SEC Form 4 · accession 0001144204-15-038472
LYRIS, INC. · LYRI.OB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Philpin
Officer — President & CEO · Director
Period of report
Jun 22, 2015
Accepted (ET)
Jun 23, 2015 · 10:04 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166220
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $2.00 | Jun 22, 2015 | D | 80,000 | A | — | Jul 1, 2023 | Common Stock | 80,000 | 0 | D |
| Employee Stock Option (right to buy)F1 | $1.68 | Jun 22, 2015 | D | 53,000 | A | — | Jul 24, 2023 | Common Stock | 53,000 | 0 | D |
| Employee Stock Option (right to buy)F1 | $1.42 | Jun 22, 2015 | D | 300,000 | A | — | Oct 7, 2023 | Common Stock | 53,000 | 0 | D |
Explanation of responses
- F1Cancelled pursuant to Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 4, 2015 by and between Lyris and LY Acquisition Corp ("Buyer"). Pursuant to the Merger Agreement, Buyer will merge into Lyris, with Lyris continuing as the surviving corporation. Upon consummation of the merger, Lyris will become a subsidiary of Aurea Software.