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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 10:36pm

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 FAMILY PARTNERSHIP
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

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 E Convertible Redeemable Preferred Stock     (1) 5/4/2011     D   (2)       80000    12/11/2006     (3) Common Stock   80000     (2) 0   D    
Series E Convertible Redeemable Preferred Stock   $0.50   (2) 5/4/2011     A   (2)    80000       5/4/2011     (3) Common Stock   80000     (2) 80000   D    

Explanation of Responses:
( 1)  Under the Certificate of Designation for the Series E Convertible Redeemable Preferred Stock, the conversion price of such stock is the lesser of (a) $0.60 per share, (b) the amount of a 15% early conversion discount if converted within the first 24 months of issuance, or (3) the average closing price of the issuer's common stock for the 20 trading days preceding conversion.
( 2)  The transactions in rows 1 and 2 of Table II are reported to disclose a temporary adjustment to the conversion price of the Series E Convertible Redeemable Preferred Stock. This temporary adjustment period expires May 4, 2012.
( 3)  The Series E Convertible Redeemable Preferred Stock has no expiration date. The issuer has the right once in any given 12-month period to convert a certain portion of such stock if the closing price for the issuer's common stock during a specified period of time is at least 150% of the then-applicable conversion price.

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

X


Signatures
Horace T. Ardinger Jr., General Partner 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.

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