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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 | ||||||||
Non-Qualified Stock Option | $ 4.2 | 04/06/2006 | A | 1,300,000 | 05/06/2006(1) | 04/06/2013 | Common Stock | 1,300,000 | $ 0 (2) | 1,300,000 | D | ||||
Non-Qualified Stock Option | $ 4.2 | 04/06/2006 | A | 200,000 | 05/06/2006(3) | 04/06/2013 | Common Stock | 200,000 | $ 0 (2) | 200,000 | D | ||||
Non-Qualified Stock Options | $ 4.2 | 04/06/2006 | A | 200,000 | 05/06/2006(4) | 04/06/2013 | Common Stock | 200,000 | $ 0 (2) | 200,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PICKUS JOSHUA 575 BROADWAY REDWOOD CITY, CA 94063 |
Chief Executive Officer |
/s/Erika Varga McEnroe, Atty. in Fact | 04/07/2006 | |
**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) | 1/48th of the shares subject to the grant vests monthly from the date of grant up to April 6, 2010. Grant date and vesting commencement date is April 6, 2006. |
(2) | Column 8 is not a required reportable field if footnote is included. |
(3) | 1/48th of the shares subject to the grant vests monthly from the date of grant up to April 6, 2010. Notwithstanding this schedule, the shares will only become exercisable, to the extent vested, following the date as of which the fair market value of the Company's Common Stock has first equaled or exceeded $6.00/share for 20 consecutive trading days. Grant date and vesting commencement date is April 6, 2006. |
(4) | 1/48th of the shares subject to the grant vests monthly from the date of grant up to April 6, 2010. Notwithstanding this schedule, the shares will only become exercisable, to the extent vested, following the date as of which the fair market value of the Company's Common Stock has first equaled or exceeded $9.00/share for 20 consecutive trading days. Grant date and vesting commencement date is April 6, 2006. |