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
(1)
|
02/22/2015 |
Common Stock
|
25,000
|
$
2.69
|
D
|
Â
|
Emplolyee Stock Option (right to buy)
|
Â
(2)
|
04/26/2015 |
Common Stock
|
15,000
|
$
1.32
|
D
|
Â
|
Employee Stock Option (right to buy)
|
Â
(3)
|
04/18/2016 |
Common Stock
|
100,000
|
$
1.59
|
D
|
Â
|
Employee Stock Option (right to buy)
|
Â
(4)
|
08/28/2017 |
Common Stock
|
100,000
|
$
1.26
|
D
|
Â
|
Employee Stock Option (right to buy)
|
Â
(5)
|
09/30/2018 |
Common Stock
|
75,000
|
$
0.87
|
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 option becomes exercisable at the rate of 1/4th of the shares on 2/22/06 and 1/36th of the remaining shares at the end of each full month thereafter. On January 27, 2009, the board of directors approved the acceleration of the unvested stock options. |
(2) |
The option becomes exercisable at the rate of 1/48th of the shares on 5/26/05 and at the end of each full month thereafter. On January 27, 2009, the board of directors approved the acceleration of the unvested stock options. |
(3) |
The option becomes exercisable at the rate of 1/48th of the shares on 5/18/06 and at the end of each full month thereafter. On January 27, 2009, the board of directors approved the acceleration of the unvested stock options. |
(4) |
The option becomes exercisable at the rate of 1/48th of the shares on 9/28/07 and at the end of each full month thereafter. On January 27, 2009, the board of directors approved the acceleration of the unvested stock options. |
(5) |
The option becomes exercisable at the rate of 1/48th of the shares on 10/30/08 and at the end of each full month thereafter. On January 27, 2009, the board of directors approved the acceleration of the unvested stock options. |