1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (right to buy)
|
Â
(1)
|
12/31/2012 |
Common Stock
|
117,647
|
$
7.65
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(2)
|
12/31/2012 |
Common Stock
|
235,294
|
$
7.65
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(3)
|
12/31/2012 |
Common Stock
|
39,215
|
$
7.65
|
I
|
2006 Packard Investment Partnership L.P.
|
Stock Option (right to buy)
|
03/31/2006 |
12/31/2009 |
Common Stock
|
176,469
|
$
6.83
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(4)
|
12/31/2012 |
Common Stock
|
294,117
|
$
30.6
|
I
|
2006 Packard Investment Partnership L.P.
|
Stock Option (right to buy)
|
10/04/2004 |
12/31/2010 |
Common Stock
|
132,353
|
$
6.83
|
D
|
Â
|
Stock Option (right to buy)
|
07/27/2006 |
12/31/2012 |
Common Stock
|
78,430
|
$
7.65
|
I
|
2006 Packard Investment Partnership L.P.
|
Stock Option (right to buy)
|
06/30/2007 |
12/31/2012 |
Common Stock
|
39,215
|
$
7.65
|
I
|
2006 Packard Investment Partnership L.P.
|
Stock Option (right to buy)
|
06/30/2007 |
12/31/2012 |
Common Stock
|
29,411
|
$
7.65
|
D
|
Â
|
Stock Option (right to buy)
|
06/30/2008 |
12/31/2012 |
Common Stock
|
39,215
|
$
7.65
|
I
|
2006 Packard Investment Partnership L.P.
|
* |
If the form is filed by more than one reporting person, see Instruction 5(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) |
Vesting of the option is based on performance criteria including the opening of new jurisdictions and acheivement of enrollment targets. |
(2) |
Vesting of the option is based on performance criteria including the EBITDA contribution per new jurisdiction. |
(3) |
Achievement of fiscal year 2008 EBITDA and Revenue targets to be determined by the Board. |
(4) |
This option shall vest and become exercisable thereafter when the "fair market value" of the Company's Stock is equal to or greater than Thirty Dollars and Sixty Cents ($30.60) per share (as adjusted for stock splits, combinations, recapitalizations and similar matters). |