-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B3a18GqaoIxcGnfGZX4dlhGX9C35DYhYDOINbL0dqHsLUY9L1Nq1y3s0LLspm3eD 1UBrqs+ZBlwBHFM96aO1GQ== 0001094891-02-000134.txt : 20020416 0001094891-02-000134.hdr.sgml : 20020416 ACCESSION NUMBER: 0001094891-02-000134 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020328 FILED AS OF DATE: 20020410 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VIDEO NETWORK COMMUNICATIONS INC CENTRAL INDEX KEY: 0000944310 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 541707962 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22235 FILM NUMBER: 02606402 BUSINESS ADDRESS: STREET 1: 50 INTERNATIONAL DRIVE CITY: PORTSMOUTH STATE: NH ZIP: 03801 BUSINESS PHONE: 6033346700 MAIL ADDRESS: STREET 1: 50 INTERNATIONAL DRIVE CITY: PORTSMOUTH STATE: NH ZIP: 03801 FORMER COMPANY: FORMER CONFORMED NAME: OBJECTIVE COMMUNICATIONS INC DATE OF NAME CHANGE: 19970122 COMPANY DATA: COMPANY CONFORMED NAME: FIREBRAND FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000814774 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] OWNER IRS NUMBER: 133414302 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: ONE STATE STREET PLAZA STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2125093800 MAIL ADDRESS: STREET 1: ONE STATE STREET PLAZA STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 FORMER COMPANY: FORMER CONFORMED NAME: GKN HOLDING CORP DATE OF NAME CHANGE: 19940617 FORMER COMPANY: FORMER CONFORMED NAME: RESEARCH PARTNERS INTERNATIONAL INC DATE OF NAME CHANGE: 19980727 4 1 edgar.txt FORM 4 - MARCH 28, 2002 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Firebrand Financial Group, Inc. One State Street Plaza, 24th Floor New York, NY 10004 USA 2. Issuer Name and Ticker or Trading Symbol Video Network Communications, Inc. VNWC 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year March 28, 2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. Individual or Joint/Group Filing (Check Applicable Line) ( ) Form filed by One Reporting Person (X) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Warrants |$1.30 |3/28/|P | |174,500 |A |8/26/|8/26/|Common Stock|349,000|(2) |174,500 |(1)|(1) | | |02 | | | | |02 |07 | | | | |(2)| | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) The Reporting Persons are: Firebrand Financial Group, Inc. ("FFGI"), EarlyBirdCapital.com Inc. ("EBC"), Dalewood Associates, Inc. ("Dalewood") and Dalewood Associates LP ("Dalewood LP"). FFGI is the majority shareholder of EBC. EBC wholly owns Dalewood. Dalewood is the general partner of Dalewood LP. For purposes of this Form 4, FFGI is reporting the Issuer's securities beneficially owned by EBC; EBC is reporting the Issuer's securities beneficially owned by Dalewood; Dalewood is reporting the Issuer's securities owned of record by Dalewood LP; and Dalewood LP is reporting its record ownership of the Issuer's securities. Each Reporting Person herein disclaims beneficial ownership of the reported securities except to the extent of each Reporting Person's pecuniary interest therein. (2) Dalewood LP purchased the warrants to purchase up to 349,000 shares of the Issuer's common stock reported on herein and a 9% unsecured promissory note in the principal amount of $174,500 for a total investment of $174,500. JOINT FILER INFORMATION The additional Reporting Persons are: Name: EarlyBirdCapital.com Inc. Address: One State Street Plaza, 24th floor, New York, NY 10004 Date of Event: March 28, 2002 /s/ Peter R. Kent - ----------------------------------------- Peter R. Kent, President and Chief Operating Officer Name: Dalewood Associates, Inc. Address: One State Street Plaza, 24th floor, New York, NY 10004 Date of Event: March 28, 2002 /s/ Deborah S. Novick - ------------------------------------------------ Deborah S. Novick, Vice President and Secretary Name: Dalewood Associates LP Address: One State Street Plaza, 24th floor, New York, NY 10004 Date of Event: March 28, 2002 By: Dalewood Associates, Inc., Manager /s/ Deborah S. Novick - --------------------------------------- Deborah S. Novick, Vice President and Secretary SIGNATURE OF REPORTING PERSON /s/ Peter R. Kent, Chief Operating Officer DATE April 9, 2002
-----END PRIVACY-ENHANCED MESSAGE-----