|
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 |
|
| |||||||||||||||||||||||||||||
|
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) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option | $ 14.7 | 12/31/2010 | A | 3,333 (2) (3) | (2)(3) | 01/03/2015 | Common Stock | 3,333 | $ 0 | 6,667 (2) (3) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Zhang Yizhao 45 OLD MILLSTONE DRIVE, NIT 6 EAST WINDSOR, NJ 08520 |
X |
/s/ Yizhao Zhang | 04/28/2011 | |
**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) | On March 31, 2011, the reporting person was granted 16,000 shares of restricted stock under the Issuer's 2009 Equity Incentive Plan, with (i) 8,000 of the shares vesting on April 30, 2011, (ii) 4,000 of the shares vesting on June 2, 2011 and (iii) 4,000 of the shares vesting on December 31, 2011. |
(2) | On January 3, 2010, the reporting person was granted options to purchase an aggregate of 10,000 shares of common stock pursuant to the Issuer's 2009 Equity Incentive Plan, with (i) 3,334 of the options vesting on February 2, 2010 (the "First Tranche"), (ii) 3,333 of the options vesting on December 31, 2010 if the Issuer achieves certain financial performance targets for the fiscal year ended June 30, 2010 (the "Second Tranche"), and (ii) 3,333 of the options vesting on December 31, 2011 if the Issuer achieves certain financial performance targets for the fiscal year ended June 30, 2011 (the "Third Tranche"). The grant of the First Tranche was reported on a Form 4 filed on January 11, 2010. As reported on this Form 4, the performance-based vesting criteria for the Second Tranche was achieved by the Issuer and the Second Tranche vested on December 31, 2010. |
(3) | On March 31, 2011, the Issuer cancelled the unvested Third Tranche. Because the performance-based vesting criteria with respect to the Third Tranche had not been achieved, such options were not previously reported in Table II of a Form 4. |