.6 | 0 | D |
Explanation of Responses: | |
( 1) | Expiring Options - Code J transaction above: expiration of 23,500 stock options, no value received. |
( 2) | Expiring Options - Code J transaction above: expiration of 23,500 stock options, no value received. |
( 3) | Expiring Options - Code J transaction above: expiration of 10,122 stock options, no value received. |
( 4) | Expiring Options - Code J transaction above: expiration of 39,878 stock options, no value received. |
( 5) | Convertible note assumed by Kratos. |
Reporting Owners
|
|||||
Reporting Owner Name / Address |
|
||||
Director | 10% Owner | Officer | Other | ||
LAKE EDWARD M
5050 MURPHY CANYON ROAD SUITE 200 SAN DIEGO, CA 92123 |
|
|
Chief Financial Officer |
|
Signatures
|
||
/s/ Edward M. Lake | 7/1/2008 | |
** Signature of Reporting Person |
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1 Year Sys Chart |
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