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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Trycera Financial, Inc. [ TRYF ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/01/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $0.001 | 10/01/2007 | P | 560,000 | A | $0.25 | 560,000 | I | by Family Trust | ||
Common stock, par value $0.001 | 10/01/2007 | P | 70,000 | A | $0.25 | 70,000 | I | by LLC | ||
Common stock, par value $0.001 | 07/03/2007 | P | 300,000 | A | $0.25 | 300,000 | I | by Family Trust |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options | $1.03 | (1) | 05/29/2017 | Common Stock | 25,000 | 25,000 | D | ||||||||
Options | $1 | 05/27/2007 | 05/27/2016 | Common stock | 25,000 | 25,000 | D | ||||||||
Options | $0.75 | 05/27/2006 | 05/27/2015 | Common stock | 25,000 | 25,000 | D | ||||||||
Options | $0.25 | 05/27/2005 | 05/27/2014 | Common stock | 31,250 | 31,250 | D | ||||||||
Warrants | (2) | 02/05/2007 | 02/28/2014 | Common stock | 25,000 | 25,000 | I | by Family Trust | |||||||
Warrants | (3) | 04/18/2006 | 06/30/2013 | Common stock | 25,000 | 25,000 | I | by Family Trust | |||||||
Warrants | (4) | 09/30/2005 | 12/31/2012 | Common stock | 125,000 | 125,000 | I | by Family Trust | |||||||
Warrants | (5) | 07/03/2007 | 09/10/2014 | Common stock | 37,500 | 37,500 | I | by Family Trust |
Explanation of Responses: |
1. Options vest as follows: 1/4 of the total options granted at the end of each three-month period, which initial period shall commence on the day of the grant, and immediately in the event of a Corporate Transaction, as defined in the Issuer's Stock Option/Stock Issuance Plan. |
2. The warrants are exercisable at $1.25 per share with certain incentives to exercise early. The incentives are: (i) exercisable through two years from February 28, 2007, at $1.00 per share; (ii) after two years and through four years from February 28, 2007, exercisable at $1.125 per share; and (iii) after four years from February 28, 2007, exercisable at $1.25 per share. |
3. The warrants are exercisable at $1.25 per share with certain incentives to exercise early. The incentives are: (i) exercisable through two years from June 30, 2006, at $1.00 per share; (ii) after two years and through four years from June 30, 2006, exercisable at $1.125 per share; and (iii) after four years from June 30, 2006, exercisable at $1.25 per share. |
4. The warrants are exercisable at $1.25 per share with certain incentives to exercise early. The incentives are: (i) exercisable through two years from December 31, 2005, at $1.00 per share; (ii) after two years and through four years from December 31, 2005, exercisable at $1.125 per share, and (iii) after four years from December 31, 2005, exercisable at $1.25 per share. |
5. The warrants are exercisable at $1.25 per share. However, the warrants are exercisable at $1.00 per share (20% discount) from the date of purchase through September 10, 2009. Thereafter they are exercisable after September 10, 2009, through September 10, 2011, at $1.125 per share (10% discount). Beyond September 10, 2011, the warrants are exercisable at $1.125 per share. All warrants are exercisable at any time prior to September 10, 2014. |
/s/ Alan S. Knitowski | 11/19/2007 | |
** 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 Number. |