UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | Â (1) | 01/24/2018 | Common Stock | 36,000 | $ 10.1 | D | Â |
Stock Option (right to buy) | 12/15/2009 | 03/04/2019 | Common Stock | 2,900 | $ 23.58 | D | Â |
Stock Option (right to buy) | Â (2) | 08/12/2019 | Common Stock | 10,000 | $ 6.95 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gropper Charles 227 WASHINGTON STREET, #300 CONSHOHOCKEN, PA 19428 |
 |  |  Senior Vice President |  |
/s/ Catherine A. Petko, by power of attorney | 06/16/2010 | |
**Signature of Reporting Person | Date |
* | 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) | Twenty-five percent (25%) of the shares subject to the option vested on January 14, 2009. Thereafter, 1/48th of the shares subject to the option vest in equal monthly installments commencing February 14, 2009 and ending January 14, 2012. |
(2) | Twenty-five percent (25%) of the shares subject to the option shall vest in four equal annual installments commencing on August 12, 2010. |
(3) | Represents shares of the Issuer's common stock underlying restricted stock units (RSUs) awarded to the Reporting Person. 1,740 of the RSUs will vest in full on March 4, 2012, subject to accelerated vesting upon certain terminations of employment following certain corporate transactions involving the Issuer. 20,000 of the RSUs will vest in full on October 23, 2012, subject to accelerated vesting upon certain terminations of employment following certain corporate transactions involving the Issuer. The shares of common stock underlying the RSUs will be issued when the RSUs vest. |