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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 | ||||||||
Option to Purchase Common Shares | $ 1.26 | 03/21/2005 | A | 20,000 | (2) | 03/30/2010 | Common Shares | 20,000 | $ 0 | 20,000 | D | ||||
Option to Purchase Common Shares | $ 2.17 | (3) | 03/07/2009 | Common Shares | 20,000 | 20,000 | D | ||||||||
Option to Purchase Common Shares | $ 1.55 | (4) | 03/30/2008 | Common Shares | 20,000 | 20,000 | D | ||||||||
Option to Purchase Common Shares | $ 1 | 10/28/2002 | 10/27/2007 | Common Shares | 15,000 | 15,000 | D | ||||||||
Option to Purchase Common Shares | $ 1 | 11/30/2002 | 10/27/2007 | Common Shares | 1,666 | 1,666 | D | ||||||||
Option to Purchase Common Shares | $ 1 | 12/31/2002 | 10/27/2007 | Common Shares | 1,666 | 1,666 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WEST MICHAEL D 381 PLANTATION STREET WORCESTER, MA 01605 |
X |
/s/ Michael D. West | 03/23/2005 | |
**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) | Includes 78,332 shares that Dr. West may aquire through the exercise of stock options. |
(2) | 5,000 options become exercisable on March 31, 2005 and the remaining 15,000 will become exercisable in 3 equal quarterly installments based upon continued service on the board of directors. |
(3) | 5,000 options became exercisable on March 31, 2004 and the remaining 15,000 will become exercisable in 3 equal quarterly installments based upon continued service on the board of directors. |
(4) | 5,000 options became exercisable on March 31, 2003 and the remaining 15,000 became exercisable in 9 equal monthly installments based upon continued service on the board of directors. |