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)
|
Â
(1)
|
Ordinary Shares
|
8,000
|
$
2.36
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(2)
|
Â
(2)
|
Ordinary Shares
|
10,000
|
$
0.74
|
D
|
Â
|
* |
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) |
The stock options vest as follows: 2,667 are vested as of the date hereof, 2,667 will vest on May 13, 2016, and 2,666 will vest on May 13, 2017, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan. |
(2) |
The stock options will vest as follows: 3,333 on November 11, 2016, 3,333 on November 11, 2017 and 3,334 on November 11, 2018, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan. |