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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 | ||||||||
Employee Stock Options | $ 0.43 | 11/10/2005 | A | 25,000 | (4) | 11/10/2015 | Common Stock | 25,000 | (5) | 25,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HABIG BRENT 261 5TH AVENUE NEW YORK, NY 10016 |
Executive Vice President |
Christopher G. Kuhn, power of attorney | 11/14/2005 | |
**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) | Award of Restricted Stock pursuant to 2000 Equity Compensation Plan. 100% of the grant vests on May 10, 2006 provided reporting person is an employee on that date. |
(2) | Payable upon distribution of the shares. |
(3) | Includes: 36,115 shares of Common Stock that may be issued upon vesting of Restricted Stock; 100% of the 36,115 shares of Restricted Stock vest on May 10, 2006; 13,158 shares of Common Stock that may be issued upon vesting of Restricted Stock Units; 100% of the 13,158 Restricted Stock Units vest on March 2, 2006 provided the reporting person is an employee on that date; 12,500 shares of Common Stock that may be issued upon vesting of Restricted Stock Units; 25% of the 12,500 Restricted Stock Units vests on May 5, 2006; 2.083% vests on the fifth day of every month thereafter until and including May 5, 2009 provided reporting person is an employee on those dates; and 12,500 shares of Common Stock that may be issued on the vesting of Restricted Stock Units: 25% of the 12,500 Restricted Stock Units vests on September 8, 2006; 2.083% vests on the eighth day of every month thereafter until and including September 8, 2009 provided reporting person is an employee on those dates. |
(4) | 25% of grant on November 10, 2006; 2.083% of grant on tenth day of each month thereafter until and including November 10, 2009. |
(5) | Option Grant; price not relevant. |