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)
|
07/28/2005 |
07/27/2015 |
Common Stock
|
17,500
|
$
0.37
|
D
|
Â
|
Stock Option (right to buy)
|
09/15/2007 |
09/14/2016 |
Common Stock
|
35,000
|
$
1
|
D
|
Â
|
Stock Option (right to buy)
|
02/13/2007 |
02/12/2017 |
Common Stock
|
19,167
|
$
1.47
|
D
|
Â
|
Stock Option (right to buy)
|
03/15/2007 |
03/14/2017 |
Common Stock
|
50,000
|
$
1.49
|
D
|
Â
|
Stock Option (right to buy)
|
07/01/2008(1)
|
07/01/2015 |
Common Stock
|
74,000
|
$
1.04
|
D
|
Â
|
Stock Option (right to buy)
|
12/31/2009(2)
|
02/02/2016 |
Common Stock
|
19,500
|
$
0.62
|
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) |
On July 1, 2008 Mr. Dvonch was granted options to purchase 100,000 shares. These were a combination of monthly time based vesting over forty eight months and performance based options. The first exercisable date was July 1, 2008. To date 26,000 shares have been cancelled, 53,500 shares are vested and 20,500 shares are unvested. |
(2) |
On February 2, 2009 Mr. Dvonch was granted options to purchase 26,000 shares with performance based vesting. The first date options became exercisable was December 31, 2009. To date 13,000 shares are exercisable and 6,500 shares have been cancelled. There are 6,500 unvested and non-exercisable options. |