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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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Midland Lawrence W. 1900 CARNEGIE AVENUE BUILDING B SANTA ANA, CA 92705 |
X | Executive Vice President |
/s/ Lawrence W. Midland | 03/18/2010 | |
**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) | Reflects distribution of 52,000 shares of common stock of the Issuer by Mountain Partners AG to the Reporting Person. Prior to such distribution, these shares were held by Mountain Partners AG as custodian on behalf of the Reporting Person following the business combination of the Issuer and Bluehill ID AG, a stock corporation incorporated in Switzerland ("Bluehill ID"), in which the Reporting Person received 52,000 shares of common stock of the Issuer in exchange for 100,000 bearer shares in Bluehill ID. |
(2) | Original cost basis of 1 CHF per share, or $1.8956 per share, based on the average exchange rate for the month of March 2008 as reported on Oanda.com |
(3) | Includes (i) 1,291,600 shares held by the Midland Family Trust Est. Jan 29, 2002, (ii) 5,200 shares held by Mr. Midland as custodian for Ashley Marie Midland, (iii) 6,000 shares held by Mr. Midland as custodian for Alison Midland, (iv) 4,000 shares held by Mr. Midland as custodian for Taylor Ann Midland and (v) 2,800 shares held by Mr. Midland as custodian for Madison Kathleen Midland. |