0001181431-12-000221.txt : 20120103
0001181431-12-000221.hdr.sgml : 20120102
20120103155312
ACCESSION NUMBER: 0001181431-12-000221
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111229
FILED AS OF DATE: 20120103
DATE AS OF CHANGE: 20120103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lowe R Atticus
CENTRAL INDEX KEY: 0001407604
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33888
FILM NUMBER: 12501932
MAIL ADDRESS:
STREET 1: 2151 ALESSANDRO DRIVE
STREET 2: SUITE 100
CITY: VENTURA
STATE: CA
ZIP: 93001
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Helfert Lance W
CENTRAL INDEX KEY: 0001407605
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33888
FILM NUMBER: 12501931
MAIL ADDRESS:
STREET 1: 2151 ALESSANDRO DRIVE
STREET 2: SUITE 100
CITY: VENTURA
STATE: CA
ZIP: 93001
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Orfalea Paul J
CENTRAL INDEX KEY: 0001407606
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33888
FILM NUMBER: 12501930
MAIL ADDRESS:
STREET 1: 2151 ALESSANDRO DRIVE
STREET 2: SUITE 100
CITY: VENTURA
STATE: CA
ZIP: 93001
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERICAN DEFENSE SYSTEMS INC
CENTRAL INDEX KEY: 0001260996
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 230 DUFFY AVENUE
CITY: HICKSVILLE
STATE: NY
ZIP: 11801
BUSINESS PHONE: 516-390-5300
MAIL ADDRESS:
STREET 1: 230 DUFFY AVENUE
CITY: HICKSVILLE
STATE: NY
ZIP: 11801
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WEST COAST ASSET MANAGEMENT INC
CENTRAL INDEX KEY: 0001276537
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33888
FILM NUMBER: 12501933
BUSINESS ADDRESS:
STREET 1: 1205 COAST VILLAGE ROAD
CITY: MONTECITO
STATE: CA
ZIP: 93108
BUSINESS PHONE: 8056535333
MAIL ADDRESS:
STREET 1: 1205 COAST VILLAGE ROAD
CITY: MONTECITO
STATE: CA
ZIP: 93108
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WEST COAST OPPORTUNITY FUND LLC
CENTRAL INDEX KEY: 0001405965
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33888
FILM NUMBER: 12501934
BUSINESS ADDRESS:
STREET 1: C/O WEST COAST ASSET MANAGEMENT INC
STREET 2: 2151 ALESANDRO DRIVE, SUITE 100
CITY: VENTURA
STATE: CA
ZIP: 93001
BUSINESS PHONE: 805-653-5333
MAIL ADDRESS:
STREET 1: C/O WEST COAST ASSET MANAGEMENT INC
STREET 2: 2151 ALESANDRO DRIVE, SUITE 100
CITY: VENTURA
STATE: CA
ZIP: 93001
4
1
rrd329105.xml
PRIVATE ADFS SALE
X0304
4
2011-12-29
1
0001260996
AMERICAN DEFENSE SYSTEMS INC
EAG
0001405965
WEST COAST OPPORTUNITY FUND LLC
1205 COAST VILLAGE ROAD
MONTECITO
CA
93108
0
0
1
0
0001276537
WEST COAST ASSET MANAGEMENT INC
1205 COAST VILLAGE ROAD
MONTECITO
CA
93108
0
0
1
0
0001407604
Lowe R Atticus
1205 COAST VILLAGE ROAD
MONTECITO
CA
93108
0
0
1
0
0001407605
Helfert Lance W
1205 COAST VILLAGE ROAD
MONTECITO
CA
93108
0
0
1
0
0001407606
Orfalea Paul J
1205 COAST VILLAGE ROAD
MONTECITO
CA
93108
0
0
1
0
Common Stock
2011-12-29
2011-12-29
4
P
0
1833134
.025
D
11161689
D
Common Stock
2011-12-29
2011-12-29
4
P
0
4569510
.023
D
6592179
D
Common Stock
2011-12-29
2011-12-29
4
P
0
4569510
.023
D
2022669
D
Common Stock
2011-12-29
2011-12-29
4
P
0
1200000
.0219
D
822669
D
Common Stock
2011-12-29
2011-12-29
4
P
0
822669
.0219
D
0
D
Option to Purchase Common Stock
.075
2011-12-29
4
P
0
1803836
A
2012-06-29
2012-12-31
Common Stock
1803836
1803836
D
Option to Purchase Common Stock
.075
2011-12-29
4
P
0
1598082
A
2012-06-29
2012-12-31
Common Stock
1598082
3401918
D
Option to Purchase Common Stock
0.075
2011-12-29
4
P
0
1598082
A
2012-06-29
2012-12-31
Common Stock
1598082
5000000
D
Pursuant to the Purchase and Option Agreement effecting this transaction, in addition to the cash consideration the purchaser granted back options to purchase 1,803,836 shares of common stock described in Table II.
Pursuant to the Purchase and Option Agreement effecting this transaction, in addition to the cash consideration the purchaser granted back options to purchase 1,598,082 shares of common stock described in Table II.
These options were granted back pursuant to a Purchase and Option Agreement entered into in connection with the sale of 1,833,134 shares of common stock described in Table I.
These options were granted back pursuant to a Purchase and Option Agreement entered into in connection with the sale of 4,569,510 shares of common stock described in Table I.
West Coast Asset Management, Inc. (the "Investment Manager") is the investment manager to separately managed accounts, some of which are affiliated with the Reporting Persons (the "Accounts"). The Accounts directly own all of the shares reported herein. Atticus Lowe, Lance Helfert and Paul Orfalea serve on the investment committee of the Investment Manager. Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
/s/ West Coast Opportunity Fund, LLC By: West Coast Asset Management, Inc., its Managing Member /s/ By: Diana Pereira Chief Financial Officer By: Power of Attorney
2011-01-03
Atticus Lowe By: Diana Pereira By: Power of Attorney
2011-01-03
Paul Orfalea By: Diana Pereira By: Power of Attorney
2011-01-03
Lance Helfert By: Diana Pereira By: Power of Attorney
2011-01-03
West Coast Asset Management, Inc. By Diana Pereira, Chief Financial Officer
2011-01-03