SEC Form 4 · accession 0000948520-17-000011
VICON INDUSTRIES INC /NY/ · VII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anita G Zucker
10% Owner
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 3:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000310056
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Dec 15, 2017 | S | 100,000 | $0.4363 | D | 7,785,000 | I | See footnotes |
| Common StockF2,F3 | Dec 15, 2017 | S | 60,000 | $0.457 | D | 7,725,000 | I | See footnotes |
| Common StockF2,F3 | Dec 15, 2017 | S | 25,000 | $0.46 | D | 7,700,000 | I | See footnotes |
| Common StockF2,F3 | Dec 15, 2017 | S | 32,500 | $0.4179 | D | 7,667,500 | I | See footnotes |
| Common StockF2,F3 | Dec 18, 2017 | S | 100,000 | $0.4006 | D | 7,567,500 | I | See footnotes |
| Common StockF2,F3 | Dec 18, 2017 | S | 40,000 | $0.41 | D | 7,527,500 | I | See footnotes |
| Common StockF2,F3 | Dec 18, 2017 | S | 27,500 | $0.4156 | D | 7,500,000 | I | See footnotes |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF4 | $0.40 | holding | — | — | — | Apr 20, 2017 | Apr 20, 2020 | Common Stock | 1,500,000 | 1,500,000 | I |
Explanation of responses
- F1The reporting person's sale of VII common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act with the reporting person's purchase of 385,000 shares of VII common stock at a price of $0.40 on November 7, 2017. The reporting person plans to pay promptly to VII the full amount of the profit realized in connection with the short-swing transactions, less transaction costs.
- F2385,000 shares sold were directly owned by the Article 6 Marital Trust, a ten percent owner of the issuer, and indirectly by Anita G. Zucker, as trusteeand beneficiary of the trust.
- F37,500,000 shares are owned directly by NIL Funding Corporation, a subsidiary of the Article 6 Marital Trust and indirectly by Anita G. Zucker as as trustee and beneficiary of the trust.
- F4The warrants are owned directly by NIL Funding Corporation, a subsidiary of the Article 6 Marital Trust, and indirectly by Anita G. Zucker, as trustee and beneficiary of the trust.