Patents by Inventor David Seaman

David Seaman has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 7765144
    Abstract: A plurality of option value prices are determined for employee stock options and provided to employees during a first part of a decision period. A stock price corresponding to a particular one of the plurality of option value prices is determined and provided to the employees during the second part of the decision period. A plurality of transfer periods for employee stock options are provided, with a plurality of decision periods during each transfer period. An option value determined by an option value pricing formula is provided during each decision period.
    Type: Grant
    Filed: November 26, 2003
    Date of Patent: July 27, 2010
    Assignee: JP Morgan Chase Bank
    Inventors: Stephen E. Gray, Stephen L. Roti, David A. Seaman
  • Patent number: 7739165
    Abstract: A financial instrument with two parts sold as a unit, comprising a preferred security in a company that is issued directly by the company; and a warrant to buy a common security in the company, wherein the instrument includes a redemption right that is exercisable by the company on both the preferred security and the warrant.
    Type: Grant
    Filed: June 3, 2005
    Date of Patent: June 15, 2010
    Assignee: JPMorgan Chase Bank
    Inventors: Jeffrey J. Zajkowski, Gautam Sareen, David A. Seaman, Wenyan Winston Ma
  • Publication number: 20100138332
    Abstract: A warrant on company stock that is used to determine value of employee options for U.S. accounting purposes on company stock. The warrant comprises an amortization factor, an exercise term that is the same or substantially similar to an exercise term of the employee options, and a strike price that is the same or substantially similar to a strike price of the employee options. The warrant also comprises a provision to periodically determine the amortization factor based on early forfeiture and/or early exercise of the employee options, a provision to apply the amortization factor to the warrants; and a provision to determine an intrinsic value of the warrants. Value of the employee options for U.S. accounting purposes is determined using market value of the warrants at issue.
    Type: Application
    Filed: January 29, 2010
    Publication date: June 3, 2010
    Inventors: David A. Seaman, Santosh V. Nabar, Mark J. Zanoli
  • Patent number: 7693770
    Abstract: A warrant on company stock that is used to determine value of employee options for U.S. accounting purposes on company stock. The warrant comprises an amortization factor, an exercise term that is the same or substantially similar to an exercise term of the employee options, and a strike price that is the same or substantially similar to a strike price of the employee options. The warrant also comprises a provision to periodically determine the amortization factor based on early forfeiture and/or early exercise of the employee options, a provision to apply the amortization factor to the warrants, and a provision to determine an intrinsic value of the warrants. Value of the employee options for U.S. accounting purposes is determined using market value of the warrants at issue.
    Type: Grant
    Filed: July 12, 2005
    Date of Patent: April 6, 2010
    Assignee: JP Morgan Chase & Co.
    Inventors: David A. Seaman, Santosh V. Nabar, Mark J. Zanoli
  • Publication number: 20090105528
    Abstract: A sexual stimulation aid with a phallus-shaped portion for insertion into a human cavity capable of receiving sexual pleasure. The phallus-shaped portion has a engaging surface engagable with a chin of a wearer such that the phallus-shaped portion extends in a direction generally forwardly and outwardly of the chin. A strap secures the phallus-shaped portion to a wearer with the engaging surface engaged with the chin of the wearer. An extension extends from the phallus-shaped portion and has at least one surface that is engagable with a body portion of a receiver of the phallus-shaped portion. An electrically powered vibrator unit is contained within the phallus-shaped portion to provide vibratory stimulus. A second vibration unit may be contained within the extension.
    Type: Application
    Filed: July 22, 2008
    Publication date: April 23, 2009
    Inventor: David Seaman
  • Patent number: 7451109
    Abstract: An exchangeable security, tradable on a securities exchange is issued at a share price that is a discount from the share price of an underlying security or basket of underlying securities. At or prior to maturity of the exchangeable security, a holder of the exchangeable security may exchange a share of the exchangeable security for a share of the underlying security or basket of underlying securities. The exchangeable security may also include a linked payment that is redeemable for the full amount of the payment on maturity of the exchangeable security. Alternatively, the exchangeable security may be issued at the share price of the underlying security with the linked payment. The invention provides methods for issue, trade and redemption as well as systems for issue, trade and redemption of the security.
    Type: Grant
    Filed: January 25, 2001
    Date of Patent: November 11, 2008
    Assignee: Morgan Guarantee Trust Company of New York
    Inventor: David A Seaman
  • Publication number: 20070022035
    Abstract: A company provides options to an employee on stock of the company at a first time, the options comprising at least a strike price, a maturity date, a vesting requirement and a restriction on transfer. At a second time that is after the first time, the company provides a registration statement and a prospectus, the registration statement and the prospectus covering sale or transfer of the options from the employee to a third party.
    Type: Application
    Filed: October 25, 2005
    Publication date: January 25, 2007
    Inventors: David Seaman, Santosh Nabar
  • Publication number: 20070022038
    Abstract: A company issues options to an employee on stock of an issuing company at a first time. The options comprising at least a strike price, a maturity date and a vesting date. Information on the options is provided to a plurality of bidders at a second time that is after the first time. The information comprising strike price, maturity date and number of options. Bid information is received from the plurality of bidders. A probability distribution function is selected, and a price density distribution is computed for the plurality of bidders using the received bid information and the probability distribution function. A preferred bidder is selected from the plurality of bidders based on the price density distribution, and the bid information from the preferred bidder is provided to the employee.
    Type: Application
    Filed: October 11, 2005
    Publication date: January 25, 2007
    Inventors: David Seaman, Santosh Nabar
  • Publication number: 20060277125
    Abstract: A financial instrument with two parts sold as a unit, comprising a preferred security in a company that is issued directly by the company; and a warrant to buy a common security in the company, wherein the instrument includes a redemption right that is exercisable by the company on both the preferred security and the warrant.
    Type: Application
    Filed: June 3, 2005
    Publication date: December 7, 2006
    Inventors: Jeffrey Zajkowski, Gautam Sareen, David Seaman, Wenyan Ma
  • Publication number: 20060080218
    Abstract: A warrant on company stock that is used to determine value of employee options for U.S. accounting purposes on company stock. The warrant comprises an amortization factor, an exercise term that is the same or substantially similar to an exercise term of the employee options, and a strike price that is the same or substantially similar to a strike price of the employee options. The warrant also comprises a provision to periodically determine the amortization factor based on early forfeiture and/or early exercise of the employee options, a provision to apply the amortization factor to the warrants, and a provision to determine an intrinsic value of the warrants. Value of the employee options for U.S. accounting purposes is determined using market value of the warrants at issue.
    Type: Application
    Filed: July 12, 2005
    Publication date: April 13, 2006
    Inventors: David Seaman, Santosh Nabar, Mark Zanoli
  • Publication number: 20050114242
    Abstract: A plurality of option value prices are determined for employee stock options and provided to employees during a first part of a decision period. A stock price corresponding to a particular one of the plurality of option value prices is determined and provided to the employees during the second part of the decision period. A plurality of transfer periods for employee stock options are provided, with a plurality of decision periods during each transfer period. An option value determined by an option value pricing formula is provided during each decision period.
    Type: Application
    Filed: November 26, 2003
    Publication date: May 26, 2005
    Inventors: Stephen Gray, Stephen Roti, David Seaman
  • Publication number: 20050010518
    Abstract: The terms for existing employee stock options are amended to allow transfer under certain conditions, and new employee stock options are issued that include provisions allowing transfer under certain conditions. Various techniques are used to hedge the options.
    Type: Application
    Filed: July 7, 2003
    Publication date: January 13, 2005
    Inventors: Allen Friedman, Stephen Gray, Benjamin Lopata, Stephen Roti, David Seaman
  • Publication number: 20040267656
    Abstract: A plurality of option value prices are determined for employee stock options. An average stock price corresponding to a particular one of the plurality of option value prices is determined. The employee stock option is exchanged for the value. The terms of the employee stock option are amended and the option is transferred to a third party in exchange for a value. The third party hedges the amended options.
    Type: Application
    Filed: September 17, 2003
    Publication date: December 30, 2004
    Inventors: Allen R. Friedman, Stephen E. Gray, Benjamin B. Lopata, Stephen L. Roti, David A. Seaman, Kelly Cesare
  • Publication number: 20040098327
    Abstract: A contingent convertible financial instrument which includes a bond portion and an embedded option portion. The bond portion is redeemable at a maturity date similar to a traditional bond. The embedded option portion is exercisable, within a specified time period after the value of the shares of stock reaches a target value, for shares of stock in the entity issuing the bond portion in an amount equal to the difference between an early exercise value and a value of the stock on the date that the embedded option portion is exercised. In contrast to traditional convertible bonds, the exercising of the embedded option portion does not extinguish the bond portion. Methods of providing, trading and using such a convertible financial instrument are also described.
    Type: Application
    Filed: November 14, 2002
    Publication date: May 20, 2004
    Inventor: David A. Seaman
  • Publication number: 20030081266
    Abstract: Systems and methods for generating and/or implementing an image capture procedure for an image capture device are provided. One of many possible embodiments is an image capture device for capturing images. Briefly described, one such image capture device comprises: a user interface device; logic comprising information corresponding to an image capture procedure, the image capture procedure enumerating a plurality of predefined situations for capturing an image, the plurality of predefined situations for capturing an image associated with a predefined event; logic for displaying the image capture procedure on the user interface device; and logic for capturing an image.
    Type: Application
    Filed: October 31, 2001
    Publication date: May 1, 2003
    Inventors: Mark David Seaman, Gregory A. Brake, Robert D. Thompson
  • Publication number: 20020138382
    Abstract: An exchangeable security, tradable on a securities exchange is issued at a share price that is a discount from the share price of an underlying security or basket of underlying securities. At or prior to maturity of the exchangeable security, a holder of the exchangeable security may exchange a share of the exchangeable security for a share of the underlying security or basket of underlying securities. The exchangeable security may also include a linked payment that is redeemable for the full amount of the payment on maturity of the exchangeable security. Alternatively, the exchangeable security may be issued at the share price of the underlying security with the linked payment. The invention provides methods for issue, trade and redemption as well as systems for issue, trade and redemption of the security.
    Type: Application
    Filed: January 25, 2001
    Publication date: September 26, 2002
    Inventor: David A. Seaman
  • Publication number: 20020138420
    Abstract: An exchangeable security, tradable on a securities exchange is issued at a share price that is a discount from the share price of an underlying security or basket of underlying securities. At or prior to maturity of the exchangeable security, a holder of the exchangeable security may exchange a share of the exchangeable security for a share of the underlying security or basket of underlying securities. The exchangeable security may also include a linked payment that is redeemable for the fall amount of the payment on maturity of the exchangeable security. Alternatively, the exchangeable security may be issued at the share price of the underlying security with the linked payment. The invention provides methods for issue, trade and redemption as well as systems for issue, trade and redemption of the security.
    Type: Application
    Filed: January 25, 2001
    Publication date: September 26, 2002
    Inventor: David A. Seaman
  • Publication number: 20020133443
    Abstract: An exchangeable security, tradable on a securities exchange is issued at a share price that is a discount from the share price of an underlying security or basket of underlying securities. At or prior to maturity of the exchangeable security, a holder of the exchangeable security may exchange a share of the exchangeable security for a share of the underlying security or basket of underlying securities. The exchangeable security may also include a linked payment that is redeemable for the full amount of the payment on maturity of the exchangeable security. Alternatively, the exchangeable security may be issued at the share price of the underlying security with the linked payment. The invention provides methods for issue, trade and redemption as well as systems for issue, trade and redemption of the security.
    Type: Application
    Filed: January 25, 2001
    Publication date: September 19, 2002
    Inventor: David A. Seaman
  • Patent number: 5100886
    Abstract: A metal complex having the general formula (I): ##STR1## wherein R.sup.1 is C.sub.1-4 alkoxy, C.sub.1-4 haloalkoxy, or C.sub.2-4 alkenyloxy; R.sup.2 is hydrogen or cyano; R.sup.3 is hydrogen or methyl; X is oxygen or sulphur; M.sub.p Y.sub.q is a transition metal salt wherein M is a transition metal cation, Y is an anion and p and q are independently 1, 2 or 3 according to valency requirements; and n is 1 or 2. The metal complexes of formula (I) are active as fungicides.
    Type: Grant
    Filed: November 8, 1990
    Date of Patent: March 31, 1992
    Assignee: Imperial Chemical Industries PLC
    Inventors: David Seaman, Ian R. Matthews, Neal R. Bird