SEC Form 4
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*
BRILL DR ROBERT M

(Last) (First) (Middle)
C/O ETRIALS WORLDWIDE, INC.
4000 AERIAL CENTER PARKWAY

(Street)
MORRISVILLE NC 27560

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ETRIALS WORLDWIDE INC. [ ETWC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/10/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. 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 (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 $.0001 per share 09/10/2008 P 1,540 A $1.11 598,355 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 1,001 A $1.15 599,356 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 2,310 A $1.16 601,666 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 2,156 A $1.17 603,822 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 154 A $1.18 603,976 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 4,235 A $1.19 608,211 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 462 A $1.2 608,673 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 460 A $1.11 209,986 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 299 A $1.15 210,285 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 690 A $1.16 210,975 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 644 A $1.17 211,619 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 46 A $1.18 211,665 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 1,265 A $1.19 212,930 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/10/2008 P 138 A $1.2 213,068 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 15,400 A $1.08 624,073 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 6,930 A $1.09 631,003 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 21,791 A $1.1 652,794 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 7,700 A $1.12 660,494 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 4,697 A $1.15 665,191 I As general partner of the general partner(1)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 4,600 A $1.08 217,668 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 2,070 A $1.09 219,738 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 6,509 A $1.1 226,247 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 2,300 A $1.12 228,547 I As general partner of the general partner(2)
COMMON STOCK, par value $.0001 per share 09/11/2008 P 1,403 A $1.15 229,950 I As general partner of the general partner(2)
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 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
1. Name and Address of Reporting Person*
BRILL DR ROBERT M

(Last) (First) (Middle)
C/O ETRIALS WORLDWIDE, INC.
4000 AERIAL CENTER PARKWAY

(Street)
MORRISVILLE NC 27560

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Newlight Associates II, LP

(Last) (First) (Middle)
C/O NEWLIGHT PARTNERS
500 NORTH BROADWAY, SUITE 144

(Street)
JERICHO NY 11753

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
See footnote 1
1. Name and Address of Reporting Person*
Newlight Associates II (BVI) LP

(Last) (First) (Middle)
HARNEYS CORPORATE SERVICES, LTD
CRAIGMUIR CHAMBERS, PO BOX 71

(Street)
ROAD TOWN, TORTOLA D8

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
See footnote 2
1. Name and Address of Reporting Person*
Newlight Partners II, LLC

(Last) (First) (Middle)
500 NORTH BROADWAY
SUITE 144

(Street)
JERICHO NY 11753

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
See footnote 1
1. Name and Address of Reporting Person*
Newlight Partners II, Ltd.

(Last) (First) (Middle)
HARNEYS CORPORATE SERVICES, LTD.
CRAIGMUIR CHAMBERS, PO BOX 71

(Street)
ROAD TOAN, TORTOLA D8

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
See footnote 1
Explanation of Responses:
1. The designated filer, Dr. Robert M. Brill, a member of the issuer's Board of Directors, is a general partner of Newlight Partners II, LLC, a Delaware limited liability company which is the general partner of Newlight Associates II, LP, a Delaware limited partnership which is a member of the group filing this Form 4 and is the direct beneficial owner of these shares. Newlight Partners II, LLC is an indirect beneficial owner of these shares.
2. The designated filer, Dr. Robert M. Brill, a member of the issuer's Board of Directors, is a general partner of Newlight Partners II, Ltd., an International Business Company organized in the British Virgin Islands which is the general partner of Newlight Associates II (BVI), LP, a limited partnership organized in the British Virgin Islands, which is a member of the group filing this Form 4 and is the direct beneficial owner of these shares. Newlight Partners II, Ltd. is an indirect beneficial owner of these shares.
Remarks:
/s/ Robert M. Brill 09/12/2008
** 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.
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