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)
(3)
|
Â
(3)
|
07/11/2020 |
Common Stock
|
40,000
(3)
|
$
12.26
|
D
|
Â
|
Stock Option (right to buy)
(4)
|
Â
(4)
|
08/31/2022 |
Common Stock
|
15,000
(4)
|
$
9.85
|
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) |
Represents the grant of restricted stock to the Reporting Person, under the Issuer's 2008 equity incentive plan (the "2008 Plan"), pursuant to a restricted stock grant agreement dated August 31, 2012 (the "2012 Restricted Stock Agreement"). The restricted stock will vest and the Issuer's right to reacquire the restricted stock will lapse over a 48-month period in four equal portions, with an initial vesting date on September 1, 2013, provided that the Reporting Person has been continuously a Service Provider (as defined in the 2012 Restricted Stock Agreement) from August 31, 2012 until the date such vesting occurs. |
(2) |
Represents the grant of restricted stock to the Reporting Person under the 2008 plan, pursuant to a restricted stock award agreement dated August 16, 2013 (the "2013 Restricted Stock Agreement"). The restricted stock will vest and the Issuer's right to reacquire the restricted stock will lapse over a 48-month period in four equal portions, with an initial vesting date on August 16, 2014, provided that the Reporting Person has been continuously a Service Provider (as defined in the 2013 Restricted Stock Agreement) from August 16, 2013 until the date such vesting occurs. |
(3) |
Represents ten year non-qualified stock options to purchase 40,000 shares of the Issuer's common stock, granted to the Reporting Person under the 2008 Plan, pursuant to a stock option agreement dated July 11, 2010 (the "2010 Stock Option Agreement"). The options are fully vested and exercisable as of the reporting date. |
(4) |
Represents ten year non-qualified stock options to purchase 15,000 shares of the Issuer's common stock, granted to the Reporting Person under the 2008 Plan, pursuant to a stock option agreement dated August 31, 2012 (the "2012 Stock Option Agreement"). The options will vest annually over a 4-year period in four equal portions, with the initial vesting date being September 1, 2013, provided that the Reporting Person has been continuously a Service Provider (as defined in the 2012 Stock Option Agreement) from August 31, 2012 until the date such vesting occurs. |