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 |
Non-Qualified Stock Option (right to buy)
|
Â
(1)
|
02/12/2017 |
Common Stock
|
22,000
|
$
2.03
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(2)
|
12/04/2013 |
Common Stock
|
13,175
|
$
2.49
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
02/08/2016 |
Common Stock
|
30,000
|
$
4.65
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
07/23/2013 |
Common Stock
|
5,000
|
$
6.46
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
06/03/2012 |
Common Stock
|
4,000
|
$
8.249
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
04/02/2011 |
Common Stock
|
10,000
|
$
8.5
|
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) |
Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant. |
(2) |
Options become exercisable over 18 months as follows: 33.3% on June 30, 2007 and 66.7% becoming exercisable at a rate of 5.56% on a monthly basis thereafter over 12 months, or through June 30, 2008. |
(3) |
The options become exercisable on a monthly basis at a rate of 10% in year 1, 20% in year 2, 30% in year 3 and 40% in year 4, which commences on the last day of the month the option is granted. |