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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT 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 |
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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) |
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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrant (right to buy) | $ 0.75 | 10/14/2011 | J(1) | 48,000 | 05/20/2008 | 05/19/2013 | Common Stock | 48,000 | $ 0 | 0 | D | ||||
Warrant (right to buy) | $ 0.75 | 10/14/2011 | J(1) | 41,600 | 01/02/2009 | 05/19/2013 | Common Stock | 41,600 | $ 0 | 0 | D | ||||
Warrant (right to buy) | $ 0.75 | 10/14/2011 | J(1) | 98,560 | 10/14/2011 | 05/19/2013 | Common Stock | 98,560 | $ 0 | 98,560 | D | ||||
Employee Stock Options (right to buy) | $ 1.2 | 01/30/2012 | A | 100,000 | 01/30/2013(2) | 01/30/2022 | Common Stock | 100,000 | $ 0 | 100,000 | D | ||||
Warrant (right to buy) | $ 1.4 | 08/01/2008 | 07/31/2013 | Common Stock | 100,000 | 100,000 | D | ||||||||
Employee Stock Options (right to buy) | $ 0.8 | 11/15/2010 | 06/24/2020 | Common Stock | 2,000,000 | 2,000,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Stewart Brian 2 VENTURE PLAZA SUITE 350 IRVINE, CA 92618 |
X | CEO, Pres. |
/s/ Brian E. Stewart | 04/30/2013 | |
**Signature of Reporting Person | Date |
* | 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) | Warrant exchange disclosed in Current Report Report on Form 8-K filed November 7, 2011. |
(2) | Employee stock options (right to buy) granted to the Reporting Person on January 30, 2012. On January 13, 2013, 25,000 shares vested and were exercisable. The balance of 75,000 shares vests over 36 months starting on February 28, 2013 so that 100% of the options are vested and exercisable on January 30, 2016. |