ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

VCST ViewCast com Inc (CE)

0.0002
0.00 (0.00%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ViewCast com Inc (CE) USOTC:VCST OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0002 0.00 01:00:00

- Statement of Changes in Beneficial Ownership (4)

06/05/2011 10:34pm

Edgar (US Regulatory)


FORM 4
[ ] 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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

ARDINGER HORACE T JR
2. Issuer Name and Ticker or Trading Symbol

VIEWCAST COM INC [ VCST ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1990 LAKEPOINT DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

5/4/2011
(Street)

LEWISVILLE, TX 75057
(City)        (State)        (Zip)
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   5/4/2011     J (4)    6666667   A $0.60   16193212   D    
Common Stock   5/4/2011     J (5)    3333333   A $0.60   19526545   D    

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
Series B Convertible Preferred Stock   $3.625   5/4/2011     D   (1)       400000      (2)   (3) Common Stock   400000     (1) 0   D    
Series B Convertible Preferred Stock   $0.60   5/4/2011     A   (1)    400000       5/4/2011     (3) Common Stock   400000     (1) 400000   D    
Series B Convertible Preferred Stock   $0.60   5/4/2011     J         400000   (4)   5/4/2011     (3) Common Stock   400000   (4)   (4) 0   D    
Series C Convertible Preferred Stock   $0.60   5/4/2011     J         200000   (5)     (6)   (7) Common Stock   400000   (5)   (5) 0   D    

Explanation of Responses:
( 1)  The transactions in rows 1 and 2 of Table II are reported to disclose an adjustment to the conversion price of the Series B Convertible Preferred Stock.
( 2)  The Series B Convertible Preferred Stock is convertible at any time commencing 120 days from the closing of the offering of such stock. The issuer filed a Certificate of Designations designating such stock on April 8, 1999.
( 3)  The Series B Convertible Preferred Stock has no expiration date.
( 4)  Pursuant to the conversion price adjustment described in footnote 1 above, the Series B Convertible Preferred Stock is convertible into common stock of the issuer at a price per share of $0.60. On May 4, 2011, the reporting person converted 400,000 shares of his Series B Convertible Preferred Stock at a conversion price of $0.60 a share, resulting in the issuance to the reporting person of 6,666,667 shares of common stock of the issuer.
( 5)  The Series C Convertible Preferred Stock is convertible into common stock of the issuer at a price per share of $0.60. On May 4, 2011, the reporting person converted 200,000 shares of his Series C Convertible Preferred Stock at a conversion price of $0.60 a share, resulting in the issuance to the reporting person of 3,333,333 shares of common stock of the issuer.
( 6)  The Series C Convertible Preferred Stock is convertible at any time commencing 120 days from the closing of the offering of such stock. The issuer filed a Certificate of Designations designating such stock on November 13, 2001.
( 7)  The Series C Convertible Preferred Stock has no expiration date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
ARDINGER HORACE T JR
1990 LAKEPOINT DRIVE
LEWISVILLE, TX 75057

X


Signatures
Horace T. Ardinger Jr. 5/6/2011
** 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 ViewCast com (CE) Chart

1 Year ViewCast com (CE) Chart

1 Month ViewCast com (CE) Chart

1 Month ViewCast com (CE) Chart