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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 | ||||||||
Stock Option (Right to Buy) | $ 14.09 | 01/25/2012 | A | 35,500 | (2) | 01/24/2022 | Common Stock | 35,500 | $ 0 | 35,500 | I | See footnote (3) | |||
Restricted Stock Unit (RSU) | (4) | 01/25/2012 | A | 12,000 | (5) | (5) | Common Stock | 12,000 | $ 0 | 12,000 | I | See footnote (6) | |||
Restricted Stock Unit (RSU) | (4) | 01/26/2012 | M | 1,900 | (7) | (7) | Common Stock | 1,900 | $ 0 | 5,700 | I | See footnote (6) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Borland Scott 2400 BAYSHORE PARKWAY SUITE 200 MOUNTAIN VIEW, CA 94043 |
SVP, Neurology Franchise |
/s/ Charlene A. Friedman, Attorney in-fact for Scott Borland | 01/27/2012 | |
**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 shares held by the spouse of the reporting person. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. |
(2) | The option is exercisable as it vests: 25% of the total number of option shares vests and becomes exercisable on January 25, 2013. Thereafter, 1/48th of the total number of option shares becomes exercisable cumulatively on the 25th day of each following month for 36 months so that the entire number of option shares becomes fully vested and exercisable on January 25, 2016. |
(3) | Includes options held by the spouse of the reporting person. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. |
(4) | Each RSU represents a contingent right to receive one share of MAP common stock. |
(5) | 25% of the total number of RSUs vests and becomes exercisable on each anniversary of January 25, 2012, such that all RSUs subject to this award shall be fully vested on January 25, 2016. |
(6) | Includes Restricted Stock Units held by the spouse of the reporting person. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. |
(7) | 25% of the total number of RSUs granted on January 26, 2011 became vested on January 26, 2012, such that all RSUs subject to this award shall be fully vested on January 26, 2015. |