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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 | ||||||||
Nonqualified Stock Option (right to buy) | $ 1.58 | 05/06/2006 | J(1) | 1,500 | (3) | 07/01/2012 | Common Stock | 1,500 | (5) | 1,500 | I | Owned by spouse. | |||
Nonqualified Stock Option (right to buy) | $ 1.4 | 05/06/2006 | J(1) | 3,750 | (3) | 11/01/2012 | Common Stock | 3,750 | (5) | 5,250 | I | Owned by spouse. | |||
Nonqualified Stock Option (right to buy) | $ 2.32 | 05/06/2006 | J(1) | 2,500 | (3) | 04/22/2013 | Common Stock | 2,500 | (5) | 7,750 | I | Owned by spouse. | |||
Nonqualified Stock Option (right to buy) | $ 6 | 05/06/2006 | J(1) | 2,812 | (4) | 07/23/2013 | Common Stock | 2,812 | (5) | 10,562 | I | Owned by spouse. | |||
Nonqualified Stock Option (right to buy) | $ 12.74 | 05/06/2006 | J(1) | 15,625 | (4) | 01/02/2014 | Common Stock | 15,625 | (5) | 26,187 | I | Owned by spouse. | |||
Nonqualified Stock Option (right to buy) | $ 10.39 | 05/06/2006 | J(1) | 15,000 | (4) | 07/19/2014 | Common Stock | 15,000 | (5) | 41,187 | I | Owned by spouse. | |||
Nonqualified Stock Option (right to buy) | $ 15.21 | 05/06/2006 | J(1) | 35,000 | (4) | 10/26/2014 | Common Stock | 35,000 | (5) | 76,187 (6) | I | Owned by spouse. |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KLAUS L GEORGE 18200 VON KARMAN SUITE 1000 IRVINE, CA 92612 |
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//John D. Ireland, Attorney-in-Fact | 05/09/2006 | |
**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) | Mr. Klaus married Ms. Lauri McClay on Saturday, May 6, 2006. The shares noted herein were owned by Ms. McClay as of that date. Mr. Klaus disclaims benefical ownership of them. |
(2) | Grant to recipient in a transaction exempt under Rule 16(b)-3(e). The shares are subject to a lapsing right of repurchase in favor of the Company. Recipient paid par value, $.001 per share, for each share of restricted stock. |
(3) | Grant to recipient in a transaction exempt under rule 16(b)-3(e). This option grant vests 25% each anniversary date of the grant such that it is fully vested after 4 years. |
(4) | Grant to recipient in a transaction exempt under Rule 16(b)-3(e). This option grant vests 25% on the first anniversary of the grant and quarterly thereafter such that it is fully vested in 4 years. |
(5) | Not applicable. |
(6) | Reporting person directly owns 500,000 derivative securities (NQ Stock Options) as previously reported. |
(7) | Reporting person currently directly owns 2,402,546 shares of common stock as previously reported. |