UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (Right to Buy) (1) | 06/27/2009 | 11/12/2010 | Common Stock, no par value | 11,250 | $ 2.81 | D | Â |
Non-Qualified Stock Option (Right to Buy) (1) | 06/23/2009 | 11/12/2010 | Common Stock, no par value | 12,000 | $ 1.82 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
RILEY BRYANT R 11100 SANTA MONICA BLVD. SUITE 800 LOS ANGELES, CA 90025 |
 |  |  | See Explanation of Responses |
Riley Investment Management LLC 11100 SANTA MONICA BLVD. SUITE 800 LOS ANGELES, CA 90025 |
 |  |  | See Explanation of Responses |
By: /s/ Bryant R. Riley | 01/11/2010 | |
**Signature of Reporting Person | Date | |
By: By: Riley Investment Management LLC; By: /s/ Bryant R. Riley, Managing Member | 01/11/2010 | |
**Signature of Reporting Person | Date |
* | 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) | Each Reporting Person is a member of a Section 13(d) group with respect to securities of the Issuer that beneficially owns in excess of 10% of the Issuer's outstanding shares of Common Stock. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock owned in the aggregate by the other members of the Section 13(d) group. |
(2) | Shares of Common Stock beneficially owned by Riley Investment Management LLC ("RIM"), consisting of (i) 2,715,489 shares of Common Stock held in certain managed accounts of RIM's investment advisory clients over which RIM has sole voting and investment power and (ii) 409,876 shares of Common Stock held in certain managed accounts of RIM's investment advisory clients over which RIM has shared voting and dispositive power. As the manager and owner of all of the outstanding membership interests in RIM, Mr. Riley may be deemed to beneficially own the shares of Common Stock beneficially owned by RIM. Each of RIM and Mr. Riley disclaims beneficial ownership of the shares of Common Stock held in the managed accounts, except to the extent of its or his pecuniary interest therein and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose. |