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 |
Employee Stock Option (Right to Buy)
|
Â
(3)
|
01/04/2017 |
Common Stock
|
28,125
|
$
0.64
|
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) |
Includes 3,419 restricted stock units ("RSUs") originally granted on May 3, 2012, which vest as follows: 933 RSUs vest on May 15, 2014 and 2,486 RSUs vest on May 15, 2015, provided that the reporting person remains in continuous service with the issuer through each vesting date. Also includes 15,364 RSUs originally granted on April 23, 2013, which vest in four equal annual installments on May 15, 2014, May 15, 2015, May 15, 2016 and May 15, 2017, provided that the reporting person remains in continuous service with the issuer through each vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. |
(2) |
Includes 5,000 shares of restricted stock originally granted on March 25, 2011, which vest in two equal annual installments on March 25, 2014 and March 25, 2015. |
(3) |
Represents the unexercised portion of 50,000 stock options originally granted on January 4, 2010. The stock options vested in full on April 1, 2013. |