XOTC:VUZI Vuzix Corporation Insider Activity 4 Filing - 6/28/2012

Effective Date 6/28/2012

XOTC:VUZI (Vuzix Corporation): Fair Value Estimate
Premium
XOTC:VUZI (Vuzix Corporation): Consider Buying
Premium
XOTC:VUZI (Vuzix Corporation): Consider Selling
Premium
XOTC:VUZI (Vuzix Corporation): Fair Value Uncertainty
Premium
XOTC:VUZI (Vuzix Corporation): Economic Moat
Premium
XOTC:VUZI (Vuzix Corporation): Stewardship
Premium
 
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Lee William
  2. Issuer Name and Ticker or Trading Symbol
Vuzix Corp [VZX:TSXV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
75 TOWN CENTRE DR, C/O VUZIX CORPORATION
3. Date of Earliest Transaction (Month/Day/Year)
06/28/2012
(Street)

ROCHESTER, NY 14623
4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock               149,000 D  
Common Stock 06/28/2012   P   20,000 A $0.04(1) 169,000 D  
Common Stock 06/29/2012   P   20,000 A $0.04(1) 189,000 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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
Warrant (right to buy) $0.2849             12/24/2009 12/23/2012 Common Stock 50,000   50,000 D  
Warrant (right to buy) $0.2849             12/24/2009 12/23/2012 Common Stock 12,500   12,500 I By spouse
Warrant (right to buy) $0.2849             12/24/2009 12/23/2012 Common Stock 12,500   12,500 I By son
Stock Option (right to buy) $0.19             12/24/2009 12/23/2019 Common Stock 300,000   300,000 D  
Stock Option (right to buy) $0.15               (2) 02/24/2021 Common Stock 150,000   150,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Lee William
75 TOWN CENTRE DR
C/O VUZIX CORPORATION
ROCHESTER, NY 14623
  X      

Signatures

 /s/ Grant Russell, as attorney-in-fact for William J. Lee   06/29/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Purchased in Canadian dollars.
(2) These options were granted under the Issuer's 2009 Stock Option Plan and vest 12 months from the date of grant in equal monthly installments.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XOTC:VUZI Vuzix Corporation Insider Activity 4 Filling

Vuzix Corporation XOTC:VUZI Stock - Get Insider Activity SEC Filing of Vuzix Corporation XOTC:VUZI stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

Content Partners
XOTC:VUZI Vuzix Corporation Insider Activity 4 Filing - 6/28/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Popularity |  Our Choices Title |  Date |  Company |  Symbol |  Interest |  Popularity

Previous: XOTC:VUOC Quarterly Report 10-Q Filing - 6/30/2012  |  Next: XOTC:VUZI Vuzix Corporation Insider Activity 4 Filing - 9/6/2012