SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

PLATT GEORGE C

(Last)

(First)

(Middle)

3701 W. PLANO PARKWAY

SUITE 300

(Street)

PLANO

75075

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
VIEWCAST COM INC [ VCST.OB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2010

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/19/2010		P		14,000	A	$0.14	224,694	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option Grant	$0.17	04/01/2010		A		25,000		04/01/2011	04/01/2017	Common Stock	25,000	$0.00	25,000	D
Stock Option Grant	$0.48							04/15/2010	04/15/2016	Common Stock	200,000		200,000	D
Stock Option Grant	$0.42							⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	11/11/2015	Common Stock	30,000		30,000	D
Stock Option Grant	$0.48							⁽²⁾	02/08/2015	Common Stock	50,000		50,000	D
Stock Option Grant	$0.48							⁽³⁾	02/08/2015	Common Stock	50,000		50,000	D
Stock Option Grant	$0.42							⁽⁴⁾	07/12/2014	Common Stock	50,000		12,500	D
Stock Option Grant	$0.285							04/19/2005	04/19/2015	Common Stock	70,000		70,000	D
Stock Option Grant	$0.485							07/03/2002	07/03/2012	Common Stock	70,000		70,000	D
Stock Option Grant	$1.094							02/28/2001	02/28/2011	Common Stock	200,000		200,000	D
Stock Option Grant	$2.5							08/04/2000	08/04/2010	Common Stock	50,000		50,000	D
Stock Option Grant	$7.094							09/17/1999	09/17/2009	Common Stock	400,000		400,000	D

Explanation of Responses:

1. All options are exercisable

2. Pursuant to Viewcast.com, Inc.'s (the "Company") 2005 Stock Incentive Plan, 16,667 shares will vest on 2/8/2009. The remaining 33,333 shares will vest in 1/36th increments each month thereafter.

3. Pursuant to the Company's 2005 Stock incentive Plan, 20,833 shares will vest on 3/31/2009 contingent on the Company meeting certain performance criteria. The remaining 29,167 shares will vest in 1/36th increments each month thereafter.

4. Pursuant to the Company's 2005 Stock Incentive Plan, 12,500 will vest on 7/10/2008. The remaining 37,500 shares will vest in 1/36th increments each month beginning on 1/31/2008 contigent on the Company meeting certain performance criteria.

Remarks:

	George C. Platt	08/20/2010
	** 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).
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