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USBC, Inc. Director's Dealing 2015

Jan 27, 2015

33069_dirs_2015-01-27_ba207670-5422-4d40-9355-52d319db7b1b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISUALANT INC (VSUL)
CIK: 0001074828
Period of Report: 2015-01-23

Reporting Person: ERICKSON RONALD P (Director, CEO and President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-01-23 Option to Purchase Common Stock $.15 J 1000000 Disposed 2020-05-09 Common Stock (1000000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3059706 Direct
Common Stock 500000 Indirect
Common Stock 66667 Indirect
Common Stock 1050000 Indirect
Common Stock 8500000 Indirect
Common Stock 152000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series A Warrant $.15 2018-06-14 Common Stock (5000000) 5000000 Indirect
Series B Warrant $.20 2018-06-14 Common Stock (5000000) 5000000 Indirect
Option to Purchase Common Stock $.13 2022-06-08 Common Stock (1000000) 1000000 Direct

Footnotes

F1: Held by Dia Armenta, the Reporting Person's wife.

F2: Held by eCharge Corp.

F3: Held by Juliz Limited Partnership- Family LP.

F4: Held by J3E2A2Z Limited Partnership.

F5: Held by Cerillion N4, an entity that is 50% owned by Dia Armenta, the Reporting Person's wife.

F6: Option vests quarterly over 2 years commencing 05/10/2010.

F7: Option vests quarterly over 1 year commencing 06/08/2012.

F8: Option shares cancelled.