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 |
Option to purchase Common Stock, $.001 par value per share
|
Â
(2)
|
02/25/2024 |
Common Stock, par value $.001
|
12,000
|
$
3.78
|
D
|
Â
|
Option to purchase Common Stock, $.001 par value per share
|
Â
(3)
|
02/17/2025 |
Common Stock, par value $.001
|
15,000
|
$
5.23
|
D
|
Â
|
Option to purchase Common Stock, $.001 par value per share
|
Â
(4)
|
02/24/2026 |
Common Stock, par value $.001
|
12,903
|
$
3.31
|
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) |
This Restricted Stock Award will become vested as to 1,007 shares on each of 2/24/2017, 2/24/2018 and 2/24/2019. |
(2) |
Consist of 3,000 fully vested and exercisable options and 9,000 unvested options that will vest and become exercisable as to 3,000 shares on each of 2/25/2017, 2/25/2018 and 2/25/2019. |
(3) |
Consist of 3,000 fully vested and exercisable options and 12,000 unvested options that will vest and become exercisable as to 3,000 shares on each of 2/17/2017, 2/17/2018, 2/17/2019 and 2/17/2020. |
(4) |
This option will become exercisable as to 2,581 shares on each of 2/24/2017, 2/24/2018, 2/24/2019 and 2,580 shares on each of 2/24/2020 and 2/24/2021. |